A type of new interesting loop algebra M (M = 1,2,…)
with a simple commutation operation just like that in the loop algebra 1
is constructed. With the help of the loop algebra M,
a new multicomponent integrable system, M-AKNS-KN hierarchy, is worked out. As reduction cases, the M-AKNS hierarchy and M-KN hierarchy are engendered, respectively. In addition, the system 1-AKNS-KN, which is a reduced case of the M-AKNS-KN hierarchy above, is a unified expressing integrable model of the AKNS hierarchy and the KN hierarchy. Obviously, the M-AKNS-KN hierarchy is again a united expressing integrable model of the multicomponent AKNS hierarchy (M-AKNS) and the multicomponent KN hierarchy(M-KN). This article provides a simple method for obtaining multicomponent integrable hierarchies of soliton equations. Finally, we work out an integrable coupling of the M-AKNS-KN hierarchy.© 2003 American Institute of Physics.