New stock news | Di Di Technology (01384) oversubscribed by over 7590 times, ranking first in the history of the Main Board of the Hong Kong Stock Exchange

Chinese enterprise-level large-scale artificial intelligence (AI) application provider Dipu Technology (01384) started its IPO from October 20th to 23rd. According to market sources, the subscription multiple of Dipu Technology has exceeded 7590 times, involving HK$272.1 billion, with 239,000 subscribers, making it the top oversubscribed listing on the main board of the Hong Kong Stock Exchange. Dipu Technology has applied for listing under Chapter 18C of the Listing Rules as a technology company, planning to issue 26.632 million H shares, with 5% offered for public sale in Hong Kong at a price of HK$26.66 per share, raising HK$7.1 billion. Each board lot of Dipu Technology consists of 200 shares, with an entry fee of HK$5385.8. Dipu Technology is expected to start trading on October 28th, with CITIC SEC, CMBC CAPITAL, GUOTAI JUNAN I, PU YIN INTERNATIONAL, and BOCOM INTL as joint sponsors. According to the prospectus, Dipu Technology focuses on providing enterprise-level large-scale AI application solutions for companies, helping them integrate data, decision-making, and operations on a large scale efficiently. Dipu Technology's FastData Foil data fusion platform and Deepexi enterprise-level large-scale model platform constitute the two major infrastructure elements, enabling the deployment and implementation of intelligent applications in enterprises. Based on revenue projections for 2024, Dipu Technology ranks fifth in the Chinese market for enterprise-level large-scale AI application solutions, with a market share of 4.2%. Dipu Technology's solutions help companies in various industries optimize decision-making, enhance operational efficiency, and increase productivity. The company has commercially deployed solutions in multiple vertical industries, including consumer retail, manufacturing, healthcare, and transportation. As of June 30, 2025, the company has served a total of 283 enterprise users across various industries, with 94 repeat customers accounting for 33.2% of the customer base, demonstrating a high level of customer loyalty and satisfaction.