China Building Materials, BBMG and Huaxin were included in the list of "China's 500 Most Valuable Brands" in 2023

On June 15, the 20th World Brand Conference, hosted by the World Brand Lab, was held in Beijing, where the list of China's 500 Most Valuable Brands in 2023 was released.

Among them, CNBM ranked 47th with a brand value of 180.275 billion yuan, and BBMG ranked 64th with a brand value of 113.556 billion yuan; Huaxin Cement ranked 79th on the list with a brand value of 87.856 billion yuan, an increase of 6.284 billion yuan over last year; Conch Cement ranked 124th on the list with a brand value of 78.827 billion yuan; Red Lion Cement ranked 360th on the list with a brand value of 23.416 billion yuan.

In addition, China Resources ranked eighth in the list with a brand value of 440.856 billion yuan, which was further improved compared with the brand value of 408.629 billion yuan in 2022.

It is reported that "China's 500 Most Valuable Brands" has been published for 20 consecutive years. As one of the most influential brand value evaluation criteria in the industry, it uses the "income present value method" to evaluate brand value, which is based on the economic application method, integrating consumer research, competitive analysis and the prediction of future income of enterprises.