HK Stock Market Move | MOBVOI (02438) rose more than 5%, with all AI products integrating DeepSeek. Core business revenue of AIGC increased significantly in the first half of last year.

MOBVOI (02438) rose more than 5%, up 5.8% as of press time, to HKD 0.73, with a turnover of HKD 5.0147 million. On the news front, MOBVOI announced that in February 2025, the company deep adapted the latest inference large model DeepSeek-R1 from DeepSeek and integrated its advanced capabilities into the company's full line of AI products, aiming to bring users a smarter and more convenient product experience. The company, in partnership with Huawei Cloud, launched the DeepSeek-R1 service based on Ascend Cloud services, bringing users a new intelligent experience. The powerful computing power of Huawei Cloud Ascend Cloud services combined with the advanced model capabilities of DeepSeek will inject new vitality into the company's products, including "Meta Island," "Wonderful Question," "Wonderful Yuan" (overseas version of LivGen), and "Magic Sound Workshop" (overseas version of DupDub). It is reported that MOBVOI is an artificial intelligence company with generative AI and voice interaction at its core. In the first half of last year, the company's total revenue was RMB 163 million, with AIGC core business revenue growing significantly to RMB 92.3 million, a year-on-year increase of 123.8%. Huaxi previously pointed out that the company has a significant first-mover advantage in the AIGC application field, and with the rapid growth of the industry space, the flywheel effect is expected to continue. It is expected that AIGC-related services will support the company's performance growth quickly, while the enhancement of AIGC capabilities is expected to synergize with the other two business lines.