South Hope Industry

Ultimate authority rests with Liu Yonghao, founder of New Hope Group and the beneficial owner of South Hope Industry. Day-to-day legal and operational representation falls to Wei Anning, who also serves as a director at New Hope Investment. The structure reflects a common Chinese family-office model: patriarch sets strategy, trusted professionals execute it.

The capital originates from Liu Yonghao's controlling stake in New Hope Group, China's largest animal-feed producer, which he founded with his brothers in 1982. The group diversified into meat processing, dairy, and financial services, and publicly listed its core agribusiness as New Hope Liuhe. Liu Yonghao has been a fixture on China wealth rankings for decades.

South Hope Industry is the private investment entity for the Liu family, sitting alongside but separate from the publicly listed New Hope Liuhe and the broader, privately held New Hope Group conglomerate. Liu Yonghao's daughter, Liu Chang, chairs New Hope Liuhe, while South Hope Industry pursues venture and growth investments that can strategically align with the family's industrial assets.

The firm's disclosed investment posture points to direct deals and balance-sheet investing, including specific project funds like the Zoucheng New Energy Industrial Investment Fund Partnership. There is no public evidence of South Hope Industry acting as a limited partner in third-party-managed blind-pool funds.

South Hope Industry covers a broad venture-to-growth spectrum, from seed and start-up rounds through expansion and late-stage checks. Public records indicate the firm maintains flexibility across the capital stack, with an emphasis on early-stage opportunities that can pilot within New Hope Group's vast agricultural and logistics networks.

Yes, the family operates the New Hope Foundation as a separate philanthropic vehicle. Liu Yonghao also holds leadership roles in the China Society for Promotion of the Guangcai Program, a government-linked poverty-alleviation initiative, separating charitable activity from the direct-investment mandate of South Hope Industry.

Lhasa, in the Tibet Autonomous Region, offers significant tax incentives and preferential policies for registered investment holding companies. This domicile does not reflect the firm's primary deal-sourcing geography — most operational and industrial activities remain anchored in Sichuan, where New Hope Group is headquartered — but is a structural choice common among Chinese corporate investors seeking regulatory advantages.