"Old History of the Five Dynasties" is one of the twenty-four histories, recording the history from Zhu Wen's proclaimed emperor in the Tang Dynasty to the establishment of the Northern Song Dynasty, that is, the Five Dynasties and Ten Kingdoms period. It records in detail the political, military, economic, cultural and other aspects of the Five Dynasties period, and is an important material for studying the history of the Five Dynasties and Ten Kingdoms. As a lover of historical documents, the author tries to interpret the "History of the Old Five Dynasties". If there are any shortcomings in the statement and interpretation, please correct me!