武大学姐要IPO敲钟了

Core Insights - The article highlights the success story of Zeng Fangqin, the founder of Lingyi iTech, who has led the company to become a leader in the manufacturing industry with a market value exceeding 100 billion yuan [1][2]. Company Overview - Zeng Fangqin, born in Shenzhen in 1965, graduated from Wuhan University and initially worked in a state-owned enterprise before pursuing a master's degree in the United States [2]. - In 2006, Zeng founded Lingyi iTech after leaving her executive position at a precision parts company, seizing the opportunity in the precision instrument manufacturing sector [2]. Business Development - Lingyi iTech entered Apple's supply chain in 2007, securing orders for structural components for iPhones with a quality rate exceeding 90%, and later expanded to other Apple products such as iPads and AirPods [2][3]. - The company went public through a reverse merger in July 2017, with a valuation of 20.73 billion yuan, and completed its restructuring in March 2018 to list on the A-share market [2]. Strategic Expansion - Post-IPO, Lingyi iTech adopted an aggressive acquisition strategy, acquiring several domestic companies to enhance its assembly capabilities and expanding into international markets by acquiring global charger manufacturer Salcomp [3]. - Recognizing the low margins in pure OEM work for Apple, Lingyi iTech began diversifying into the automotive supply chain in 2021, investing 38 million yuan to acquire Zhejiang Jintai and subsequently acquiring Jiangsu Keda and Zhejiang Xianglong for products related to electric vehicles [3].