The “2022 China’s 500 Most Valuable Brands” list, compiled by World Brand Lab, was released recently. Sungrow is on the list with a brand value of 61.586 billion RMB, a year-over-year increase of 40%, demonstrating a robust competitive strength and global influence.
World Brand Lab is an international brand value research institute owned by World Executive Group, the world’s leading digital business and strategy consulting firm. China’s 500 Most Valuable Brands list, published annually for the past 18 years, is judged based on brands’ global influence, including financial data, market share, brand loyalty, customer behavior, and more parameters.
“Brand is an important symbol of corporate strength. Due to the dedicated commitment to product innovation and efforts to our stakeholders and sustainable development of the planet, Sungrow was once again listed by World Brand Lab with a significant value increase,” said Professor Cao Renxian, Chairman of Sungrow.As the environmental factors are changeable, Cao also commented that the brand should be more resilient, authentic, and believable, allowing customers to reap sustained benefits of the brand. The Company is accelerating its footprint with advanced products and services, powering more communities and facilities. Notably, the recently-released IHS Markit (now a part of S&P Global) report indicated that Sungrow tops the inverter shipment ranking in 2021 with 47GW delivered.