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Yongxin Yan, Professor, Ph.D., Tianjin Normal University, the main research direction is financial engineering. He proposed a series of closed American option pricing models. For example, the closed American option pricing model on dividend stock (2008), closed American exchange rate option pricing model (2009), closed Bermudan option pricing model (2010), and closed fractional American option pricing model (2013). He established pricing relationships between American, European and Bermuda option (2013). He proposed closed general American option pricing model (2016), closed American foreign equity option pricing model (2015,2016), closed American equity warrants pricing model, closed American convertible bond pricing model, early loans spreads pricing model, closed American interest rate limitations and swaptions pricing model (2014), and fractional segmented volatility long-term options pricing models (2016). He written Chinese book