The list of Asia's top 500 brands was issued on August 27 by the World Brand Lab and World Executive Group in Hong Kong. With its outstanding performance in the past year and the number of overseas projects, Shanghai Electric moved up 8 spots to a record ranking of 88. This is the fourth time in a row that Shanghai Electric makes it to the top 100 on the list.
The World Brand Lab tracks Asian brands and ranks their influence based on three key indicators: market share, brand loyalty, and global leadership. Over the past year, Shanghai Electric has followed the "three-step" strategy and delivered solid results to the capital market under new circumstances. On the one hand, Shanghai Electric takes on the mission of "empowering industries around the globe and creating a better and intelligent life". By benchmarking against the world's highest standards and best practice, Shanghai Electric has been manufacturing high-end, intelligent and advanced equipment driven by innovation and transforming into a provider of green, eco-friendly, intelligent and interconnected technology integration and comprehensive system solutions. On the other hand, Shanghai Electric works to carry out solutions that integrate industrial Internet and intelligent manufacturing with field data of energy users and industrial users. It also continues to increase R&D spending and provides technical support for the group to sooner grow into an international, modern, and world-class company.
While consolidating its traditional strength, Shanghai Electric strives to develop such emerging industries as intelligent transportation, intelligent aviation, and smart medicare. That is how it can build itself into a world-class manufacturer of high-end equipment, a promoter of "made-in-Shanghai" brands overseas, and a pioneer among Chinese companies going out.
Asia's top 500 brands list has been published once a year since 2006. Its experts and consultants come from world's top-class institutions of higher learning including Harvard University, University of Oxford, and Yale University, and its research achievements have become a major basis for a number of enterprises to evaluate intangible assets during mergers and acquisitions. Its unique evaluation method "brand added value toolbox" is widely recognized by the enterprises and the financial industry.
On September 1, China's Top 500 Brands listing was issued by China Enterprise Confederation and China Enterprise Directors Association in Jinan. Shanghai Electric rose 17 places to No. 163, and claimed to 65th in the "China's Top 500 Manufacturers" listing.
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