"We made the same feed, but our investment and costs were lower, " says Liu Yongxing.
CNN: Hope Takes On the World
Older brother Liu Yongxing, the Hope Group chairman, insists agriculture will remain the focus of the conglomerate.
The first phrase of Yongxing Pier has been completed and begun trial operation.
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Liu Yongxing reckons the casualties will be the small and inefficient feed producers that control about 80% of the domestic market.
The first phrase of Yongxing Pier has completed and begun trial operation.
The restructuring split the feed-distribution business in China between the newly formed East Hope Group, owned by Liu Yongxing, and the South Hope Group, controlled by Liu Yonghao.
Liu Yongxing is the chairman of the East Hope Group.
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