This paper presents a hybrid waveguide based on metal surface plasmon polaritons (SPPs) at 1550 nm comprising two silver (Ag) nanowires and a rectangular silicon (Si) waveguide. Due to the strong coupling effect observed in both the metal SPP mode and Si waveguide mode, excellent waveguide characteristics, such as a small effective modal area and long transmission length, could be achieved. The research results revealed that the proposed hybrid waveguide could achieve an ultra-long transmission distance of 270 µm and normalized effective mode area of 0.01. Furthermore, the cross-sectional size of the waveguide was 500 nm × 500 nm, which helped in achieving a subwavelength size. In addition, the hybrid waveguide was resistant to manufacturing errors. These excellent performances indicate that the proposed waveguide has great application potential in optoelectronic integrated circuits.