DeepSeek valuation exposed: Korrun and Tomson By-Health indirectly took shares, with a valuation of about 350 billion yuan. On July 17, the listed company Korrun issued an announcement on the evening of July 16 that its wholly-owned subsidiary Ningbo Purun subscribed for the share of Tianjin Lisi Xingling Venture Capital Partnership for 40 million yuan, and the fund has fully paid in 2.9 billion yuan.

DeepSeek valuation exposure: Korrun and Tomson By-Health indirectly took shares, with a valuation of about 350 billion yuan. On July 17, the listed company Korrun issued an announcement on the evening of July 16 that its wholly-owned subsidiary Ningbo Purun subscribed for the share of Tianjin Lisi Xingling Venture Capital Partnership for 40 million yuan, and the fund has fully paid in 2.9 billion yuan. The announcement shows that the underlying target of Lisi Xingling is Hangzhou Deep Search Artificial Intelligence Basic Technology Research Co., Ltd. (DeepSeek). After penetration, Korrun shares hold 0.0114% of the shares, which is a financial investment. On the same day, By-Health disclosed that the company indirectly held a 0.04% stake in Deep Search for 130 million yuan through Lisi Xingling. Calculated based on the shareholding ratio and investment amount of the two companies, the valuation of DeepSeek after this round of financing is in the range of 325 billion yuan to 351 billion yuan. According to previous reports by the British media "Financial Times", DeepSeek completed its first round of external financing at the end of May this year, raising approximately US$7 billion in funds, with a post-investment valuation of US$52 billion (approximately 352.5 billion yuan). According to reports, DeepSeek has launched preliminary negotiations for a new round of financing with a pre-investment valuation of approximately US$71 billion. via cnBeta.COM - Chinese industry information website (author: Source: Phoenix Technology)