From Governmental Operation To Government-Supervised Business:Chang Chih-Tung?Sheng Xuanhuai And The Hanyeping Corporation

In the late of Qing Dynasty, The Hanyeping Corporation is China's largest modern steel coal joint venture, left in the history of China's modern enterprise with a strong one.Taking Hanyehping course of development of the company's principal business activity is leaded, through research and analysis, trying to reveal the government-operated Hanyang Iron Works and government-supervised business historical role Hanyehping corporation history played in principal, and the reason from Chang Chih-tung's government-operated period to Sheng Xuanhuai's government-supervised and merchant-managed period to start on.This paper examines the is enterprise principal Chang Chih-tung, Sheng Xuanhuai in development of business of Hanyeping company to carry out all kinds of business management activities, resulting in the positive role and limitations, and through the analysis shows that under the situation of deepening of foreign capitalism, and promote the Hanyeping Corporation from government-operated to government-supervised business and merchant run evolution and understanding to Chang Chih-tung, Sheng Xuanhuai two people in modern China enterprise development has made beneficial exploration.Chang Chih-tung as founder of hanyeping Corporation, from rush to introduce foreign advanced equipment, factory location has done a careful consideration, however there are still many problems, such as high cost, poor quality, poor sales and other problems, due to financial, technical and other aspects of the problem, leading to the government-operated Hanyang Iron Works failed. After the Sino-Japanese war, The Qing government ordered the investment of contractors, Chang Chih-tung would be handed over the government-operated Hanyang Iron Works to Sheng Xuanhuai continue to operate.Since then entered of Sheng Xuanhuai's government-supervised and merchant-managed period, Sheng gradually solve the official Hanyang Iron Works when there are problems, Hanyeping company offering fundraising,Pingxiang coal mine development, expansion of Hanyang Iron Works and development of Daye Iron Mine and its affiliated enterprises, gradually formed the later commercial hanyeping Corporation. The Hanyeping Corporation in the development process,Chang Chih-tung?Sheng Xuanhuai for the development of Hanyeping corporation made a series of efforts, produced a great positive effect, but there are also limitations. In this paper, last analyzed in detail the changes from Chang Chih-tung's government-operated period to Sheng Xuanhuai's government-supervised business period, and provide reference for the construction of the modern enterprise system.