L iu Yongxing is a Chinese industrialist and the founder and chairman of the East Hope Group. He was one of the four Liu brothers who famously started an agribusiness empire, the Hope Group, in the 1980s by raising quails. After the brothers split their assets to pursue separate ventures, Liu Yongxing took his share and founded East Hope. While he initially continued to build on his success in the animal feed industry, he made a colossal and highly successful strategic pivot into heavy industry.
Anticipating China's industrial growth, he invested billions into building massive production facilities for aluminum and polysilicon, the key raw material for solar panels. He strategically located these energy-intensive plants in remote western regions of China, like Xinjiang and Inner Mongolia, to take advantage of cheaper electricity costs. This move has made East Hope Group one of the world's largest and lowest-cost producers of both aluminum and solar-grade polysilicon. This transformation from an agricultural entrepreneur to a heavy industry titan makes his career path one of the most remarkable in modern China.
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Liu Yongxing is a Chinese businessman, the self-made billionaire Co-founder of New Hope Group (former) and the Founder and Chairman of East Hope Group, a major conglomerate spanning feed production, aluminum processing, and industrial chemicals. Born in Xinjin County, Sichuan, in 1949, his career is rooted in engineering, manufacturing, and entrepreneurial independence.
Liu initially worked as a technician and engineer in state-owned enterprises before pivoting to business. In 1982, he and his three brothers sold their bicycles and watches for 1,000 yuan (about $150) to start a quail and chicken breeding farm—the highly humble genesis of the New Hope Group. His philosophy centers on industrial scale, technological innovation, and vertical integration (feed to aluminum processing).
Liu Yongxing's strategic genius was his commitment to vertical integration in both agribusiness and industrial materials. After the initial success of the New Hope Group, the four brothers decided to split their assets in the 1990s, with Liu Yongxing founding East Hope Group. He aggressively expanded into aluminum processing and industrial chemicals, recognizing the immense structural demand in China's industrialization drive.
Under his leadership, East Hope Group became a dominant force in both animal feed and aluminum production (a unique diversification). His wealth is secured by the colossal, long-term, stable profitability of the global agri-food and industrial aluminum sectors.
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Co-founds the quail/chicken breeding farm with his brothers (Founding).
The four brothers separate their assets (Corporate Split).
Founds East Hope Group (Founding 2).
East Hope expands aggressively into aluminum processing (Industrial Diversification).
Continues as Founder and Chairman, guiding the massive industrial giant (Executive Oversight).
Liu Yongxing's wealth is concentrated in his founding equity and continued executive leadership of the private industrial giant, East Hope Group.
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Liu Yongxing's social impact is structural, stemming from East Hope Group's role as a massive industrial employer and foundational supplier of essential food commodities (feed) and industrial materials (aluminum) that contributes significantly to China's food security and industrial output. His personal philanthropy supports various community and educational initiatives.
His structural contribution is tied to the successful industrialization and scale of the Chinese agribusiness and heavy manufacturing sectors.
Liu Yongxing maintains the professional, pragmatic style of an industrial executive. His attire is consistently formal and high-quality, favoring tailored business suits. His aesthetic reflects serious authority and stability, typical of a leader in the specialized industrial sector.
Residing in Shanghai, China, his luxury is the immense security and financial reward derived from his multi-billion dollar fortune. His life is dedicated to industrial scale, technological precision, and the long-term, stable growth of the aluminum and agri-food empires.
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