About Liu Yongxing
Liu Yongxing is a successful Chinese entrepreneur, the founder, chairman, and CEO of East Hope Group, a major player in the agribusiness, chemical, and non-ferrous metal industries. He is also actively involved in several other roles, including serving as the honorary president of the Shanghai Chamber of Commerce in Sichuan, a part-time professor at China Agricultural University, an MBA lecturer, and a member of the Standing Committee of the CPPCC.
Throughout his career, Liu has been instrumental in the growth and expansion of East Hope Group, which has become one of China’s largest private companies under his leadership. The company employs over 70,000 persons and operates in more than 20 countries worldwide. Liu is also known for his Charity efforts, particularly in the areas of education and poverty reduction.
Liu Yongxing Education
Liu Yongxing, a Chinese billionaire businessman, was born in Sichuan, China, and grew up in a landlord’s family who later became farm workers after the Cultural Revolution. After graduating from Xihua University in 1968, Liu and his three brothers attempted to start an electronics company in the late 1970s. However, due to the government’s unfavourable view towards such capitalist ventures, the business had to close soon after.
Liu Yongxing Career
In 1982, with only 1,000 RMB, the brothers founded the Hope Group, which focused on raising quail and hatching chickens in Sichuan Province. They established the Hope Research Center for animal feeds in 1986. Liu’s wife, a trained psychologist, and he have a child, and they reside in Shanghai. Despite his immense wealth, Liu remains committed to philanthropy and has donated millions of dollars towards charitable causes, including education and disaster relief efforts.
In 1995, the Hope Group underwent a restructuring process that resulted in the division of the company into four distinct entities, each owned by one of the siblings. Chen Yuxin took over the West Hope Group, Liu Yonghai became the owner of the New Hope Group, and Liu Yongyan took control of the Continental Hope Group. Meanwhile, Liu Yongxing retained a portion of the agricultural business while branching out into heavy chemical and aluminium production. These endeavours ultimately led to the creation of the East Hope Group, which was established in 1995 and has since become one of the largest aluminium producers in the world.
Liu Yongxing Facts
A profile of Liu Yongxing was published by the Chinese news site Sohu in August 2016, highlighting his business. When asked about criticism regarding environmental pollution caused by East Hope factories, Liu responded by stating that in the heavy chemical industry, environmental concerns are a shared risk. He highlights his commitment to the strictest standards in order to reduce these risks.
Liu Yongxing Net Worth
Liu Yongxing has earned a reputation as one of the wealthiest individuals in China with an estimated net worth of US $9.5 billion, as of 2023. This makes him the wealthiest resident in Shanghai.
Personal Information
| Full Name | Liu Yongxing |
| Father’s Name | Not Mention |
| Mother’s Name | Not Mention |
| Siblings | Chen, Liu Yonghao, Liu Youghong |
| Date Of Birth | In 1948 |
| Age | 75 Years |
| Birth Place | Sichuan, China |
| Height | Not Mention |
| Education | Graduate |
| Net Worth | $9.5 Billion |
| Profession | Businessman |
| Relationship Status | Married |
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