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Funeng Oriental (SZ 300173), a recent bull stock of lithium battery, fell sharply when it opened on December 9, with the biggest drop reaching 19.83%, approaching the daily limit. As of the close of the 9th, the share price of Funeng Oriental dropped by 15.91%.The performance in the first three quarters plummeted."Big Bull Stock" was put on file by CSRC.

In the past three months, the stock price has risen by over 150%.National business daily reporter learned that last Friday (December 6th) evening, Funeng Oriental announced that the company had received the Notice of Filing a Case from the China Securities Regulatory Commission because it was suspected that information disclosure was illegal. Although Funeng Oriental said that the above matters will not have a significant impact on the company's business activities. But obviously, the news still has an impact on investors.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.

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.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%.The performance in the first three quarters plummeted.