September 19, 1894 (Sino-Japanese, August 20), the the Westernization founder of Shanghai Huasheng Textile Factory started. September

1894, 19, started the Shanghai Huasheng textile plant. Beginning in the 1870s, Westernization addition to the military industry to continue to do in the name of "self-reliance", still "seeking the rich" under the name of the founder of a civilian enterprise operating steamship, telegraph, mining, smelting and textile industry sector. Peng Yu Cong, Hou complement Road 1878 initiative to set up the Shanghai Machine Weaving Bureau. After several changes in 1879, Li Hongzhang sent Zheng outlook for General Office, and played the 10-year prospective patent. After reassignment Gong Shou take over. Put into production in 1890, the business flourished. In 1893 a fire destroyed. 1894 sent by Li Hongzhang the Sheng Xuanhuai the restoration, renovation Huasheng Textile Factory, set up under the branch. Is a form of Government Commerce. The founding aim is to see the calico sell well in China, profitable, can "pin points of foreign traders Lee.