Zeng is the chairwoman of Lingyi iTech Guangdong, an electronics components maker in China. The Jiangmen-based business makes magnets for use in the production of smart phones, tablets and household appliances. It has production bases in 10 countries and reported revenue of 51.4 billion yuan ($7.2 billion) in 2025.
Zeng is the chairwoman of Lingyi iTech Guangdong, a magnetic materials maker in China. The Jiangmen-based business has production bases in more than 10 countries, according to the company's website.
She owns a 58% stake directly and through Lingsheng Investment, according to its March 2026 filing. About 6% of her stake is pledged and removed from the calculation.
The value of her cash holdings is based on an analysis of stock transactions, dividends, taxes and market performance.
Guo Rui, a spokesperson for the company, didn't respond to a request for comment on the net worth calculation.
Born in 1965, Zeng worked in different industries including fishing and moulding, before founding LY Intelligent in May 2006 in Shenzhen, according to the company's 2018 annual report.
Clients include Apple, Huawei, OPPO and Vivo, according to the company's acquisition report.
The electronic component maker has established seven production bases in China and has more than 20,000 employees, according to the company's website. It began trading publicly in Shenzhen through a reverse merger in 2018.