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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.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 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%.

National business daily reporter learned that last Friday (December 6th) evening, Funeng Oriental announced that the company had received the Notice of Filing a Case from the China Securities Regulatory Commission because it was suspected that information disclosure was illegal. Although Funeng Oriental said that the above matters will not have a significant impact on the company's business activities. But obviously, the news still has an impact on investors.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.In the past three months, the stock price has risen by over 150%.

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".