Deepexi Technology (1384) investor relations material

Executive summary

• Revenue surged 115.0% year-over-year to RMB284.0 million, driven by the upgrade and market adoption of the DeepexiOS AI-level enterprise operating system platform solution.

• Gross profit rose 120.5% to RMB160.3 million, with gross margin improving to 56.5% from 55.0% a year ago.

• Net loss narrowed sharply by 89.6% to RMB31.9 million, with adjusted net loss (Non-HKFRS) down 48.5% to RMB26.9 million.

• Q2 2026 saw a turnaround to net profit of RMB30.1 million, driven by a 326.6% sequential revenue increase.

• Significant investments in R&D and computing power supported product upgrades and market expansion.

Financial highlights

• Revenue: RMB284.0 million (up 115.0% YoY); DeepexiOS platform revenue up 209.2% YoY to RMB226.0 million, now 79.6% of total revenue.

• FastData solution revenue: RMB58.0 million (down 1.7% YoY), gross margin stable at 53.6%.

• Cost of sales increased 108.2% to RMB123.7 million, in line with revenue growth.

• Selling and marketing expenses rose 33.2% to RMB65.7 million; R&D expenses up 23.8% to RMB72.1 million.

• Administrative expenses fell 75.2% to RMB36.1 million, reflecting lower share-based payments and no listing expense.

Outlook and guidance

• Focus will remain on integrating AI models with enterprise processes, emphasizing infrastructure for data, knowledge, tools, and collaboration.

• Continued investment in refining the DeepexiOS platform and expanding scenario-based AI applications in manufacturing, retail, scientific research, and public utilities.

• Prudent approach to sector expansion and embedding agent capabilities into client systems.