Anhui Korrun Co LtdAnhui Kairun's fund indirectly holds a stake in DeepSeek, and the disclosed valuation implies a significant return on investment, boosting the company's financial outlook.

Chinese luggage maker Anhui Kairun disclosed on the 16th that a fund it invested in has indirectly acquired a 0.8265% stake in AI startup DeepSeek for 2.9 billion yuan, suggesting an enterprise value of 350.88 billion yuan, or approximately $51.82 billion, for the unlisted company. DeepSeek did not respond to a request for comment. Reuters reported on the 15th that DeepSeek plans to launch a new funding round at a valuation of about 500 billion yuan and has begun early-stage discussions on a potential IPO on the Shanghai Stock Exchange's STAR Market for emerging tech companies.
Anhui Korrun Co LtdAnhui Kairun's fund indirectly holds a stake in DeepSeek, and the disclosed valuation implies a significant return on investment, boosting the company's financial outlook.