DEEPEXI TECH Surges Over 7% in Morning Trade as AI Business Revenue Jumps 209.20% to 226 Million Yuan

Deep News08-04

DEEPEXI TECH (01384) surged over 10% during morning trading, and as of press time, shares were up 7.30%, trading at 34.98 Hong Kong dollars with a turnover of 106 million Hong Kong dollars.

The company's recent interim results showed a significant revenue increase, driven by the upgrade of the FastAGI enterprise-grade AI solution to the DeepexiOS AI-level enterprise operating system platform. During the reporting period, total revenue reached 284 million yuan, a year-on-year increase of 115%. Notably, AI business revenue surged 209.2% year-on-year to 226 million yuan.

According to the announcement, the company's adjusted net loss narrowed by 48.5% year-on-year, while the total loss shrank by 89.6% year-on-year. Looking at the second quarter's standalone performance, the company has already achieved quarterly profitability, with a net profit of approximately 30.1 million yuan.

The high-margin AI business revenue share continued to climb, driving the company's first-half gross profit to 160 million yuan, a 120.5% year-on-year increase. This pushed the overall gross margin up by 1.5 percentage points from 55.0% in the same period of 2025 to 56.5%.

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