On September 2, DEEPEXI TECH fell 6.13% in regular trading, trading at 33.88 HKD/share, with turnover of 36.03 million HKD. The decline extends a two-day selloff following the stock's 12.52% surge on August 31.

The pullback has driven shares below the company's recent placement price of 35.00 HKD per share, at which approximately 14.286 million new H-shares were issued on August 17, raising net proceeds of approximately 4.88 billion HKD. The stock had briefly reclaimed the placement price level during the August 31 rally.

The prior rally was catalyzed by the company's H1 interim report, which showed revenue of RMB 2.84 billion, up 115.0% year-over-year. Core AI business DeepexiOS generated revenue of RMB 2.26 billion, surging 209.2%, with AI revenue share rising from 55.3% to 79.6%. Despite achieving a Q2 single-quarter net profit of approximately RMB 30.1 million, the company's H1 adjusted net loss remained at RMB 270 million. Cumulative unfulfilled orders stood at approximately RMB 2.89 billion as of period-end.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)