New Stock News | DeepTech has passed the Hong Kong Stock Exchange hearing, focusing on providing enterprise-level large model AI application solutions for businesses

According to the Hong Kong Stock Exchange's disclosure on October 12, Dipo Technology Co., Ltd. (referred to as: Dipo Technology) has passed the listing hearing on the main board of the Hong Kong Stock Exchange, with CITIC Securities, Minyin Capital, Guotai Junan International, Pudong Development Bank International, and Bank of Communications International as its joint sponsors. According to the prospectus, Dipo Technology focuses on providing enterprise-level large model artificial intelligence application solutions for businesses, helping them efficiently integrate data, decision-making, and operations on a large scale. Dipo Technology's FastData Foil data fusion platform and Deepexi enterprise-level large model platform serve as the two main infrastructures for deploying and implementing Agentic artificial intelligence applications in enterprises. Based on 2024 revenue, Dipo Technology ranks fifth in the market for enterprise-level large model artificial intelligence application solutions in China, with a market share of 4.2%. Dipo Technology's solutions help enterprises in various industries optimize decision-making, enhance operational efficiency, and improve productivity. The company has achieved large-scale commercialization in multiple vertical industries, including consumer retail, manufacturing, healthcare, and transportation. As of June 30, 2025, the company has served a total of 283 enterprise users across various industries, with 94 repeat customers, accounting for 33.2% of the customer base, indicating high customer stickiness and satisfaction. In terms of project-based business models, Dipo Technology provides two solutions based on its technological infrastructure: FastData enterprise-level data intelligence solution, based on the FastData Foil data fusion platform; and FastAGI enterprise-level artificial intelligence solution, based on the Deepexi enterprise-level large model platform. The company's solutions and platforms are built on mainstream open-source foundational models. The FastData solution provides customers with infrastructure to organize and manage structured and semi-structured business data and documents, as well as unstructured content such as engineering drawings and medical reports, generating data outputs for further artificial intelligence processing. The FastAGI solution, based on the company's Deepexi enterprise-level large model platform, assists customers in making more informed decisions and automating their business processes. The FastData and FastAGI solutions can be provided separately to customers or simultaneously to achieve synergies, with FastData organizing and preparing the necessary data for FastAGI operations. In terms of finances, for the six months ending June 30 in 2022, 2023, 2024, and 2025, the company's revenues were approximately RMB 100 million, RMB 129 million, RMB 243 million, and RMB 132 million, respectively; during the same period, the losses were approximately RMB -655 million, RMB -503 million, RMB -1.255 billion, and RMB -308 million, respectively