May 9th witnessed the “2018 China Brand Evaluation Press Conference” in Shanghai held by the Economic Daily Press, China Council for The Promotion of International Trade, and China Council for Brand Development under the guidance of under the guidance of the State Market Supervision and Administration Bureau. The conference was co-hosted by the China Brand Press and China Economic Net.
The event released brand value of 718 companies, such as ICBC, China Ping An Insurance, Bank of China, CRRC and other 6 brands which worth more than 100 billion yuan, and another 81 brands worthing more than 100 billion yuan.
In the conference, the organizers released the rankings of multi industries and fields by four sides: enterprise brand, product brand, regional brand and independent innovation brand. Inner Mongolia King Deer Cashmere Co., Ltd., the vice-chairman unit of CABC, has its name on the list of “independent innovation” by brand value of 2.609 billion yuan, ranked 11th; the member unit of CABC, Hebei Pingle Flour Machinery Group Co., Ltd., is also on the list by a value of 767 million yuan, ranked 51st.