1956年新以泰畀公私合營，大躍進時期（1958年）新以泰喺北京路太平館對面開咗分舖，做咗四十年後，由於鋪址嘅僑房陸續收回而執笠。
In 1956, the new Yitai was a public-private partnership, and during the Great Leap Forward (1958), the new Yitai opened a branch shop opposite the Taiping Hall on Beijing Road, and after 40 years, it went bankrupt due to the resumption of the overseas Chinese houses on the shop site.