Jiarong Liu (Max)

Experience

Experience

Analytical roles that connect company research, financial evidence, data workflows, and mathematical reasoning.

Roles

June 2022 - Sep 2022

Research Analyst Intern — Industrial Securities Co., Ltd.

Industrial Securities Co., Ltd.

Sep 2024 - Jan 2025

Student Researcher - Theoretical Mathematics Research

Newcastle University

June 2025 - Dec 2025

Research Analyst Intern

Flyziran

01

Investment research

Research Analyst Intern — Industrial Securities Co., Ltd.

Industrial Securities Co., Ltd.

June 2022 - Sep 2022

What this experience shows:

Built early exposure to investment research workflows, financial benchmarking, and market analysis.

Key Contributions:

  • Researched 10+ potential investment targets across 6 sectors, building comparable-company and precedent-transaction analysis to support opportunity screening and target shortlisting.
  • Benchmarked 5+ companies against industry peers using financial statement and operating metrics, including revenue growth, margins, profitability, liquidity and valuation multiples.
  • Mapped 3 subsectors and identified 15+ potential targets, investment themes, industry trends and key risks aligned with investment strategy.
  • Prepared 5 investment memos, briefing materials and presentation outputs summarising company fundamentals, valuation insights and due-diligence findings.

Snapshot:

Output
Research notes, company profiles and briefing materials
Tools
Excel, PowerPoint
Result
Supported research on 10+ targets across 6 sectors
Investment Research Financial Statement Analysis Comparable Company Valuation Sector Research Investment Memo Writing

02

Theoretical research

Student Researcher - Theoretical Mathematics Research

Newcastle University

Sep 2024 - Jan 2025

What this experience shows:

Developed independent research practice through mathematical literature review, proof construction, and academic communication.

Key Contributions:

  • Synthesised 20+ research papers to compare assumptions, proof techniques and open questions in transcendence theory.
  • Drafted a 15-page working manuscript in collaboration with 3 peer researchers and faculty advisors.
  • Delivered a 20-minute seminar presentation and prepared a research poster summarising key results and proof strategies.
  • Completed a 16-week theoretical research project involving weekly meetings, literature review and manuscript development.
  • Formulated and proved 3 lemmas and 2 propositions related to transcendence, applying advanced Diophantine approximation techniques and rigorous proof-based reasoning.

Snapshot:

Research Base
20+ papers reviewed in transcendence theory
Output
15-page manuscript, seminar and research poster
Proof Work
3 lemmas and 2 propositions developed
Tools
LaTeX, PowerPoint
Advanced Mathematical Research Analytical Reasoning Research Synthesis Formal Proof Development Academic Communication

03

Data-driven investment and operations research

Research Analyst Intern

Flyziran

June 2025 - Dec 2025

What this experience shows:

Built practical exposure to investment screening, valuation analysis, and due-diligence-style research.

Key Contributions:

  • Extracted, cleaned and analysed 20,000+ rows of sales, traffic and product data across 150+ SKUs of cross-border e-commerce data using Python, Pandas and NumPy, identifying sales trends, customer-behaviour patterns and product optimisation opportunities.
  • Built weekly KPI reports tracking 8 core metrics across sales, traffic, conversion and product performance, reducing manual reporting time by ~30% by standardising weekly KPI reporting outputs.
  • Identified 3 underperforming product listings and highlighted optimisation opportunities for pricing, visibility and positioning.

Snapshot:

Dataset
20,000+ rows across 150+ SKUs
Output
Weekly KPI reports across 8 core metrics
Efficiency
Approx. 30% reduction in manual reporting time
Tools
Python, Pandas, SQL, Excel
E-commerce Data Analytics KPI Reporting Customer & Traffic Behaviour Analysis Product & Listing Optimisation Competitor & Platform Signal Analysis