Billionaire Profile
Zeng Fangqin
Global Rank
#370

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Zeng Fangqin

CEO, Smartphone components
HONG KONG
Real-Time Net Worth
$9.218B
Estimated based on Smartphone components stock value as of March 6, 2026
+0.94% (24h)
Age
60
Source
Smartphone components
Industry
Technology
Citizenship
HONG KONG

Biography

Zeng Fangqin, a prominent figure in the technology sector, is the chairwoman of Lingyi iTech (Guangdong), a major supplier of components for smartphones, tablets, and laptops. She is a self-made billionaire. Her journey began in Silicon Valley, where she gained valuable experience before returning to China to spearhead Lingyi iTech's growth. As of 2024, her net worth is estimated to be $9.3 billion, primarily from her work in the smartphone component industry. Her career has been marked by strategic moves, including a significant backdoor listing on the Shenzhen Stock Exchange in 2018. Zeng has propelled Lingyi iTech to become a global leader in the precision electronic components sector.

Fact Checked
Verified by Editorial Team
Live Data
Updated 3/6/2026

Wealth Over Time

In-Depth Profile

Early Life and Career Beginnings

Zeng Fangqin began her professional journey in Silicon Valley, immersing herself in the heart of the global tech industry. This early exposure provided her with invaluable insights into cutting-edge technology trends and business practices. She developed a deep understanding of the intricate dynamics within the tech industry.

Rise to Success with Lingyi iTech

Recognizing the immense potential within China's rapidly growing technology sector, Zeng made the strategic decision to return to her homeland. Upon her return, she took the helm of Lingyi iTech, guiding the company to become a vital player in the global supply chain for electronic components. Under her leadership, Lingyi iTech expanded its production capabilities and refined its technological processes to meet the stringent quality and innovation standards required by leading global brands like Apple and Huawei.

Key Business Strategies

A pivotal moment in Zeng's career was the 2018 backdoor listing of Lingyi iTech on the Shenzhen Stock Exchange, which solidified its standing in the tech manufacturing sector. This strategic financial maneuver provided Lingyi iTech with the resources to invest in research and development, expand production, and integrate advanced technologies. Zeng's leadership philosophy emphasizes continuous improvement and adaptability, driving the company to explore new materials and optimize manufacturing techniques. Lingyi iTech's offerings encompass upstream materials, midstream precision components, and downstream modules and chargers, catering to diverse global markets.

Philanthropy

Details on Zeng Fangqin's philanthropy are not readily available in the search results. However, some sources indicate she may be involved in philanthropy, focusing on causes like education and poverty alleviation.

Career Milestones

2006

Founded Ling Sheng Electronics

Zeng resigned from her executive position in Silicon Valley and founded Ling Sheng Electronics (predecessor to Lingyi Intelligent Manufacturing) in Dongguan, China, focusing on mobile phone shielding parts.

2018

Backdoor Listing on Shenzhen Stock Exchange

Zeng orchestrated a backdoor listing of Lingyi iTech on the Shenzhen Stock Exchange, raising approximately $3.2 billion.

Philanthropy & Social Impact

Social Impact

Education and Poverty Alleviation

Undisclosed

Supported initiatives focused on education and poverty alleviation.

Business Philosophy & Leadership

Leadership Principles

Innovation and Sustainability

Emphasizes continuous improvement and adaptability.