Liu Yongxing, male, Han nationality, is a native of Xinjing, Sichuan Province. He was born in 1948.
He is presently the Chairman of East Hope Group. In 1982, Liu YongXing and his three brothers used one thousand RMB in savings (about US$120) to start a family business called the Hope Group. In the beginning, the Hope Group raised quail and chickens in the southwestern province of Sichuan. However, this modest family business soon grew into the second largest animal feed producer in China. In 1999, after the family business was restructured into four entities owned by Liu and each of his three brothers, Liu YongXing relocated his business headquarters from Sichuan to Shanghai. Today, Liu YongXing’s main business focus is on manufacturing and managing portfolio interests in companies such as MinSheng Bank, MinSheng Insurance, Bright Dairy, etc. The rise of Liu YongXing as one of the leading first-generation private entrepreneurs to emerge after China’s Open Door Policy is representative of the overall success of China’s economic reforms.
In 2001 and 2002, Forbes Magazine recognized Liu YongXing as one of the most successful entrepreneurs in mainland China. Liu has also been honored by CCTV as one of the “Top 10 Economic People of 2001,” and by Sohu.com as one of the “Top 10 Financial People of 2001.” Furthermore, Liu has also been recognized by Asia Week magazine as one of the “Most Influential Entrepreneurs in China in the 21st Century.” Hope Group was recognized by domestic authoritative bureau as the first of Chinese 500 most powerful privately owned companies, and both in 1997 and 1999 Liu Yongxing and his brothers made the list of the 500 richest people in the world published by the Amercian Magazine Forbes. The family business’s net worth is estimated by the magazine at around US$800 million.
• In 1982, he and his three brothers resigned from public offices for co-venture.
• In 1986, the Liu brothers founded Hope Science Institute specializing in feed. Two years later, Liu’s “Hope” feed was successfully tested.
• In 1991, the Liu brothers set up Hope Group in Chengdu, Liu Yongxing as chairman. During the years later, Hope Group had become China’s largest private enterprise group.
• In 1995, the Liu brothers cleared property rights. Liu Yongxing formed East Hope Group with his 13 companies and served as chairman.
• In 1999, East Hope Group headquarter moved to Shanghai Pudong from Chengdu.
• In 2001, Liu Yongxing and his brothers were rated as the top of China’s Most Successful Businessmen by “Forbes”, a well-known U.S. financial magazine.
• In 2002, Liu Yongxing was rated as one of “2001CCTV Top 10 China’s Economic Leaders” and “Sohu 2001 Top 10 Financial Leaders”.
• In September 2003, Liu Yongxing won “Medal for China’s Glorious Cause” owing to his long-term support for the economic development in “the old, sparse, frontier and poor” areas and central and western regions.
• In 2004, Liu Yongxing was rated as “Outstanding Entrepreneurs Invest in Shandong” by the People’s Government of Shandong Province.
• In January 2005, Liu Yongxing was named “2004 China’s Top 10 Celebrities of Private Economy” by the Private Economy News.
• In July 2005, Liu Yongxing was chosen as “2005 China’s Most Powerful People of Wealth” by “China’s Fortune Global Forum 2005”.
• In May 2006, Liu Yongxing was rated as “Top 10 Entrepreneur Leaders” by the Contemporary Manager magazine and Market Economy Academy, Peking University.
• In May 2006, Liu Yongxing was appraised as “Charity Star of Pudong New Area” by the Federation of Industry and Commerce of Shanghai Pudong New Area.
• In August 2006, Liu Yongxing was chosen as “China’s Top 25 Exploit Brand Leaders” by “Aigo” Brand China’s Overall Rating List.
• In December 2007, Liu Yongxing was rated as “2007 Top 500 Richest Global Chinese Entrepreneurs” by World Eminence Chinese Entrepreneurs Association.
• In April 2008, Liu Yongxing won the honorary title of “2008 China Fortune Leader” by World Eminence Chinese Entrepreneurs Association.
• In December 2008, Liu Yongxing was awarded the honorary title of “30 Rural People in 30-Year China’s Reform and Opening-up”.