深圳跨界女王，不做第二，只做唯一

Core Viewpoint - The article highlights the success stories of three prominent female entrepreneurs in China's Apple supply chain, focusing on their wealth accumulation and business strategies, particularly emphasizing the journey of Zeng Fangqin, the founder of Lingyi IOT, as she transitions the company into new industries such as AI and automotive [6][8][10]. Group 1: Entrepreneurial Background - Zeng Fangqin, born in 1965 in Shenzhen, graduated from Wuhan University and later obtained a master's degree in multinational management from the University of Houston [10][12]. - After working in a state-owned enterprise, she pursued studies in the U.S., where she gained valuable experience in manufacturing before founding Lingyi IOT in 2006, initially focusing on precision cutting parts for mobile manufacturers like Nokia [13][15]. Group 2: Business Development and Strategy - Lingyi IOT entered Apple's supply chain in 2008, leveraging its technological advancements and cost advantages to produce components for various Apple products, including iPhones and Apple Watches [19][27]. - The company adopted a "buy and build" strategy, acquiring other firms to enhance its capabilities, including a reverse merger to go public in 2018, which significantly increased its market value [27][28]. Group 3: Diversification and Future Plans - To reduce dependency on Apple, Lingyi IOT has expanded into the automotive sector, acquiring companies like Zhejiang Jintai and Jiangsu Keda to enter the electric vehicle supply chain [28][30]. - The company is also investing heavily in the robotics sector, aiming to become a leading manufacturer in embodied intelligence hardware, with plans to invest at least 200 million yuan annually over the next three years [36][39]. Group 4: Industry Position and Vision - Zeng Fangqin views the robotics industry as a significant opportunity for China's manufacturing sector, likening its current state to the early days of smartphones, and aims to position Lingyi IOT as a key player in this emerging market [39]. - The company is preparing for a listing on the Hong Kong Stock Exchange to secure additional funding for its ambitious growth plans [39].