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专题:滴普科技港股IPO:企业级AI公司三年累亏24亿

  来源:瑞恩资本RyanbenCapital

  2025年4月15日,滴普科技股份有限公司DeepexiTechnologyCo.,Ltd.(下称"滴普科技”)在港交所递交招股书,拟在香港主板上市。滴普科技为香港第18C章特专科技公司上市章节生效以来按此章节递表的第七家特专科技公司。

  滴普科技招股书链接: 

  https://www1.hkexnews.hk/app/sehk/2025/107298/documents/sehk25041501907_c.pdf

  滴普科技,成立于2018年,专注为企业提供前沿的人工智能解决方案,助力企业大规模高效整合数据、决策及运营。滴普科技凭借AI-Ready的FastDataFoil数据融合平台及Deepexi企业级大模型平台两大基础设施,实现Agentic人工智能应用在企业的部署及实施。

  根据弗若斯特沙利文的资料,于2024年按收入计,滴普科技是中国企业级大模型人工智能应用解决方案市场中排名第一位的大模型人工智能应用解决方案专业提供商,同时,公司是中国首批构建AI-Ready数据融合平台的大模型人工智能应用解决方案专业提供商。滴普科技的自有大模型是业界首个完成深度合成算法及生成式人工智能服务双重监管备案的通用企业运营决策大模型。

  滴普科技已经实现了在多个垂直行业的规模商业化落地,包括消费零售、制造、医疗及交通等。截至2024年12月31日,公司为全球各行业累计245名企业用户提供服务,其中复购客户81名,占客户群的33.1%,显示公司高度的客户黏性及客户满意度。

  滴普科技的收入来自销售FastData企业级数据智能解决方案、FastAGI企业级人工智能解决方案,分别于2019年及2023年开始商业化。

  FastData企业级数据智能解决方案

  利用公司自有的AI-Ready的FastDataFoil数据融合平台,FastData解决方案使企业能够高效地治理结构化、非结构化、半结构化等多模态数据,构建高质量知识库。通过将企业的多模态数据(如知识、文文件、图集、公式)实现标准化统一治理,在数据与业务营运之间搭建纽带,提升了数据获取及处理的灵活性、敏捷性和准确性,减少了数据开发工作和成本,同时大幅提升了数据分析效率和业务响应速度。此外,其为模型训练及微调及Agentic人工智能应用提供分词数据输出,同时也为商业智能及分析应用提供数据输出。

  FastAGI企业级人工智能解决方案

  基于公司的Deepexi企业级大模型平台,FastAGI解决方案为各行各业的企业提供多场景的Agentic人工智能应用,包括消费零售、制造、医疗、交通等。在商业运营领域,FastAGI增强了数据及知识检索能力及外部服务集成,为业务人员实现精细化运营、动态资源优化及智能决策提供端到端支持。在制造领域,FastAGI涵盖了行业标准知识图谱构建、文档及图集检索、设计辅助和智能设计审查等关键领域,促进了高效协作和提升精确度及设计质量。此外,其能优化工艺路线生成、参数推荐及质量问题解决方案,显著提高工艺设计效率和质量控制。

  为进一步优化算力层部署,滴普科技推出了已内置FastAGI的一体化平台Fast5000E。通过在接口兼容、算力调度、引擎适配等各方面的优化,Fast5000E将软件和硬件之间的协同效应最大化,从而提高FastAGI在企业部署的经济性和可实现性。

  股东架构

  招股书显示,滴普科技在香港上市前的股东架构中,采用不同投票权架构,赵杰辉先生、杨磊先生为一致行动让,每股可投5票,其他股东每股可投1票,不同投票权架构将在上市前一日时终止。

  赵杰辉先生在上市前,有权行使34.95%股份附带的64.17%的投票权。

  管理层

  滴普科技董事会由9名董事组成,包括:

5名执行董事:赵杰辉先生(创始人、董事会主席、首席执行官)、杨磊先生(联合创始人、产品及解决方案团队(PSST)总裁)、李强博士(首席运营官)、曹连飞先生(销售及服务体系执行总裁)、石宜女士(职工代表董事,人力资源体系总裁);

1名非执行董事:王正浩先生(兴投(北京)资本总经理);

3名独立非执行董事:杨红霞博士(香港理工大学教授)、孔宪光博士(西安电子科技大学教授、智能制造与工业大数据技术研究中心主任)、张杰龙先生(G7易流物联科技首席财务官)。

  除执行董事外,高管包括薛更磊先生(财务运营中心总经理)、红乐女士(董事会秘书、联席公司秘书)。

  公司业绩

  招股书显示,在过去的2022年、2023年、2024年,滴普科技的营业收入分别人民币1.00亿、1.29亿和2.43亿元,相应的净亏损分别为人民币6.55亿、5.03亿和12.55亿元。

  中介团队

  滴普科技是次IPO的中介团队主要有:

  中信证券、民银资本、国泰君安、浦银国际、交银国际为其联席保荐人;

  安永为其审计师;

  海问为其公司中国律师;

  高伟绅为其公司香港及美国律师;

  汉坤为其公司券商律师;

  金杜(香港)为其券商香港律师;

  浦银国际为其合规顾问;

  弗若斯特沙利文为其行业顾问。

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