The aim of this paper is to give an alternative general understanding and interpretation of the first five chapters of Korean Neo-Confucianist Yi Yulgok's Chun Yan and that of Laozi's Dao De Jing by comparing both the texts and the materials cited by Yi. It then refers the comparison, integration and synthesis of Chun Yan and Dao De Jing to "the theory of three manifestations of Being" and claims that "Confucianism and Daoism have the same root and are complementary to one another." In this paper, the author firstly reflects on the close relation between the view of Confucianism is the mainstream (or orthodoxy) of Chinese Cultural Tradition and "kinship vertical axis" and tries to deconstruct the limit of political, academic and religious powers to return to the vision of "Confucianism and Daoism have the same root and are complementary to one another." Secondly, with his alternative interpretation of Chun Yan, the author points out the turn of Yi's theory of the way of heaven from the vision of "the universe is the process of correlation" to that of "the ontological occurrence." Meanwhile, the author shows the transformation and creativity inherent in the choice and interpretation of the texts and the related materials. Also the author confronts some chapters of Chun Yan with that of Dao De Jing and that of his New Interpretation of Laozi Dao De Jing to discuss the theory of Mind (Shin) and Nature (Hsin) and that of self-cultivation in the perspectives of "the theory of three manifestations of Being" and "Therapeutics of New-Daoism." Finally, based on the foregoing discussion, the author tries to justify the possibility of "Confucianism and Daoism have the same root and are complementary to one another" and affirms the critical and disabusing role of Daoism in modern society.