Kairun Co. issued an announcement stating that its wholly-owned subsidiary invested 40 million yuan indirectly in DeepSeek through a venture capital fund, with a look-through equity stake of only 0.0114%. The investment is a financial investment and has no material impact on the company's performance or main business. The company also flagged risks, noting that the target is still in an early development stage and faces uncertainties in research and development, market competition, and other areas. The company may face risks such as investment returns falling short of expectations, difficulties in exiting, and even loss of investment principal. The announcement showed that the company's stock price rose by a cumulative deviation of over 30% over three consecutive trading days from July 15 to 17, 2026. In the first quarter of 2026, Kairun Co. achieved revenue of 1.257 billion yuan and net profit attributable to the parent of 98.78 million yuan.
Anhui Korrun Co LtdCompany disclosed a tiny indirect investment in DeepSeek (0.0114% stake) with no material impact on performance, but stock rose >30% in three days; risks of loss highlighted.