East Hope Group

Liu Yongxing and his three siblings (Liu Yongyan, Chen Yuxin, and Liu Yonghao) started as farm workers of low social standing due to their family's designation as wealthy landlords before the Cultural Revolution; in the late 1970s, they founded an electronics company that had to close soon after because such ventures were regarded as 'too capitalistic' at the time.

In 1982, the four siblings pooled 1,000 RMB to start the 'Hope Group,' raising quail and hatching chickens in Sichuan province, and established the Hope Research Center for animal feeds in 1986.

In 1995, the Hope Group was split into four separate companies among the siblings: West Hope Group (Chen Yuxin), New Hope Group (Liu Yonghao), Continental Hope Group (Liu Yongyan), while Liu Yongxing retained part of the original business and built it into East Hope Group, active in agribusiness, chemicals, and non-ferrous metals.

Liu holds honorary and advisory positions beyond his business role, including honorary president of the Shanghai Chamber of Commerce in Sichuan, a part-time professor at China Agricultural University, an MBA lecturer, and membership on the Standing Committee of the Chinese People's Political Consultative Conference (CPPCC).