TINGYI(HK:00322) Zhong Guo Shi Pin Wang·2025-09-25 07:35Core Insights - The takeaway from the article is that despite fierce competition from the delivery industry and the rise of new fast food and pre-packaged meal options, Kang Shifu remains a dominant player in the instant noodle market with a market share of 45% [3][4]. Group 1: Product Innovation - Kang Shifu has introduced innovative products like the "Specially Fresh Instant Noodles," which achieved nearly 1 million sales within the first week of launch, utilizing a unique "single basket boiling" technique to enhance the taste [5][6]. - The company has also launched the "He Mian" product, which offers a complete meal experience with meat, vegetables, and soup, all prepared in just four minutes, addressing consumer demand for a more substantial meal [8][9]. - Kang Shifu's focus on new channels and unique flavors, such as the "Chao Lu Beef Noodle" and "White Truffle Chicken Soup Noodle," has led to impressive market performance [7]. Group 2: Technological Advancements - The company holds over 600 patents and has integrated space technology into its production processes, enhancing flavor and safety standards [11][12]. - Kang Shifu has developed a "fresh-keeping" technology that preserves the quality of ingredients, ensuring a consistent taste across different regions [14]. - The introduction of the "Xian Q Noodles," which are non-fried and maintain a desirable texture, showcases the company's commitment to health and innovation [13][14]. Group 3: Supply Chain and Industry Leadership - Kang Shifu has restructured its supply chain and production processes to improve efficiency and reduce costs, allowing for high-quality products at competitive prices [18][19]. - The company has established vegetable bases in various regions to enhance its supply chain and ensure quality control [18]. - Kang Shifu's commitment to food safety and quality has set industry standards, as it was the first instant noodle company in China to receive AIB certification [18][22]. Group 4: Market Positioning and Consumer Insights - The company has successfully identified and catered to diverse consumer needs, offering products tailored for different demographics and consumption scenarios, such as busy professionals and health-conscious individuals [21][24]. - Kang Shifu's approach emphasizes long-term consumer satisfaction and product innovation over short-term pricing strategies, positioning it as a leader in the industry [24].