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The performance in the first three quarters plummeted.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%.

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

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