Beijing China, June 22nd 2021 – Beijing Automotive Group Co., Ltd. (BAIC) is honored with the 20th place among China’s 500 Most Valuable Brands of 2021, namely the third winner in Chinese auto industry in virtue of its respectable brand value up to RMB306.289 billion. The report of China's 500 Most Valuable Brands have been consecutively released by World Brand Lab for 18 years, which comprehensively evaluate brand values based on company financial performance, brand strength and analysis of customers behavior, presenting wide recognition and authority.     

Although of huge challenges of COVID-19 pandemic since 2020, BAIC goes all lengths to reap significant achievements through more personalized customer services and high-quality evolvement. Several new models have been launched involving ARCFOX, BEIJING and BAIC ORV; Beijing-Benz and Beijing-Hyundai see steady growth with premium user experience; and Beijing FOTON realizes accumulative sale amount of 680,200 units, YoY by 26%.   

This great reward demonstrates BAIC has strong strength and flexibility to further transformation and enhance development while tackling pandemic influence and market changes, all of which contributes to hoist brand value and power.