Research On Wuhu Mingyuan Electric Company (1906-1949)

Wuhu mingyuan electric company is the first private power company in anhui province and the largest and longest lasting industry in wuhu's modern history.Wuhu mingyuan electric company was established in 1906,the development and management throughout the history of the Republic of China.Wuhu was opened up as a foreign trade port in 1877.With a good geographical position and a good business base,the city's industry and commerce developed rapidly.In a good industrial and commercial environment,wuhu mingyuan electric company was founded.The operation of wuhu mingyuan company affects the development of industry and commerce in wuhu city and is also subject to the overall development level of industry and commerce in wuhu city.The development course of wuhu mingyuan electric company is full of hardships.The early years were marked by management battles and financial embarrassment.It gradually became normal during the first world war and reached its peak during the nanjing nationalist government.During the Anti-Japanese War,wuhu mingyuan electric company was occupied by the Japanese army and changed to the wuhu business office of huazhong hydropower co.,LTD.,which interrupted the good development momentum.During the war of liberation,due to political,economic and other adverse factors,the recovery and development of wuhu mingyuan electric company was in trouble again.It was not until the liberation of wuhu by the people's liberation army in 1949 that the troubled company was rescued.Wuhu mingyuan electric company was founded by huizhou businessmen.With the emergence of problems in the operation,wuhu mingyuan electric company in the software and hardware are timely upgrades and adjustments.On the one hand,we boldly introduce excellent electric power talents and adopt advanced management methods.On the other hand,a number of rights issues to raise development funds,according to the power market conditions to upgrade power generation,power supply equipment.The adjustment of operation and management methods and contents has played an important role in its survival and income.The difficulties in capital,equipment,technology and management encountered by wuhu mingyuan electric company are also the problems faced by industrial development in the complex historical environment of modern China.Through the excavation of wuhu mingyuan electric company,this paper studies the challenges and solutions faced by Chinese electric power enterprises represented by wuhu mingyuan electric company in modern times,and analyzes its role in the modern urbanization of wuhu.It provides valuable experience for the development of modern electric power industry.