31-12-2006 The"Most
Valuable Brand Evaluation China"recently performed an evaluation of brands
of FAW Group and announced that "First Automotive" ranked 5th place
in year 2006, with net worth of 35.7 billion Yuan (RMB). Value of the "First
Automotive" is increased 2 billion Yuan (RMB) over last year. "Jiefang"
ranked first place at the heavy duty truck with net worth of 11.4 billion Yuan
(RMB). "Hongqi" also ranked the first place at car industry, with net
worth of 5.8 billion Yuan (RMB). Brand value of "First Automotive",
"Jiefang" and "Hongqi" has been increased for consecutive
seven years.
The "Most Valuable Brand Evaluation" is conducted by the Beijing Famous
Brand Assets Evaluation Company. This research report, issued annually since 1995,
has become an important reference for understanding the development trends of
China's enterprises and brands.
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