Is DeepSeek going to list on the STAR Market? China Galaxy Securities has already been lined up, targeting the STAR Market, while also advancing new financing in parallel. Is this the wave where the AI bubble is about to turn into a brand-new A-share story? But on the other side, V4.1 Flash has just been released—552B new architecture, with input activating only 8B, and native support for image understanding. An IPO and a model launch—DeepSeek is going for both money and technology. Friends, at this point, do you believe the story or the code?