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      DeepSeek Appoints Yan Wentao as First CFO Amid Financing Plans

      DeepSeek has officially appointed Yan Wentao as its first Chief Financial Officer, as reported by 'Investment World'. Yan began his role on Monday, bringing a wealth of experience from his previous positions, including his tenure at Hillhouse Capital, where he was involved in notable projects such as MiniMax, Zhipu AI, and ByteDance.

      Born in 1991 and a graduate of Fudan University, Yan's appointment comes at a pivotal time for DeepSeek, which is currently in the process of finalizing its second round of financing. The company aims to raise 50 billion yuan, with a pre-investment valuation set at 500 billion yuan. To facilitate this, DeepSeek has engaged CITIC Securities to assist in preparations for a potential initial public offering on the Sci-Tech Innovation Board.

      This strategic move is expected to bolster DeepSeek's financial management and support its ambitious growth plans as it seeks to expand its presence in the technology sector.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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      Terra Founder Do Kwon Sentenced to 15 Years in Prison for Fraud