Mass production is fast, expansion is busy, mergers are hot, and listed companies start the year with great enthusiasm.

In the beginning of 2026, along with the intensive release of performance forecasts for the year 2025 by listed companies, the pace of institutional research has significantly accelerated, with many rushing to dig deeper into the industry prospects of listed companies in preparation for investment layout for the new year. According to Choice data, as of February 4th, more than 700 A-share listed companies have already welcomed institutional research since the beginning of the year. Among them, over 20 companies have attracted more than 100 institutions for research; industries such as electronics, machinery equipment, and pharmaceuticals rank high in research hotspots, with sectors like power equipment and non-ferrous metals also receiving significant attention. Journalists noted that research institutions have been conducting intensive inquiries around core topics such as business expansion, new product mass production, progress in mergers and investment, and more. Research records show that new products in industries such as robotics and brain-computer interfaces are being produced and shipped, while sectors such as storage and liquid cooling are showing continued improvement in business activity, with listed companies accelerating their production expansion pace. In addition, many companies have revealed the latest developments in layout in new arenas such as optical communications and new materials, conveying positive expectations for industrial transformation and upgrade.