Sheng Xuanhuai, an official in the late Qing Dynasty, was born as a scholar, a representative of officials, businessmen, comprador and westernization school, a famous politician, entrepreneur and philanthropist, and was known as "the father of China industry" and "the father of China businessmen". Sheng Xuanhuai created 1 1 "China first": the first private joint-stock enterprise, China Merchants Ship; First Telegraph Bureau of China General Telegraph Bureau; The first small inland river shipping company; The first bank, China Commercial Bank; The first railway trunk line, Jing-Han Railway; Hanyeping Company, the first steel joint venture; Nanyang College of the First Normal University (Jiaotong University); First exploration company; The first public library; Beiyang University Hall (Tianjin University), the first modern university; China Red Cross Society was founded.