Group 1 - Zhang Yichi, a well-known analyst in the electric new energy sector, left Caitong Securities on May 20 and joined Huachuang Securities on August 8 [1] - Zhang Yichi's role at Huachuang Securities is as the head of midstream manufacturing and overseas research, focusing on electric new energy, robotics, AIDC, and overseas research [2] - Zhang Yichi has a strong academic background with a Bachelor's degree in Material Physics from Beijing University of Science and Technology, a Master's in Energy Technology from Cambridge University, and a Master's in Financial Economics from the London School of Economics [7] Group 2 - Zhang Yichi has 10 years of experience as a chief analyst, achieving top rankings in the public utilities and electric equipment new energy sectors [7] - During her tenure at Haitong Securities from 2014 to 2022, she was involved in a notable internal conflict over coverage of BYD, which was resolved amicably [7] - Huachuang Securities, established in January 2002, is a wholly-owned subsidiary of Huachuang Yuxin, which reported a total revenue of 3.352 billion yuan and a net profit of 62 million yuan in 2024 [8]