It was formed on 16 February 1946 by Korean Communists who had been exiled in China, later known as the Yan'an faction.
The New People's Party had more moderate positions in some issues compared with the Communist Party of Korea, therefore it was rather popular with a wide range of Korean people.
Then, on 29 July 1946, the northern members of the New People's Party and the North Korea Bureau of the Communist Party of Korea [ko] held a joint plenum of the Central Committees of both parties and agreed to merge into a single entity.
Similarly, on 23 November 1946, the southern members of the New People's Party, the remaining southern portion of the Communist Party and a fraction of the People's Party of Korea (the so-called 'forty-eighters') merged to form the Workers' Party of South Korea led by Pak Hon-yong.
This article about a Korean political party is a stub.