Actually,
Goldmund themselves acknowledge that some of the parts originate from Pioneer:
GOLDMUND - Newsletter - September 2005
They just forgot to mention the extent of their work was the case, transformers, front panel plastic buttons, RCA / power plugs, and wiring.
This has been going on with many manufacturers of audio equipment so they can have an entry-level CDP in their range. But, never have I seen such illarious uplift in the retail price?!? Aluminum is that expensive in Switzerland? ...
Edit: an even older newsletter announcing the SRDVD product (but is it even what we're talking about here?) mentions about <<... using Goldmund circuit to playback CDs with highest sound quality.>>
GOLDMUND - Newsletter - August 2003
Which Goldmund player's guts we're looking at here?
Edit: even the most basic player they offer has SACD feature, which does not appear to be mentioned on the pioneer front panel:
GOLDMUND - Products - SRCD3
I am doubting if these pics from the goldmund are authentic now... Original poster, what are your sources? A competitor to Goldmund ?

arnaud.