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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 number of shareholders doubled in more than one month.[What pants set what pants must have a reason! 】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.

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.[What pants set what pants must have a reason! 】