Zeng Fangqin manages to accumulate millionsthanks to its successful management in Lingyi Technologya company whose parts are essential for giants like Apple and Huawei. These components are key for both companies to lead the global technology market, standing out for their innovation and quality in each of their devices.
Zeng, after starting his career in Silicon Valley, returned to China and began leading Lingyi Technology, where he promotes the development of Precision electronic products used in phones, tablets and computersHis focus on efficiency and advanced technology allowed him to transform the company into a pillar for major global brands, consolidating its position in the competitive technology market.
Zeng Fangqin, the billionaire with a strong presence in the electronics business
This businesswoman was born in China and from a young age he showed an inclination towards the business world. He studied in his country before making the leap abroad, specifically to Silicon Valley, where he gained experience in the competitive technology sector. There, he developed a strategic vision which he would later take with him to face the great challenge of his professional career.
Upon returning home, Zeng began working at Lingyi Technology, a company specializing in the manufacture of precision electronic components. Under her leadership, the company not only prospered, but became one of the most important companies in the field, working with industry giants such as Apple and Huawei. This success catapulted it into the international recognition.
One of its major milestones was the listing of Lingyi Technology on the Shenzhen Stock Exchange in 2018. Thanks to its focus on global expansion and continuous innovation, it managed to generate large revenues for the company, consolidating the company as a key player in the electronics industry.
In addition to her business success, Zeng is recognized for her ability to anticipate market trends, which allowed her to keep Lingyi at the forefront of the sector, offering solutions that adapt to the most demanding technological demands in times where technology is key in the daily lives of millions of people around the world.
How much is Zeng Fangqin’s fortune, according to Forbes
At 58 years old, Fangqin has a fortune that amounts to $4.2 billion, According to Forbes, under his leadership, Lingyi Technology recorded impressive financial growth. In 2022, the company reported operating income of more than 34.485 billion RMBrepresenting an increase of 13.49% compared to the previous year. Net profit also grew by 35.25%, reaching the 1.596 billion RMB.
By 2023, the company maintained its upward trend, with operating income exceeding 15.289 billion RMB in the first half of the year and a growth of 159.29% in net profits attributed to shareholders, underscoring Zeng’s ability to keep the company competitive in the global marketplace.
Source: Ambito
