April 14, 1908, Sheng Xuanhuai reported to the court to have the Han-Ye-Ping company established. Han-Ye-Ping is the earliest official still works, so was it the largest one in Asia at that time. It is related to very rich natural resources and thus was often coveted by the Great Powers. Therefore, its interests became the target that different forces to compete for. For details you may refer to our research finding: Hsieh Kuo-hsing: "Disputes on the Ownerships of Hanyehping Coal and Iron Company, 1912-1915".
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