Movement Alert|DEEPEXI TECH Rises 5.49% in Regular Trading, MIIT AI Application Service Provider Policy and Strong Mid-Year Earnings Continue to Drive Momentum

Market Focus
Sep 04

On September 4, DEEPEXI TECH rose 5.49% in regular trading, trading at HK$36.4/share, with turnover of HK$37.22 million. The rally was driven by a dual catalyst: the Ministry of Industry and Information Technology recently released a new policy to cultivate AI application service providers, under which DEEPEXI TECH was designated as a representative enterprise in the midstream data intelligence platform layer, while the company's robust interim results continued to fuel investor enthusiasm.

In the first half of the year, the company reported revenue of RMB 284 million, up 115% year-over-year. Its core AI business, DeepexiOS, generated RMB 226 million in revenue, surging 209.2% and now accounting for 79.6% of total revenue. Gross profit rose 120.5% to RMB 160 million, with gross margin improving 1.5 percentage points to 56.5%. Notably, the company achieved a quarterly profit turnaround in Q2, posting net income of approximately RMB 30.1 million. Outstanding orders of approximately RMB 289 million as of the end of the reporting period provide further visibility for second-half growth.

(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.)

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