DeepSeek advances IPO preparations, plans to submit listing application as early as end of year

Odaily reports that DeepSeek, a leading domestic large model company, has officially initiated IPO preparations, with the earliest possibility of submitting its listing application within 2026. According to disclosures, the company is currently working with accounting firms to organize its financial data and plans to complete the full set of financial reports by the end of December, which is a core prerequisite for submitting an IPO application. The overall application timeline is set between the end of 2026 and early 2027. Previously, DeepSeek completed a large Pre-IPO round of financing, with its valuation rising significantly, and has continued to increase investment in computing infrastructure and large model iterations. The implementation of this IPO preparation also signals that the domestic open-source large model赛道 may soon welcome a heavyweight listed company. As of now, the company has not yet confirmed the listing venue or fundraising plans.