It was a round badge with a central disc featuring Vladimir Lenin's profile surrounded by smokestacks, a tractor and a building, possibly a power plant.
The disc is surrounded by two golden panicles of wheat, and a red flag with "LENIN" in Cyrillic script (Russian: ЛЕНИН).
The design was the same as previous, but the central disc was gray enamelled and Lenin's portrait was a separate piece made of platinum fixed by rivets.
Later it was worn as a medal suspended from a red ribbon with pairs of yellow stripes at the edges (see image above).
For a time it was incorporated into a one-piece gold badge, but finally returned as a separate platinum piece until the dissolution of the USSR in 1991.
Also among the first ten recipients were five industrial companies, three pilots, and the Secretary to the Central Executive Committee Avel Enukidze.