DeepSeek V4 ignites the token new wave XUNCE (03317) with a quarterly surge of 300%!

On April 24th, the news of the open source of DeepSeek V4 ignited a new wave of token frenzy in the Hong Kong stock market. The core signal released by DeepSeek V4 is that large models are no longer scarce. As performance becomes more uniform and costs decrease, applications explode, scenarios become more diversified, and AI transitions from "able to use" to "deep use in multiple scenarios." Enterprise applications are accelerating towards scaled deployment, with agents, multi-tasking, and long-chain calls becoming the norm, and call frequency and complexity rising concurrently. In high-frequency call scenarios, data quality becomes a core bottleneck. General data cannot support high-precision decision-making and stable output in high-threshold domains like finance and energy. Therefore, specialized tokens have rapidly evolved from "optimization items" to "necessities," with a rigid increase in demand for calls. This is exactly the main battlefield for XUNCE (03317). XUNCE's role does not rely on large models, but is independently deployed in enterprise local systems, providing high-quality data tokens. It transforms dispersed, complex, and heterogeneous private data into standard inputs that large models can efficiently consume, enhancing the value output of each call. In the background of continuously rising call density, these "high conversion rate tokens" actually have stronger premium capabilities. Therefore, the impact of DeepSeek V4 is expansion of demand rather than replacement effects. Short-term emotional fluctuations may cause misunderstandings, but the long-term logic is clearer: XUNCE's specialized tokens are actually the biggest beneficiaries in this wave. Performance feedback has already been givenby 2025, XUNCE achieved operating income of 1.285 billion yuan, a year-on-year increase of 103.28%. In April 2026, annual recurring revenue (ARR) related to XUNCEToken calls skyrocketed by 300% month-on-month, with token fee income accounting for over 5%, and the annual target is to increase to 20%-30%. The token economy is entering an accelerated realization phase.