This article gives discussion to depth aiming at Feng You-Lan's research results of Wang Chung's thoughts during these two different phases before and after the person in charge of Mainland China was changed. During the earlier stage, the author puts the study into the realm of history, and through comparison with Hu Shi's research results, explains that Feng only has jumped out of the research framework of Hu Shi in terms of theory of human nature and historical viewpoints, however, after careful consideration and research, it is found that it is necessary to examine these two points. At later stage, the emphasis is put on how Feng re-understands Wang Chung's thoughts from the viewpoint of historical materialism, to further analyze the background for forming this kind of understanding. It also emphasizes the basic analysis mode of Mao Ze Dong's "two armies fighting", and its significant influence on Feng's understanding towards Wang Chung's thoughts, furthermore, examines critically the meaning and value of Feng's re-understanding Wang Chung's thoughts based on the standpoint and viewpoint of historical materialism at later stage.