Liu Yonghao, the chairman of New Hope Group, talks for the first time about succession: how family businesses can delegate power and sustain themselves. College Student Talent Network, College Student Success Network.

Liu Yonghao, Chairman of New Hope Group, first talks about succession: how do family businesses divide power and continue?

"My daughter is pretty, kind, and has already started to do something for the company." Speaking of his daughter Liu Chang, there is a glimmer of pride in the eyes of Liu Yonghao, chairman of New Hope Group. Communicating with the media during the "two sessions" has been a long-standing tradition for Liu Yonghao. But this year it's different because Liu Chang, his daughter, has made her first appearance beside him. Liu Yonghao once set down a rule for Liu Chang: “no press, no media appearances, live quietly for ten years", but Liu Chang's presence now has reignited speculation about the "succession" issue at New Hope Group.