保留职级，原海通国际高管林涌、孙彤转岗

Core Viewpoint - Recent personnel changes at Guotai Junan (国泰海通) include the appointment of Lin Yong as a senior researcher in the Policy and Industry Research Institute and Sun Tong as a mid-level deputy in the Digital Transformation Office, indicating a strategic shift within the company [1][2]. Group 1: Personnel Changes - Lin Yong has been appointed as a senior researcher in the Policy and Industry Research Institute, which is a first-level department under the Research and Institutional Business Committee [1][2]. - Sun Tong has been appointed as a mid-level deputy in the Digital Transformation Office, also a first-level department [1][2]. - Lin Yong previously served as the CEO of Haitong International, with a peak annual salary exceeding 18 million yuan [2][3]. Group 2: Background of Lin Yong - Lin Yong joined Haitong Securities in December 1996 and held various senior positions, including Deputy General Manager of the Investment Banking Department [3]. - He served as the CEO of Haitong International from 2011 until his resignation in 2023, following significant financial losses at the company [3][4]. - Haitong International reported a net loss of 65.41 billion HKD in 2022 and a cumulative loss exceeding 170 billion HKD from 2022 to 2024, marking it as the largest loss case for a Chinese brokerage in Hong Kong [7]. Group 3: Background of Sun Tong - Sun Tong has a long history with Haitong, having joined in 2000 and served in various roles, including Executive Director of Haitong International [5][6]. - He was appointed as Chief Investment Officer of Haitong International in September 2017 and has held significant responsibilities in frontline business operations [5][6]. Group 4: Implications of Personnel Changes - The transition of Lin Yong from a management role to a research position raises questions about the future direction of the company and its strategic focus [7]. - The significant losses at Haitong International may have influenced the decision to restructure leadership roles within Guotai Junan [7].