ChainCatcher, citing TOP Chinese Tech Community, reported that Yan Wentao, a partner at Hillhouse Venture Capital, may join DeepSeek as chief financial officer, with the appointment expected to take effect soon. The report said DeepSeek has started preparations for a STAR Market IPO and hopes to launch the listing process this year. China Securities Co., Ltd. (CITIC Securities) has already entered due diligence, though the two sides have not yet signed a formal listing tutoring agreement. Yan, described in the report as a post-90s partner at Hillhouse Venture Capital, has long focused on technology investments. His disclosed investment portfolio includes ByteDance, MiniMax and Zhipu AI. The report also said DeepSeek currently does not have a CFO and has not set up a formal investor relations team.
Yan Wentao, a partner at Hillhouse Venture Capital, may join DeepSeek as chief financial officer, according to ChainCatcher, which cited TOP Chinese Tech Community. The report said he is expected to take up the role soon.
DeepSeek has already begun preparing for an initial public offering on Shanghai's STAR Market, the report said. CITIC Securities has entered the due diligence process, but the two sides have not signed a formal listing tutoring agreement. DeepSeek hopes to start its IPO process this year.
The report described Yan as a post-90s partner at Hillhouse Venture Capital who has long covered technology investments. His publicly disclosed investments include ByteDance, MiniMax and Zhipu AI.
DeepSeek currently has no CFO and no formal investor relations team, according to the report.
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