登云股份业绩预亏股价承压，子公司信披违规收警示函

Core Viewpoint - Dongyun Co., Ltd. (002715) has announced a projected net loss of 13 million to 18 million yuan for 2025, marking a shift from profit to loss year-on-year [1] Group 1: Stock Performance - In the past 7 trading days, Dongyun's stock price has declined from 17.61 yuan to 16.99 yuan, resulting in a cumulative drop of approximately 3.5%, with a trading range fluctuation of 14.36% [2] - On February 13, the main capital outflow was 2.2165 million yuan, while retail investors saw a net inflow, indicating a turnover rate of 1.68%, putting short-term pressure on the stock price [2] Group 2: Financial Report Analysis - The anticipated loss for 2025 is primarily attributed to the underperformance of the gold mining business, which is being gradually divested to focus on the core automotive parts sector [3] - The latest financial report indicates a net loss attributable to shareholders of 6.2376 million yuan for Q3, reflecting a deterioration in profitability [3] Group 3: Institutional Perspectives - Market attention towards Dongyun is generally moderate, with neutral sentiment and a low proportion of fund holdings, and no new research reports covering the company [4] - Industry reports suggest that the 2026 automotive trade-in policy may boost sector demand; however, Dongyun's weak fundamentals indicate a lack of short-term catalysts [4]