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]