TINGYI Beverage Investment Company changes chairman and completes industrial and commercial changes
36Kr learned that the Aiqicha App shows that recently, Tingyi Beverage Investment (China) Co., Ltd. underwent a business change, with Cai Ciyuan stepping down as the legal representative and chairman, succeeded by Qiu Shihuang. The company was established in May 2011, with a registered capital of approximately USD 550 million. Its business scope includes investing in areas permitted for foreign investment by the state, providing brand promotion and marketing services for its parent company, affiliated companies, and invested enterprises, and is wholly owned by KSF Beverage Holding Co., Ltd
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