1. Consolidation and reorganization of securities firms: The total share capital is 5 billion, and 5 yuan's share price is a great advantage. Dongxing Securities' self-operated business has little self-owned funds, and the superimposed market is not good. It is difficult to make money and rely on the weather to eat.

2. Trading: The trading system will be implemented in the second board of Science and Technology, which is very good for the daily turnover of trillions. Dongxing Securities' performance is uncertain. The performance in the first three quarters of 2020 is very beautiful, but the company has not predicted the annual performance, and there is no guarantee that the company will make a large withdrawal like other brokers.