New Hope Group

Liu told the Financial Times in 2011 that he was focused on organizing peasant farmers into roughly 100 agricultural cooperatives and setting up underwriting companies to help them obtain loans, framing his business as a tool for rural industrialization.

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.