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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.In the past three months, the stock price has risen by over 150%.More than 80,000 investors are stunned! The "big bull stock" was suddenly put on file and its share price plummeted by more than 15%! It has soared 150% in the previous three months.

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%.According to the data of official website, Funeng Oriental Equipment Technology Co., Ltd. was founded in 1997 and listed on Shenzhen Stock Exchange in 2011. Its stock name is "Funeng Oriental" and its stock code is "300173".Funeng Oriental said on the investor interaction platform on November 8 that the main business of Guangdong Funeng Big Data Industrial Park Construction Co., Ltd., a subsidiary of the company, is IDC data storage and operation services, and does not involve the research and development of artificial intelligence.

It is worth noting that as of November 29, the number of shareholders of Funeng Oriental was 89,574, while on October 18, the number of shareholders of the company was only 39,438. In other words, in just over a month, the number of shareholders of Funeng Oriental has increased by over 50,000.Funeng Oriental said on the investor interaction platform on November 8 that the main business of Guangdong Funeng Big Data Industrial Park Construction Co., Ltd., a subsidiary of the company, is IDC data storage and operation services, and does not involve the research and development of artificial intelligence.In the past three months, the stock price has risen by over 150%.