According to the CITIC Securities Research Report, DeepSeek is a domestic model company with an AGI idealism. It has only been established for 3 years and has continuously proven itself in terms of development concepts, key models, and technical capabilities. We believe that DeepSeek has provided rich inspiration for the domestic model industry. The discussion is based on five aspects, including strategic focus, open competition, organizational innovation, technical background, and infrastructure capabilities. In the context of completing the first round of external financing, DeepSeek is expected to make new progress in talent attraction, model training, and business promotion. We continue to be optimistic about opportunities in the AI industry chain led by DeepSeek and breakthroughs in domestic AI.

According to the CITIC Securities Research Report, DeepSeek is a domestic model company with an AGI idealism. It has only been established for 3 years and has continuously proven itself in terms of development concepts, key models, and technical capabilities. We believe that DeepSeek has provided rich inspiration for the domestic model industry. The discussion is based on five aspects, including strategic focus, open competition, organizational innovation, technical background, and infrastructure capabilities. In the context of completing the first round of external financing, DeepSeek is expected to make new progress in talent attraction, model training, and business promotion. We continue to be optimistic about opportunities in the AI industry chain led by DeepSeek and breakthroughs in domestic AI.