Wang Qiang is the formal name of the beauty Wang Zhaojun.
Tips
history
嫱 is not used independently in modern Chinese. It named a rank of palace woman just below a consort and survives chiefly in 妃嫱 (consorts and court ladies) and in the name 王嫱, i.e. Wang Zhaojun.
register
Classical / literary only — seen in old histories and poetry such as Du Mu's 阿房宫赋, not in everyday speech.
The 女 (woman) radical on the left carries the meaning: 嫱 is a title for a palace woman. Same radical as other women's-title words like 妃 consort and 嫔 concubine.
Right side 啬 is the sound element here (the same phonetic in 墙 and 蔷), shifting to qiáng. It carries no 'stingy' meaning — it is purely the sound tag for this court-title word.