Movement Alert｜DEEPEXI TECH Rises 5.09% in Regular Trading, Huawei Cloud Partnership Boosts Sentiment

Market Focus

Aug 12

On August 12, DEEPEXI TECH rose 5.09% in regular trading, trading at HKD 37.5/share, with turnover of HKD 102 million.

On the news front, Huawei Cloud and DEEPEXI TECH jointly released a data intelligence solution on August 12 in Beijing. The two parties will collaborate to build data intelligence solutions targeting intelligent manufacturing, retail, and other industries, aiming to help enterprises break down data silos and accelerate end-to-end deployment from data governance to intelligent agent applications.

The partnership announcement comes amid strong business momentum for DEEPEXI TECH. The company reported H1 revenue of RMB 284 million, up 115% year-over-year, with AI business revenue surging 209.2% to RMB 226 million. The company achieved quarterly profitability in Q2 with net profit of approximately RMB 30.1 million, marking a key inflection point. Overall gross margin improved 1.5 percentage points to 56.5%, driven by the rising contribution of high-margin AI services.

(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.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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