DEEPEXI TECH Shares Surge Over 8% in Afternoon Trading on Launch of First Government Service AI Employee

Stock News
04/29

DEEPEXI TECH (01384) experienced a significant rise of over 8% during afternoon trading. At the time of writing, the stock was up 4.65%, trading at HKD 50.9 with a turnover of HKD 285 million. The surge follows news that on April 28, Zhongguancun Fengtai Park, in collaboration with DEEPEXI TECH, unveiled "Feng Xiaozhi," the nation's first AI employee for government services. This launch represents a major step forward in the intelligent and precise delivery of government services and park management at Fengtai Park. As the core technology provider for the project, DEEPEXI TECH utilized its self-developed DeepClaw enterprise foundational AI agent to equip "Feng Xiaozhi" with genuine operational capability and professional expertise, propelling governmental AI from a supportive tool to a substantial form of digital productivity. Analysis from Guotai Haitong Securities indicates that DEEPEXI TECH focuses on delivering enterprise-grade large language model AI application solutions. Its core business includes the Deepexi enterprise LLM and the FastAGI enterprise AI agent platform. The company is benefiting from the cost-effectiveness of open-source foundational models and the growing demand for intelligent solutions across various industry sectors, leading to a rapid acceleration in its revenue growth.

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