Tingyi (Cayman Islands) Holding Corp.

Commitment to Food Loss & Waste Reduction

Tingyi (Cayman Islands) Holding Corp. (hereinafter referred to as “Master Kong”, “the Company” or “We”) remains steadfast in its commitment to sustainable development, actively implementing national initiatives such as the Action Plan on Saving Food and Reducing Food Loss. With the overarching goal of minimizing food loss and waste, the Company pledges to work closely with customers, suppliers, and partners to reduce grain and food wastage, jointly fortifying the defense line for food conservation. We promise to:

• Establish a classified statistical and survey system implementing standard norms and indicator frameworks for grain loss and food waste, aiming to reduce raw-material waste generation and raise the overall utilization efficiency of food resources. Targeting raw-material waste and near-expiry food arising from process losses, over-supply and similar causes during production and operation, we conduct baseline data investigations and studies on food loss and waste according to food category.
• Continuously monitor food loss and waste throughout production and operation, identify the key stages where they occur, and formulate and implement targeted measures to reduce them.
• All food waste such as raw material scraps and near-expiry products shall be transferred to qualified companies for treatment and secondary use, including feed production, composting or biodiesel manufacturing, to ensure that these waste streams are properly handled and utilized.
• Introduce a variety of smaller-portion products that allow consumers seeking modest servings to enjoy Master Kong’s premium quality without excess calorie intake and to reduce food waste.
• Leverage key moments such as World Food Day and the National Food-Security Awareness Week, and join hands with upstream and downstream partners to run regular campaigns along the value chain, promoting food conservation, opposing waste, and facilitating the “Empty Plate” initiative.
• Collaborate with upstream and downstream partners to cut food loss and waste across the value chain through accurate demand forecasting, repurposing surplus ingredients and other shared initiatives.

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