China 2016: CHINA TOP 100 BRANDS IN BRIEF| 21 - 30
21. China Unicom
COMPANY China Unicom Hong Kong Ltd.
BRAND VALUE US$ 4,708 Million
YEAR-ON-YEAR CHANGE -14%
INDUSTRY Telecom Providers
YEAR FORMED 2009
China Unicom was established in 2009 as a result of the merger of former China Unicom and China Netcom. A world leading telecom operator, it has subsidiaries and provincial branches in 31 provinces across China, and five overseas operating companies around the world. China Unicom is listed on the New York and Hong Kong Stock Exchanges.
22. Bank of Communications
COMPANY Bank of Communications Company, Ltd.
BRAND VALUE US$ 4,499 Million
YEAR-ON-YEAR CHANGE 17%
YEAR FORMED 1908
One of China’s oldest banks, Bank of Communications was restructured in 1986, in line with national economic reforms. Today, its scope includes commercial banking, securities services, trust services, financial leasing, fund management, insurance, and o shore financial services. It was listed on the Hong Kong Stock Exchange in 2005 and the Shanghai Stock Exchange in 2007.
COMPANY China Pacific Insurance Group Co Ltd. BRAND VALUE US$ 4,304 Million
YEAR-ON-YEAR CHANGE 36%
YEAR FORMED 1991
CPIC (China Pacific Insurance Company) is one of China’s leading integrated insurance groups. It provides a broad range of risk and protection solutions, investment and wealth management and asset management services to about 80 million customers throughout the country. The company was listed on the Shanghai Stock Exchange in 2007, and on the Hong Kong Stock Exchange in 2009.
COMPANY Lenovo Group Ltd.
BRAND VALUE US$ 3,788 Million
YEAR-ON-YEAR CHANGE 16%
YEAR FORMED 1984
Lenovo (known as Legend Holdings until 2004) is one of the world’s leading personal technology companies. Its products include PCs, smartphones, tablets and smart TVs. It has more than 57,000 employees across 60 countries, serving customers in over 160 countries worldwide. Lenovo is traded on the Hong Kong Stock Exchange.
25. China Minsheng Bank
COMPANY China Minsheng Banking Corp Ltd.
BRAND VALUE US$ 3,441 Million
YEAR-ON-YEAR CHANGE 12%
YEAR FORMED 1996
Established in 1996, China Minsheng Bank is a national joint-stock commercial bank with investments mainly from non-state-owned enterprises (NSOEs). It was listed on the Shanghai Stock Exchange in 2003 and on the Hong Kong Stock Exchange in 2009.
COMPANY Suning Commerce Group Co Ltd.
BRAND VALUE US$ 3,310 Million
YEAR-ON-YEAR CHANGE 68%
YEAR FORMED 1990
China’s leading electronic retailer has approximately 1,600 outlets and is renowned for the strength of its logistics operation. In 2015, Alibaba purchased a 19.9% stake in the company in a significant step towards the integration of online and o ine shopping. Established in 1990, Suning was listed on the Shenzhen Stock Exchange in 2004.
27. Yunnan Baiyao
COMPANY Yunnan Baiyao Group Co Ltd.
BRAND VALUE US$ 3,046 Million
YEAR-ON-YEAR CHANGE 11%
YEAR FORMED 1902
The company was established in 1902, after a Chinese medicine practitioner discovered that baiyao, a powder derived from ginseng and other roots, helped treat wounds and staunch blood. Yunnan Baiyao was listed on the Shenzhen Stock Exchange in 1993.
COMPANY China Vanke Co Ltd.
BRAND VALUE US$ 3,038 Million
YEAR-ON-YEAR CHANGE 18%
INDUSTRY Real Estate
YEAR FORMED 1984
Vanke is a leading real estate company in China. Since 1988 its main business has been real estate development and property services. Having strategically focused on city clusters, Vanke has established its presence in 65 cities
in mainland China. It was listed on the Shenzhen Stock Exchange in 1991.
29. China Eastern Airlines
COMPANY China Eastern Airlines Corp Ltd.
BRAND VALUE US$ 3,015 Million
YEAR-ON-YEAR CHANGE 49%
YEAR FORMED 1988
China Eastern Airlines is a SOE (State Owned Enterprise) and one of China’s three largest airlines. It flies a fleet of more than 430 long-haul and short-haul aircraft and serves nearly 80 million travelers annually. It is listed on the New York, Hong Kong and Shanghai Stock Exchanges.
COMPANY PICC Property & Casualty Co Ltd.
BRAND VALUE US$ 2,975 Million
YEAR-ON-YEAR CHANGE 25%
YEAR FORMED 1949
Founded as a SOE (State Owned Enterprise) in 1949, the People’s Insurance Company of China (PICC) was spun o from its corporate parent People’s Insurance Company Group of China in 2003. Its insurance services include
cover for property, marine cargo, tourists, households, and automobiles. It is traded on the Hong Kong Stock Exchange.