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20世纪前半期,上海南京路上最著名的百货公司有四家,它们是永安、先施、新新和大新。这四大公司都与海外华侨、香港同胞的投资分不开。其中,新新公司成立于1925年,最初的总经理是刘锡基,3年后由于公司内部矛盾,刘氏去职。由当年的创办人之一、旅居澳大利亚的华侨商人李敏周继任,从此使新新公司走上日渐兴旺的道路。
In the first half of the 20th century, there were four of the most famous department stores on Nanjing Road in Shanghai. They were Yongan, Xianshi, Xinxin and Daxin. These four major companies are inseparable from the investment of overseas Chinese and Hong Kong compatriots. Among them, the new company was established in 1925, the initial general manager was Liu Xiji, 3 years later due to internal conflicts within the company, Liu resigned. One of the founders of the year, overseas businessman Li Min Zhou, who lived in Australia, took over from the office. This has enabled the new company to embark on an increasingly prosperous path.