中经记者 庄灵辉 深圳报道 实控人因涉嫌非法吸收公众存款罪被逮捕后不久，登云股份（002715.SZ）再因监管警示引发市场关 注。 日前，广东证监局决定对登云股份及相关责任人采取出具警示函措施，主要因登云股份对子公司担保事 项未及时提交董事会审议，也未及时履行信息披露义务。因同一事项，深交所也向登云股份及相关责任 人下发监管函。 为保障相应3400万元借款承担连带责任保证的追偿权，登云股份转让北京黄龙相应股权时，提出由北京 黄龙以所持汉阴黄龙30%的股权作质押，于相应股权转让协议签署当日，与公司同步签订《股权质押合 同》并办理标的股权质押登记手续；益科正润则承诺在股权转让协议签署时向登云股份出具《不可撤销 反担保书》，无条件为登云股份相应连带责任保证提供反担保。 业绩再度转亏 登云股份于2021年收购北京黄龙，切入黄金矿采选等相关领域。不久前，登云股份明确要继续深耕汽车 零部件行业。 《中国经营报》记者注意到，登云股份近年来业绩有所承压。2023年度，登云股份归母净利润一度扭 亏，但此后呈下滑态势。2025年度，登云股份预计归母净利润将再度由盈转亏。 担保事项延迟信披 经监管查明，2025年4月27日及7月1 ...

Core Viewpoint - The company is facing significant pressure in its valve export business due to the complex and changing international economic environment, prompting a strategic decision to divest from its gold mining operations to focus on its core business [1] Group 1: Business Strategy - The company plans to transfer 75% of its stake in Beijing Huanglong Jintai Mining Co., Ltd. to its affiliate Yike Zhengrun Investment Group Co., Ltd. for a consideration of 137 million yuan [1] - After the transaction, the company will retain a 25% stake in Beijing Huanglong, but it will no longer be included in the company's consolidated financial statements [1] Group 2: Financial Implications - The divestment is aimed at ensuring the healthy and sustainable development of the company by enhancing the competitiveness of its core business [1] - The company anticipates challenges in managing both the valve business and the gold mining operations simultaneously, given the current international situation and its asset status [1]

Group 1: Company Development Plans - The company aims to strengthen its valve business and expand the reserves and production scale of its gold mining operations to enhance profitability [1][2][3] - The establishment of a production base in Thailand is currently progressing steadily [2][3] Group 2: Financial Performance and Projections - The company reported a significant increase in sales revenue for its electromagnetic valve products, with a growth of 920.56% in 2024 compared to 2023 [3] - The first quarter of 2025 showed a decline in overall net profit due to increased management and R&D expenses, despite effective cost control in raw materials [3][4] Group 3: Investor Relations and Transparency - The company will fulfill its information disclosure obligations regarding any potential restructuring or asset injection plans [1][4] - The company has clarified that the 300 million yuan loan taken at the beginning of the year will be drawn in phases based on actual funding needs [2][4] Group 4: Industry Context and Market Trends - The automotive industry, particularly the commercial vehicle sector, is experiencing growth, with production and sales increasing by 14.5% and 11.2% respectively in the first quarter of 2025 [3] - The company’s automotive parts business saw a year-on-year growth of 5.07%, aligning with industry trends [3]