cryptocurrencies facts, Top

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

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."Big Bull Stock" was put on file by CSRC.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.

The performance in the first three quarters plummeted.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.