HK Stock Market Move | DEEPEXI TECH (01384) has risen over 14%. The company has officially reached a profitability turning point, with AI revenue in the first half of the year more than doubling year-on-year.

DEEPEXI TECH (01384) rose over 14% again this morning, with its stock price having increased by more than 30% since its earnings report. As of the time of writing, it is up by 14.13%, priced at HKD 39.9, with a trading volume of HKD 142 million. On the news front, recently, DEEPEXI TECH announced its interim results for 2026. Thanks to the upgrade of its FastAGI enterprise-level artificial intelligence solution to the DeepexiOS AI-level enterprise operating system platform solution, the company's revenue has surged significantly, reaching RMB 284 million during the reporting period, a year-on-year increase of 115%. Among this, AI business revenue grew by 209.2% year-on-year to RMB 226 million. Overall gross profit was RMB 160 million, up 120.5% year-on-year, with the gross profit margin rising from 55.0% to 56.5%. Notably, DEEPEXI TECH achieved a quarterly net profit of RMB 30.1 million in the second quarter, marking a formal turning point towards profitability. It is worth mentioning that during WAIC 2026, the company signed strategic cooperation agreements with Huawei Cloud, opening up the core capabilities of FastData and DeepWorks; established regional industrial AI platform cooperation with the Yueyang Lingang High-tech Industrial Development Zone and Suzhou Industrial Park's Suzhou Intelligent Connected Technology Co., Ltd.; and deepened strategic cooperation in the public utilities sector in the Middle East and Africa with ORIGEN TECHNOLOGY LLC SPC. From cloud services to regional industrial AI platform construction and overseas market expansion, DEEPEXI TECH has further streamlined the value channel from technology to application scenarios.