Junzhe He

Supported transfer pricing projects across 13 client groups spanning entities in Singapore, Malaysia, China, the US, and the UK. Drafted and updated 5 FY25 transfer pricing documentation (TPD) skeleton reports using prior-year materials, audited financial statements, client information, and meeting notes. Completed benchmarking updates for a multinational group’s US and Malaysian subsidiaries by sourcing FY25 financials for 10+ comparable companies, updating profitability margins, screening loss-makers, and refreshing interquartile ranges and multi-year averages; supported transaction flow review and SIC code selection based on tested activities. Analyzed related-party transaction details and counterparties to validate amounts and assess benchmarking requirements against thresholds, and conducted industry research for food & beverage and crude oil tanker markets used in TPDs.

Conducted data collection and drafted sections for 2 equity research reports (Yuewen Group and Alpha Group), synthesizing findings into investment theses adopted in the final reports. Built 7 Excel valuation models integrating financials, market data, and sector drivers; produced revenue/cost bridges and sensitivity scenarios to strengthen forecast transparency and support follow-on research. Researched strategic moves across 150 A-share media companies, including LLM partnerships and IP/derivatives expansion, identifying emerging industry trends such as MCP & Agent concepts.

Researched China’s infrastructure competitiveness with focus on high-speed railways and tunnel-boring machines, and assessed implications for both domestic and international markets. Compared China–India infrastructure cycles and China–Africa cooperation in terms of costs, policy, funding, and technology, contributing to research reports with major projects as case studies.