弥富科技部分数据存在矛盾，研发人员持续流失

Core Viewpoint - Yifu Technology (Zhejiang) Co., Ltd. is focused on the research, production, and sales of key components for automotive fluid pipeline systems and other plastic parts, and is currently applying for an IPO [1] Group 1: Company Overview - Yifu Technology specializes in automotive fluid pipeline systems, including quick connectors, valves, and plastic products suitable for electric vehicles, traditional fuel vehicles, and energy storage [1] - The company is in the process of applying for an IPO, indicating growth and potential investment opportunities [1] Group 2: Historical Context - The chairman, Qiuqiang, and actual controller, Liugui, established a company named "Senle Biotechnology (Jiaxing) Co., Ltd." in July 2020, which was previously known as "Yifu Biotechnology (Zhejiang) Co., Ltd." before a name change in March 2024 [1] - The products of the former company included beverages that were later reported for mislabeling, raising questions about the company's past operations [2] Group 3: Research and Development - The company has increased its R&D investment during the reporting period, highlighting the importance of innovation to remain competitive [4] - However, there is a noted decline in the number of R&D personnel, from 39 in May 2024 to 30 by mid-2025, indicating potential challenges in talent retention [4] Group 4: Construction Projects - In 2024, Yifu Technology signed a construction contract with Zhejiang Shanchang Construction Co., Ltd. for a project to expand annual production capacity of water temperature sensors, with a contract value of 14.2023 million yuan [5] - The project was reported to be in the process of execution, but discrepancies were noted regarding the completion of project acceptance and the status of the contract [5] Group 5: Production Capacity - The company has increased its injection molding machines from 13 at the end of 2022 to 28 by the end of 2024, reflecting a significant expansion in production capacity [8] - Despite the increase in machinery, the theoretical working hours for injection molding only increased by approximately 20%, suggesting inefficiencies in capacity utilization [8]