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女首富做VC

周佳丽 2026-07-03 10:52
周佳丽 2026/07/03 10:52

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这篇文章核心讲述了蓝思科技掌门人周群飞从打工妹逆袭为湖南女首富,并且布局创投圈押注前沿科技的经历,整理核心干货如下:

1. 核心人物经历:周群飞1970年出生,从流水线女工主动接手玻璃厂创业,创办蓝思科技后拿下摩托罗拉、苹果等大客户订单,2015年登陆创业板,2025年完成A+H上市,当前市值超3000亿,个人财富达1350亿元,成为湖南首富。

2. 投资布局模式:周群飞采用个人+集团双线投资模式,个人投资灵活低调,集团投资做战略卡位和产业协同,独创先用产品验证再投资的模式,已经投出跨维智能等多只硬科技独角兽。

3. 行业整体趋势:当下多位实业出身的中国富豪都将资金从房地产、传统制造业转向AI、具身智能等前沿科技,集体押注中国科技未来,这种产融结合的路径对普通人也有参考意义。

本文为实体品牌企业提供了产业布局、资本运作的多维度参考,核心干货如下:

1. 品牌增长路径参考:蓝思科技从单一玻璃加工起步,深耕技术满足大客户标准,绑定苹果、特斯拉等头部国际大客户,不断拓展产品线覆盖多智能领域,通过A+H上市做大品牌市值,打造了3000亿市值的制造品牌,给实体品牌扩张提供了可借鉴的样本。

2. 产业投资协同模式:蓝思科技先让科技企业的产品落地到自身产线,验证效果后再进行投资,既完成了自身产线的智能化升级,又通过投资卡位前沿赛道,实现产业和资本的互相促进协同增长。

3. 未来方向提示:当前产业增量都集中在前沿科技领域,实体品牌的富余资金可布局硬科技赛道,提前绑定下一代技术,寻找新的增长曲线,摆脱传统领域的增量瓶颈。

本文揭示了当前实体结合创投的新趋势,给创业卖家带来了机会、路径层面的多维度参考,核心干货如下:

1. 赛道机会提示:当前AI、具身智能、芯片半导体、脑机接口等前沿硬科技赛道是实业资本重点押注的方向,相关赛道的创业卖家更容易获得资本支持,迎来新的增长机会。

2. 拿融资可借鉴路径:硬科技创业卖家可以先对接实体制造企业落地产品,验证技术落地效果再对接投资,像跨维智能先给蓝思供应传感器和模型落地产线,获得信任后拿到数亿元投资,这种模式远比对接纯财务资本更容易成功。

3. 方向调整提示:当前房地产、传统制造业增量已经见顶,实业资本都在转移方向,卖家可以顺势调整业务布局,对接产业资本的需求,获得更多资源和增长空间。

本文给传统制造工厂带来了产业升级、拓展增长曲线的多维度参考,核心干货如下:

1. 生产端升级机会:前沿智能技术已经落地制造产线,跨维智能的仿真模型和视觉传感器已经在蓝物产线完成工件无序分拣、精密柔性装配,可有效提升制造的精度和效率,有升级需求的工厂可对接这类成熟技术完成升级。

2. 新商业增长路径:制造工厂在做大主业积累资金和产业资源后,可以参考周群飞的模式,采用个人+集团双线投资布局前沿科技,个人投资灵活低调,集团投资围绕主业做战略卡位和产业协同,既能获得投资收益,也能拓展第二增长曲线。

3. 长期发展启示:制造工厂要深耕技术,绑定头部大客户进入核心供应链,积累资金技术后可以主动拥抱前沿科技,围绕产业链拓展业务边界,实现从小工厂到千亿巨头的跨越。

本文透露出当前实体制造和创投领域的新趋势,给各类To B服务商带来了不少干货参考,核心干货如下:

1. 行业发展新趋势:越来越多实体制造企业,尤其是头部制造企业开始布局创投业务,既有作为LP出资专业基金的需求,也有直接投资项目的需求,给创投服务商、产业服务平台带来了新的客户增量。

2. 客户核心痛点:实体制造企业一方面需要找到可落地的前沿技术解决自身产线升级的痛点,另一方面需要给手中的富余资金找到安全靠谱的增值出口,核心痛点是找不到技术过关、落地性强的硬科技项目。

3. 新业务机会:服务商可以围绕AI、具身智能、芯片等前沿赛道,搭建实体企业和科技创业项目的对接平台,打造先产品落地验证再对接投资的服务模式,匹配实业资本的需求,开拓新的业务增长点。

本文呈现了当前产业资本和前沿科技结合的新趋势,给各类产业平台、创投平台带来了不少运营参考,核心干货如下:

1. 平台需求洞察:实体企业做创投,不仅需要资金对接服务,还需要产业资源整合、投后落地对接的服务,个人投资和集团投资的需求不同,平台可针对性开发分层服务产品,满足不同客户的需求。

2. 平台招商方向:平台可以重点吸引实体出身的产业资本入驻,这类资本资金储备充裕,有深厚的产业资源,偏好落地性强的硬科技项目,不仅能带来稳定的资金,还能反向给平台导入优质的硬科技项目源,丰富平台项目储备。

3. 风向规避提示:当前房地产、传统制造业的投资热度持续下降,增量空间收窄,平台可调整赛道布局方向,聚焦AI、具身智能、芯片等前沿硬科技赛道,提前布局规避传统领域的投资风险。

本文记录了中国产业界的最新动向,给产业研究、创投研究领域提供了鲜活的研究样本,核心干货如下:

1. 产业新动向:当前国内多位实业出身的顶级富豪,集体将资金从传统的房地产、传统制造业撤出,转向AI、具身智能、脑机接口、芯片半导体等前沿硬科技领域,成为推动中国硬科技发展的一股新力量。

2. 创新创投模式:当下实业资本形成了个人投资+集团投资双线并行的创新模式,个人投资灵活低调,集团投资围绕主业做战略卡位,二者互为补充;同时还诞生了先用产品落地产业验证,再投资的项目筛选模式,依托产业资源筛选项目,投资成功率远高于纯财务投资。

3. 研究启示:这种动向反映了中国产业升级的核心方向,实业资本反哺前沿科技,既解决了科技创业项目落地难的问题,也给实业资本找到了新的增值出口,其背后的产融协同机制值得研究者深入挖掘。

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Quick Summary

This article profiles Zhou Qunfei, founder and chairwoman of Lens Technology, who rose from an assembly line worker to become the richest woman in Hunan Province, and now builds a venture portfolio betting on cutting-edge technology. Key takeaways are as follows:

1. Career trajectory: Born in 1970, Zhou started as a factory worker before taking over a small glass factory to launch her own business. After founding Lens Technology, she secured major orders from leading clients including Motorola and Apple. The company went public on China's ChiNext board in 2015, completed an A+H dual listing in 2025, and now boasts a market capitalization exceeding RMB 300 billion. Zhou's personal net worth stands at RMB 135 billion, making her the wealthiest person in Hunan.

2. Investment framework: Zhou adopts a dual-track investment model combining personal and corporate vehicles. Personal investments are flexible and low-profile, while corporate investments focus on strategic positioning and industrial synergy. She has pioneered a "validate first, invest later" approach, which has already backed multiple hard-tech unicorns including Kuawei Intelligence.

3. Broader industry trend: A growing number of Chinese business founders with industrial backgrounds are shifting capital away from real estate and traditional manufacturing into cutting-edge sectors such as AI and embodied intelligence, collectively betting on China's tech future. This industry-finance integration path also offers valuable insights for individual investors.

This article provides multi-dimensional insights on industrial layout and capital operations for physical brand enterprises, with key takeaways as follows:

1. A replicable brand growth path: Starting out as a simple glass processor, Lens Technology deepened technical expertise to meet the strict standards of key clients, secured long-term partnerships with leading global brands including Apple and Tesla, and expanded its product line to cover multiple smart device segments. Through an A+H dual listing, it grew into a 3000-billion-yuan manufacturing brand, offering a replicable growth blueprint for physical brand expansion.

2. Synergistic industrial investment model: Lens Technology first integrates technology startups' products into its own production lines for on-site validation before making investment commitments. This approach delivers intelligent upgrades to its own manufacturing lines, while also allowing the company to stake out positions in cutting-edge tracks, achieving mutually reinforcing growth between industrial operations and capital investment.

3. Guidance for future positioning: Today's industry growth is concentrated in cutting-edge technology sectors. Physical brands can deploy their surplus capital into hard tech tracks, lock in access to next-generation technologies early, and unlock new growth curves to break through growth bottlenecks in traditional sectors.

This article outlines the emerging trend of integrating industrial operations with venture investment, offering multi-dimensional insights on opportunity positioning and growth paths for entrepreneurial sellers, with key takeaways as follows:

1. Track opportunity outlook: Cutting-edge hard tech tracks including AI, embodied intelligence, semiconductors, and brain-computer interfaces have become the primary investment focus of industrial capital. Entrepreneurial sellers in these sectors are far more likely to secure capital support and unlock new growth opportunities.

2. A proven fundraising path: Hard-tech entrepreneurial sellers can first partner with manufacturing enterprises to pilot and validate their technologies before seeking investment. For example, Kuawei Intelligence first supplied sensors and AI models to Lens Technology's production lines, built trust through proven performance, and ultimately secured hundreds of millions of yuan in funding. This model delivers far higher success rates than pitching pure-play financial investors.

3. Guidance for strategic adjustment: Growth in real estate and traditional manufacturing has peaked, and industrial capital is rapidly reallocating its resources. Sellers can adjust their business布局 accordingly, align their offerings with the needs of industrial capital, and unlock greater access to resources and growth space.

This article provides multi-dimensional insights on industrial upgrading and new growth curve expansion for traditional manufacturing factories, with key takeaways as follows:

1. Production-side upgrading opportunities: Cutting-edge intelligent technologies are already ready for mass deployment in manufacturing lines. Kuawei Intelligence's simulation models and visual sensors have already been implemented for disordered workpiece sorting and precision flexible assembly on Lens Technology's production lines, effectively improving manufacturing accuracy and efficiency. Factories with upgrading needs can partner with mature technology providers like this to complete transformation.

2. A new path to commercial growth: After growing core businesses and accumulating capital and industrial resources, manufacturing factories can follow Zhou Qunfei's dual-track model of combining personal and corporate investments in cutting-edge technology. Personal investments offer flexibility and a low profile, while corporate investments focus on strategic positioning and industrial synergy aligned with core businesses. This approach delivers both investment returns and unlocks a second growth curve.

3. Insights for long-term development: Manufacturing factories should deepen technical expertise, secure positions in core supply chains by partnering with leading clients, then actively embrace cutting-edge technology after accumulating capital and technical capabilities, expand business boundaries along the industrial chain, and achieve the leap from small factory to 100-billion-yuan industry leader.

This article reveals new trends in integrated manufacturing and venture investment, offering key insights for B2B service providers, with core takeaways as follows:

1. Emerging industry trends: A growing number of physical manufacturing enterprises, especially leading industry players, are building out venture investment businesses. They have demand both for committing capital as LPs to professional funds and for direct project investment, bringing new customer growth for venture service providers and industrial service platforms.

2. Core client pain points: On one hand, manufacturing enterprises need access to deployable cutting-edge technologies to solve production line upgrading pain points. On the other hand, they need safe and reliable channels to generate returns on their surplus capital. Their core unmet need is access to high-quality, deployable hard tech projects with proven technical capabilities.

3. New business opportunities: Service providers can build matching platforms connecting physical enterprises with tech startups focused on cutting-edge tracks such as AI, embodied intelligence and semiconductors, and develop a service model that delivers on-site product validation before matching investors. This approach aligns perfectly with the needs of industrial capital and unlocks new business growth.

This article outlines the emerging trend of integrating industrial capital with cutting-edge technology, offering operational insights for industrial and venture platforms, with core takeaways as follows:

1. Refined demand insight: When industrial enterprises conduct venture investment, they need not only capital matching services, but also industrial resource integration and post-investment deployment support. Personal investment and corporate investment have distinct needs, so platforms can develop tiered, targeted service products to meet different client requirements.

2. Optimized investment positioning: Platforms can prioritize onboarding industrial capital from industrial backgrounds. These investors hold abundant capital reserves, have deep industrial resources, and focus on deployable hard tech projects. They not only bring stable capital to the platform, but also can source high-quality hard tech projects to enrich the platform's project pipeline.

3. Risk mitigation guidance: Investment momentum and growth potential in real estate and traditional manufacturing continue to decline. Platforms can adjust their sector layout to focus on cutting-edge hard tech tracks such as AI, embodied intelligence and semiconductors, and mitigate investment risks in traditional sectors through early positioning.

This article documents the latest developments in China's industrial sector, providing a vivid research case for industrial and venture capital research, with core insights as follows:

1. New industrial trend: A group of top Chinese billionaires with industrial backgrounds are collectively shifting capital away from traditional real estate and manufacturing into cutting-edge hard tech sectors including AI, embodied intelligence, brain-computer interfaces and semiconductors, becoming a new driving force for China's hard tech development.

2. An innovative venture capital model: Industrial capital has developed an innovative dual-track model combining personal investment and corporate investment. Personal investments are flexible and low-profile, while corporate investments focus on strategic positioning aligned with core businesses, creating a complementary structure. In addition, the "validate on production lines first, invest later" project screening model leverages industrial resources to evaluate projects, delivering far higher investment success rates than pure financial investment.

3. Research implications: This trend reflects the core direction of China's industrial upgrading. When industrial capital feeds back into cutting-edge technology, it solves the commercialization challenge faced by tech startups while opening up new return channels for industrial capital. The industrial-financial synergy mechanism behind this shift deserves further in-depth research from academia and industry.

Disclaimer: The "Quick Summary" content is entirely generated by AI. Please exercise discretion when interpreting the information. For issues or corrections, please email run@ebrun.com .

I am a Brand Seller Factory Service Provider Marketplace Seller Researcher Read it again.

钱的流向。

作者/周佳丽

报道/投资界PEdaily

事情要从一笔融资说起。

本周,跨维智能完成10亿元B轮融资,成为具身世界模型江湖最新百亿独角兽。梳理长长的投资方名单,一个意外身影浮现——蓝思科技。

由此,身后掌门人周群飞进入VC圈视野。

1970年出生的她,凭借一片玻璃书写创业逆袭的传奇,从普通打工妹成功蜕变成执掌3000亿市值的“玻璃女王”。最近几年,她和蓝思的身影开始出现在VC圈,投出强脑科技、星海图、擎天租等一批明星公司。隐隐地,这样一群传统富豪正在把钱投向中国科技的星辰大海。

湖南女首富

投出一张隐秘版图

一经出手,便是百亿独角兽。

跨维智能是一家总部位于深圳南山的具身智能公司,创始人贾奎是香港中文大学(深圳)终身教授。2021年,他投身物理AGI探索,率队跨维智能打造了一套全栈自研的四层产品矩阵:底层DexVerse?生成式仿真具身引擎、DexSense空间智能传感器、DexBrain具身智能大脑软件、DexForce W1人形机器人本体,构建了一个完整的虚实协同技术闭环。

周群飞与跨维智能的渊源,可以追溯到2022年。那一年,跨维的仿真模型和视觉传感器就已进入蓝思产线,完成工件无序分拣、精密柔性装配。几年下来,信任在一次次交付中慢慢长了出来。

今年4月的一个早晨,周群飞到访跨维智能,参观产品后当场拍板投资。知情人士透露,周群飞此次出资规模约数亿元,系以其个人自有资金押注。“先用你的产品,再投你的公司,陪你走更远。”这种默契,在创投圈不多见。

透过跨维智能,这位制造业女掌门的隐秘版图渐渐浮出水面。

梳理天眼查信息,周群飞个人投资的主体之一是“长沙群欣投资咨询有限公司”(简称“群欣投资”)——2011年注册成立于湖南长沙,周群飞持股近98%,其丈夫郑俊龙持有剩余股份。该主体已累计发生17笔对外投资。

LP层面,群欣投资曾认缴5亿元出资上海君和同行私募基金合伙企业(有限合伙),该基金关联机构君和资本被投企业包括长鑫科技、京东方等。此外,群欣投资还出资了昆桥资本、恒邦资本。

直投上,群欣投资布局了芯爱科技、驰芯半导体、迦美信芯等芯片半导体公司,以及众山精密、佳安智能、麦睛科技、徕泽丰、达迈科技等硬科技公司。

集团层面,蓝思科技做创投更为活跃。尤其是今年,接连押注了强脑科技、星海图、擎天租、普渡科技等一批AI明星公司。今年4月底,蓝思科技还作为基石投资了可孚医疗,目前市值已超百亿港元。此外,长沙智能机器人研究院背后也有蓝思科技身影。

整体来看,周群飞做投资是个人与集团双线并行,前者灵活、低调,后者则做战略卡位和产业协同。两条腿走路,互为补充。

打工妹逆袭

缔造3000亿市值

年初,一张照片在互联网上流传开来——

北京国宴上,一位女性坐在苹果CEO蒂姆·库克和特斯拉CEO埃隆·马斯克中间,圆桌对面则是英伟达CEO黄仁勋。这位从容淡然的女企业家,正是蓝思科技董事长周群飞

“我的创业历程,就是一部心酸血泪史。”周群飞曾这样总结。

1970年,她出生在湖南湘乡一个贫困家庭,十几岁辍学谋生,南下深圳成为流水线女工。打工之余,她在深圳大学参加培训班,还学会了粤语。

人生的转折出现在1990年。她所在的玻璃厂扩建,厂长离职后出资人打算撤资。周群飞主动请缨接手,说服了出资人。多年后,她决心自己干,带着亲友在深圳租下一套三室一厅的农民房,成立“恒生玻璃表面加工厂”——蓝思科技前身。

此后,周群飞接触到手机视窗玻璃生意,慢慢有了名声。2003年,蓝思科技正式成立。“蓝思”取自“lens”的谐音,意为镜片。当时不少外国客商在网上搜索“lens”,就会找到蓝思科技。

真正让蓝思科技一战成名的,是摩托罗拉的订单,蓝思是当时第一家达到外商跌落测试要求的企业。很快,苹果也找上门来。

2006年,周群飞决定回湖南建厂,她对浏阳市领导说了一句话:“大家都说湖南人会打仗会当官,不会经商。为什么我们不能出高科技企业?我就是想争这口气。”

彼时,苹果发布第一代iPhone,触摸屏玻璃供应商正是蓝思科技。此后多年,蓝思科技深度参与苹果iPhone、Apple Watch、Mac和Apple Vision Pro等多条产品线的供应。苹果等大客户带来的收入,几乎占据了蓝思科技的半壁江山。

2015年,蓝思科技在深交所创业板上市,周群飞率队拓展新业务。如今,蓝思科技已覆盖智能手机、智能穿戴、电脑、智能汽车、智能家居等领域,产品涵盖玻璃、蓝宝石、陶瓷、金属、塑胶等材质的外观结构及功能组件。客户名单上,有华为、OPPO、vivo、小米,也有保时捷、宝马、蔚来、理想等一众知名大企业。

2025年,蓝思科技营收超740亿元,大赚超40亿元,并登陆港股实现A+H上市。今年以来,公司股价接连攀升,一度冲破3000亿元。据《2026胡润全球富豪榜》,周群飞夫妇以1350亿元财富,位列湖南首富。

中国富豪

押注下一个科技未来

一个明显趋势正在浮现:那些靠实业起家的中国富豪们,正集体把目光投向最前沿的科技赛道。

最新一幕是DeepSeek首轮融资,股东阵容中意外出现了九安医疗的身影。掌舵人刘毅是天津大学校友,白手起家缔造了如今300亿元市值的九安医疗。赚到钱后,刘毅把触角伸向创投圈。

近年来,九安医疗既做LP出资了Monolith砺思资本、济峰资本、耀途资本等十余家创投基金,也直接投资了月之暗面Kimi、阶跃星辰、智元机器人、自变量机器人等明星项目。

年初,千亿市值汇川技术的董事长朱兴明的家族办公室——明荟投资,出手了百亿具身独角兽千寻智能。投资界曾报道,明荟投资自有资金25亿元,储备产业资金100亿元,先后在脑机接口、AI计算等领域出手。

同样活跃的,还有立讯精密背后的家族办公室——立翎基金,投资了微纳核芯、中芯集成、芯联动力等科技企业。透过这只基金,能看到立讯精密女掌门王来春的身影。她把立讯精密做到市值近5000亿元,如今家族财富正流向下一代技术。

悄然间,这些手握实业经验和产业资源的中国企业家,正在告别过去的投资路径——房地产、传统制造业不再是首选,他们转而看向AI、具身智能、脑机接口、核聚变等前沿方向。不约而同的选择背后,一个共识悄然形成:

未来的增量,不在钢筋水泥里,而在数据和算法的世界里。

某种意义上,他们不仅是为自己的财富寻找出路,更是在用真金白银押注中国下一场科技未来。

注:文/周佳丽,文章来源:投资界(公众号ID:pedaily2012),本文为作者独立观点,不代表亿邦动力立场。

文章来源:投资界

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FAQ回顾

周群飞的投资布局主要涉及哪些领域?

周群飞采用个人与集团双线并行的投资模式,个人持股98%的群欣投资已累计17笔对外投资,布局芯片半导体、硬科技等赛道,蓝思科技集团则押注AI、具身智能、医疗等领域,还作为LP出资多只创投基金。

国内实业家当前的投资偏好有什么变化?

近年国内靠实业起家的企业家已告别过往优先投资房地产、传统制造业的路径,集体转向AI、具身智能、脑机接口、核聚变等前沿科技赛道,通过直投项目、出资创投基金等方式押注中国科技未来。

蓝思科技的核心业务及客户覆盖范围是怎样的?

蓝思科技主营智能手机、智能穿戴、智能汽车等领域的外观结构及功能组件生产,客户覆盖苹果、华为、小米等消费电子品牌,以及保时捷、宝马、蔚来、理想等车企,2025年营收超740亿元,已实现A+H上市。

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