About Liu YongXing

Mr. Liu YongXing (b. Sichuan, China, 1948, B.S. Mathematics) 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.”