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Jiangxi Pingxiang Coal Mine, also known as Anyuan Coal Mine. In 1890, Zhangzhidong began to speed up the first large-scale iron and steel enterprises in China and even Asia, the iron ore mining enterprises Hanyang Iron Works and Daye Iron Mine, in order to obtain coal coke, it began to operate Pingxiang coal resources in 1892. In 1896, Sheng Xuanhuai took over the Hanyang Iron Works and Daye Iron Mine, and officially established the Pingxiang Coal Mine in 1898, and all the equipment and engineers were imported from abroad. In 1908, Pingxiang Coal Mine was fully completed, ranking among the top three of China's "Top Ten Factories and Mines" at that time, and won the reputation of "Kaiping in the north and Pingxiang in the south", with fountains and street lamps reflecting each other, known as "Little Nanjing". Pingxiang Coal Mine not only "breathes and shares a common destiny" with the leading steel industry of modern China's heavy industry, but also has always "bathed" in the "baptism" of modern China's political and social movements and various wars. Many historical figures who have had a major impact on modern Chinese history have had a direct relationship with it: Zhang Zhidong, Sheng Xuanhuai, Sun Yat-sen, Zhang Taiyan, Zhang Sai, Li Yuanhong, Tan Tinglu, Li Liejun, Huang Xing, Yuan Shikai, Ye Ting, Chiang Kai-shek, Mao Zedong, Liu Shaoqi, Li Lisan, Zhu De, Peng Dehuai, Xue Yue, and so on; The indirects are even more numerous. More importantly, Pingxiang Coal Mine is the only large-scale coal mine with pure national capital without foreign capital participation in modern China, and from the perspective of sustainable industrial development and national sustainable development, it is one of the most typical and rare enterprises in the process of modernization in modern China. Sheng Xuanhuai "seeks big and complete", and the Pingxiang coal mine has experienced a serious overcapacity since its completion. It always lacks the characteristics of a "sales-oriented" enterprise, which determines the vicious circle of lifelong debt operation of Pingxiang Coal Mine in terms of business strategy. The imperfection or even lack of the downstream heavy industry chain led by the Hanyang Iron Plant determines the scarcity of the Pingxiang coal mineral product market. Of course, the political views of those in power, the political turmoil, the extreme social instability and the Japanese aggression dealt a fatal blow to Pingmine.
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