← Back

Funeng Oriental Equipment Technology Co Ltd

Funeng Oriental Equipment Technology Co., Ltd. researches, develops, produces, sells, and services lithium battery automated production equipment in China and internationally. Its products include cutting and stacking machines, welding and x-ray inspection machines, packaging machines, vacuum tunnel furnaces, liquid injection machines and logistics lines, degassing and final sealing machines, EV square power assembly lines, and equipment for lithium battery production lines as well as new energy power and storage, consumer digital, and other technology batteries. The company also provides die-cutting processing products such as conductive/insulating products, double-sided adhesive products, graphene and foam products, mesh and protective film products, and heat sinks and dissipation films for bonding, isolation, conduction, protection, and heat dissipation. Additionally, it offers internet data center (IDC) data storage and operation services, including whole rack rental and bandwidth-occupied professional computer room rental services, and maintenance, monitoring, backup, and security management services. It also engages in technology installation, investment, business services, and industrial projects and park activities. Formerly known as Sotech Smarter Equipment Co., Ltd., it changed its name to Funeng Oriental Equipment Technology Co., Ltd. in August 2020. The company was founded in 1997 and is headquartered in Dongguan, China.

Price · split & dividend adjusted
News & notes moving 300173.CS
300173.CS

ST Funeng's 2026 interim report shows net loss of 66.2367 million yuan, widening year-on-year

ST Funeng released its 2026 interim report. During the reporting period, the company's total operating revenue was 258 million yuan, down 30.55% year-on-year. Net profit attributable to the parent company was negative 66.2367 million yuan, a decrease of 56.8415 million yuan compared with the same period last year, with the loss further widening. Net cash flow from operating activities was negative 14.8966 million yuan, a year-on-year decrease of 56.8415 million yuan. The company's asset-liability ratio rose to 78.99%, gross margin fell to 12.51%, ROE was negative 8.59%, and earnings per share was negative 0.09 yuan. The number of shareholders was 37,200, and the top ten shareholders held 24.84% of the total share capital.
Jiemian·22dRead more →