Bank culture
Room 101 Dadetong bank
Dadetong was established by a person with family name of Qiao in the village of Qiaojiabao in Qixian. The former was Dadexing tea shop. It managed exchange as a minor business in Xianfeng years and wholly engaged in it in Tongzhi years. In April 1884 it changed name into Dadetong with headquarter at the west street of Qixian. It set up 33 branches in some big cities including Beijing, Tianjin and Suzhou etc.After the Gengzi Affair, Cixi escaped into Xi’an and in her way to Qixian, her palace was Dadetong.
After the Xinhai revolutionary, business in Dadetong reduced greatly for it couldn’t adapt to the change of situation.
Afterwards, the government froze silver and reformed currency system, which resulted in the exchange business taken by official bank. Therefore, money exchange shops were quite difficult to find deposit and Dadetong was reorganized into silver shop and later private bank. Theprivate bank managed its depressed business till 1949.
Room 102 Qianshengheng bank
The site of Qianshengheng was in the west street in the city of Pingyao. Qianshengheng was reorganized by a person with family name of Ji from the Qianshengheng Cloth Shop during 1862 to 1864. The owner of it was Ji Yihe and manager was Wu Kaiwai from Pingyao.
The headquarter was set up in Pingyao and its branches reached 26 in its prosperous stage. During the years of end of Tongzhi and beginning of Guangxu, the commercial capital of Ji developed to its highest stage of power and splendor during the environment of worldwide business of money exchange shops.
After Ji Yihe’s death in 1900, Qianshengheng had got recessionary management till out of business in 1904.
Room 103 Weichanghou bank
Weichanghou bank was set up in 1864 with the former of a cloth shop. Its initiators were Mao Lvtai, Mr. Qiao from Pingyao, Hou Chongji from Jiexiu, Mr. Chang from Hunyuan and Mr. Wang from Datong. The initial capital was 250,000 taels of silver.
The influential managers included Fan Jishan and Fan Guangjin from Pingyao.
It set up branches one after another in Beijing, Tianjin, Hekou, Xi’an, Sanyuan, Shanghai, Suzhou, Zhenjiang, Yangzhou, Nanchang, Hankou, Shashi, Changde, Chengdu, Chongqing, Changsha, Fuzhou, Xiamen and Guangzhou. The melon cutting period was 4 years and every share would get 7 or 8 thousand melon cutting each share.
After 56 years’ management, Weichanghou came out of business in 1920.
Weichanghou had got abundant capital, proper management and high reputation so that it was one of most important money exchange shops in the cities of Shanghai, Beijing, Tianjin and Hankou.
Room 105 Xiehexin bank
Xiehexin was set up in 1853 in Qing Dynasty and the owner was Wangdong in Yuci. The headquarter was set up in Pingyao.The initial capital was 10,000 taels of silver and it expanded to 80,000 taels of silver afterwards.The influential manager was Li Qingfang from Pingyao.In 1901 it changed name into Xietongxin and after 48 years’ management it went out of business in 1904. The melon cutting period was 4 years.
It was the money exchange shop which had the only owner of Mr. Wang.The family of Wang had been the richest in Yuci and it set up over 200 exchange shops all over the country.Xiehexin mainly went business in deposit, loan and remittance for business shops. In the silver age of commerce, it had got promising profit.
Room 106 Qianjisheng bank
The Qianjisheng Bank was established in the first year of Tongzhi (1862) to the third year of Tongzhi (1864). It was jointly operated by Li Daquan from Dabo Village, Pingyao County, Gao from Shanxi, and Lei from Anhui. The manager is Li Xugeng who was a local person in Pingyao. It went out of business in 1884. It has been in business for more than 20 years and has a capital of 100,000 taels of silver. The main office is located in Pingyao City, and there are 11 branch offices in Beijing, Shanghai, and Hankou. Although the Qianjisheng bank has not been in operation for a long time, its capital is known as well-off, and it has close contacts with officials. In addition to undertaking remittances for Beijing salaries and salt taxes, it also operates deposits for officials.
Room 108 Rixinzhong bank
Rixinzhong Bank was founded from the 18th year of Daoguang (1838) to the 22nd year of Daoguang (1842). It was funded by Rishengchang Bank and opened in Pingyao County. It closed down in 1861 (the eleventh year of Xianfeng), which lasted about 20 years. After opening, there are branches in Beijing, Zhangjiakou, Guihua, Sanyuan, Jinan, Zhoucun, Yingkou, Zhoukou, Nanjing, Suzhou, Zhenjiang, Wuhu, Tunxi, Hankou and other places. Although the Rixin Bank has not been in operation for a long time, its deposit and remittance business volume is relatively large during the running period. Its activities focus on various commercial towns in northern China, especially the semi-colon located in Beijing.
Room 109 Qidechang bank
The Qidechang Bank was reorganized and established by Deji textile shop of Ji's family from the early years of Tongzhi (1862) to 1864. The financial owner is Ji Yizheng from Xinwu Village in Jiexiu North, the head office is located in Pingyao City, and the manager is Song Juyuan from Liangzhao Village in Pingyao. After about 50 years, it closed down in 1912 (the first year of the Republic of China). It has successively set up semicolons in Xi'an, Sanyuan, Suzhou, Zhenjiang, Hankou and other places. The Ji family is one of the "Four Great Merchants" in Jiexiu, and Deji textile shop is one of the business names owned by the youngest son of the Ji family. In the 17th century. Ji Guoding was a scholar, it is said that for the convenience of the examination, he reorganized the cloth shop into a ticket office, but he still operated the cloth shop concurrently, so the stock shop industry developed slowly and there were not many semicolons.
Room 112 Yunfengtai bank
The Yunfengtai Bank was set up in the third year of Tongzhi (1864), it was jointly established by Yang Yuke, the general soldier of Yunnan, and Fan Jin, a businessman from Pingyao, Shanxi. The manager is Bai Gengli from Pingyao, who went out of business in the seventh year of Guangxu (1881), after 17 years. It has set up 11 branch offices in Beijing, Tianjin, Jinan and other places. In the early years of Guangxu, Yunfengtai was still the best among banknotes. According to the "Declaration" on May 25, 1879, it was found that Shanxi province was extremely rich, which was beyond the reach of other provinces. There are many banks, and there are 23 of them in Shanghai,all of which are rich in capital and are making a living. These Shanxi bank accounts in Shanghai include Yunfengtai bank accounts.
Room 115 Songsheng bank
Songsheng Bank was organised around the first year of Guangxu (1875), and was invested and opened in Pingyao by Liangdao Yingpu from Suzhou of Jiangsu province . The manager is Cheng Chengxu who was resident of Pingyao. It closed down around the sixth year of Guangxu (1880), and opened branches in Beijing, Tianjin, Shanghai, Hankou, Xi'an, Sanyuan, Changsha, Changde, Chengdu, Chongqing, Guangzhou, Guilin and other regions.
The Bank has not been in managing for a long time, but because it was invested and opened by officials of the Qing government, with officials as the background, and powerful in commercial competition, it started and developed rapidly, occupying a certain position in important cities such as Beijing and Shanghai.
Room 116 Xianghe Zhen bank
Xianghe Zhen Bank was founded around the 12th year of Tongzhi (1873) and closed in the 7th year of Guangxu (1881). After about 8 years, the headqurters was set up in Pingyao City, and branch offices were opened in Hankou and other regions. There are no historical records of the owner, manager, and opening capital. It is rumored that it is related to the owner of Yunfengtai Bank. Whether it is also a joint venture between Qing government officials and Pingyao businessmen has not been verified by historical data. However, according to the "Shanghai General Annals Unpublished Manuscript", in the first year of Guangxu (1875), 14 ticket offices were combined in Shanghai to form Shanxi Huiye Office, and Xianghezhen Bank was one of the first members.
Room 118 Yisheng Changchang bank
Yishengchang Bank was founded around the 12th year of Tongzhi (1873) and closed in the 12th year of Guangxu (1886). It has been in operation for about 13 years. The head office is located on West Street in Pingyao City, and there are sub-colons in Hankou, Taigu and other places. This ticket number is small in scale and has few businesses, so it is not well-known. Later, after several repairs, the scale of the courtyard gradually expanded, and it has now been turned into a Deshengyuan folk hotel.
Room 121 Huiyuan Yongpiaohao bank
Huiyuanyong bank is a bank operated in Pingyao County solely by Qu Yuanchao, a native of Qixian County. Founded in the seventh year of Guangxu (1881), the manager is Duan Qixiang from Nanqi Village, Wenshui County. The capital was 140,000 taels of silver, and it went out of business in 1885 (the eleventh year of Guangxu) after four years. The old site of the head office is located at No. 15, Chengdong Street, Pingyao County, and has branch offices in Beijing, Tianjin, Shanghai, Hankou, Xi'an, Sanyuan, Changsha, Changde, Chengdu and other places.
Room 201 Yongtaiqing bank
The former site of Yongtaiqing Bank is located in east street, Pingyao County. Yongtai Qing Bank was jointly established in the eighteenth year of Guangxu (1892) by Mao Lvtai from Xingcun, Pingyao and Qiao from Changjiabao, Qixian County, with an initial capital of 60,000 taels of silver. The manager is Duan Qixiang from Nanqi Village, Wenshui County. The head office is set up in Pingyao City, and the branch offices are set up in Taikoo, Qixian, Jiexiu, Beijing, Tianjin, Xi'an, Sanyuan, Jinan, Daokou, Zhoukou, Hankou, Shashi, Changsha, Chengdu, Chongqing, Shenyang, Shanghai and other places. The bank went out of business in the 26th year of Guangxu (1900). After 9 years, it has not earned money.
Room 202 Yongtai Yu bank
Yongtai Yu Bank was founded by Mao Lvtai from Pingyao in the 27th year of Guangxu (1901), and was organized after the failure of Yongtai Qing Bank. The capital is 100,000 taels of silver, and the manager is Duan Qixiang from Wenshui Nanqi. It went out of business around 1905 shortly after it was formed, so no dividends were paid.
Room 203 Baofenglong bank
The founding office was established in the 32nd year of Guangxu (1906). Qiao Shijie, the rich man, was from Jiexiu Hongshan, and the head office was located in Pingyao City. The capital is 130,000 taels of silver, 13 silver shares, and more than 20 manpower shares. It closed down in 1921 (the 10th year of the Republic of China). After 15 years, it has successively opened 22 branches in various parts of the country. Baofenglong bank has done some useful things for the development of modern national industry and commerce. The number of deposits collected was the first among the 11 bank companies that undertook it. It was a bank with prosperous business and relatively active in the business circle at that time.
Room 205 Yongtai Yu bank
Heshengyuan was originally a tea house, and it was changed to a ticket number in the seventh year of Daoguang (1827 A.D.). Mr. Guo invested 200,000 taels. In the seventeenth year of Daoguang in the Qing Dynasty (1837), Guo Fengyuan of Rongrenbao and Zhang Tingjiang in the city established a joint venture and reorganized Heshengyuan Bank on the basis of a tea house. The head office was located in Qixian County, and the first general manager was Jijia Kiln canal Shouchang. There are 14 branch offices in China, Tokyo, Kobe, Osaka in Japan, and Incheon in Korea, which are engaged in international remittance and loan business. It closed in 1914 and has been in business for 77 years.
Room 206 Zhichengxin bank
Founded in the 18th year of Kangxi (1679), it was established by Taigu Rong Chengwang, the rich man, and Kong Xianren, the shopkeeper. The general name is Taigu, with a capital of 260,000 taels. It was originally a grocery store that "mainly sells Suguang silk sundries", and later opened Yanghexuan drugstore, Huitongyuan money shop, etc. In the 15th year of Daoguang, he saw that the operation of the bank account was profitable and the risk was small, so he changed it to a bank account, and soon became a big name that competed with Rishengchang. There are 25 semi-colons in major and medium-sized cities across the country. It mainly adopts group management, with numbers within numbers, sets of numbers within numbers, connected numbers, and a network of connected numbers. It went out of business in 1914.
Room 208 Zhongxinhe bank
Founded in the early years of Daoguang, the financial owner is the surname of Dai in Qixian County, with an investment of 160,000 taels. Although Shanxi Bank suffered losses during the Gengzi Rebellion in the twenty-sixth year of Guangxu (1900), it has not lost its vitality. Shanghai is a place of business gathering, with tens of millions of dollars in and out in a day, and the business of ticket offices is very prosperous. With the development of the Shanxi ticket office business, there were three Shanxi Pingyao, Qixian, and Taikoo gangs within the Shanxi ticket office, of which the Pingyao gang was the earliest. With the development of business, semicolons were set up for each account, and the scope of activities was gradually broken.
Room 209 Cunyigong bank
Founded in the early years of Daoguang, it was mainly engaged in cloth shop, and was later established by a joint venture of 200,000 yuan by Qu Baoyan, Qu Yuanzhen, and Zhang Zusheng in Qixian County. It is one of the important bank offices opened by Shanxi businessmen. Since the Tongzhi year, the bank has entered a new period of development, and reached its peak in the Guangxu period. Pingyao, Qixian, and Taigu three gangs, the business activity areas are generally in a state of separation and integration. With the development of business, the adoption of diversified investment strategy has reduced the operating risk, and the joint operation has expanded the scale of operation. In the competition of the same industry, it has made a lot of profits by virtue of its strong capital.
Room 210 Yuanfeng Jiu Bank
Founded in the early years of Guangxu, the surname Sun of Qi County invested 140,000 taels of silver, and was managed by the shopkeeper Wang Fengjin. When the bank account industry organization was founded, the owner and the manager were famous, invited 3-5 witnesses, and wrote a contract, stating the amount of investment in taels, with the amount of taels being one share. point. The manager has a certain number of human shares, and the rest of the top shares are not listed in the contract. There is also a ten thousand gold account, the amount of the account is determined by the manager depending on the achievements of the talents. If the number of talent shares exceeds the total number of capital shares, it shall be counted for rewarding talents. It is also licensed by the owner. The boss usually doesn't ask questions, and the power is given to the general manager to be dictatorial.
Room 211 Changshengchuan Bank
Founded in the early years of Guangxu, it was founded by Qu Yuanzhen, who is known as the "Wang Caidong" in Qixian County, with an investment of 200,000 taels. The Qu Yuanzhen period was the golden age of the Qu family. In Daoguang. During the Xianfeng period (1840-1861 AD), the three brothers of the Qu family opened three Banks, "Baichuantong", "Sanjinyuan", and "Changshengchuan", as well as a tea house, a salt shop, a silk shop, and a medicine store. , money shops, pawnshops and many other businesses, the branches of Qu’s business are all over the country’s large and medium-sized cities, even abroad.
Room 212 Sanjinyuan Bank
Founded in the early years of Tongzhi (AD 1862), the general name is located in Qixian County, with an investment of 300,000 taels. The rich man Qu Yuanzhen, known as the "rich man", has a well-established management system and is the best at managing money in the Qu family. In the early years of Daoguang, Qu Yuanzhen invested 300,000 taels to open the Sanjinyuan bank. At the beginning of Tongzhi, it reached its peak, and its semicolons spread all over the country. There are 11 branches in Beijing, Tianjin, Shanghai and other places. At its peak, the total turnover reached six to seven million taels, and the dividend per share was more than 6,000 taels. After the Revolution of 1911, the bank closed down one after another, but this account coexisted with Dadeheng and Dadetong, and continued to operate until 1934.
Room 215 Jinsheng Run Bank
Founded in the early years of Guangxu, the financial owner was surnamed Cao, with an investment of 200,000 taels, and the general name was Taigu. Shanxi merchants entered their heyday in the Qing Dynasty, and their commercial network spread all over the country, inside and outside the Great Wall, and extended to the entire North Asia region. Most of the business names of the Cao family in Taigu are prefixed with the word "Jin", such as JinshengRun bank, etc. The "Jin" bag group of the Cao family includes many businesses, various operations, and multiple branch names. The Cao family's business network has been formed.
Room 216 Shiyixin Bank
Founded in the early years of Guangxu, the general name is Taigu County, with an investment of 300,000 taels by the surname Yang. There were 9 Taigu banks in Qing Dynasty, namely Zhichengxin, Xiezhiqian, Huitongyuan, Shiyixin, Jinshengrun, Henglongguang, Xuchengde, Dadeyu and Dadechuan. Although Shanxi Bank suffered losses during the Gengzi Rebellion in the twenty-sixth year of Guangxu (1900), it has not lost its vitality. Shanghai is a place of business gathering, with daily transactions worth tens of millions of dollars. The business of bank accounts was very prosperous, and Shiyixin was one of the dozens of important bank accounts established by Shanxi Bank at that time.

