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On the evening of October 25th, Funeng Oriental announced its third-quarter results, saying that its revenue in the first three quarters of 2024 was about 475 million yuan, a year-on-year decrease of 53.46%. The net profit attributable to shareholders of listed companies was about 6.77 million yuan, a year-on-year decrease of 82.49%; The basic earnings per share was 0.0092 yuan, a year-on-year decrease of 82.51%.On the evening of December 6th, Funeng Oriental announced that it had received the Notice of Filing a Case from China Securities Regulatory Commission. Because the company was suspected of violating laws and regulations in information disclosure, China Securities Regulatory Commission decided to file a case against the company according to the Securities Law of People's Republic of China (PRC), the Administrative Punishment Law of the People's Republic of China and other laws and regulations.According to public information, Funeng Oriental is mainly engaged in research and development, production, sales and service of high-end intelligent manufacturing equipment such as lithium battery automatic production equipment, as well as precision die-cutting product processing, IDC data storage and operation services. The largest shareholder of the company is Foshan Investment Holding Group Co., Ltd., and the actual controller is Foshan SASAC.

In the news, on November 15, Funeng Oriental mentioned on the investor interaction platform that its subsidiary Chaoye Precision supplied Huawei with a small amount of lithium battery production equipment; On November 25th, the company revealed on the interactive platform of investors that Chaoye Precision produces solid-state battery equipment according to the demand of customers' orders. At present, this business accounts for a small proportion of the company's total business amount, which has no significant impact on the company's performance.According to public information, Funeng Oriental is mainly engaged in research and development, production, sales and service of high-end intelligent manufacturing equipment such as lithium battery automatic production equipment, as well as precision die-cutting product processing, IDC data storage and operation services. The largest shareholder of the company is Foshan Investment Holding Group Co., Ltd., and the actual controller is Foshan SASAC.In the past three months, the stock price has risen by over 150%.

In terms of stock price trend, since September this year, the share price of Funeng Oriental has generally shown a shock rise. From September 6 to December 6, the share price of Funeng Oriental has soared by over 150% in three months. Among them, the cumulative increase in the share price of Funeng Oriental in November was as high as 83.08%. After entering December, the company's share price rose more slowly than the previous month.The number of shareholders doubled in more than one month.The performance in the first three quarters plummeted.