Millennium Post

Factory girl-turned-touchscreen glass supplier China’s richest woman

Dubbed as the “Queen of Mobile Phone Glass”, the 25-year-old has ousted Chan Laiwa, founder of Beijing Red Sandalwood Cultural Foundation, who was previously named China’s richest woman with total assets of $6.1 billion according to a global billionaire list by Forbes released last month.

Zhou’s firm Lens Technology’s share value surged to 78.08 yuan per share on Tuesday, jumping by the daily limit for 10 straight days since it debuted on the Growth Enterprise Market board in Shenzhen on March 18, with an offering price of 22.99 yuan per share. This morning, Lens Technology, a major Apple Inc supplier, saw its share value surge by the daily limit for the 11th day at 85. 89 yuan per share, extending the glory of the country’s richest woman, state-run Xinhua news agency reported on Wednesday. Lens Technology makes glass covers for various consumer electronic products such as smartphones,computers and cameras. Its sales revenue to Apple and Samsung reached nine billion yuan in 2014, accounting for more than 70 per cent of the company’s total revenue.

Zhou’s life is a classic rags to riches story. Born in 1970 in a small village in central China’s Hunan Province, she started working as a factory girl making glass for watches in China’s southern city of Shenzhen. In 2003, she founded her own company. Headquartered in her hometown Hunan, the company has now grown to include 10 subsidiary companies with locations all over China, and employs 60,000 people. She once told the press that she attributed her success to “hard work” and “persistence”.
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