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Liu Yongxing

Liu Yongxing

L. Yongxing
-0.14% | - $-15.35M
$11.15 B ₹ 1.01 Lk Cr
Real Time Net Worth #277 Ranking as of 21 Feb 2026 By Forbes

More on Liu Yongxing

Gender

Male

Age

77Y

Country

China

Born On

June, 1948

Deceased

No

Relationship Status

Married

Children

1

Education

Unknown

Designation Info :

Self-Made

Yes

Entrepreneur Type

Self-Made (Heavy Industry)

Primary Organization

East Hope Group

Titles

Chairman

Sources of Wealth

East Hope Group

Industry

Aluminum, Solar Energy, Chemicals, Agribusiness, Heavy Industry, Manufacturing

About Liu Yongxing


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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Quick Reads


  • Founder and Chairman of industrial conglomerate East Hope Group.
  • Was one of four brothers who founded the original Hope Group in agribusiness.
  • Pivoted his company from animal feed into heavy industry.
  • East Hope is a world-leading producer of aluminum and polysilicon (for solar panels).
  • Built massive industrial plants in western China to access low-cost energy.

Early Life and Background


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).

  • East Hope Group (Founder & Chairman): The core private asset, a massive conglomerate spanning feed production (East Hope Feed), aluminum processing, and industrial chemicals.
  • New Hope Group (Co-founder): The original family venture, which he split from in the 1990s to form his own enterprise.
  • Industrial Focus: His success is built on scale manufacturing and dominating the domestic market for animal feed and aluminum products.
  • Academic Background: He holds a degree in Engineering (from a related search).

Career Journey of Liu Yongxing


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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Liu Yongxing's Timeline


1982:

Co-founds the quail/chicken breeding farm with his brothers (Founding).

1990s (approx.):

The four brothers separate their assets (Corporate Split).

1995 (approx.):

Founds East Hope Group (Founding 2).

2000s:

East Hope expands aggressively into aluminum processing (Industrial Diversification).

Ongoing:

Continues as Founder and Chairman, guiding the massive industrial giant (Executive Oversight).

Major Business Ventures and Investments


Liu Yongxing's wealth is concentrated in his founding equity and continued executive leadership of the private industrial giant, East Hope Group.

  • East Hope Group (Founder & Chairman): The core private asset, a massive conglomerate spanning feed production (East Hope Feed), aluminum processing, and industrial chemicals.
  • New Hope Group (Co-founder): The original family venture, which he split from in the 1990s to form his own enterprise.
  • Industrial Focus: His success is built on scale manufacturing and dominating the domestic market for animal feed and aluminum products.
  • Academic Background: He holds a degree in Engineering (from a related search).

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Philanthropy and Social Impact


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.

Fashion, Style, and Lifestyle


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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Quotes and Philosophy


No publicly available quotes.

Fun Facts & Trivia


  • He is the Founder and Chairman of East Hope Group (feed and aluminum processing).
  • He split from the original New Hope Group founded with his three brothers.
  • His company is a major producer of aluminum products (a unique diversification from feed).
  • The Liu brothers were named the richest people in China in 1999.
  • He started his business with 1,000 yuan from selling bicycles and watches.
  • He holds a degree in Engineering (from a related search).
  • His wealth is tied to the successful vertical integration of agribusiness and heavy manufacturing.

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Sources & References


This profile is compiled from verified biographical and financial records:

  • Wealth Data: Real-time tracking and historical data from Forbes Billionaires and the Bloomberg Billionaires Index.
  • Biographical Records: Educational and career history sourced from Reuters, The Wall Street Journal, and official university alumni directories.
  • Regulatory Filings: Shareholder and executive disclosures from stock exchange databases, including HKEX, SSE, SZSE, and SEC EDGAR.
  • Corporate History: Primary data from annual company reports, founding charters, and verified press announcements.

All information is cross-referenced with public sources for accuracy; some narrative sections are AI-assisted summaries.

If you find any inaccuracies, please report them to admin@redcarpetlife.in

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