143.586 Billion Yuan, HBIS Brands Value Making a New Record

June 15, World Brand Lab published its 2023(20th)Top 500 Chinese Most Valuable Brands in Beijing. With its 143.586 billion Yuan value, HBIS brands rank No.54, making a new record high.

Led by Xi Jinping Thoughts on Socialism with Chinese Characteristics for a New Era, HBIS has been implementing the new development concepts and coordinated its efforts in product quality, technological innovation, green & low carbon, social responsibility and overseas development to build a world influential multinational industrial group. Focusing on market and clients, HBIS has made concrete efforts to improve the structures of products and clients to develop more single champion products and enhance its efforts to provide more materials, manufacturing and services to clients. HBIS has become the No.1 Household electric steel supplier, the second largest automobile steel supplier and a leading ocean engineering steel, nuclear power steel, construction and bridge steel supplier in China. HBIS is leading the merger of academic studies and the industry. Together with world’s leading technologies, top enterprises, research institutions, HBIS has built a world class R&D platform to develop original and innovative technologies. Setting its targets on carbon peaking and neutralization, first in steel industry, HBIS launched its green, low carbon action plan and low carbon development technology road map.HBIS won the Sustainable Development Enterprise title of World Steel Association and won the ization to sign the new version of Charter of Sustainable Development of World Steel Association. It is the leader of carbon peaking efforts in Chinese steel industry. With its 1.2million ton hydrogen steel making pilot project, HBIS is leading the energy revolution of steel industry. Jointly with BMW, HBIS is building a green and low carbon green steel supply chain and leading the green development of Chinese and world steel industry.With concept of innovation and sharing, HBIS is fulfilling its responsibilities as a SOE by provide values to its employees and social communities. HBIS has promoted the operation of such as HBIS PMC, HBIS Serbia and HBIS DITH. Six years in a row, HBIS becomes the most internationalized steel enterprise in China.   

World Brand Lab was incorporated in New York in 2003 and since has become a world leading independent brand valuation and consultant institute. The winner of Nobel Prize in Economics Professor Robert Mundell fills the Chief Chairman of it. World Brand Lab is recognized as one of the top three brand valuation institutions of the world.