Shanghai Sanbei Steamship Dutch Company sued Yu Qiaqing's grandson.

Yu Qiaqing can make full use of ABN Amro's comprador position, borrow more money from the banking industry and develop the Three North Shipping Company. At first, I bought three ships, namely Bates, Yao Bei and Zhenbei, which sailed from Shanghai to Ningbo and shenjiamen. ...

Yu Qiaqing (1867- 1945) was born in a poor tailor's family in Fulongshan, Cixi Town, Zhenhai County, Zhejiang Province. His 7-year-old father died, and he lived alone with his mother Fang and his 3-year-old brother. Born in a poor family, he lost the opportunity to study. Seeing that Yu Qiaqing was smart and gentle, Yu Shimin, a teacher from the same clan in the village, thought that the child would succeed in the future, so he took him as a disciple for free and taught him calligraphy, which laid the foundation for Yu Qiaqing's later success in Shanghai. After Yu Qiaqing made his fortune, he thanked Mr. Yu Shimin for his kindness, made him a guest of honor, and let him spend his old age peacefully.

188 1 year, 15-year-old Yu Qiaqing left his hometown with the help of Zu Shuyu Qingyao and went to Shanghai by boat to study business (as an apprentice). On the day he went to report for duty, he was halfway there when it suddenly rained heavily. Yu Qiaqing immediately took off his mother's new cloth shoes and walked barefoot into Kangrui Dyehouse, holding two shoes in his hand. Boss Xi, the owner, smiled when he saw it. He took Yu Qiaqing's hand in both hands and repeatedly said, "Good! Good! " Strange to say, boss Xi had a dream last night, in which the God of Wealth entered the house with two ingots in his hand. I saw the appearance of Yu Qiaqing today, which coincides with my dream. I was so happy that my boss laughed. The story of Yu Qiaqing's "Barefoot God of Wealth" is widely circulated as a much-told story.

Xi, the owner of Kangrui Pigment Store, saw that Yu Qiaqing was flexible and smart after many observations and assessments, and decided to reuse him and let him go out for a long time to "run a broker" (contact business). Once, Yu Qiaqing came to a foreign company and saw a batch of rusty pigment boxes ready for sale at a low price. He examined the box carefully and found that the iron box rusted when it touched water in the sea, and the paint quality was not affected. After he reported to his boss Xi, all of them were "eaten" at low prices, which made Kangrui paint shop make a fortune. As an apprentice, Yu Qiaqing received 65,438+02 RMB as usual at the end of the year, but Mr. Ke Xi added 40 yuan and promoted him to Mr. Running Agent.

Yu Qiaqing often travels abroad and meets foreigners. Although he learned a few words of pidgin English in his work and life, he can't read English, let alone write English. He spent his evenings studying English at the night school set up by the British in the YMCA, where he made many foreign friends. Through hard work, Yu Qiaqing can speak fluent English with a London accent, read and write English, and learn German, Russian and French. Yu Qiaqing is a genius in learning foreign languages. Yu Qiaqing has worked in Kangrui Pigment Store for 12 years, doing his best for Kangrui Store, making the pigment store stand firm in the fierce competition. Business in the store has made progress. In order to win over Yu Qiaqing, the boss Xi gave him shares to become a shareholder. Thanks to the boss's cultivation, Yu Qiaqing invested 200 taels of silver and became a shareholder of Kangrui Store.

1895, the Qing government was defeated in the Sino-Japanese Sino-Japanese Sino-Japanese War of 1894-1895, and the treaty of shimonoseki was signed, and the treasure island of Taiwan Province Province was occupied by Japan. In Shanghai at that time, the arrogance of foreigners was very arrogant, and they crossed the border to expand the concession. The Qing government bowed its knees to foreigners and compromised with the people. If Yu Qiaqing wants to get ahead and do great things, he still needs the help of foreigners. He jumped out of "Kangrui" and asked someone to recommend him to be a "building runner" (deputy comprador) at the German businessman Lulin Foreign Firm. Yu Qiaqing's excellent work in Shanghai Beach has won the appreciation of the presidents of foreign companies. Soon, he was promoted to comprador. Apart from his high salary, the main income of China comprador was to collect commissions for foreign firms to buy and sell goods. Commission is the reward for foreign companies to comprador China people. Yu Qiaqing worked as a comprador in German businessman Lulin Foreign Firm for nine years, accumulated a lot of wealth, and began to invest in Zhabei real estate. Yu Qiaqing remembered Eminem's words: "You should rely on your parents at home and your friends when you go out". In his hometown of Ningbo, he is ready to help others and help them solve their problems. Shopkeepers in Ningbo, in particular, are often cheated by foreigners in trade, and they don't know English and can't explain clearly. They turned to "Adego" for help, and Adego was willing to help the shopkeeper negotiate with foreigners and fight for rights. Yu Qiaqing's name is Hurd, and people in Ningbo call him "Adege". Adego is very famous. 1897, under the pretext of expanding roads, the Ministry of Industry and Commerce of the French Concession forced Ningbo to demolish the funeral parlour and Zhong Yi cemetery of Siming Office of the French Concession. The practice of the French Concession authorities made the dead restless and made Ningbo people angry. On the land of China, the people of China have the right to protect their ancestors. China people, especially a large number of Ningbo people in Shanghai, rallied to protest against the demolition decision of the French Concession authorities. Adego Yu Qiaqing, with a sense of national justice, performed his duties, cooperated with Siming CCBA, held protests and organized a strike of Chinese workers. Under the resolute resistance and struggle of the dignitaries, the French Concession authorities withdrew the decision of demolition, and the French Consulate erected a monument to demarcate the property to ensure that it would not be infringed again. Siming CCBA won the case. Yu Qiaqing is a household name in Shanghai, and he has become a business tycoon.

1903, Yu Qiaqing was hired as a comprador in China by China-Russia Dawson Bank, and entered the banking industry for the first time, having high-level contacts with foreigners. In financial transactions with foreign banks in China, Yu Qiaqing is smart and efficient, which makes senior foreigners in the banking industry speak highly of him. 1905, ABN Amro urgently needed to hire comprador who was familiar with the social situation in China. On the recommendation of foreigners, ABN Amro hired Yu Qiaqing as a comprador to manage the banking business in China. Yu Qiaqing is committed to expanding business for banks, and has made huge profits, winning the trust of the head office of the Netherlands. Yu Qiaqing worked for ABN Amro for 22 years until he retired in his 60s.

When Yu Qiaqing was a bank comprador, the Boxer Anti-imperialist Patriotic Movement 1900 broke out in northern China. Eight-Nation Alliance, Britain, France and Japan invaded China, invaded Beijing, signed the treaty of Xin and Chou, and 190 1 signed the treaty of boxer indemnity, with a total compensation of 452 million silver. The Qing government was eager to pay and raise reparations to various countries and had to borrow money from banking groups composed of various countries. Both Sino-Russian Dawson Bank and ABN Amro Bank participated in the fund-raising banking group. Yu Qiaqing had the opportunity to participate in the loan work and put forward suggestions on how to negotiate with the royal ministers of the Qing Dynasty, which was valued by the Qing government. 1906, Empress Dowager Cixi issued the Preparatory Constitutional Order and sent five ministers, including Duan Fang and Zai Ze, to visit Japan. Yu Qiaqing was appointed to accompany the delegation. This gave him a better understanding of foreign industry and commerce. After returning home, he visited Empress Dowager Cixi and proposed that "the great powers exploited China by banks and restricted the industrial and commercial development of China. In order to revitalize the industry and protect their rights, the people of China must set up their own banks ". This proposal was adopted by the Qing government. Invite Zhou Jinzhen, Zhu and other Ningbo-born big capitalists to register and establish Siming Bank in the Ministry of Agriculture, Industry and Commerce of the Qing government with a capital of 65,438+502,000 silver. On September 65, 438+0.908, the first private bank in China officially opened in Jiangxi Road, British Concession, and Yu Qiaqing was promoted to the position of director.

At the beginning of the 20th century, the water transport from Shanghai to Ningbo was controlled by the bureaucratic Swire Shipping Company, Orient Shipping Company and China Merchants Shipping Company. People in Ningbo are very dissatisfied with the high ticket prices. Yu Qiaqing thinks this is a good business opportunity. He invited Yan Xiaofang and others to set up a joint-stock company, and many Ningbo people invested in 5 yuan per share, raising a total of 400,000 yuan. 1909, Ningshao Shipping Company was established with Yu Qiaqing as the general manager. In order to compete with foreign ships, the fares of Ningshao ship are cheaper than those of the other three shipping companies, and the crew service is good, so passenger and cargo transportation is booming. In order to defeat Ningshao Company, the British Swire Steamship Company reduced the steerage ticket from one yuan to the triangle, and sent towels and soap to compete at a loss, which made Ningshao's business plummet and could not be maintained. In times of crisis, Ningbo Hometown Association organized a boat ticket maintenance meeting to raise funds for supplementary support. Ningshao Company competes with foreign businessmen at low fares, which is "both lose". Finally, foreign shipping companies and Ningshao Company agreed to balance the ticket price, and Ningshao Company gained a firm foothold in the shipping industry.

Three years later, Yu Qiaqing withdrew from Ningshao Company because of the conflict with the company's major shareholder in purchasing Yongxing Wheel. 19 13 He invested 200,000 yuan to establish Sanbei Shipping Company, and his headquarters moved to Shanghai. Yu Qiaqing's financial investment is unique. As long as you pay 30% down payment to buy a boat, you will pay off the boat money year by year after sailing. If you buy a boat as collateral, you can borrow 70% of the boat price from the bank. As long as you pay 30% cash to buy the boat, 40% of the money can be used as the working capital of the company. The more boats you buy, the richer the company will be. Yu Qiaqing can make full use of ABN Amro's comprador position, borrow more money from the banking industry and develop the Three North Shipping Company. Initially, we bought three steamers, Bates, Yao Bei and Zhenbei, with routes from Shanghai to Ningbo and shenjiamen, and from Shanghai to Zhenjiang, so we called them "Sanbei Steamship Company". Soon after, he bought a Dutch-made 1.320-ton steel hull ship for 1.320 million yuan and sailed in Tianjin, Dalian, Qingdao, Ningbo, Fuzhou, Guangzhou and Nanyang Islands. 19 17, Ningxing Shipping Company was established, and purchased a 3,439-ton "Ningxing" ship, specializing in the navigation business from Tianjin and Dalian to Shanghai. 19 18 12 Yu Qiaqing invested in Hongan Merchant Shipping Company, a Sino-British joint venture registered by British businessmen, and repurchased British shares. It involved two ships, Chang 'an and Dexing, as well as warehouses and docks, with a total capital of 450,000 yuan, and was reorganized into China Shipping Company. The company increased its capital by 6,543,800 yuan, bought three new ships, Wulin, Zhijiang and Huawei, totaling 5,604 tons, and continued to operate the Yangtze River, coastal areas and ocean-going voyages.

Yu Qiaqing realized that "the rise and fall of the shipping industry, the dock shed is important". Hongsheng Wharf Stacking Company was established in 19 16. In order to repair the group's ships, the machinery factory of Sanbei Shipping Company was established, which has a ship repairing dock and can also manufacture small barges, barges and their ancillary equipment.

From 19 14 to 192 1, Sanbei group established Sanbei, Ningxing and Hongan steamship companies, and became a joint enterprise with 18 large steamships and 45 small steamships sailing along the coast of Zhejiang, as well as dock shed and shipbuilding, with a capital of 3.2 million yuan. Sanbei Group has become the largest Chinese sailing group in China.

At the beginning of the 20th century, the semi-colonial and semi-feudal society in China was in turmoil and the political situation was unpredictable. The Revolution of 1911 overthrew the feudal Qing Dynasty, Yuan Shikai usurped the revolutionary achievements, Sun Yat-sen led the second revolution, the national protection movement opposed Yuan Shikai's claim to be emperor, Yuan Shikai died, and the Beiyang warlord government appeared in Beijing. In order to compete for the power of the Beijing government and the local separatist forces, the Beiyang warlord's direct line, Anhui line and Feng line have been fighting for a long time, and there will never be peace, and the people and the country will not be able to live. In such a period of political turmoil, the national capitalists in China have a very complicated mentality in order to protect the industry and commerce they founded and deal with warlords, bureaucrats and local black forces. They have the basic spirit of patriotism and love for the nation and demand national unity and prosperity. On the other hand, in order to survive and protect their own industry and commerce, they borrowed the power of foreigners to form relations with warlords and bureaucrats. They know the truth that "officials are afraid of foreigners and foreigners are afraid of the people", and they also want to suppress warlords with the power of foreigners and their aggression and expansion with the power of the people. Yu Qiaqing received traditional patriotic education since childhood, grew up in Shili Concession, and was influenced by western democratic thoughts, experienced the Reform Movement of 1898 and was baptized by bourgeois democratic revolution. In his long-term contact with foreigners, he learned how the foreign concession authorities ruled the concession and how to solve the problems. So Yu Qiaqing has his own philosophy of life in semi-colonial and semi-feudal society. 19 1 1 year, supported the Revolution of 1911, provided houses for the secret activities of the League, sent people to protect the safety of Chen, the head of the League in Shanghai, provided 8,000 silver dollars for the activities, and mobilized business groups to participate in the Shanghai Uprising. After the victory of the Revolution of 1911, the Nanjing Provisional Government was established, and Yu Qiaqing raised more than one million yuan in the name of the Shanghai General Chamber of Commerce to help solve the financial difficulties of the Provisional Government. Dr. Sun Yat-sen is very grateful to the Shanghai consortium Yu Qiaqing and others for their support.

After the failure of the Revolution of 1911, it was involved in the vortex of warlord struggle and supported the Beiyang government led by the direct warlord section. Duan Beijing Municipal Government hired him as President of Shanghai General Chamber of Commerce and Vice President of the National General Chamber of Commerce (1924). 1in may, 925, the capitalist of the seventh cotton mill shot and killed Gu Zhenghong, an employee of the seventh cotton mill, and injured more than 0 workers 10. This atrocity aroused great anger among the people of Shanghai. The Central Committee of the Communist Party of China decided to combine the workers' movement with the citizens' struggle against the concession authorities and hold anti-imperialist demonstrations. On May 30th, more than 2,000 students from various schools in Shanghai demonstrated in front of the old gate of Nanjing Road. The British patrol shot at the crowd, killing and injuring dozens of people on the spot, which caused the "May 30th Massacre" that shocked China and foreign countries.

The Central Committee of the Communist Party of China decided to organize an anti-imperialist United front and carry out the "three strikes" struggle. In Shanghai, 200,000 workers went on strike, 50,000 students went on strike, and most businessmen went on strike. Shanghai established the Federation of Industry and Commerce, the leading organ of the anti-imperialist movement. Yu Qiaqing, president of the Shanghai General Chamber of Commerce, was indignant, especially thought that boycotting Japanese goods and loving domestic products was a patriotic movement "beneficial" to the development of national industry, so he led the Chamber of Commerce to participate in the anti-imperialist struggle. 200,000 workers went on strike, and it is important to solve the living problems of 1 10,000 workers and their families. Li, the Federation of Trade Unions, negotiated with the General Chamber of Commerce to "make a strong contribution, have money and money, support each other and resolutely oppose imperialism". Publicly issue newspapers in the name of the General Chamber of Commerce, appeal to chambers of commerce, patriots and overseas Chinese businessmen in major cities, and appeal for donations to support the anti-imperialist struggle in Shanghai. Yu Qiaqing took the lead in donating huge sums of money, with donations from all walks of life in Shanghai, and donations from businessmen, overseas Chinese and international workers' organizations from all over the world poured in. In just 10 days, the Shanghai General Chamber of Commerce raised more than 2.37 million yuan, which strongly supported the May 30th anti-imperialist movement.

Imperialism and the Beiyang warlord government coerced and lured the national bourgeoisie and put pressure on Yu Qiaqing. Yu Qiaqing said that he would "persuade all businessmen to open the market as soon as possible" and "try to improve the situation". The Chamber of Commerce set up the "May 30th Committee", and the 13 proposed by the Federation of Industry and Commerce competed with the 17 proposed by the Federation of Industry and Commerce. In the revised article 13, four articles, such as the permanent retreat of British and Japanese troops to Shanghai, were deleted, which was unacceptable to imperialism. The Chamber of Commerce made a temporary compromise, but retained the protection of China people's civil rights and the compensation for the dead and injured workers. Punish the British police who caused the accident and the Japanese capitalists who shot the Chinese workers; Improve the working conditions of workers; Increase workers' wages, strike workers give living allowances, etc. The terms and conditions shall be sent to the franchise negotiation office and the consular missions of various countries in Shanghai. All imperialist countries agree that in order to guarantee the privileges of imperialism in China, they can make major economic concessions on civil rights and agree to the conditions of the Shanghai General Chamber of Commerce. In order to save strength and meet the economic requirements of workers, the Central Committee of the Communist Party of China decided to return to work gradually. The May 30th Movement formed a new climax of the anti-imperialist struggle.

1924, China Kuomintang held its first national congress in Guangzhou. Sun Yat-sen clarified the three policies of "uniting Russia, uniting the Communist Party and helping the peasants and workers", reinterpreted the Three People's Principles and made them the basis of cooperation between the Kuomintang and the Communist Party. The establishment of the revolutionary United front, the establishment of the National Revolutionary Army and the consolidation of the revolutionary base areas in Guangdong. 1925 In March, after the death of Sun Yat-sen, the forerunner of China's great democratic revolution, the Guangdong National Government was established. 1926, the national revolutionary army set out for the northern expedition, with Chiang Kai-shek as the commander-in-chief of the northern expedition, and Wu Jun's main force annihilated Wuhan in the battlefield between the two lakes. Jiangxi battlefield annihilated Sun Jun's main force and captured Nanchang. The Eastern Road Northern Expeditionary Army conquered Fujian and occupied Hangzhou, and the striker matched Shanghai. The success of the Northern Expedition prompted Shanghai business leaders to meet with Niu Yongjian, a Kuomintang military reporter, to discuss the plan of overthrowing the rule in Shanghai and seizing power. Mainly in retaliation for Sun's cancellation of his duties as deputy director of Shanghai Commercial Port and president of Shanghai General Chamber of Commerce, he tried his best to contact * * * to launch a popular uprising and seize Shanghai's political power. Luo Yinong, secretary of the Shanghai District Committee of the Communist Party of China, and Chen Duxiu, General Secretary of the Communist Party of China (CPC) Central Committee, advocated the establishment of a United front from the bourgeoisie to the workers and launched an armed uprising of the workers. Chen Duxiu said: "The proletariat evades leadership." "Even if the uprising is successful, the workers will not participate in the political power." "We just want people's freedom." Chen Duxiu advocated: "We can have two leaders now, Niu Yongjian is a soldier and Yu Qiaqing is the leader of the people." Yu Qiaqing and others raised funds for the uprising to support the three armed uprisings of Shanghai workers. 1927 On March 22nd, the workers won the third armed uprising after 28 hours of fighting. Chen Duxiu delivered a speech at the activist meeting: "We have clearly seen the power of the proletariat. The big bourgeoisie is not revolutionary, and the petty bourgeoisie is in favor of revolution, but it is not doing it by itself. Therefore, only the proletariat came out to serve the China revolution. " The Congress elected 19 members of the Executive Committee of the Provisional Government of Shanghai Special Administrative Region, 9 of whom were * * *, accounting for the majority, and the proletariat held the political power in Shanghai. Niu Yongjian and Yu Qiaqing are executive members. Soon, six representatives of the bourgeoisie announced their resignation as members of the municipal government and parted ways with the proletariat.

Shortly after the victory of Shanghai workers' armed uprising, Chiang Kai-shek arrived in Shanghai and served as commander-in-chief of the Northern Expeditionary Army. Yu Qiaqing and Qian Xin, Shanghai consortia, were very worried that Shanghai would be controlled by workers and workers, and hung their fate on Chiang Kai-shek's chariot. On February 1920, Yu Qiaqing founded Shanghai Stock Exchange, the first comprehensive stock exchange in China, and served as the chairman. Generally speaking, the transactions of the exchange are handled by brokers. At this time, Hengtai, composed of Chiang Kai-shek, Chen and Dai, was one of the brokers of Shanghai Stock Exchange. Chiang Kai-shek and others became brokers of the Shanghai Stock Exchange, speculating in various securities and cotton yarn. Chiang Kai-shek made a lot of money. 192 1 summer and autumn, the exchange suddenly collapsed and the stock plummeted. 1922 February, Chiang Kai-shek was penniless and heavily in debt. At that time, Chiang Kai-shek participated in the planning of the Shanghai Stock Exchange with the intention of embezzling Japanese remittance 1 10,000 yuan. Ask tycoon Li for help. Finally, financial tycoon Ye Zhuotang came forward to mediate and took out 60,000 yuan from the exchange to settle the matter with Jiang. Chiang Kai-shek took his share of the money, ended his economic speculation in Shanghai and went to Guangdong to defect to Sun Yat-sen. ..

When Chiang Kai-shek returned to Shanghai, he knew that the actual controller in Shanghai was not the official government, but a big businessman, the boss of the two gangs of Qinghong. If Chiang Kai-shek's forces want to gain a foothold in Shanghai and the whole country, they must get the support of the Shanghai consortium and get huge funds for military and political activities. When Chiang Kai-shek arrived in Shanghai, he said to European and American countries: "The National Revolutionary Army is a good friend of the great powers and will never change the status quo of the concession by force." On the evening of March 26th, Chiang Kai-shek met with Yu Qiaqing, chairman of the Shanghai Chamber of Commerce. Jiang said: "All the direct-Lu allied forces withdrew to the north of the Yangtze River, and the Northern Expeditionary Army captured Nanjing." "I will never resort to force to recover the concession. I hope the business community can rest assured." Chiang Kai-shek promised to protect property owners in Yu Qiaqing. In the name of the chairman of the Chamber of Commerce, he assessed 3 million yuan from banks and money houses to Chiang Kai-shek, and the Business Federation "automatically donated" 5 million yuan to support Chiang Kai-shek's "4. 12" coup.

"Adego" Yu Qiaqing is also the chairman of the National Chamber of Commerce and Industry, Shanghai General Chamber of Commerce, Shanghai Shipping Association, Shanghai Stock Exchange, China Taxpayers Association of the Public Concession, Hua Dong of the Ministry of Industry and China Team Association of the international business group. "Business in business" does not involve politics. As a modern national industrialist and businessman, the interests of the national capitalists he represents are bound to have economic contradictions with foreign capital. He lived in the old China society and served as a comprador for many years. "Because of his position, he is getting closer and closer to outsiders, and he knows the temperament and habits of outsiders like the back of his hand. Therefore, if he has something to negotiate, he can humble himself and peek in the cave to safeguard the spirit of the people of his great country. " Society is a school to cultivate nationalism and patriotism, which can show a person's conscience and temperament on national and ethnic issues. National capitalists have a weak side of compromise. Yu Qiaqing was able to take part in the May 30th Movement and actively raise funds to support the workers' strike struggle. But at the critical moment, he considered the interests of the rich, compromised with imperialism and calmed the struggle. In the armed uprising of Shanghai workers, from the standpoint of capitalists, the Shanghai People's Uprising was planned to overthrow warlords Sun and the Communist Party of China (CPC). After the victory of the armed uprising, the provisional government of Shanghai Special City led by the working class was established. He resigned as a member of the municipal government and took refuge in Chiang Kai-shek, seeking to develop enterprises with the help of the Kuomintang regime.

1927, Yu Qiaqing retired from the comprador ABN Amro, devoted himself to navigation and became famous in Shanghai. Yu Qiaqing's 70th birthday 1936 was initiated by Shanghai First Special Zone (Public Concession) Citizens' Federation. After a meeting of the board of directors of the Ministry of Industry and Information Technology, Yu Qiaqing made a contribution to "maintaining and promoting Sino-foreign relations". The meeting unanimously passed a resolution to rename "Tibet Road" as "Yu Qiaqing Road" in the name of Yu Qiaqing.

After the outbreak of War of Resistance against Japanese Aggression, he resisted the threat of Japanese secret service and Wang puppet government and flatly refused to be the mayor of Shanghai puppet government. During the Anti-Japanese War, the population of the concession surged and the food shortage caused panic. In order to stabilize food prices and society, the Ministry of Industry decided to let Yu Qiaqing raise grain. Yu founded the Sino-Italian Shipping Company in partnership with Italian businessman tamina Qi. The ships are flying the Italian flag, and Italy is an ally of Japan, so the ships carrying rice from Shanghai to Saigon and Yangon are not interfered by the Japanese navy. The crisis of food shortage in the concession was solved. In fact, every time Shangyu Qiaqing transports grain, it privately sets aside a certain tonnage to load rice for itself. After returning to Shanghai, rice flowed into the black market at a high price, and he made a profit of 5 million yuan.

194 1 spring, the war was in a hurry. Yu Qiaqing said goodbye to Shanghai and went to Hong Kong by boat. 1942 transferred to Chongqing. At the age of 76, he set up Sanmin Transportation Company with Wang in Chongqing, bought 300 Dodge trucks, and transported hardware fittings and machines from Myanmar, Yangon and other places for military supplies and civilian use in War of Resistance against Japanese Aggression.

1945 On April 26th, Yu Qiaqing died of acute lymphadenopathy in Chongqing at the age of 79.