Billionaire Profile
Liu Hanyuan
Global Rank
#391

Image: Public domain | via Wikimedia Commons

Liu Hanyuan

CEO, Tongwei Group
CN
Real-Time Net Worth
$8.6B
As of December 2025
Age
61
Source
Agribusiness, new energy
Industry
energy
Citizenship
CN

Biography

Liu Hanyuan, born in 1964, is a prominent Chinese entrepreneur and the chairman of Tongwei Group. With a net worth of $8.6 billion as of late 2024, Liu's wealth stems from his ventures in agribusiness and new energy. His career began in aquaculture, founding Tongwei Group in 1992, which became a world leader in aquatic feed production. Recognizing the potential of the photovoltaic industry, Liu diversified into solar energy in 2006, transforming Tongwei into a vertically integrated enterprise. Liu's achievements include being recognized as one of China's most influential business leaders and contributing to the sustainable development of renewable energy. He is also a philanthropist.

Wealth Over Time

In-Depth Profile

Early Life

Liu Hanyuan was born in Meishan, China, in 1964. Growing up in a peasant family, he developed an interest in aquaculture during his high school years. After graduating, Liu started his fish farming business at the young age of 19. Though he faced initial setbacks, he persevered, researching fish farming technology for seven months, which led to rapid development in his ponds.

Rise to Success

In 1992, Liu founded Tongwei Group, initially focusing on the production and distribution of fish feed. The company quickly became the world's largest fish feed manufacturer. In 2004, Tongwei went public, marking a significant milestone. Recognizing the burgeoning photovoltaic industry, Liu diversified into solar energy in 2006. By 2013, Tongwei became a leading producer of high-purity silicon, essential for solar panels. Under his leadership, Tongwei has become a fully integrated PV enterprise.

Key Business Strategies

Liu focused on diversification, which proved to be a key asset for the Tongwei Group. His business empire expanded beyond energy, with interests in food, real estate, construction, and media. Tongwei adopted a unique 'aquatic fishing plus PV energy' model, combining its agriculture business with its energy business. PV power stations were placed over aquaculture ponds to generate electricity, creating a synergistic and efficient approach. The company also focused on R&D, spending around 2.5 billion RMB in 2022 to enhance its solar technology and expand production capacity.

Philanthropy

Liu has a strong sense of social responsibility. Through Tongwei's charitable foundations and social programs, Liu has supported educational initiatives, poverty alleviation projects, and disaster relief efforts across China. The Tongwei Group has funded the building of photovoltaic power generation systems in uninhabited areas in Qinghai and Tibet. Tongwei has also provided financial assistance to over 2,000 students and teachers in Sichuan through its Hope Project Award Fund and donated to Sichuan Agricultural University for the construction of lecture halls.

Career Milestones

1992

Founded Tongwei Group

Established Tongwei Group as an aquatic feed company.

2004

Tongwei Goes Public

Tongwei Group went public on the Shanghai Stock Exchange.

2006

Entered the PV industry

Diversified into the photovoltaic (PV) industry.

2013

Leading Silicon Producer

Tongwei became a leading producer of high-purity silicon.

2023

Daughter Becomes CEO

Liu's daughter, Shuqi, became chairman and CEO of Tongwei Co., the main listed business of Tongwei Group.

Philanthropy & Social Impact

Environmental

Photovoltaic Power Generation Systems

$XB

Funding the building of photovoltaic power generation systems in uninhabited areas in Qinghai and Tibet

Education

Hope Project Award Fund

$XB

Provided financial assistance to over 2,000 students and teachers in Sichuan

Education

Sichuan Agricultural University Donation

$XB

Donated to Sichuan Agricultural University for the construction of lecture halls.