February 29th, in the past 2019, many rich people have encountered “Waterloo”, but some people left the scene sadly, and some returned the king, and Zhou Qunfei of Lens Technology was the latter.
The Hurun Research Institute released the “2020 Hurun Global Rich List”, which attracted attention from the outside world. A total of 14 people in Hunan were on the list, among which Zhou Qunfei and his wife ranked the top. The list shows that the wealth of Zhou Qunfei and Zheng Junlong of Lensi Technology rose by 160% to 68 billion yuan, ranking 186th in the world. In addition, despite the turmoil in 2019, Lens Technology still achieved good performance. The annual net profit is expected to be 2.452 billion yuan to 2.612 billion yuan, a year-on-year increase of 285%-310%, a record since its listing in 2015. The highest level.
With the combination of many positive benefits, the share price of Lens Technology has also risen, and Zhou Qunfei, the founder, has also been able to increase his wealth and return to the position of the richest man in Hunan. In 2019, Zhou Qunfei and her Lens Technology were repeatedly “bad-mouthed” by the outside world, were double-killed by performance valuation, and their wealth shrank by 64.5 billion!
Lens Technology is a company that “grows up with Apple”. Thanks to its backing on Apple, Lens Technology has developed rapidly. However, last year, it suffered a complete collapse in its operating performance. As of April 11, 2019, the market value of Lens Technology was 32 billion, which was a decrease of 70 billion compared with the 100 billion market value during the peak period.
Under this circumstance, Zhou Qunfei, who once won the throne of the richest woman in China with a wealth of 91 billion yuan, has only 26.5 billion yuan left, which has shrunk by 64.5 billion yuan in just a few years. Behind all this, its very embarrassing business performance cannot be avoided.
In 2018, Lens Technology delivered the worst report card. Realized operating income of 27.706 billion yuan, an increase of 16.89% from the previous year’s 23.703 billion yuan. The corresponding net profit was only 704 million yuan, compared with 2.047 billion yuan in the same period last year, a year-on-year decrease of 1.343 billion yuan, or 65.59%.
At the same time as the performance declines, Lens Technology has repeatedly issued announcements on receiving government subsidies. For a while, the outside world has also been talking about the operating status of Lens Technology. However, with the advent of the 5G era, the mid-to-high-end models of major mobile phone manufacturers have replaced glass back covers, and Lens Technology has also found new profit points.
Zhou Qunfei bet on the back cover of the 3D glass. Lens Technology continues to invest in the layout. The market has been paying attention to whether Lens Technology can take off. However, it turns out that Zhou Qunfei’s choice is very correct. Since then, many domestic mobile phones are equipped with 3D curved glass supplied by Lens Technology. As the main material of the back cover of the mobile phone, Lens Technology has regained market recognition, and 3D glass has ushered in new development opportunities for Lens Technology.
Lens Technology is one of the first companies in the industry to study 3D glass, seizing the blank period in the market and thus grabbing market share. Under this circumstance, Lens Technology’s performance rebounded and its stock price rose sharply, allowing Zhou Qunfei to regain the position of the richest man in Hunan. Next, the market demand for 3D glass will further expand, and Zhou Qunfei’s wealth will also rise. space.
As a self-made rich woman, Zhou Qunfei is already very remarkable. Now, she has clearly got rid of the predicament and led Lens Technology into a new era of development.