Yuchai won the title of “China Brand Annual Award NO.1â€
Yuchai recently received the prestigious "China Brand Annual Grand Prize NO.1" award in the "Internal Combustion Engine" category at the "2007 World Managers Annual Meeting" held in Hong Kong, China. This notable achievement was part of the China Brand Awards Conference, organized by the World Brand Lab and supported by several leading media outlets such as "World Manager," "World Entrepreneur," "CEO," and "Colombia News Review." Over 60 prominent Chinese brands participated in the event, highlighting its significance in the business world.
The World Brand Lab is a globally recognized institution specializing in brand research and evaluation. It is chaired by Professor Robert Mundell, a Nobel laureate in Economics and widely regarded as the "Father of the Euro." The lab brings together experts from top universities around the world, including Harvard, Yale, Wharton, MIT, Oxford, and Cambridge. As one of the top three global brand evaluation agencies, it plays a key role in shaping brand value perception on an international scale.
Since 2005, Yuchai has been committed to building a world-renowned brand and expanding into a large multinational enterprise. To achieve this, the company established dedicated brand-building organizations, professional teams, strategic plans, and robust management systems. These efforts have driven significant growth in both production and operations while enhancing the brand's overall value.
In 2007, Yuchai achieved sales revenue exceeding 18 billion yuan, maintaining its position as the leading domestic player for seven consecutive years. Its brand value reached 5.336 billion yuan, placing it at 117th in the "Top 500 Brands in China 2007." Yuchai continues to be recognized as the top power brand in China, solidifying its reputation as a leader in the industry.
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