A report from TOP Chinese Tech Innovators said Yan Wentao, a post-1990 partner at Hillhouse Venture Capital, may join DeepSeek as chief financial officer and is expected to take the role in the near term. The report also said DeepSeek has started preparing for a STAR Market IPO, with CITIC Securities already conducting due diligence, although the two sides have not signed a formal listing guidance agreement. DeepSeek wants to start the IPO process this year. Public information cited in the report shows Yan has long focused on technology investments at Hillhouse Venture Capital, with disclosed investments including ByteDance, MiniMax and Zhipu AI. The company currently has no CFO and no formal investor relations team.
Yan Wentao, a partner at Hillhouse Venture Capital, may join DeepSeek as chief financial officer, according to TOP Chinese Tech Innovators. The report said he is expected to take the role in the near term.
The same report said DeepSeek has begun preparations for a STAR Market initial public offering. CITIC Securities has already entered the company for due diligence, but the two sides have not yet signed a formal listing guidance agreement. DeepSeek wants to start the IPO process this year.
Public information cited in the report shows that Yan is a post-1990 partner at Hillhouse Venture Capital and has long been responsible for technology investing. His disclosed investments include ByteDance, MiniMax and Zhipu AI. DeepSeek currently has no CFO and no formal investor relations team.
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