The METAMORPHOSIS
of the XGLS (小港李氏)
In the recent years, there has been a good
deal of interest in the Xiao-Gang Li Family (briefly as XGLS 小港李氏). Many references
were made in the various journals and books, relating to the early history and
subsequent “successes” of the members of the XGLS over the five generations,
starting from early 19th century to the present.
In brief, the history of the XGLS began
about 200 years ago with Li Ye-Ting (1808-1868), and his older brother, Li
Bi-An (1795-1880). The
In addition, Li Ye-Ting sent half of the
profit to his older brother, Li Bi-An, who remained at the home village (XG).
With the fund from
When Li Ye-Ding was 60 years old (in 1868),
he retired, giving the control of his “family enterprises” in
With the coming of the steam-boats, the old
fashioned sand-boats were no match, and began to fade away. The family-owned “money
houses” had limited capital, making primarily personal loans to the small
business entities within the
However, the dockyard business (real
estate) continued to prosper. The original dockyard was expanded with the purchase
of more land along the HUANG--Pu River. More
warehouses were built. Even though the sand-boats were declining, the dockyard
and the warehouses continued to serve other boats and steamships. Thus, the
emphasis fell onto the “real estate” business of the XGLS.
When Li Ting-Dao retired in 1894, the old
“Li family enterprises” had faded a good deal, except for the “real estate”. The
XGLS was already divided into two branches, the Qian 乾and the
Kun坤. There were sixteen cousins, nine in the Qian Branch and seven in the Kun Branch. Li Yong-Shong, No.
Li Yong-Shong and
his cousins expanded the “financial” business by creating more “money-houses”.
These newly formed “money houses” were not totally “family owned”. Instead,
they were co-owned with other Chinese “partners” or “investors”. At the same
time, he and his cousins became stock-holders and directors of many of the
early banks in
Under Li Yong-Shong’s direction, a company, named Xin-Ji
(新记公司), was formed to manage the sand-boats and the commodity
trading as well as the dock-yard and the warehouses. The commodity trading
business faded as the sand-boats were “retired”. Next to the original dockyard,
more land was acquired, upon which rows of individual houses were built to
become the residences of Li Yung-Shong and some of his cousins. Some of the
houses served as the office of Xin-Ji Company, as
well as storage facilities. The remaining houses were designated for “rentals”.
This was the beginning of the “residential real estate” of the XGLS.
Originally, the Xin-Ji Company was co-owned by the
two branches of the Li family. As time went on, the cousins of the Kun branch
gradually sold their shares and took the funds to be invested in many other
ventures of the individuals. Eventually, the Qian
branch became the primary owner of Xing-Qi, with Li Yong-Shong
at the helm. In the later years, Li Yong-Shong and
his cousins expanded their real estate holdings to the territories away from
the “old” Chinese city of Shanghai, (南市).
Politically, near the very end of the Qing
Dynasty, there was a brief period of “reform movements” with the emphasis on “modernization”
and “industrialization” of
During their time, Li Yong-Shong and his cousins maintained a very close “family”
relationship, and remained to be a traditional “Chinese family”. They jointly participated
in business dealings. They helped each other whenever a “family misfortune” or
a need arose. They had frequent family gathering. At Qing-Ming festivals, they
all went back to the family village to visit and pay respect to their
ancestors. Although cousins in relationship, they addressed each other as
“brothers”. All these “traditions”
were maintained and passed onto the next generation, the “Zu”
cousins.
By 1931, at the age of 60 years, Li Yong-Shong
went into retirement. There was no “designated” successor. And, so the old “Li
Family Enterprise” quietly came to an end. But, the name and the reputation of
“XGLS” continued on; if anything, even more “famous” than ever, and remained
well known in
Then, came the
invasion of
When the War ended in 1945, Li Yong-Shong was
the oldest living member of the XGLS family. Many of his nephews and his sons
tried to re-start their factories and businesses. For three or four years,
there was a renaissance of the XGLS family. Then, there were the Civil War and
the Liberation of the Mainland. By 1949, many of the XG Li members once again dispersed
and relocated to
Back in the early 20th century,
many of the youngsters of the XGLS (of the Zu
generation) went overseas for study. Upon completion of their studies, they all
returned and joined in the modernization and industrialization of
Similar changes took place within
In the recent years, there has been a
renewed interest among the XGLS family members, now belonging to the “Ming” generation.
It started with the revision of the XGLS Family Book in 1992. Then, there was
the project of building of the “Qian-Kun Pavilion” in
the home
Of more significance, in the recent years,
increasing number of the “Ming” generation members from over-seas, and their
children, (the Wei generation), have returned to visit
The “future” of the XGLS will be in the
hands of the “Wei” generation. Will the “new” XGLS rise again? Only time will
tell.