Wuhu Nanjing Xinbai Building Co., Ltd. was established in 1993. It is jointly invested and built by nanjing xinjiekou Department Store Co., Ltd., Nanjing Changning Asset Management Co., Ltd., Nanjing Commercial Network Development and Operation Service Company and Hong Kong Huangshan Co., Ltd. It is a large-scale comprehensive building integrating hotels, entertainment and shopping malls. Wuhu Nanjing Xinbai Mansion is located in the bustling business district of Zhongshan Road, Wuhu City, Anhui Province, standing at the intersection of the Yangtze River and Qingyi River, overlooking the beautiful scenery of Wuhu-Jinghu Lake, Zheshan Mountain and Jiuzi Square, with an unparalleled geographical position. The company's main building has 33 floors, with a height of 1 17m, a skirt building with 8 floors and 2 floors underground, with a total investment of about 600 million RMB, which is one of the successful projects of Nanjing Xinbai with large investment scale and operation in different places. In the past seventeen years, with the care and support of Wuhu Municipal Party Committee, Municipal Government, Municipal Bureau of Commerce and other relevant departments, Xinbai Building has witnessed and led the transformation and development of Jiangcheng's commerce with innovative business philosophy and operation mechanism, which has played a positive role in improving Wuhu's business environment, promoting modern business culture, prospering the market and promoting the development of the tertiary industry. After continuous management practice and exploration, Wuhu Xinbai has embarked on a successful road of combining standardized management system with advanced management mechanism, and its business indicators rank among the top in Anhui Province every year. In 2008, Wuhu Xinbai became the first retail department store in Wuhu with annual sales exceeding 600 million yuan. Even in the special period of five months' suspension of business in 2009, it still achieved an impressive annual sales of 580 million yuan. 20 1 1, Wuhu xinbai achieved another sales success of 835 million yuan, and the cumulative sales in 17 exceeded 6.5 billion yuan.