Data from Gongmu Pai Pai Wang reveals that in July, 154 public offering institutions conducted extensive research investigations on 447 A-share listed companies across 30 sub-sectors, amassing a total of 3,407 investigations. The electronics industry emerged as the most scrutinized sector. With regard to individual stocks, 94 stocks were the subjects of intensive research by public offering institutions, each being investigated more than 10 times, thereby becoming high-frequency targets. Notably, four stocks—Zhongji Xuchuang, Xinyisheng, Jianghe Group, and Espressif Systems—were researched over 50 times each. Zhongji Xuchuang topped the list, attracting a total of 75 investigations, closely followed by Xinyisheng with 68 investigations. Both stocks belong to the communications industry.