According to an exclusive report by PEdaily, Yan Wentao officially joined DeepSeek on Monday and has reported to the company as its first chief financial officer. Yan, born in 1991, graduated from Fudan University and joined Hillhouse Ventures in 2020. The report said he had previously worked on projects involving MiniMax, Zhipu AI, and ByteDance. PEdaily also said DeepSeek is finalizing its second funding round, with a plan to raise RMB 50 billion at a pre-money valuation of RMB 500 billion. The company has also hired CITIC Securities to prepare for a potential STAR Market IPO. The update was cited by ChainCatcher in a 7x24 newsflash.
ChainCatcher, citing an exclusive report from PEdaily, said Yan Wentao officially joined DeepSeek on Monday and has reported to the company as its first chief financial officer.
Yan was born in 1991 and graduated from Fudan University. He joined Hillhouse Ventures in 2020 and previously worked on projects involving MiniMax, Zhipu AI, and ByteDance, according to the report.
PEdaily also said DeepSeek is finalizing its second funding round. The company plans to raise RMB 50 billion at a pre-money valuation of RMB 500 billion, and has hired CITIC Securities to prepare for a potential IPO on Shanghai's STAR Market.
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