It is reported that DeepSeek is preparing for an IPO and will submit a listing application as soon as this year.

IT House reported on July 15 that according to Bloomberg yesterday citing people familiar with the matter, Chinese artificial intelligence company DeepSeek (Deep Quest) has begun preparations for an IPO (initial public offering) and may submit a listing application as soon as this year. According to people familiar with the matter, DeepSeek is planning to be listed in mainland China in order to complete the listing as early as 2027. The company is currently cooperating with accounting firms and investment bank consultants, and plans to complete the financial report before the end of December this year (IT House Note: Financial reports are a necessary condition for submitting an IPO application). At the same time, DeepSeek plans to conduct a new round of private equity financing before the IPO, and is currently negotiating with potential investors, with a target pre-money valuation of at least 480 billion yuan. It is reported that DeepSeek hopes to raise at least 10 billion yuan through a new round of financing, but the final scale may be expanded several times depending on investor participation. The company plans to submit an IPO application at the end of 2026 or early 2027, and the specific time will depend on the completion of the financial report. However, DeepSeek is still discussing the above matters, and the IPO schedule and financing plan may still be adjusted in the future. The specific implementation depends on the market environment and the company's operating conditions. The people familiar with the matter asked not to be identified because the discussions are not yet public.