Core Viewpoint - The company aims to create a complete closed-loop high-speed channel for hardware innovation enterprises by integrating the entire process of PCB research and development, design, manufacturing, and PCBA assembly [1][2]. Group 1: Company Overview - Shenzhen Yibo Technology Co., Ltd. has evolved from a "design-driven" company to a comprehensive "hardware innovation platform" that connects cutting-edge design with high-quality manufacturing [2]. - The company was founded in 2003, initially focusing on high-speed PCB design and signal integrity simulation, and has since expanded its services to include PCB manufacturing, material supply, assembly, and testing [3]. - Yibo Technology has built a team of over 800 high-speed PCB designers and holds more than 400 related patents, demonstrating its leading capabilities in the industry [3]. Group 2: Business Model and Strategy - The company operates with a matrix organizational model centered around R&D projects, ensuring efficient resource allocation and project execution [4]. - Over 90% of the company's orders focus on R&D prototyping and small-batch production, resulting in a higher gross margin compared to traditional EMS manufacturers [4]. - In 2023, Yibo Technology acquired Zhuhai Yisheng PCB Factory to enhance its manufacturing capabilities, addressing previous shortcomings in PCB production [5][6]. Group 3: Operational Efficiency - The company emphasizes a 48-hour delivery requirement for its PCBA manufacturing business, with performance metrics tied to this goal [6]. - Yibo Technology has implemented an intelligent warehouse system and a self-developed component management system to ensure transparency and efficiency in material handling [7]. - The company has achieved significant technical advancements, including the ability to control impedance accuracy within ±5% and breakthroughs in back-drilling precision [7]. Group 4: Future Outlook - For the next 3 to 5 years, the company plans to strengthen its PCB R&D design team, expand high-end PCBA manufacturing capabilities, and enhance its one-stop innovation platform to serve emerging industries such as AI and renewable energy [8]. - In 2024, PCBA business is expected to account for approximately 80% of the company's overall revenue, with a projected year-on-year growth of over 30% in Q1 2025 [7][8].
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