China's DeepSeek Hires Dealmaker as CFO Ahead of Possible IPO
Yan Wentao would help manage investor communications and disclosure as DeepSeek raises capital and prepares for a potential listing, Reuters reported.
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DeepSeek plans to hire Yan Wentao, partner of GL Ventures, as its first financial director, said two people on the subject, at a time when the Chinese artificial intelligence startup structures the basis for a potential capital opening. Last week, Reuters reported that the company hired the Chinese broker CITIC Securities to advise preparations for a possible listing at the Shanghai STAR Market, an equity market focused on the technology sector.…
China’s DeepSeek hires dealmaker as CFO ahead of possible IPO
Sept 14 (Reuters) – DeepSeek plans to hire Yan Wentao, a partner at venture-capital firm GL Ventures, as its first chief financial officer, two people with knowledge of the matter said, as the Chinese AI startup prepares for a potential initial public offering. Reuters reported last week that Hangzhou-based DeepSeek had hired Chinese brokerage CITIC Securities to prepare for a possible listing on Shanghai’s technology-focused STAR Market. A CF…
DeepSeek names first CFO ahead of IPO, sharpening its low-cost AI push
DeepSeek, a Chinese frontier laboratory, intends to name Yan Wentao, a part at GL Ventures, as their inaugural CFO. This development will provide the company with financial-market expertise as they get ready for a potential IPO. As a company that prides itself on developing capable models at extremely low prices, an IPO will help DeepSeek...
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