It is rumored that Yan Wentao, a partner of Hillhouse Venture Capital, will join DeepSeek as CFO, and DeepSeek is preparing for an IPO on the Science and Technology Innovation Board

Yan Wentao, a partner at Hillhouse Ventures, will join DeepSeek as CFO and is expected to take up the position soon. DeepSeek has started preparing for an IPO on the Science and Technology Innovation Board, and CITIC Securities has entered the market for due diligence. The two parties have not yet signed a formal listing guidance agreement, and DeepSeek plans to initiate the IPO process this year. Yan Wentao was responsible for science and technology investment, including ByteDance MiniMax、 DeepSeek currently does not have a CFO or formal investor relations team.