DeepSeek Expected IPO Valuation Reaches Trillions, Liang Wenfeng May Become New Richest Person

DeepSeek has released approximately 10% of its shares in the first round of financing, raising over 50 billion yuan, with a valuation of 50 billion USD. Liang Wenfeng has requested verification of the identities of all LPs participating in the financing. The second round of financing, which began in July, aims to raise 50 billion yuan, targeting a valuation of 500 billion yuan. Liang Wenfeng has started reviewing some final investors to maintain control over the company and reduce governance risks before the IPO. Although the IPO is still some time away, the market expectations have already moved towards a valuation of trillions. If DeepSeek's valuation exceeds a trillion, Liang Wenfeng, due to his high shareholding ratio, is expected to surpass Zhang Yiming and become the new richest person in China.