Huaxi Securities(SZ:002926) Xin Lang Cai Jing·2025-12-25 08:44Group 1 - The core point of the news is the recent personnel changes at Huachuang Securities, including the departure of Liu Xin, the former assistant director of the research institute and chief analyst for the media industry [1][6][7] - Liu Xin, a master's graduate from Renmin University of China, previously worked at several firms including CICC and joined Huachuang Securities in early 2021, leading a team that recently ranked sixth in the 2025 Sina Golden Unicorn Best Analyst Awards for the media industry [7][1] Group 2 - Huachuang Securities has undergone a round of internal promotions, with former chief economist Niu Bokun appointed as the assistant to the president and co-director of the research institute, while Zhang Yu, the former deputy director and chief macro analyst, has been promoted to chief economist [5][10] - The management structure of the research institute has expanded, with chief analysts Wu Yifan and Zhou Guannan appointed as co-directors, forming a "one head and three co-directors" management structure alongside director Dong Guangyang [5][10] - Financial data shows that in the first half of 2025, Huachuang Securities reported operating revenue of 1.193 billion yuan, a year-on-year decrease of 16.34%, while net profit attributable to shareholders increased by 10.57% to 191 million yuan [5][10] - The brokerage's commission income from research business was 111 million yuan, down 17.47% year-on-year, with a market share of 2.48%, ranking 16th in the industry [5][10]