The 17th China Brand Festival recently released the list of top 500 Chinese brands. There were 15 Hunan brands on the list, including SANY and Aier.

The shortlisted Hunan brands are (ranked by brand value): SANY, Aier, Lens Technology, Zoomlion, Zhuzhou CRRC Times Electric, Founder Securities, LBX Pharmacy, Goke Microelectronics, Snowsky Salt, Juewei Foods, Jiugui Liquor, Longping High-tech, Better Life, Jiuzhitang, and S'YOUNG. 

These brands cover a wide range of industries, including machinery, medical care and medicine, energy, security, food and beverage, agriculture, forestry, husbandry, and fishery. Among them, two brands have doubled their values: the brand value of LBX Pharmacy increased from 6.871 billion yuna in 2022 to 14.631 billion yuan this year, with its national ranking rising 75 places; and, that of Longping High-tech surged from 3.058 billion yuan to 6.711 billion yuan, with its national ranking up 29 places.

The annual China Brand Festival is an important event in the brand industry of China. The top 500 Chinese brands list released at the event every year has always been in the spotlight. The shortlisted brands are basically assessed by their market value, taking into account of their influence, sales revenue, profit, standard profit margin, and market share.

This article is from the Hunan Provincial Government www.enghunan.gov.cn.

Translator: Pang Yuehui

Chinese source: hunan.gov.cn