1954, Guangzhou heavy machinery factory successfully trial-produced the first centrifuge in China, successfully manufactured spare parts for the first satellite in space, and manufactured the world's first titanium diving suit in the 1980s. From 65438 to 0956, Guangzhou Eleventh Rubber Factory began to produce latex products, becoming the first state-owned enterprise to produce condoms. In the mid-1950s, 555, Tiger and Wuyang batteries under Guangzhou Battery Factory began to be exported abroad, becoming the earliest battery products exported in China. In 1970s, Guangzhou Shipyard independently developed "high-speed torpedo speedboat" and "large missile defense ship", and produced the first 10,000-ton ship in Guangzhou in 1974. 1988, Wanbao Refrigerator Industry Company produced 10 1300 1 set, ranking among the top eight refrigerator manufacturers in the world ... Almost every factory has its own core technology, which is "the first in the country".
Since the 1990s, with the adjustment of industrial structure and urban layout, the old state-owned enterprises in Industrial Avenue have been restructured and relocated, and some enterprises that do not adapt to the development of the times have even stopped production and closed down. There are still a few state-owned enterprises operating along the Industrial Avenue, such as Guangzhou Paper Group Co., Ltd., Guangzhou Aosang MSG Food Co., Ltd. (MSG Factory), Guangzhou Guanghua Pharmaceutical Factory and Star Pharmaceutical Factory.
Now New buildings have sprung up. The green community with flowers and birds replaced the big chimney with black smoke. According to incomplete statistics. There are more than 20 buildings, large and small, near Industrial Avenue, which is a famous "livable avenue" in Guangzhou.