DeepSeek Valuation Surpasses RMB 350 Billion

DeepFlow TechFlow reports that on July 16, an investment progress announcement released by Kuanglun Shares on the evening of the 16th unexpectedly disclosed the latest market valuation of DeepSeek, a leading domestic artificial intelligence company. Based on the figures in the announcement, DeepSeek’s post-financing valuation in this round has climbed to about RMB 351 billion. A person close to DeepSeek confirmed to a reporter that, as this financing round is completed, the company has already begun launching a second round of financing, but whether it will make a year-end push for listing on the STAR Market remains uncertain. (上证报)