滴普科技通过聆讯，2025年上半年营收同比增长118.4%，毛利率升至55%

Core Insights - Dipo Technology has successfully passed the Hong Kong Stock Exchange hearing, accelerating its listing process as a specialized technology enterprise under Chapter 18C [1] - The company reported a robust revenue growth, achieving RMB 132 million in the first half of 2025, a year-on-year increase of 118.4% compared to 2024, with a compound annual growth rate of 55.5% from 2022 to 2024 [1] - The gross margin improved significantly from 29.4% in 2022 to 54.4% in 2024, further rising to 55.0% in the first half of 2025, indicating an ongoing enhancement in profitability [1] - Dipo Technology has served 283 medium to large enterprise clients, with 94 repeat customers, showcasing its strong market penetration and client quality across various sectors [1] Business Model and Solutions - The company provides services to leading enterprises in various verticals, allowing for deeper insights into industry-specific challenges, making its solutions more attractive to new clients [2] - Dipo Technology's core products include the FastData Foil data integration platform and the Deepexi enterprise-level model platform, which help businesses efficiently integrate data and enhance operational decision-making [2] - The company emphasizes a "technology serves business" approach, which is crucial for addressing enterprise needs and overcoming business challenges [2][3] Competitive Advantage - Dipo Technology's commitment to commercializing technology development forms a solid foundation for its competitive advantage and future growth [3] - The company has developed comprehensive capabilities in data engineering, model engineering, and application engineering, enabling it to provide high-availability and high-control large model solutions [3] - The integration of multi-modal data governance and semantic mining supports the creation of high-quality industry fusion data, essential for building powerful enterprise-level models [3] Market Environment - The national push for deep integration of artificial intelligence with the real economy creates significant development opportunities for the enterprise AI market [4] - Dipo Technology's focus on Data+AI aligns with national strategies for industrial intelligence upgrades, benefiting from policy incentives and market opportunities [4] - Successful listing on the Hong Kong Stock Exchange is expected to broaden financing channels and accelerate technological iteration and market expansion [4][5]