[2] Prominent pro-Japanese Korean minister Lee Wan-yong wanted to establish a paper that supporting his leanings, and arranged for the former head writer of Mansebo, Yi In-jik [ko], to purchase the former paper and its facilities.

[1] Its president was Yi In-jik, editor Sin Kwang-hŭi [ko], and head writer Ch'oe Yŏng-su (최영수; 崔永秀).

According to a Daehan Maeil Sinbo report, the newspaper received around 500 won per month from the government's Ministry of Finance, and even received a 1,000 won donation from Lee in November 1909 to support the acquisition of movable type printing presses.

After the assassination of former Japanese Resident-General of Korea Itō Hirobumi by Korean independence activist An Jung-geun, the paper joined other pro-Japanese papers such as Kungmin Sinbo [ko] in a memorial ceremony to Itō.

It briefly changed to Hanyang Sinmun (한양신문; 漢陽新聞), but was discontinued and merged into other pro-Japanese Korean newspaper Maeil Sinbo on September 1, 1910.