Core Insights - The article highlights the rise of female entrepreneurs in China, particularly focusing on Zeng Fangqin, the CEO of Lingyi iTech, who is referred to as the "Invisible Queen" in the precision manufacturing sector. The company is preparing for an IPO on the Hong Kong Stock Exchange, with a market value of 95 billion yuan [1][8]. Company Overview - Lingyi iTech, founded by Zeng Fangqin in 2006, has grown from a small factory with 80 employees to a publicly listed company with a market capitalization of 95 billion yuan [4][5]. - The company has established itself as a key player in the Apple supply chain, with over 60% of its revenue coming from Apple-related businesses, including a 70% share of the iPhone 17 Pro stainless steel frame orders [3][5]. Financial Performance - Lingyi iTech's revenue for 2022-2024 is projected to be 34.5 billion yuan, 34.2 billion yuan, and 44.26 billion yuan, respectively, with net profits of 1.57 billion yuan, 2.02 billion yuan, and 1.76 billion yuan during the same period [5][6]. - In the first nine months of 2025, the company achieved a revenue of 37.59 billion yuan, with a record quarterly revenue of 139.65 billion yuan in Q3, marking a year-on-year growth of 12.91% [6]. Strategic Expansion - The company has diversified its client base beyond Apple to include major players like Huawei and Tesla, aided by strategic acquisitions since its reverse merger in 2018 [6][7]. - Notable acquisitions include the purchase of 100% of Saierkang Group for approximately 2.15 billion yuan in 2019, which expanded its customer resources in the consumer electronics charging equipment sector [6][7]. Future Growth Initiatives - Zeng Fangqin announced a strategic focus on bipedal robots, planning to invest at least 200 million yuan annually over the next three years to become a top three manufacturer in the field [7]. - The company aims to provide a comprehensive solution for humanoid robot components, collaborating with AI robotics firms to enhance its technological capabilities [7]. Industry Context - The article emphasizes the broader trend of female entrepreneurs in China, with Zeng Fangqin's achievements paralleling those of other notable figures like Zhong Huijuan of Hansoh Pharmaceutical and Zhou Qunfei of Lens Technology, showcasing the growing influence of women in the business landscape [8][9].