On September 25, DEEPZERO fell 5.11% in regular trading, trading at 415.0 HKD/share, with turnover of 7.5588 million HKD. The stock extended its decline for a second consecutive session following the announcement of a proposed stock split.

On September 24, the company announced that its board of directors has proposed to subdivide each existing issued H-share with a par value of RMB 1.00 into 10 shares with a par value of RMB 0.10 each. The registered capital will remain unchanged at approximately RMB 90.68 million, while the total number of shares will increase to approximately 907 million. The proposal is scheduled to be reviewed at a second extraordinary general meeting on October 14.

The stock has pulled back significantly from its early September highs, with consecutive sessions of weakness. Notably, shares had previously rallied on multiple positive catalysts, including inclusion in the Hang Seng Composite Index and HKEX Tech 100 Index, a strategic partnership with Deloitte Consulting, and strong interim results showing revenue growth of 43.6% and net profit growth of 125.2%. The current retreat follows a period of elevated valuations after the stock appreciated substantially since its May listing.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)