Core Viewpoint - Dongxing Securities is recruiting a Chief Economist for the first time in six years, indicating a significant shift in its research strategy and addressing the long-standing vacancy since the departure of the previous economist in 2019 [1][6]. Group 1: Recruitment Announcement - The recruitment announcement specifies that the Chief Economist will be responsible for interpreting domestic and international macroeconomic policies, predicting market trends, and producing in-depth research reports [1]. - Candidates must have a master's degree or higher, be under 45 years old, and possess over five years of core experience in well-known securities firms or public funds, along with experience leading research teams [2]. Group 2: Research Performance and Financials - Dongxing Securities has experienced a continuous decline in its research performance, with a 71% year-on-year drop in commission income to 3.266 million yuan in the first half of 2025, ranking 61st in the industry [3]. - In 2024, the commission income was 13.83 million yuan, also reflecting a 71.45% decrease, placing the firm at 60th in industry rankings [4]. - Despite the challenges in research income, the company reported a revenue of 2.249 billion yuan in the first half of 2025, a 12.46% increase year-on-year, and a net profit of 819 million yuan, up 42.12% [5]. Group 3: Future Implications - The successful recruitment of a Chief Economist may mark the beginning of a restructuring of Dongxing Securities' research capabilities, which could significantly impact its research-driven business model in the future [6].