Zhu Xiaohu expressed his opinion in WeChat Moments that 2025 will be the beginning of a comprehensive revaluation of Chinese assets. During the Spring Festival this year, DeepSeek became popular all over the world. When talking about the future of other large model companies in China, Zhu Xiaohu suggested that they need to make a decision as soon as possible, whether to stick to closed source and develop based on DeepSeek, or to completely turn to applications, or to delve into the vertical field of open source models. Zhu Xiaohu made it clear that the value of closed source models in the global LLM industry will drop significantly, and if OpenAI does not have new breakthroughs, it will be difficult to maintain its high valuation. DeepSeek is reshaping the Chinese AI landscape, and the future of the industry is full of variables and deserves attention.