In recent years, the stainless steel hardware industry in Xinhui has experienced remarkable growth. A concentrated industrial belt known as the "Silver Corridor" has emerged, spanning areas such as Siqian, Daze, and Huicheng. This region has become a hub for stainless steel manufacturing, attracting both local and national attention. Since the start of this year, the industry has maintained an impressive growth rate of over 40%. From January to October, the total output value reached approximately 6.5 billion yuan, placing it at the top among the "eight major industrial sectors" of the New Club. With its current trajectory, the industry is expected to become the leading sector in Xinhui by the end of the year.
As a key economic driver, the development of the "Silver Corridor" has drawn significant interest. To explore its impact and future potential, this newspaper has launched a special series titled "The Silver Corridor." Readers are encouraged to follow the ongoing coverage.
Currently, there are more than 480 stainless steel enterprises in Xinhui District, with 90% located within the "Silver Corridor" along the Xinkai Highway. The close proximity of these companies has fostered collaboration, enabling effective resource sharing and mutual growth. Over the past few years, Siqian Town, together with Daze and Huicheng, has achieved synergy in capital investment, sales strategies, and industrial upgrades, creating a strong, cohesive development trend that continues to boost the regional stainless steel industry.
The "Silver Corridor" is not just a geographic feature—it represents a dynamic network of activity. In recent years, the industry has continued to expand rapidly, with output reaching 6.5 billion yuan from January to October, a year-on-year increase of over 40%. This growth places it at the top among the eight major industrial sectors, and it is now on track to become the dominant force in Xinhui's industrial landscape.
Industry experts emphasize that the "Silver Corridor" plays a crucial role in facilitating the exchange of information related to 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. In Xinhui, this information flow is well-established, preventing many potential losses and ensuring the stability of businesses.
Moreover, the "Silver Corridor" serves as a vital barometer for local economic management departments, helping them monitor and support the operations of stainless steel enterprises across the region. Understanding the corridor’s dynamics allows officials to address challenges and drive sustainable development for the entire district.
The Xinhui District Stainless Steel Industry Association has also played a pivotal role in the industry's growth. With over 90 member companies, most of which are located within the "Silver Corridor," the association fosters collaboration and knowledge-sharing. Through initiatives in brand strategy, marketing, and product development, the association has helped elevate the profile of local stainless steel products.
Notable success stories include Rixing Stainless Steel Products Co., Ltd. and Jinchao Industrial Co., Ltd. These companies have benefited greatly from the "Silver Corridor" environment. For instance, Rixing's "Fast Speed" brand of stainless steel utensils was recognized as a Guangdong Province Famous Brand Product, while Jinchao's "Golden Bottle" thermos series earned both the Guangdong Province Famous Brand and China's Top Ten Thermos Brands awards. Their achievements have inspired a broader movement toward branding and innovation in the region.
In the past two years, the agglomeration effect of the "Silver Corridor" has become even more pronounced. Siqian Town, a provincial hardware stainless steel town, has seen its stainless steel industry continue to grow. With 267 stainless steel enterprises, including 64 dedicated to stainless steel production, the town contributed 3.71 billion yuan in output value from January to October—accounting for 57% of the region’s total. Its leadership role in the "Silver Corridor" is evident through initiatives like the provincial stainless steel product quality inspection center, which supports all enterprises in improving their standards.
Additionally, large enterprises like Rixing Stainless Steel Products Co., Ltd. have taken on a supportive role, distributing work to smaller firms based on their capabilities. This collaborative approach ensures shared prosperity. Meanwhile, former stainless steel business owners have leveraged their financial advantages to expand into Daze and Huicheng, further strengthening the corridor’s reach.
Another example is Rixin Stainless Steel Material Factory Co., Ltd. in Huicheng, which produces stainless steel sheets and molybdenum stainless steel materials. The company has also filed PCT international patents. By supplying materials to nearby companies, it helps reduce production costs due to geographical proximity, benefiting the entire ecosystem.
Overall, the "Silver Corridor" continues to thrive, driven by collaboration, innovation, and strategic planning. It stands as a powerful symbol of Xinhui’s growing influence in the stainless steel industry.
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