关联方非经营性占用资金 老牌自行车“永久”母公司中路股份被责令改正

Core Viewpoint - Zhonglu Co., Ltd. has faced regulatory scrutiny from the Shanghai Securities Regulatory Commission due to non-operational fund occupation involving its actual controller, Chen Rong, and its investment fund, Zhonglu Advantage [1] Group 1: Regulatory Actions - The Shanghai Securities Regulatory Commission issued an administrative supervision decision against Zhonglu Co., Ltd., requiring corrective actions due to a transfer of 3 million yuan to Anqing Kalafei IoT Technology Co., Ltd. without any goods or services in return [1] - The Shanghai Stock Exchange has also issued a regulatory warning to Zhonglu Co., Ltd., Anqing Kalafei, and Chen Rong [1] Group 2: Financial Performance - In 2024, Zhonglu Co., Ltd. reported a revenue of 976 million yuan, a year-on-year increase of 0.28%, but a net loss attributable to shareholders of 19.83 million yuan, marking a shift from profit to loss [1] - Zhonglu Advantage, in which Zhonglu Co., Ltd. holds a 99% stake, reported net losses of 10.29 million yuan in 2023 and 4.47 million yuan in 2024 [2] Group 3: Business Model Transition - Zhonglu Co., Ltd. has shifted its manufacturing model from primarily OEM (Original Equipment Manufacturer) to a combination of ODM (Original Design Manufacturer) and OEM, aiming to improve certification efficiency and reduce costs [3] - The company explained that under the ODM model, the production factory is primarily responsible for 3C certification, which streamlines the certification process for products [3] - The transition to ODM also helps mitigate patent infringement disputes, as the design responsibilities shift away from the company [3]