HK Stock Market Move | DEEPEXI TECH(01384) rose over 9% and signed a investment cooperation agreement with the Yueyang Lingang High-tech Zone Management Committee to build a regional industrial AI service platform.

DEEPEXI TECH (01384) surged more than 9%, up 9.25% as of the time of publication, to HK$36.14, with a trading volume of HK$66.0837 million. On the news front, recently, DEEPEXI TECH announced that the company has signed a "Yuesheng Industrial AI Platform Investment and Cooperation Agreement" with the Management Committee of Yueyang Lingang High-tech Industrial Development Zone. According to the cooperation agreement, the two parties plan to establish a strategic cooperation relationship around the "Yuesheng Industrial AI Platform Project", and promote the scene landing, demonstration application, and service cooperation of the company's enterprise big models, enterprise intelligent agents, and AI-level enterprise operating systems based on the industrial foundation, port logistics, park operation, and government-enterprise collaboration scenes of Yueyang Lingang High-tech Zone. It is expected that the DEEPEXI TECH Yueyang Regional Operation Service Center will invest approximately RMB 200 million, aiming to build a regional industrial AI service platform and operation based on regional industrial resources, focusing on the construction of data fusion intelligent base, big model training platform, model service platform, intelligent agent platform, industrial intelligence platform, and innovation center capabilities to support enterprise access, industry model development, and AI application deployment. Specific cooperation content, implementation arrangements, cost arrangements, and delivery standards will be agreed upon by both parties or relevant implementing entities through the successive signing of special agreements, project contracts, service contracts, or other legal documents based on the actual progress of cooperation.