BlockBeats News: On January 14, according to the 21st Century Business Herald citing the latest data from Simu Ranking, Huanfang Quantitative, founded by Liang Wenfeng of DeepSeek, achieved an average return of 56.55% in 2025, ranking second on the performance list of China's top quant hedge funds with assets under management exceeding 10 billion yuan, just behind Lingjun Investment, which topped the list with an average return of 73.51%. Currently, Huanfang Quantitative's assets under management have exceeded 70 billion yuan. According to data from Simu Ranking, Huanfang Quantitative's average return over the past three years is 85.15%, and its average return over the past five years is 114.35%.
Some analyses suggest that the strong performance of Huah Fang Quantitative has provided ample R&D funding for DeepSeek, a company under Liang Wenfeng. Huah Fang Quantitative is one of the most well-known quantitative private investment giants in China. It was founded by Liang Wenfeng in 2008 while he was studying Information and Communication Engineering at Zhejiang University. The firm is a hedge fund with strong backgrounds in mathematics, computing, research, and artificial intelligence. In 2019, Huah Fang Quantitative's assets under management exceeded 10 billion yuan, and by 2021, it briefly surpassed 100 billion yuan.
According to recent news, DeepSeek will release a new flagship AI model, DeepSeek V4, in February. This model is said to have strong programming capabilities and is expected to have a significant impact on the current AI competition landscape. (Jiemian News)