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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 the news, on November 15, Funeng Oriental mentioned on the investor interaction platform that its subsidiary Chaoye Precision supplied Huawei with a small amount of lithium battery production equipment; On November 25th, the company revealed on the interactive platform of investors that Chaoye Precision produces solid-state battery equipment according to the demand of customers' orders. At present, this business accounts for a small proportion of the company's total business amount, which has no significant impact on the company's performance.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.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.The performance in the first three quarters plummeted.The number of shareholders doubled in more than one month.