Qunfei Zhou

Founder, CEO, and Chairwoman of Lens Technology

Business Leaders 🇳🇬 Nigeria

Zhou Qunfei is a Chinese billionaire businesswoman who founded Lens Technology, a major supplier of glass and ceramic components for consumer electronics worldwide. Rising from extreme poverty in rural Hunan province, she built a multi-billion dollar empire, becoming the world's richest self-made woman. Her company is a critical supplier for global tech giants like Apple, Samsung, and Tesla, revolutionizing precision manufacturing in the electronics industry.

Biography

Early Life and Background

Zhou Qunfei was born on March 13, 1970, in Xiangxiang, a rural town nestled in the Hunan province of China. Her childhood was marked by severe poverty, a common reality in rural China during that period. Tragically, her mother passed away when Zhou was just five years old, leaving her to be raised primarily by her father. Her father, a former soldier, had suffered a devastating industrial accident that left him partially blind and missing a finger. Despite his physical limitations, he was renowned in their village as an exceptionally skilled craftsman, capable of intricate work such as weaving bamboo baskets and repairing watches. This early exposure to meticulous craftsmanship, coupled with her father's resilience and perseverance in the face of adversity, profoundly influenced Zhou. She grew up in a humble, one-room house and often contributed to her family's meager income by herding buffalo. Despite her clear intellectual aptitude, the dire financial circumstances of her family meant that her formal education was prematurely cut short. At the tender age of 16, driven by an unwavering ambition to alleviate her family’s financial burdens and seek greater opportunities, she made the significant decision to leave her village and journey to Shenzhen, a rapidly developing special economic zone in Guangdong province, which was then a magnet for economic migrants.

Education

Zhou Qunfei's formal education was notably brief and primarily vocational. After her relocation to Shenzhen in 1986, she briefly attended a vocational school. However, the immediate and pressing need to earn a living quickly took precedence over her academic pursuits. Her most substantial education came not from traditional schooling but through diligent self-study and hands-on practical experience. While enduring long hours working in various factories, she dedicated her limited free time to acquiring crucial knowledge and skills that would prove indispensable for her future entrepreneurial ventures. She assiduously taught herself a range of practical subjects, including the principles of accounting, advanced computer operations, and the complex procedures of customs processing. This self-directed learning demonstrated her exceptional intelligence, remarkable discipline, and strategic foresight, enabling her to comprehend and manage various critical facets of business operations long before she established her own companies. Her profound ability to independently absorb and effectively apply complex information compensated for her lack of a traditional higher education, making her a powerful example of self-reliance and continuous, practical learning.

Career

Zhou Qunfei's remarkable career commenced in 1986, shortly after her arrival in Shenzhen. She secured her first job at a small watch glass factory, where her initial monthly wage was a meager 16 Hong Kong dollars. Despite the demanding conditions and low pay, she quickly distinguished herself through her extraordinary diligence, meticulous attention to detail, and an innate understanding of manufacturing processes. Her ambition, however, extended far beyond being merely an employee. In 1993, at the age of 23, fueled by a desire for greater autonomy and efficiency in production, she pooled her hard-earned savings of HK$20,000 and, with the crucial support of her family members, established her first independent company. This modest workshop, operating out of a rented flat in Shenzhen, specialized in screen printing watch parts. Her hands-on management style and unwavering commitment to product quality swiftly earned her a reputable standing within the nascent industry.

The early 2000s marked a pivotal turning point in her career trajectory. Recognizing the explosive growth potential of the burgeoning mobile phone industry, Zhou Qunfei strategically shifted her company's primary focus from watch glass to manufacturing high-quality glass screens for mobile phones. Her persistence and foresight were richly rewarded when her company secured a crucial contract to produce glass screens for Motorola's iconic Razr V3 flip phone, a device that achieved global sensation and redefined mobile aesthetics. This significant success opened numerous doors to other major international electronics manufacturers.

In 2007, with a visionary anticipation of the revolutionary impact of touchscreens and advanced display glass, Zhou Qunfei officially founded Lens Technology Co., Ltd. (蓝思科技), headquartered in Liuyang, Hunan province. Under her astute leadership, this company rapidly ascended to become a global leader in the design, research and development, manufacturing, and sales of high-precision glass, sapphire, and ceramic components specifically tailored for consumer electronics. Lens Technology's client roster grew to include virtually every major technology company worldwide, notably supplying glass for Apple's iPhones, iPads, and Apple Watches, as well as components for Samsung, Huawei, Tesla (for automotive dashboards), LG, Microsoft, Nokia, and Amazon. Her unwavering commitment to innovation, stringent quality control, and highly efficient, large-scale production enabled Lens Technology to dominate a highly specialized and critical segment of the global electronics supply chain. Under her guidance, the company pioneered and refined advanced techniques for chemical strengthening, optical coating, and precision cutting of glass, thereby setting new industry standards. Her career trajectory stands as a remarkable narrative of identifying nascent market opportunities, executing calculated risks, and relentlessly pursuing manufacturing excellence on a global scale.

Major Achievements

Zhou Qunfei's career is punctuated by a series of extraordinary achievements that have firmly established her as one of the most influential business figures globally. Firstly, she is widely recognized as the world's richest self-made woman, a prestigious title she first attained in 2015 following the highly successful initial public offering (IPO) of Lens Technology. Her personal net worth, primarily derived from her substantial ownership stake in Lens Technology, has consistently placed her among the wealthiest individuals globally, an astonishing feat given her humble origins and lack of inherited wealth. Secondly, the founding and successful scaling of Lens Technology stands as her paramount entrepreneurial achievement. From a modest workshop in 1993, she meticulously built a multi-billion dollar publicly traded company that now employs hundreds of thousands of people and has fundamentally revolutionized the precision glass manufacturing industry. Lens Technology's IPO on the Shenzhen Stock Exchange on March 18, 2015, was a landmark event, raising significant capital and solidifying its dominant market position. Thirdly, Zhou Qunfei has been a pioneer in the field of high-precision glass manufacturing for consumer electronics. She possessed the foresight to recognize the critical and growing role of high-quality, durable, and aesthetically pleasing glass in the nascent era of smartphones and touchscreens. Her company developed and perfected groundbreaking techniques for producing chemically strengthened glass, advanced anti-reflective coatings, and intricate 3D shaped glass, which quickly became indispensable components for leading technology products worldwide. Her innovations directly contributed to the sleek designs, enhanced durability, and superior user experience of modern electronic devices. Fourthly, her entire journey exemplifies extraordinary resilience and unwavering perseverance. Having overcome extreme poverty, the early loss of her mother, and numerous significant professional challenges, she meticulously built her immense fortune through sheer grit, strategic acumen, and an unyielding work ethic. Her remarkable ability to navigate the complex and intensely competitive landscape of global manufacturing, consistently securing and maintaining lucrative contracts with the world's most demanding tech giants, profoundly underscores her exceptional business acumen and foresight. Finally, Zhou Qunfei's inspiring story serves as a powerful role model for aspiring entrepreneurs and women in business globally, particularly across Asia. She transformed herself from a factory worker earning a pittance into the visionary leader of a global enterprise, powerfully demonstrating that with unwavering determination and astute strategic insight, seemingly insurmountable barriers can indeed be overcome. Her profound impact extends far beyond mere financial success, influencing manufacturing processes, fostering technological innovation, and setting new benchmarks for quality and efficiency in the technology supply chain.

Personal Life

Zhou Qunfei's personal life reflects the same dedication, pragmatism, and hands-on approach that define her professional endeavors. She has been married twice. Her first marriage concluded in divorce, and from this union, she has a daughter. Her daughter reportedly holds a management position within Lens Technology, indicating a continuation of the family's involvement in the business. Her second marriage is to Zheng Junlong, who was a former colleague from her earlier factory days. Zheng Junlong is also a significant figure within Lens Technology, serving as a director and holding a substantial stake in the company. Together, Zhou Qunfei and Zheng Junlong have a son. The family maintains a relatively private profile despite their immense wealth, preferring to focus their energies on the continuous operations and strategic growth of Lens Technology. Zhou is widely known for her distinctive hands-on management style. Even as the Chief Executive Officer of a multi-billion dollar global corporation, she is frequently observed on the factory floor, personally inspecting production lines, engaging directly with engineers, and meticulously overseeing product development. This extraordinary attention to detail and a deep, intrinsic understanding of the manufacturing process is a hallmark of her leadership. She has often been described as a workaholic, dedicating exceptionally long hours to the strategic development and operational excellence of her company. While she maintains residences in both Hunan province, where Lens Technology's primary operations are situated, and Hong Kong, her life is largely centered around her demanding business. Her net worth is a subject of considerable public interest, fluctuating with dynamic market conditions and the performance of Lens Technology, but it consistently places her among the top self-made billionaires globally, with estimates typically ranging from US$6 billion to US$10 billion. She is not known for ostentatious displays of wealth; rather, her primary focus remains steadfastly on the strategic direction, operational efficiency, and continuous innovation of her pioneering company.

Legacy

Zhou Qunfei's legacy is profoundly multifaceted, extending far beyond her personal wealth to significantly impact the global manufacturing landscape and serve as an enduring inspiration for future generations. Her most significant and undeniable contribution is the establishment and phenomenal growth of Lens Technology, which has evolved into an indispensable and critical component of the global electronics supply chain. By mastering the intricate art of high-precision glass manufacturing, she directly enabled the creation of the sleek, durable, and visually stunning devices that are the hallmarks of the modern technological era. Without the pioneering work of companies like Lens Technology, the ubiquitous smartphone, tablet, and smartwatch, as we understand them today, might not exist in their current sophisticated forms. Her extraordinary life story is a powerful testament to the unyielding entrepreneurial spirit and the transformative potential of relentless hard work and visionary insight. Rising from the depths of extreme poverty in rural China to become the world's richest self-made woman, Zhou Qunfei embodies the quintessential 'Chinese Dream' and serves as a potent symbol of upward mobility achieved through sheer determination and strategic acumen. She has profoundly inspired countless individuals, particularly women, to pursue ambitious business ventures and to courageously challenge traditional gender roles within historically male-dominated industries such as manufacturing and technology. Furthermore, Zhou Qunfei has left an indelible mark on global manufacturing processes and technological innovation. Under her visionary leadership, Lens Technology consistently pushed the boundaries of what was technologically possible with glass, sapphire, and ceramic materials, developing and refining advanced techniques for chemical strengthening, precise cutting, sophisticated optical coating, and intricate 3D shaping. These groundbreaking innovations have not only served the demanding consumer electronics market but have also significantly influenced other industries requiring high-tolerance material processing, such as the automotive and medical device sectors. Her unwavering commitment to research and development and a philosophy of continuous improvement has set new, elevated benchmarks for quality, efficiency, and innovation in high-volume, precision manufacturing globally. Her enduring legacy is one of profoundly transforming an entire industry, empowering individuals through her example, and vividly demonstrating the immense power of human ingenuity and indomitable resilience.

Career Timeline

1970 – Present

Birth

Born on March 13, 1970, in Xiangxiang, Hunan province, China, into extreme poverty.

1986 – Present

Moved to Shenzhen and First Job

Watch Glass Factory

Left her village at 16 to work in a watch glass factory in Shenzhen, earning a meager wage.

1993 – Present

Founded First Company

Screen Printing Workshop

Established her first independent company, a screen printing workshop for watch parts, with HK$20,000 in savings and family support.

2000 – 2007

Pivoted to Mobile Phone Screens

Various companies

Shifted focus to manufacturing glass screens for mobile phones, securing a major contract for Motorola's Razr V3.

2007 – Present

Established Lens Technology

Lens Technology Co., Ltd.

Founded Lens Technology, specializing in high-precision glass, sapphire, and ceramic components for consumer electronics, quickly securing major clients.

2015 – Present

Lens Technology IPO and Richest Self-Made Woman

Lens Technology Co., Ltd.

Lens Technology went public on the Shenzhen Stock Exchange, leading to Zhou Qunfei being recognized as the world's richest self-made woman.

2024 – Present

Continued Leadership and Expansion

Lens Technology Co., Ltd.

Continues to serve as CEO and Chairwoman of Lens Technology, overseeing its global operations and expansion into new technologies and markets.

Related Profiles