From research reports to information disclosure: Securities analysts "switch roles" to become the company's director of investor relations.

With the official listing of Great Micro on the ChiNext board, a wealth story about the "transition of sell-side chief analysts" has emerged. Zhu Jinsong, who serves as a director, vice president, and board secretary of the company, has garnered great attention from the capital market and financial circles due to his unique background as a chief analyst in securities firms, as well as the soaring value of his company stock holdings to nearly 2.6 billion yuan on the first day of listing. Not only Great Micro, but recently, many listed companies have disclosed executive changes, introducing professional talents from the securities research or investment banking fields. Industry insiders indicate that the deep reasons for the trend of analysts transitioning to board secretaries mainly involve three factors: first, the competition in sell-side research is becoming increasingly intense, making professional transition an important career path; second, companies preparing for IPOs, especially in the hard-tech industry, urgently need composite talents that understand the industry, capital, and regulatory aspects; and third, the basic salary of board secretaries is more competitive.