The market has shown persistent interest in Huajin Capital, fueled by the DeepSeek concept, causing the stock to reach its daily trading limit for the second consecutive day. Rumors have circulated that Huajin Capital, an investment platform under the Zhuhai State-owned Assets Supervision and Administration Commission, indirectly participated in DeepSeek's Pre-A round of financing. However, Huajin Capital has clarified on its interactive platform that neither the company nor its subsidiary-managed funds hold equity in Huanfang Quant or DeepSeek. A relevant representative from Huajin Capital stated that the company is unaware of any direct relationship between the Zhuhai State-owned Assets Supervision and Administration Commission and DeepSeek. Based on their knowledge, DeepSeek may not have conducted any external financing to date. Currently, the Zhuhai State-owned Assets Supervision and Administration Commission holds a 26.60% stake in Huajin Capital.