Forbes China 2021 China Outstanding Business Women List

    For many people, 2020 will be an extremely difficult year, and it is also true for women. According to the UN Women’s report, due to the impact of the COVID-19 epidemic, women’s work in housework and home care has increased significantly. The resulting loss of employment and education opportunities may set the global gender equality work 25 years back. The female business elites who are at the core of decision-making may be under more pressure.


In 2020, while the spread of COVID-19 will test the global supply chain system, the global industrial transformation and upgrading will accelerate, and the new industrial structure is being reconstructed. Under the epidemic, the changes in people’s work, life, and consumption patterns and habits have spawned new models and new businesses such as “cloud life” and “home economy”. Driven by the integration of the material world, the digital world and human beings, the changes in production, consumption, and related methods will always challenge the leadership of corporate decision-makers.
As innovation has gradually become a new kinetic energy and new engine for the high-quality development of domestic enterprises, and more and more technologically innovative enterprises have landed on the Science and Technology Innovation Board, this year, Forbes China has introduced for the first time while focusing on measurement indicators such as business scale and quality. Innovation dimension, quantitative analysis and comprehensive ranking of candidates. The list not only pays attention to the wealth created by the companies controlled by female executives, but also pays attention to the role they play in the company and the influence they bring to the growth of the company.
The average age of the 100 on the list this year is 50 years old, more than half have a master’s degree or above (including MBA), a quarter of the list has overseas education experience, and the total market value of the enterprises under management exceeds 12 trillion yuan. Geographically, Shanghai and Beijing are the cities with the most on the list.
Ms. Wang Laichun, the 54-year-old chairman of Luxshare Precision, won the first place in the “List of Outstanding Business Women in China” for the first time this year. This former Foxconn female worker left to start her own business after working in the Foxconn Thread Assembly Division for nearly 10 years. Leading enterprises from the initial foundry of cable connectors, to standard followers and then to setters, Luxshare has entered the forefront of global high-speed connection interface technology, with new products for old customers, new markets for old products, and new customers. The strategy is to expand the business to consumer electronics, communications, automotive electronics and other fields. Products involve core parts, module design, development and manufacturing, and system assembly. Its intelligent automated manufacturing leads the industry. Wang Laichun attaches great importance to the medium and long-term planning of the enterprise, and leads the team to absorb new industries and new technologies and make quick decisions and implementations. As an important supplier of Apple’s supply chain system, Luxshare Precision serves Apple’s multi-category components and system assembly. It is the main supplier of AirPods, and its market share increased to 70% in 2019. AirPods sales continue to rise and the demand for connectors driven by 5G+ new energy sources will help its net profit in 2020 to exceed 7 billion yuan, a year-on-year increase of over 50%, and its total market value is nearly 400 billion yuan. Luxshare Precision’s R&D investment exceeding RMB 10 billion in the past three years is undoubtedly an important reason for enhancing the company’s continued competitiveness.
Compared with last year, this year’s list of women in business has 46 new faces. Among them, medicine and health is the industry with the most new women on the list. The outbreak of the epidemic has allowed more innovative biomedical companies to quickly enter the global perspective, and CanSino Bio is one of them. Ten years ago, Mao Huihua bid farewell to the easy and comfortable life in the United States, and returned to China with a group of friends to establish Cansino, and personally took charge of the quality management and international registration of vaccines. In March 2020, the recombinant new coronavirus vaccine (adenovirus vector) developed by Cansino and the team of Academician Chen Wei of the Academy of Military Sciences was the first to start clinical trials in China, and was also the first to publish clinical trials in the internationally renowned medical journal “The Lancet”. , Candidate vaccine for Phase II data. At present, CanSino’s COVID-19 vaccine has entered Phase III clinical trials in Mexico, Pakistan and other countries.
Throughout the list, the TMT field is second only to the medical and health industry with the largest number of people on the list. Li Ni, vice chairman and chief operating officer of Bilibili, is one of them. Li Ni led the team to continuously innovate in terms of brand, content, and commercialization, and successfully created the bilibili New Year’s Eve party, “After the Wave”, “Into the Sea” and other projects, becoming an important driving force to promote the continuous out of the B station brand and user growth. In the third quarter of 2020, the number of monthly active users of station B increased by 54% year-on-year to 197 million, and advertising revenue rose by 126% year-on-year. The company’s share price has doubled nearly five times in the past year, and its market value has exceeded 270 billion yuan.
In 2020, a “Sister Riding the Wind and Waves” program will make “Her Consciousness” and “Her Value” receive widespread attention and heated discussions. At the moment when the “black swan” suddenly drops, changes and opportunities coexist, sisters with “her leadership” such as empathy and resilience will also lead Chinese companies to continue to ride the waves.