New Stock News | DeepSeek Reportedly Hires Hillhouse Venture Capital Partner Yan Wentao as Chief Financial Officer

According to people familiar with the matter, DeepSeek, a mainland Chinese AI startup preparing for an initial public offering (IPO), plans to hire Yan Wentao, a partner at GL Ventures, as its first chief financial officer (CFO). The appointment of Yan, who has dealmaking experience, would be an important step in DeepSeek's transformation. The company, originally a research-focused lab funded by its founder's hedge fund, is shifting toward a more conventional corporate structure. A CFO typically plays a central role in managing investor communications, financial controls, capital allocation, and the disclosure processes required for a listing. According to Zero2IPO, a Chinese venture capital industry service provider, Yan Wentao was born in 1991, and his representative investment projects include AI developer and DeepSeek competitor MINIMAX (00100).