June 19, World Brand Lab released its 2024 (the 21st) Top 500 Chinese Brands in Beijing. With 178.529billion Yuan value, HBIS brand ranks No.53 in the list and 2nd place within steel industry. Since 2019, HBIS brand value has reached a record high for many consecutive years, and this year's brand value has increased by 24.4% compared with last year, ranking first in the industry.

Led by Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era and implement the new development concept, HBIS has made progress in high end, intelligent, green and international development, becoming an influential global multinational enterprise. By adhering to co-creation and sharing, HBIS is going abroad to brace the resources, markets and client of the globe. Following the Belt & Road Initiative, HBIS is strengthening full production chain and global development, 15 years in a row, entering the World Top 500 Enterprises list and for 7 years, becoming the most internationalized Chinese Steel Enterprise.

HBIS enhances high-quality supply and create a model for high-end development. Aiming at high-end, positioning at high-end, and making to high-end, HBIS actively grasps the high-quality development opportunities of the implementation of major national strategies, builds strategic advantages for future development with high-end, and promotes enterprises to accelerate transformation and upgrading and a new leap in high-quality development. Going low carbon and green, targeting Carbon Peaking and Carbon neutrality, first in steel industry, HBIS has released its Green and Low carbon Development Action Plan and Low Carbon Technology Road map, hydrogen Technology technology development and applications, building a low carbon and energy conservative product structure. HBIS has won the titles of Leading Sustainable development Enterprise of World Steel Association and Annual Chinese ESG Enterprise.

World Brand Lab was founded in 2003 in New York, USA. It is now a world leading independent brand valuation and sales consultant. Noble Prize winner of Economics Professor Robert Mundell was its first chairman. It is one of three leading brand valuation institutions in the world.