Step by step:
//1. As Kel has told you (+1), you need to use
//Java reflection to get the Class Object.
Class c = Class.forName("package.name.Bean1");
//2. Then, you can create a new instance of the bean.
//Assuming your Bean1 class has an empty public constructor:
Object o = c.newInstance();
//3. To access the object properties, you need to cast your object to a variable
// of the type you need to access
Bean1 b = (Bean1) o;
//4. Access the properties:
b.setValue1("aValue");
For this last step, you need to know the type of the bean, or a supertype with the properties you need to access. And I guess that you don't know it, if all the information you have on the class is a String with its name.
Using reflection, you could access the methods of the class, but in this case, you would need to know the names and the input parameter types of the methods to be invoked.
Going ahead with the example, change the steps 3 and 4:
// 3. Get the method "setValue1" to access the property value1,
//which accepts one parameter, of String type:
Method m=c.getMethod("setValue1", String.class);
// 4. Invoke the method on object o, passing the String "newValue" as argument:
m.invoke(o, "newValue");
Maybe you need to rethink your design, if you don't have all this information avalaible at runtime.