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At noon on December 4, Funeng Oriental announced that the company's plan to acquire the equity of China Southern Power Grid Integrated Energy (Foshan) Co., Ltd. was in progress, and the formal Equity Transfer Agreement had not been signed, so the implementation process was uncertain.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.Although Funeng Oriental said in the announcement that the company's current operating conditions are normal, the above matters will not have a significant impact on the company's operating activities. But obviously, the news still has an impact on investors.

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.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.

In the past three months, the stock price has risen by over 150%.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.