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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%.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".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.

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.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.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.

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.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.