江门女首富又要IPO了

Core Viewpoint - The article highlights the remarkable journey of Zeng Fangqin, the CEO of Lingyi iTech, who built a "hundred billion precision manufacturing" empire over nearly 20 years, emphasizing her significant contributions to the precision components industry and her recent IPO plans [3][4][8]. Company Overview - Lingyi iTech, with a market value of 95 billion, is preparing for an IPO on the Hong Kong Stock Exchange, showcasing its growth and Zeng Fangqin's status as a leading female entrepreneur in China [3][4]. - The company has established itself as a key player in the precision components sector, particularly in the consumer electronics supply chain, with over 60% of its revenue coming from Apple-related businesses [7][10]. Financial Performance - Lingyi iTech's revenue for 2022-2024 is projected to be 34.5 billion, 34.2 billion, and 44.3 billion respectively, with net profits of 1.57 billion, 2.02 billion, and 1.76 billion during the same period [10]. - In the first nine months of 2025, the company achieved a revenue of 37.59 billion, with a notable increase in quarterly earnings, indicating a strong growth trajectory [10]. Strategic Acquisitions - The company has made strategic acquisitions to enhance its market position, including the 21.5 billion acquisition of Saierkang Group and the 11.2 billion acquisition of two automotive parts factories from Flex, which expanded its customer base and production capabilities [11]. - Following these acquisitions, Lingyi iTech's global service points increased from 12 to 28, and its overseas revenue share rose from 35% to 60% by 2024 [11]. Future Growth Initiatives - Zeng Fangqin is focusing on the robotics sector, particularly bipedal robots, with plans to invest at least 200 million annually over the next three years to become a top player in the field [11][12]. - The company has formed strategic partnerships to enhance its capabilities in robotics, indicating a commitment to diversifying its product offerings and exploring new growth avenues [12]. Industry Context - The article also discusses the rise of female entrepreneurs in China, with Zeng Fangqin being part of a broader trend of women leading successful companies in various sectors, including technology and manufacturing [14][16]. - The success stories of female leaders like Zeng Fangqin, Zhou Qunfei, and Wang Laichun illustrate the potential for women to break through barriers in traditionally male-dominated industries [15][16].