East Hope Group

East Hope Group
TypePrivate
IndustryConglomerate
Founded1995; 31 years ago (1995)
FoundersLiu Yongxing
Headquarters
Shanghai
,
China
ProductsAnimal feed, Aluminum, Chemicals, Polysilicon
RevenueCN¥179 billion (US$25.3 billion) (2023)
Number of employees
30,000 (2023)
Websitewww.easthope.cn

The East Hope Group (officially East Hope Group Co Limited) is one of the ten largest aluminum producers in the world and is also active in the fields of green energy, polysilicon, chemicals, and agriculture. East Hope Group is based in Shanghai, China.

History

At the end of the 1970s, Liu Yongxing and his brothers ventured into the electronics industry. They founded a company, but it was eventually shut down due to the political climate, which viewed such companies as too capitalist. Undeterred, the brothers turned their attention to agriculture in 1982 and joined forces to found the Hope Group. The company initially focused on quail and chicken breeding in Sichuan province and established the Hope Research Center for Animal Feed in 1986.

In 1995, the Hope Group split into four separate companies: West Hope Group, New Hope Group, Continental Hope Group, and East Hope Group. Liu Yongxing retained parts of the agricultural business and expanded into the heavy chemical and aluminum industries. This led to the establishment of the East Hope Group, which developed into one of the largest aluminum producers in the world. By 1999, Liu had moved East Hope's headquarters to Shanghai.

Business

Agriculture

The East Hope Group has 101 subsidiaries engaged in animal feed production and is responsible for several popular brands such as East Hope, Golden Bean, and Qiangda. In addition to China, the East Hope Group is also active in Vietnam, Singapore, Indonesia, and Cambodia.

Chemicals

The company entered chemical production in 2006. Products include cement, clinker, methanol, dimethyl ether, PVC and other chemical products. Projects under construction include a coal-to-methanol and olefins project.

Polysilicon

In 2013, the company entered the photovoltaics industry and rose to become one of the leading polysilicon manufacturers.

Aluminium

East Hope is one of the largest producers of aluminum worldwide.

In 2025, Kazakhstan's Prime Minister Olzhas Bektenov met with Liu Yongxing, chairman of the Board of East Hope Group, to discuss a project to establish a vertically integrated industrial park for the production of “green” aluminum in Kazakhstan. The planned project covers the entire production cycle of “green” aluminum, from raw material extraction to the further processing of high-quality materials. The first phase involves the construction of an ore processing plant with an annual processing capacity of two million tons of aluminum oxide and an electrolysis plant for the production of one million tons of aluminum per year. The project volume is estimated at over US$12 billion.

See also

References

  1. ↑ "Liu Yongxing". 2025-08-31. Retrieved 2025-08-31.
  2. 1 2 Yieh Corp. "China's East Hope Group to invest over $12 billion in Kazakhstan aluminum complex-Yieh Corp Steel News". Retrieved 18 August 2025.
  3. ↑ "东方希望集团 East Hope Groups". Retrieved 18 August 2025.
  4. ↑ "Largest And Global Sovereign Wealth Fund Institute | SWFI". Retrieved 18 August 2025.
  5. ↑ "Contradictions in China, and the Rise of a Billionaire Family (Published 2009)". 2 January 2009. Retrieved 31 August 2025.
  6. 1 2 Newsfusion (9 August 2024). "Liu yongxing". Retrieved 18 August 2025.
  7. ↑ "East Hope Group". Retrieved 18 August 2025.
  8. ↑ "东方希望集团 East Hope Groups". www.easthope.cn. Retrieved 31 August 2025.
  9. ↑ "东方希望集团 East Hope Groups". www.easthope.cn. Retrieved 31 August 2025.
  10. ↑ "东方希望集团 East Hope Groups". www.easthope.cn. Retrieved 31 August 2025.
  11. ↑ MINEX Forum (9 June 2025). "Chinese Firm East Hope Group to Invest in Major Green Aluminium Project in Kazakhstan". Retrieved 18 August 2025.
  12. ↑ "China's East Hope Group plots 1mt/year Kazakhstan aluminium facility". Retrieved 18 August 2025.