DeepSeek valuation exceeds 350 billion RMB

Odaily Planet Daily News A recent investment progress announcement by Kaishun Co., Ltd. on the evening of the 16th unexpectedly revealed the latest market valuation of the leading domestic artificial intelligence company "DeepSeek." Based on the data in the announcement, DeepSeek's valuation after this round of financing has climbed to approximately 351 billion RMB. A reporter from a source close to DeepSeek confirmed that with the completion of this financing round, the company has now begun preparations for a second round of financing. However, whether it will seek a listing on the STAR Market (科创板) by the end of the year has not yet been determined. (Shanghai Securities News)