Xun Yugen resigns as chief economist of Guotai Junan Securities.

The China Galaxy Securities Research Institute has undergone personnel changes. It was reported that the China Galaxy Securities issued an internal notice of personnel appointment adjustments, and Xun Yugen will no longer serve as the company's chief economist, member of the Research and Institution Business Committee, co-director of the Policy and Industry Research Institute, and director of the Postdoctoral Research Workstation. Xun Yugen is an "old man" at Haotong, having won a total of 15 national best analyst championships. He is the "grand slam" first place winner of best analysts in publications such as New Fortune, Crystal Ball, and Golden Bull Award. In April of this year, he took office as the chief economist and director of the research institute of China Galaxy Securities as the chief economist of China Galaxy Securities. It has been two months since then.