A few days ago, the journalist was told that Sanpower Group Co., Ltd. (“Sanpower Group” for short), a private enterprise in Jiangsu, registered an “E-business brand”, namely "Online New Street.com"; which moved Xinjiekou, called as the “first business district in China”, onto the internet to create a business synthesis valuing a hundred billions Yuan. 
　　It is reported that there are a dozens of large supermarkets, for instance Nanjing Xinbai, Central Emporium, Golden Eagle International Shopping Centre, Deji Shopping Mall and others in Xinjiekou, Nanjing and over 3,000 suppliers, with the sales volume of various merchandises over RMB100.0 billion every year. Nanjing Xinjiekou is a huge business synthesis. 
　　It is disclosed by the insider, Yan Yafei, the president of Sanpower Group resigned from Yuhuatai District Government, Nanjing City and ventured to become a businessman in 1993 with the capital of RMB20,000, and established Sanpower Group Co., Ltd. in 1995. Currently, Sanpower Group has two holding listed companies, i.e.: Jiangsu Hongtu High Technology Co., Ltd. (Hiteker) and Nanjing Xinjiekou Department Store Co., Ltd.
　　Upon the introduction, the journalist got in touch with Yuan Yafei. Yuan told the journalist Sanpower was bold to innovate business mode and pioneered to create the scale, standardized, chain and direct-sales IT sales mode to challenge the traditional operation mode of the “Computer City”.

　　The journalist was told Yuan Yafei was not only deeply in love with the e-business mode of the IT retail enterprise, but also the e-business of general merchandises. After acquiring Xinbai, Yuan Yafei made a 5-year development plan for Xinbai. “I’d like to put the IT chain of Hisap and Xinbai chain together to create a business synthesis, and then expand all over the country”, said by Yan Yafei. It is estimated that 50 extra Xinbai stores shall be opened all over the country and an annual sales income of RMB70.0~80.0 billion shall be achieved in future 5 years.
　　Yan Yafei told the journalist Sanpower had already the e-business brand, namely “Online New Street.com”, expect its offline Xinbai complex.
　　"The annual sales volume of general merchandises at Xinjiekou is RMB100.0 billion every year; these general merchandises suppliers shall be deducted by 30%~50% when supplying goods to supermarket in the offline mode; however based on the e-business platform, over 3,000 offline suppliers shall be attracted to join the online business platform, but only 5%~10% shall be deducted. Meanwhile Sanpower Group shall build the general merchandise cloud technology platform with the government to offer every supplier a platform; it is confident that a new ‘online new street’ valuing hundred billion Yuan shall be created in future 5 years", said by Yuan Yafei.
　　Yan Yafei told the journalist solemnly that “Sanpower had always had the idea to create ‘Xinbai Dongfang’ and ‘Online New Street’ for over years, but not from a whim. Additionally, under the support of the national '12th 5-year plan' to the modern service industry, we aim to become one of the world Top 500 enterprises”.