The history of the Ziyuangang leather goods business district in Sanyuanli can be traced back to 1987. Taking advantage of its geographical location near Guangzhou Railway Station and convenient logistics, the Ziyuangang leather goods market spontaneously formed and gradually developed into a large-scale comprehensive leather goods industry cluster with an annual turnover of over 10 billion yuan during the tide of reform and opening up, forming an industry pattern of "the world looks to China for leather goods, China looks to Guangzhou for leather goods, and Guangzhou looks to Sanyuanli for leather goods".
However, with the changing economic and social development landscape, traditional leather goods wholesale markets are facing pressure to transform and upgrade. Several existing leather goods markets in the Ziyuangang area, such as Senjia, Senmao, Yisen, and Metropolitan, suffer from outdated environments and a lack of diverse business models, urgently requiring renovation.