Ordos brands make Inner Mongolia Top 100 Brands list

Updated: 2020-11-25 Print

Business brands from Ordos city occupy three spaces on the 2020 Inner Mongolia Top 100 Brands list.

The nominees are ERDOS, a famous cashmere product brand from Ordos city; Elion Resources, a company committed to ecological construction, from deserts and cities to the world; and Yitai Group, a large-scale modern energy enterprise with coal production and operation as its main business.

The nominations were announced at the seventh Inner Mongolia Brand Conference held in Bayannuur city in North China’s Inner Mongolia autonomous region on Nov 19.

The conference had the theme of "aggregating regional brand advantages and empowering the Hetao brand economy", and was hosted by the government of Bayannuur city and the Inner Mongolia Brand Building and Promotion Association.

The "Inner Mongolia Brand Value Evaluation Information Data for 2020" and "Inner Mongolia Top 100 Brand Value Evaluation Analysis Report" were released at the conference, and the Inner Mongolia Regional Public Brand Cooperative Development Cooperation Framework Agreement was signed.

In 2020, the total value of the top 100 brands in Inner Mongolia is 574.43 billion yuan ($81.69 billion), an increase of 31.60 billion yuan over last year. The average value of each brand on the list is 5.74 billion yuan, an increase of 316 million yuan, or 5.8 percent, over last year.