KAIYUAN SECURITIES·2026-01-27 14:15Group 1: Industry Perspective on Institutional Research - The research highlights an increase in institutional research activity in the automotive, pharmaceutical, and communication sectors [3][4][12] - Weekly data shows a slight decline in total research counts across the A-share market, but the numbers are higher than the same period in 2025, indicating ongoing low research enthusiasm [13][20] - Monthly data for December 2025 indicates a decrease in total research counts compared to December 2024, with a total of 1,661 instances of research conducted [20][23] Group 2: Individual Stock Perspective on Institutional Research - Companies such as Taili Technology, Jiemai Technology, and Tianlu Technology received significant market attention, with high research counts in the past week [28][30] - In the last month, companies like Taihe New Materials, Huichuan Technology, and Chaojie Co., Ltd. also garnered considerable interest from institutional investors [33][34] - Taihe New Materials, positioned in the high-end chemical industry, has been frequently researched, with five instances of institutional research last week, focusing on its applications in commercial aerospace and computing centers [32]