First, whether it is a brokerage firm, a talent agency or a private research report operated by itself, it is for internal use and is not released in the market. In other words, all the research reports you saw were thrown out because they didn't think it was important. By the way, it is wrong to raise the visibility of institutions and researchers. You won't remember it after a long time.

Second, it is useless to say that it is completely useless. After all, there are few opportunities for retail investors to go to the company for field research. So for the research report, you should look at his research data, and then make your own analysis and judgment, not at his research conclusions.