2025年，大模型的热度已经从参数之争转向落地，但今年的AI行业普遍面临一个天问：产品是否真正可用？企业应用AI，真正的卡点是什么？ "人工智能在从技术高山走向应用场景的大海，产品化是未来三年的核心航向。" 在 WISE2025 商业之王大会上，滴普科技创始人、董事会主席、执行董事 兼首席执行官赵杰辉开宗明义，直指行业发展核心命题。他进一步阐释："任何一个模型在企业里面，如果不能解决复杂数据的解构、高精度的训练和知识 的建模，它只能叫一个样品，不能叫一个产品。" 如果直接把通用大模型塞进企业，就像招聘一个不懂行的新员工——它看得见图纸，却读不懂公式；听得见指令，却听不懂，也调不动数据。 11月27—28日，被誉为"年度科技与商业风向标"的36氪WISE2025商业之王大会，在北京798艺术区传导空间落地。 今年的WISE不再是一场传统意义上的行业峰会，而是一次以"科技爽文短剧"为载体的沉浸式体验。从AI重塑硬件边界，到具身智能叩响真实世界的大门； 从出海浪潮中的品牌全球化，到传统行业装上"赛博义肢"——我们还原的不仅是趋势，更是在捕捉在无数次商业实践中磨炼出的真知。 我们将在接下来的内容中，逐帧拆解这些"爽剧 ...

FF301 股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2025年11月30日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 滴普科技股份有限公司 (於中華人民共和國註冊成立的股份有限公司) 呈交日期: 2025年12月3日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | H | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 01384 | 說明 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | | 326,632,000 | RMB | | 1 RMB | | 326,632,000 | | 增加 / 減少 (-) | | | 0 | | | RMB | | 0 | | 本月底結存 | | | 326,632,000 | RMB | | 1 RMB | | 326,632,000 | 本月底法 ...

滴普科技股份有限公司 章程 （本章程經2025年第二次臨時股東會審議通過） 1 | 第一章 | 總則 | 3 | | --- | --- | --- | | 第二章 | 經營宗旨和範圍 | 4 | | 第三章 | 股份 | 5 | | 第一節 | 股份發行 | 5 | | 第二節 | 股份增減和回購 | 8 | | 第三節 | 股份轉讓 | 10 | | 第四章 | 股東和股東會 | 10 | | 第一節 | 股東 | 10 | | 第二節 | 股東會的一般規定 | 14 | | 第三節 | 股東會的召集 | 17 | | 第四節 | 股東會的提案與通知 | 18 | | 第五節 | 股東會的召開 | 19 | | 第六節 | 股東會的表決和決議 | 23 | | 第五章 | 董事會 | 27 | | 第一節 | 董事 | 27 | | 第二節 | 董事會 | 30 | | 第六章 | 獨立非執行董事 | 34 | | 第七章 | 審計委員會 | 36 | | 第八章 | 高級管理人員 | 37 | | 第九章 | 財務會計制度、利潤分配和審計 | 39 | | 第一節 | 財務會計制度 | 39 | | 第 ...

Core Viewpoint - Dipu Technology (01384) has become a focal point in the Hong Kong stock market, with its stock price surging by 9.84% to close at HKD 77, following a significant initial public offering (IPO) performance [1] Group 1: Stock Performance - The stock price of Dipu Technology increased by over 16% during trading, with a closing price of HKD 77 and a trading volume of HKD 115 million [1] - The company’s IPO saw a staggering oversubscription rate of 7569.83 times, making it the "super subscription king" of the Hong Kong main board [1] Group 2: Business Strategy and Revenue - Dipu Technology employs a dual-engine strategy of "FastData + FastAGI," focusing on standardized governance of multimodal data and the application of AI agents across various industries [1] - The FastAGI business line generated revenue of CNY 73.07 million in the first half of 2025, marking a year-on-year increase of 191.04% and accounting for 55.3% of total revenue, surpassing the FastData solutions for the first time [1] - This transition indicates that Dipu Technology has successfully evolved from a data service provider to an AI application provider, validating its technological direction [1] Group 3: Market Outlook - With the ongoing commercialization of large model applications, Dipu Technology is positioned to maintain a leading role in the enterprise AI market, leveraging its first-mover advantage and technological accumulation to create long-term value for investors [1]

Core Viewpoint - Dipu Technology (01384) has become a focal point in the Hong Kong stock market, with its stock price surging by 9.84% to close at HKD 77, following a previous increase of over 16% during the trading session, reflecting strong investor interest in enterprise-level AI applications [1] Company Summary - Dipu Technology debuted on the Hong Kong stock market as the "first stock of enterprise-level large model AI applications," with its stock price soaring over 111% on the first day and achieving an oversubscription rate of 7569.83 times during the public offering, indicating high investor confidence in the enterprise AI sector [1] - The company employs a "FastData + FastAGI" dual-engine strategy, focusing on standardizing multi-modal data governance through FastData solutions and promoting the application of AI agents across various industries via its self-developed large model platform, FastAGI [1] - In the first half of 2025, the FastAGI business line generated revenue of CNY 73.07 million, marking a year-on-year increase of 191.04% and accounting for 55.3% of total revenue, surpassing the FastData solutions for the first time, demonstrating the company's successful transition from a data service provider to an AI application provider [1] - With the ongoing commercialization of large model applications, Dipu Technology is positioned to maintain its leading edge in the enterprise AI market, potentially creating long-term value for investors [1]

Group 1 - The core point of the article is that Dipo Technology (01384.HK) experienced a significant decline in its stock price, closing at HKD 70.10, which represents a drop of 30.59% [1] Group 2 - The stock price drop indicates potential volatility and investor concerns regarding the company's performance or market conditions [1]

股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 公司名稱: 滴普科技股份有限公司 (於中華人民共和國註冊成立的股份有限公司) 呈交日期: 2025年11月4日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | H | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 01384 | 說明 | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | | 326,632,000 | RMB | | 1 RMB | | 326,632,000 | | 增加 / 減少 (-) | | | 0 | | | RMB | | 0 | | 本月底結存 | | | 326,632,000 | RMB | | 1 RMB | | 326,632,000 | 本月底法定/註冊股本總額： RMB 326,632,000 備註： 滴普科技股份有限公司的H股股份於2 ...

Core Insights - The recent IPO of Dipu Technology (stock code: 1384.HK) has set a record in the Hong Kong market with a subscription rate exceeding 7,569 times, reflecting strong investor confidence in the "enterprise-level large model AI application" sector [1] - Dipu Technology is being compared to Palantir, with a similar business model focused on "data + AI" infrastructure, indicating a strong growth potential in the Chinese market [2][5] Group 1: Business Model and Market Position - Dipu Technology's business model mirrors that of Palantir, focusing on creating a closed-loop infrastructure for data and AI, with solutions like FastData and FastAGI [2][5] - The company targets high-value industries in China's digital economy, such as manufacturing, retail, healthcare, and transportation, using leading enterprises as lighthouse clients to build industry knowledge and data [5] Group 2: Growth Trajectory - Dipu Technology is experiencing rapid revenue growth, with a projected compound annual growth rate of 55.5% from 2022 to 2024, and a significant revenue increase of 118.4% in the first half of 2025 [6][8] - The number of large clients contributing over 1.5 million yuan in annual revenue is increasing, with average revenue per large client rising from 3.8 million yuan in 2022 to 4.8 million yuan in 2024, indicating a strong platform growth trajectory [8] Group 3: Future Growth Drivers - Key growth drivers for Dipu Technology include increased penetration of FastAGI, expansion into high-value industries, a trend towards domestic alternatives for data security, and international market opportunities in Southeast Asia and the Middle East [9][10] - The company is positioned to benefit from the acceleration of digitalization in government and enterprises, the strengthening of domestic substitution trends, and the practical application of AI, supported by favorable policies from the "14th Five-Year Plan" [11]

Core Viewpoint - The article provides an overview of the latest trends in investment and financing activities in the domestic market, highlighting key sectors and significant financing events. Group 1: Investment Overview - This week, there were 109 disclosed financing events in the domestic primary market, an increase of 12 compared to the previous week. Among these, 36 events disclosed financing amounts, totaling 4.786 billion RMB, with an average financing amount of 133 million RMB [7]. - The most active sectors in terms of financing events were intelligent manufacturing, artificial intelligence, and healthcare, with 21, 16, and 13 events respectively [9]. Group 2: Sector Highlights - In terms of disclosed financing amounts, artificial intelligence led with a total financing scale of approximately 1.055 billion RMB. Notably, the bionic robot developer "Wubai Intelligent" secured nearly 500 million RMB in Series A financing [9][10]. - The healthcare sector followed with a disclosed financing total of 670 million RMB, where the medical isotope developer "Nuclear Element Innovation" received 430 million RMB in Series A financing [10]. Group 3: Regional Distribution - The disclosed financing events were primarily concentrated in Jiangsu, Zhejiang, and Guangdong, with Jiangsu reporting 24 events, Zhejiang 19 events, and Guangdong 18 events [14][17]. Group 4: Stage Distribution - The stage distribution of the disclosed financing events showed that 81 were early-stage, 24 were growth-stage, and 4 were late-stage [17]. Group 5: Major Financing Events - The article mentions significant financing events, including the acquisition of 70% of the semiconductor packaging materials manufacturer "Huawei Electronics" by Huahai Chengke for 1.12 billion RMB [35][37]. Group 6: Active Investment Institutions - The most active investment institutions this week included CRRC Capital with 4 investment events, Shenzhen Capital Group with 3, and Legend Capital with 2 [24]. Group 7: IPO Highlights - A total of 8 companies were monitored for IPOs this week, with the highest market capitalization being "Sany Heavy Industry" at 212.898 billion HKD. All listed companies had previously received VC/PE or CVC investments [28][29].

Core Viewpoint - The recent IPO of Dipu Technology (stock code: 1384.HK) has created a capital frenzy in the Hong Kong stock market, being dubbed the "first stock of enterprise-level large model AI applications" and achieving a subscription rate of over 7,569 times, setting a historical record in Hong Kong [1] Group 1: Company Overview - Dipu Technology is viewed as the "Chinese version of Palantir," with a similar business model focused on "data + AI" infrastructure [2][5] - The company's core products include FastData for data processing and FastAGI for AI model training, which are designed to support various industries with minimal human intervention [2][5] Group 2: Market Performance - Dipu Technology's stock surged over 320% in the first three trading days post-IPO, with a peak market capitalization exceeding 40 billion HKD [1] - The company is experiencing rapid revenue growth, with a projected compound annual growth rate (CAGR) of 55.5% from 2022 to 2024, and a revenue increase of 118.4% in the first half of 2025 [6][8] Group 3: Customer Strategy - Dipu Technology has established a strong customer base, serving 283 enterprise clients as of mid-2025, with 94 being repeat customers, indicating high customer retention [8] - The number of large clients contributing over 1.5 million RMB in annual revenue is increasing, with average revenue per large client rising from 3.8 million RMB in 2022 to 4.8 million RMB in 2024 [8] Group 4: Growth Drivers - Key growth drivers for Dipu Technology include the increasing penetration of FastAGI, expansion into high-value industries, and the trend of domestic substitution for data security [10][11] - The company is also exploring international markets, having initiated operations in Hong Kong and targeting Southeast Asia and the Middle East [11] Group 5: Future Outlook - Dipu Technology has significant growth potential, with a market trajectory similar to that of Palantir, which reached a peak market value of over 480 billion USD [12] - The acceleration of digital transformation in government and enterprises, along with favorable policies from the "14th Five-Year Plan," are expected to enhance the company's growth framework [12]