Guangxi Hongyi New Materials completes inaugural phase of advanced stainless steel facility in Wuzhou City on August 26, 2025. The highly automated plant features one million metric tons annual processing capacity focused on premium 2B-grade stainless steel products. Located in Guangdong-Guangxi Cooperation Special Pilot Zone, the facility represents Guangdong Jinhai Huihuang Group investment. Projected annual output value exceeds $1.4 billion USD, significantly expanding regional manufacturing capabilities. The project advances local industry value chain positioning while contributing to cross-provincial economic development initiatives.