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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%.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.

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.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.The number of shareholders doubled in more than one month.

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%.The number of shareholders doubled in more than one month.