Wang Zhongmin: DeepSeek uses earned money to upgrade computing power and support the high-quality development of the fund industry.

The 2025 Fund High Quality Development Conference, organized by Sina Finance, kicked off in Shenzhen. Wang Zhongmin, Chairman of the Shenzhen Financial Stability Development Research Institute and former Vice Chairman of the National Social Security Fund Council, stated that those who use AI methods for quantification and hedging can have more parameters, more influencing factors, and more expert models. DeepSeek, using AI for quantification, has achieved great success. After making money, they invested in AI computing power and algorithm models, which also achieved great success. Therefore, changing the investment mode with AI methods and using the money earned from investments to promote the implementation of AI is the impact that DeepSeek has brought to the fund industry.