Guangxi Hongyi New Materials Co., Ltd. has completed and launched its high-end stainless steel deep processing project. The inauguration ceremony for the first phase was held on August 26.
A project of Guangdong Jinhai Huihuang Group, the company’s new plant is located in the Guangdong-Guangxi Cooperation Special Pilot Zone in Wuzhou City. The highly automated and intelligent facility has an annual processing capacity of one million tons, focusing on premium 2B-grade stainless steel.
The project is a significant addition to the region’s industrial landscape. With a potential annual output value exceeding CNY 10 billion, the plant is set to expand the range of stainless steel products available in Wuzhou and help move the local industry up the value chain.