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Guangdong Hangxiao Steel Structure Phase 2, which is at piling stage in the Gaolan Port Economic Zone, is to be completed next August and generate additional output value of 800 million yuan ($119 million) annually upon operation.
Founded in 2004 and covering 23.3 hectares in Pingsha Town of Jinwan District, the firm is a subsidiary of Zhejiang-based Hangxiao Steel Structure Co Ltd -- the first listed company of its kind in China. It specializes in the design, manufacture, and installation of steel buildings.
The first-phase project encompasses 60,000-sq-m workshops and 6,000-sq-m outdoor storage yards.
Positioned to dominate the South China market, the enterprise has worked out a two-year strategic plan to spend 150 million yuan ($22.3 million) constructing an R&D building complex and second-phase facility. Business volume has so far doubled that of the same period last year.
Manufacturing base [Photo by Zhang Zhou / Zhuhai Daily]
Upon operation, the enterprise will increase its annual capacity of structural steel from the current 80,000 to 130,000 tons with 60 single-steel structural members, providing for 1.2 million sq m of steel structure buildings, according to a project leader.
Tan Bo, general manager of Guangdong Hangxiao Steel Structure, said he is looking out for the future of Zhuhai and strategic construction of the Guangdong-Hong Kong-Macao Greater Bay Area.
He revealed that more investment is yet to come in ensuing years with the aim to make contributions toward the industrialization of green construction and residential industrialization for Zhuhai and even South China.
