On February 6, 1956, Nanning Department Store Building, the predecessor of Nanning Department Store Building Co., Ltd. had 92 employees, an operating area of 1,900 square meters and an annual turnover of 4.8 million yuan.
In 1985, along with the pace of national reform and opening up, the company ushered in a new historical development opportunities, the enterprise implemented the first round of general contracting, the implementation of the general manager as the core of the leadership system.
In 1988, it took the lead in Nanning City commercial system by open bidding and implemented the contracting responsibility system, and it was the first one in the same industry in Guangxi whose retail sales exceeded the one hundred million yuan mark and whose profits and taxes exceeded ten million yuan.
On February 18, 1993, Nanning Department Store Co., Ltd. was established, marking a new page in the development history of Nanning Department Store.
In 1994, Nanning Department Store Co., Ltd. was ranked among the 100 largest retail enterprises in China.
In March 1996, the North Building (new building) of Nanning Department Store was completed and opened. The new building is ten floors high (including two underground floors), with a total floor area of about 80,000 square meters of shopping, dining and entertainment in one, which at that time was the largest trade city in the center of Nanning City.
June 26, 1996, "Nanning Department Store" shares (code 600712) listed on the Shanghai Stock Exchange, Guangxi's first listed company in the industry.
In September 2000, Nanning Department Store completed the technical reform project of computer network engineering and realized the automated operation of cashier, settlement and contract management, ending the history of manual collection.
In June 2004, Nanning Department Store website was opened, opening the window to the world, laying a solid foundation for the realization of e-commerce.
On September 29, 2005, Nanning Department Store - Wuxiang Shopping Center opened. This is the first large-scale shopping paradise in Guangxi that really integrates shopping, leisure, catering, entertainment, tourism and ecology. In the same year, Nanning Department Store was honored as one of the top 100 key shopping malls in China in 2005 and one of the top 50 enterprises in Guangxi in 2005.
In 2006, Nanning Department Store was awarded the title of "Old Chinese Brand" by the Ministry of Commerce.
In 2007, Nanbai spent a huge amount of money to reconstruct the elevator in the north building and redecorated the atrium in the north building, which greatly improved the shopping environment. In the same year, Nanbai Home Appliances City performed outstandingly, with sales exceeding 500 million yuan.
On January 28, 2008, the second version of Nanbai website was officially launched. The new version of the website has a fashionable and novel form, strengthens the new means of network service, strengthens the editing of the content of Nanbai website, and lays a solid foundation for the realization of e-commerce function.
On January 28, 2008, the first directly-managed store of Nanning Department Store--Nanning Department Store-Guigang Zhonghuan Commercial Plaza was grandly opened, which is located in the new commercial district of Guigang, adjacent to the Municipal Plaza, with an operating area of more than 15,000 square meters.