On June 2, 2008, the World Brand Laboratory published the 2008 list of China’s 500 Most Valuable Brands (MVB) in Beijing. Relying on a brand value of 11.268 billion yuan, which increased 950 million yuan and ranked 59th on the list, SINOPEC/Great Wall Lubricant won the certificate. Therefore, SINOPEC/Great Wall Lubricant will keep playing a leading role as the only brand with a brand value over 10 billion yuan in China’s lubricant industry.

Certificate issued by World Brand Laboratory to SINOPEC/Great Wall Lubricant in 2008

Since the list of China’s 500 Most Valuable Brands was first published in 2004, the brand value of SINOPEC/Great Wall Lubricant has been increasing. Besides, SINOPEC/Great Wall Lubricant has been the only brand of lubricant among China’s 500 MVB and has been playing a leading role in the industry.

For this time, among the brands listed as China’s 500 Most Valuable Brands, only 66 have a brand value of over 10 billion yuan.