DEEPEXI TECH Shares Surge Over 7% in Early Trading, Set to Showcase Upgraded AI Platform at Major Conference

Stock News07-17

Shares of DEEPEXI TECH (ASX: 01384) rose more than 7% in early trading, extending a three-day rally of over 30%.

At the time of writing, the stock was up 3.78% to HK$42.32, with a turnover of HK$71.62 million.

Key Catalysts for the Move

The company is set to present its newly upgraded DeepWorks Enterprise AI Agent Platform at the 2026 World Artificial Intelligence Conference (WAIC), which opens in Shanghai.

Founder, Chairman, Executive Director, and CEO Zhao Jiehui is scheduled to deliver a speech at the event, sharing the company's insights and practical experience in implementing industrial AI.

Recent Strategic Agreement

Earlier this month, the company entered into an investment cooperation agreement with the Management Committee of Yueyang Lingang High-tech Industrial Development Zone.

The two parties plan to establish a strategic partnership centered on the "Yuesheng Industrial AI Platform Project."

The total scale of the project is estimated to be approximately 500 million yuan, with DEEPEXI TECH's regional operation and service center in Yueyang expected to invest around 200 million yuan.

The investment will focus on building key capabilities including a data fusion intelligent base, a large model training platform, a model service platform, an AI agent platform, an industrial intelligence platform, and an innovation center.

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