DeepSeek financing intermediary channel charges 18% at the front end and 35% at the back end

According to Caijing, regarding the investment shares of DeepSeek, some intermediaries in the market have proposed a fee structure of "18% upfront and 35% backend," meaning that investors contributing 100 million yuan must first pay an upfront fee of 18 million yuan, and after receiving returns in the future, they must also share 35%. The report states that even if investors accept the high fees, they cannot guarantee that they will ultimately receive shares.

DeepSeek will conduct a thorough identity verification of the investors participating in the financing and the limited partners behind the funds. The relevant investments have a five-year lock-up period during which transfers are not allowed. Except for the National Artificial Intelligence Industry Investment Fund, most external investors do not have voting rights and do not hold board seats, sharing financial returns only according to their investment proportion.

At the same time, there are false shares and intermediary chaos surrounding DeepSeek's financing in the market. Some institutions claim to hold large investment shares but ultimately did not make it onto the investment list, and some investors have paid a "meeting fee" of 5 million yuan in an attempt to contact Liang Wenfeng but were unsuccessful.