决策AI公司深演智能 再次递表港交所
Zheng Quan Shi Bao·2025-12-02 12:02

Core Viewpoint - The global market is currently experiencing a surge driven by artificial intelligence (AI) technology, with the Hong Kong stock market becoming a hotspot for AI-related IPOs [1] Group 1: Company Overview - Beijing DeepBrain Intelligent Technology Co., Ltd. (DeepBrain) is a leading decision-making AI company in China, focusing on marketing and sales applications [3] - According to Frost & Sullivan, DeepBrain ranks first in the Chinese marketing and sales decision-making AI application market with a market share of 2.6% based on 2024 revenue [3] - The company has a fourth-place ranking in the overall decision-making AI application market in China, with a market share of 1.6% [3] Group 2: IPO Attempts - DeepBrain has made multiple attempts to go public, including a failed application to the New Third Board in 2016 and a withdrawal of its application to the Shenzhen Stock Exchange in 2024 after three rounds of inquiries [4] - The company submitted a new application for listing on the Hong Kong Stock Exchange on December 1, 2023, after a previous application in May 2025 expired due to not passing the hearing within six months [4] Group 3: Financial Performance - DeepBrain's revenue for 2022, 2023, and 2024 was 543 million, 611 million, and 538 million yuan, respectively, indicating a revenue decline of approximately 12% in 2024 [6] - The net profit for the same years was 59 million, 61 million, and 22 million yuan, showing a significant decline of about 64% in 2024 [6] - The decrease in performance is attributed to a downturn in the macroeconomic environment affecting revenue from domestic clients in the FMCG and traditional automotive sectors [6] Group 4: Cost Structure and R&D Investment - DeepBrain's sales costs were high, accounting for 69.1%, 68.8%, and 72.7% of total revenue from 2022 to 2024 [8] - The company has been increasing its R&D investment, with expenditures of 46.9 million, 54.1 million, and 56.3 million yuan, representing 8.6%, 8.8%, and 10.5% of total revenue during the same period [8] - The company has completed six rounds of financing, attracting investments from notable capital firms [8]