In recent years, the stainless steel hardware industry in Xinhui has experienced remarkable growth. Today, a concentrated industrial belt known as the "Silver Corridor" has formed in areas such as Siqian, Daze, and Huicheng. This region has become a hub for stainless steel production and innovation, attracting attention from both local and national observers. Since the start of this year, the industry has maintained an impressive growth rate of over 40%. From January to October, the sector achieved an output value of approximately 6.5 billion yuan, ranking first among the eight major industrial sectors of the New Club. With this momentum, it is expected that the stainless steel industry could soon become the leading force in Xinhui's industrial landscape.
As a local economic powerhouse, the development of the "Silver Corridor" reflects the collaborative strength of the stainless steel industry. To explore its growth trajectory and impact, this newspaper has launched a special series titled "The Silver Corridor." We encourage readers to follow along and gain deeper insights into this thriving sector.
Currently, there are more than 480 stainless steel enterprises operating in Xinhui District, with 90% located within the "Silver Corridor" along Xinkai Highway. The concentration of these businesses has fostered a strong sense of community and cooperation. Over the past few years, Siqian, Daze, and Huicheng have worked together, sharing resources and complementing each other in capital investment, sales strategies, and industrial upgrades. This bundled development model has significantly boosted the growth of the stainless steel industry in the region.
The "Silver Corridor" is not just a geographical term—it represents a dynamic network of activity. In recent years, the industry has continued to expand rapidly. By the end of this year, the output value of the stainless steel sector is expected to reach record levels, surpassing all other industrial sectors and potentially becoming the dominant force in Xinhui’s economy.
Industry experts highlight that the "corridor" plays a crucial role in facilitating the exchange of critical information—such as technology, sales, production, and product variety. In a highly competitive market, where raw material and product prices fluctuate frequently, timely access to information is essential. Thanks to the "Silver Corridor," Xinhui’s stainless steel companies have managed to avoid losses and maintain stability, showcasing the effectiveness of this interconnected system.
Moreover, the "Silver Corridor" serves as a vital barometer for economic management departments, helping them monitor and support the operations of stainless steel enterprises across the region. Understanding the corridor’s dynamics enables policymakers to address challenges and promote sustainable growth for the entire district.
The Xinhui District Stainless Steel Industry Association has also played a key role in the sector's development. With over 90 member companies, most of which are based within the "Silver Corridor," the association fosters collaboration and knowledge-sharing. Members regularly meet to discuss strategies, share best practices, and work on joint initiatives in branding, marketing, and business development.
Several companies have emerged as leaders in this ecosystem. Rixing Stainless Steel Products Co., Ltd. in Risheng Town and Jinchao Industrial Co., Ltd. in Huicheng have gained significant recognition. Rixing’s "Fast Speed" brand of stainless steel utensils has been named a "Guangdong Province Famous Brand Product," while Jinchao’s "Golden Bottle" thermos series has earned both provincial and national acclaim. These successes have inspired a wave of brand-building enthusiasm across the region.
Over the past two years, the agglomeration effect of the "Silver Corridor" has become even stronger. Siqian Town, recognized as a provincial-level hardware stainless steel professional town, has 267 stainless steel enterprises, including 64 specialized stainless steel companies. From January to October this year, the town’s stainless steel industry generated a total output value of 3.71 billion yuan, accounting for 57% of the region’s total. Its influence continues to shape the development of the "Silver Corridor."
Siqian Town is home to the Provincial Stainless Steel Product Quality Inspection and Testing Center, which acts as a key support point for improving product quality across the corridor. Additionally, Rixing Stainless Steel Products Co., Ltd. has taken on a leadership role, coordinating production and processing tasks among smaller enterprises in the corridor to ensure mutual growth. Many former stainless steel entrepreneurs have also expanded their operations by setting up factories in Daze and Huicheng, further strengthening the corridor’s economic foundation.
Huicheng-based Rixin Stainless Steel Material Factory Co., Ltd. has developed advanced materials such as stainless steel sheets and molybdenum stainless steel, applying them in various industries. The company has also filed international PCT patents, demonstrating its commitment to innovation. Due to its strategic location, it can supply materials to corridor-based companies at lower costs, enhancing overall efficiency and competitiveness.
In summary, the "Silver Corridor" has evolved into a powerful economic force, driving growth, innovation, and collaboration in the stainless steel industry. As it continues to expand, it is set to play an even greater role in shaping the future of Xinhui’s industrial landscape.
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