Liu Yonghao Family (New Hope)
Overview
Founded in 1982 by Liu Yonghao and his three brothers, New Hope Group is a Chinese agribusiness conglomerate. Core businesses include animal feed, livestock breeding, dairy, and financial services. It is one of China's largest private agribusiness firms, with operations in over 20 countries.
Description
Chinese agribusiness conglomerate founded by Liu Yonghao, focusing on feed, livestock, dairy, and finance.
Leadership
Governance
Held by Liu Yonghao and family through New Hope Group Co., Ltd. Key entities include New Hope Liuhe (feed/livestock) and New Hope Dairy. Decision-making centralized under Liu Yonghao as chairman.
Succession
Liu Yonghao's daughter, Liu Chang, has taken senior roles, including chairwoman of New Hope Dairy and board member of New Hope Group. Succession is in progress with her increasing leadership.
Public-Sector Context
Liu Yonghao is a long-time member of the Chinese People's Political Consultative Conference (CPPCC) and has close ties to agricultural policy circles. Risk factors include regulatory shifts in agribusiness and state support for state-owned enterprises.