Liu Yonghao started his career teaching at a technical school. He and his three brothers quit their jobs in the government in 1982 to invest in breeding quails and chickens to sell to farmers in Sichuan province. They then joined the animal-feed Business, and by 1992, their company Hope Group was very large. They created the Hope Group in 1992, and in 2010 it was the largest animal feed group in China.
In 2011, he told the Financial Times that he was focused on creating agricultural co-operatives to help peasant farmers industrialize their plots, and his company had set up 100 of them, and also set up underwriting companies to help peasant farmers get loans.
In 2012, Fortune chose him as one of their 15 Business people who had changed China.