diff --git a/app/services/proposal_service.py b/app/services/proposal_service.py
index c5f7700..19bb440 100644
--- a/app/services/proposal_service.py
+++ b/app/services/proposal_service.py
@@ -516,7 +516,9 @@ def _attach_consensus(cands, out=None, now=None) -> None:
                 rec = {"ts_code": code, "fund": fund.get("stance"),
                        "tech": tech.get("stance"), "timing": tm.get("stance"),
                        "direction": con.get("direction"), "route": con.get("route"),
-                       "phase": tech.get("phase")}
+                       "phase": tech.get("phase"),
+                       # 候选栏芯片用: 基本面质地档 (好/中/差), 从候选自带的买方评析取
+                       "overall": (c.get("company_review") or {}).get("overall")}
                 if ikind:
                     rec["intraday"] = ikind
                 seen.append(rec)
@@ -705,9 +707,18 @@ def disposition_snapshot(now=None) -> dict:
             if s.get("why"):
                 res["notes"].append(s["why"])
         else:                                 # 单票原因; 不覆盖已判 would 的
-            # 合议判观察的候选带 disp=wait_tech (等技术面开口), 其余不产出的按 deny。
+            # 合议判观察的候选带 disp=wait_tech/wait_confirm, 其余不产出的按 deny。
             res["by_code"].setdefault(
                 code, {"disp": s.get("disp") or "deny", "why": s.get("why") or "未产出候选"})
+    # 候选栏三小块 (2026-09-14 页面收尾包): 每只候选的合议摘要, 从 consensus_seen 来。
+    # 基本面立场与质地档 / 技术面立场与相位 / 合议方向与路由。挂到对应代码的 by_code 行上。
+    for rec in (sink.get("consensus_seen") or []):
+        code = rec.get("ts_code")
+        if code and code in res["by_code"]:
+            res["by_code"][code]["consensus"] = {
+                "fund": rec.get("fund"), "overall": rec.get("overall"),
+                "tech": rec.get("tech"), "phase": rec.get("phase"),
+                "direction": rec.get("direction"), "route": rec.get("route")}
     return res
 
 
diff --git a/app/web/main.py b/app/web/main.py
index f1ec179..5fc19d8 100644
--- a/app/web/main.py
+++ b/app/web/main.py
@@ -737,22 +737,60 @@ def api_tech_pull():
     return ok_logged("tech_pull", tech_service.pull_and_map)
 
 
+def _research_st(code):
+    """研究面的公司评析来源: 持仓票从逻辑状态映射取, 候选票从当日计划主榜与观察档取。
+    返回 (逻辑状态样式的 dict 或 None, 来源标签)。取不到就当无读数弃权, 绝不折成看空。"""
+    from app.services import logic_state_service, plan_feed
+    try:
+        st = logic_state_service.state_map().get(code)
+        if st and (st.get("company_review") or {}).get("overall"):
+            return st, "held"
+    except Exception as e:  # noqa: BLE001
+        logger.warning("[研究面] 取持仓逻辑状态失败 %s: %s", code, e)
+    try:
+        plan = plan_feed.get_plan()
+        for r in (plan.get("main") or []) + (plan.get("observe") or []):
+            if cs.normalize_code(r.get("ts_code") or "") == code and (r.get("company_review") or {}).get("overall"):
+                return {"company_review": r.get("company_review"),
+                        "company_review_text": r.get("company_review_text")}, "candidate"
+    except Exception as e:  # noqa: BLE001
+        logger.warning("[研究面] 取候选计划失败 %s: %s", code, e)
+    return None, "none"
+
+
 @app.get("/api/research/{ts_code}")
 def api_research(ts_code: str):
-    """单票研究面 · 三源合议 (点击时调, 只读, 绝不进轮询)。
-
-    工作包一先给技术面读数一块; 基本面评析、择时立场与三源合议由工作包二补 (现以 None 占位,
-    页面按缺块处理)。代码归一后回。"""
-    from app.services import tech_service
+    """单票研究面 · 三源合议 (点击时调, 只读, 绝不进轮询)。六块: 公司质地 / 基本面 / 技术面 /
+    择时 / 合议 / 各路来源状态。任何一路取不到按无读数弃权 (设计原则二), 页面按缺块处理。"""
+    from app.services import tech_service, consensus_service, logic_state_service
 
     def _build(code):
         code = cs.normalize_code(code)
-        t = tech_service.research_feed(code)
-        return {"ts_code": code, "company": None, "tech": t.get("tech"),
-                "tech_note": t.get("note") or t.get("error"),
-                "consensus": None, "timing": None, "feed": None,
-                "sources": {"tech": ("ok" if t.get("tech")
-                                     else (t.get("error") or t.get("note") or "无读数"))}}
+        st, src = _research_st(code)
+        cr = (st or {}).get("company_review")
+        company = logic_state_service.company_view(st) if st else None
+        # 四块意见: assemble 用 company_review 算基本面、用映射算技术面、用昨夜定性算择时, 再合议。
+        nightly = consensus_service.nightly_map([code]).get(code)
+        tech_states = consensus_service.state_map()
+        blocks = consensus_service.assemble({"ts_code": code, "company_review": cr},
+                                            nightly=nightly, tech_states=tech_states)
+        # 技术面详细读数 (点击时现读, 带最新一行与近日翻向次数); 缺则退回映射里的紧凑块。
+        tfeed = tech_service.research_feed(code)
+        tech = tfeed.get("tech") or blocks["tech"]
+        tm = blocks["timing"]
+        timing = {"stance": tm.get("stance"), "nightly": tm.get("nightly"),
+                  "trade_date": (nightly or {}).get("trade_date"),
+                  "flip_at": tm.get("intraday_flip_at")}   # 转多时刻点击不回扫, 留昨夜定性带的
+        fund = blocks["fund"]
+        sources = {
+            "company": ("ok" if company else ("无读数" if src != "none" else "不在持仓也不在候选")),
+            "fund": ("ok" if fund.get("stance") != "无读数" else (fund.get("why") or "无读数")),
+            "tech": ("ok" if tfeed.get("tech") else (tfeed.get("error") or tfeed.get("note") or "无读数")),
+            "timing": ("ok" if tm.get("stance") != "无读数" else (tm.get("no_read_why") or "无读数")),
+            "consensus": "ok",
+        }
+        return {"ts_code": code, "company": company, "fund": fund, "tech": tech,
+                "timing": timing, "consensus": blocks["consensus"], "sources": sources}
     return ok(_build, ts_code)
 
 
diff --git a/app/web/static/index.html b/app/web/static/index.html
index 96e896a..9b56ca4 100644
--- a/app/web/static/index.html
+++ b/app/web/static/index.html
@@ -1260,6 +1260,11 @@ body.dock-r:not(.r-fold) .side-r .strip{display:none;}
                   <span class="nm">{{ r.name || nm(r.ts_code) }}</span>
                   <span class="cat" v-if="r.theme">{{ r.theme }}</span>
                   <span class="sp"></span>
+                  <!-- 三源合议两枚芯片 (2026-09-14 页面收尾包): 质地档 + 技术面立场·相位。数据从候选处置的合议摘要来。 -->
+                  <template v-if="conOf(r.ts_code)">
+                    <b v-if="conOf(r.ts_code).overall" :class="conOf(r.ts_code).overall==='好'?'clr-up':(conOf(r.ts_code).overall==='差'?'clr-down':'muted')" :title="'基本面 ' + (conOf(r.ts_code).fund||'无读数')" style="font-size:11.5px">质地{{ conOf(r.ts_code).overall }}</b>
+                    <b :class="techStanceCls(conOf(r.ts_code).tech)" :title="'技术面 ' + (conOf(r.ts_code).tech||'无读数') + ' · ' + (conOf(r.ts_code).phase||'—')" style="font-size:11.5px">{{ conOf(r.ts_code).tech || '技术—' }}</b>
+                  </template>
                   <span class="disp" :class="dispOf(r.ts_code).cls" style="padding:0 6px">{{ dispOf(r.ts_code).label }}</span>
                 </div>
                 <div class="muted" style="margin-top:6px;font-size:11.5px">
@@ -1724,6 +1729,18 @@ body.dock-r:not(.r-fold) .side-r .strip{display:none;}
                     class="muted">今天没有读数</span>
             </template>
           </el-table-column>
+          <!-- 研究面列 (2026-09-14 页面收尾包): 与「我的持仓」那一列同款, 点技术面立场看研究面抽屉。 -->
+          <el-table-column label="研究面" width="92">
+            <template #default="s">
+              <template v-if="s.row.tech">
+                <b :class="techStanceCls(s.row.tech.stance)" style="cursor:pointer;text-decoration:underline dotted"
+                   @click.stop="openCodeSignals(s.row.ts_code)"
+                   :title="'技术面：' + s.row.tech.stance + '（' + (s.row.tech.phase||'') + '）\n' + (s.row.tech.reason||'') + '\n点一下看研究面'">{{ s.row.tech.stance }}</b>
+                <div class="muted" style="font-size:11px" v-if="s.row.tech.phase">{{ s.row.tech.phase }}</div>
+              </template>
+              <span class="muted" v-else>无读数</span>
+            </template>
+          </el-table-column>
           <el-table-column label="做T" width="80">
             <template #default="s">
               <el-tag v-if="s.row.t0_enabled" size="small" type="warning" effect="dark">
@@ -2074,26 +2091,47 @@ body.dock-r:not(.r-fold) .side-r .strip{display:none;}
           </div>
 
           <div class="cs-sect" v-if="techFeed || techFeedErr">
-            <div class="h">研究面 · 技术面<span class="muted" style="font-weight:400" v-if="techFeed && techFeed.tech"> · 读数日 {{ techFeed.tech.data_date }}</span></div>
-            <div class="muted" v-if="techFeedErr">读不到技术面：{{ techFeedErr }}</div>
-            <div class="muted" v-else-if="!techFeed || !techFeed.tech">{{ (techFeed && techFeed.tech_note) || '这只票没有技术面读数' }}</div>
-            <template v-else>
-              <div class="cs-row">
-                <span class="s">立场</span>
-                <b :class="techStanceCls(techFeed.tech.stance)">{{ techFeed.tech.stance }}<span v-if="techFeed.tech.strength"> · {{ techFeed.tech.strength }}</span></b>
-                <span v-if="techFeed.tech.phase">{{ techFeed.tech.phase }}</span>
-                <span class="ab-stale" v-if="techFeed.tech.choppy">震荡市</span>
-                <div style="flex-basis:100%;font-size:12px;line-height:1.45" class="muted" v-if="techFeed.tech.reason">{{ techFeed.tech.reason }}</div>
+            <div class="h">研究面 · 三源合议<span class="muted" style="font-weight:400" v-if="techFeed && techFeed.tech && techFeed.tech.data_date"> · 技术面读数日 {{ techFeed.tech.data_date }}</span></div>
+            <div class="muted" v-if="techFeedErr">读不到研究面：{{ techFeedErr }}</div>
+            <template v-else-if="techFeed">
+              <!-- 四枚芯片: 基本面 / 技术面 / 择时 / 合议。按立场红涨绿跌, 无读数灰; 悬停看一句理由。 -->
+              <div class="cs-row" style="gap:10px;flex-wrap:wrap">
+                <b :class="techStanceCls((techFeed.fund||{}).stance)" :title="(techFeed.fund||{}).fact || (techFeed.fund||{}).why || ('来源：' + ((techFeed.sources||{}).fund||'—'))">基本面 {{ (techFeed.fund||{}).stance || '无读数' }}<span class="muted" v-if="(techFeed.fund||{}).mark"> · {{ techFeed.fund.mark }}</span></b>
+                <b :class="techStanceCls((techFeed.tech||{}).stance)" :title="(techFeed.tech||{}).reason || ('来源：' + ((techFeed.sources||{}).tech||'—'))">技术面 {{ (techFeed.tech||{}).stance || '无读数' }}<span class="muted" v-if="(techFeed.tech||{}).phase"> · {{ techFeed.tech.phase }}</span></b>
+                <b :class="techStanceCls((techFeed.timing||{}).stance)" :title="'昨夜定性 ' + ((techFeed.timing||{}).nightly || '—') + '（' + ((techFeed.timing||{}).trade_date || '—') + '）'">择时 {{ (techFeed.timing||{}).stance || '无读数' }}</b>
+                <b :class="techStanceCls((techFeed.consensus||{}).direction)" :title="(techFeed.consensus||{}).reason || ''">合议 {{ (techFeed.consensus||{}).direction || '—' }}<span class="muted" v-if="(techFeed.consensus||{}).strength"> · {{ techFeed.consensus.strength }}</span></b>
               </div>
-              <div class="cs-row" v-if="techFeed.tech.latest">
-                <span class="s">布林</span><span>{{ (techFeed.tech.latest.boll||{}).state || '—' }}</span>
-                <span class="muted" v-if="(techFeed.tech.latest.boll||{}).squeeze">收口</span>
-                <span class="s">多空布林线</span><span>{{ (techFeed.tech.latest.bbi||{}).state || '—' }}</span>
-                <span class="s">SAR</span>
-                <b :class="techFeed.tech.sar_side==='多'?'clr-up':'clr-down'">{{ techFeed.tech.sar_side || '—' }}</b>
-                <span class="muted" v-if="techFeed.tech.sar_value!=null">止损位 <span class="mono">{{ techFeed.tech.sar_value }}</span></span>
-                <span class="muted" v-if="techFeed.tech.sar_flip_days!=null">翻向 {{ techFeed.tech.sar_flip_days }} 天</span>
+              <div class="cs-row" v-if="(techFeed.consensus||{}).route">
+                <span class="s">路由</span><span>{{ techFeed.consensus.route }}</span>
+                <span class="muted" v-if="techFeed.consensus.route_reason">{{ techFeed.consensus.route_reason }}</span>
               </div>
+              <div class="cs-row" v-if="techFeed.company">
+                <span class="s">质地</span><span>{{ techFeed.company.line }}</span>
+                <a v-if="techFeed.company.report_url" :href="techFeed.company.report_url" target="_blank" rel="noopener">评析报告</a>
+                <span class="ab-stale" v-if="techFeed.company.doubt_hard">硬疑点</span>
+              </div>
+              <div class="cs-row" v-if="(techFeed.company||{}).invalidation">
+                <span class="s muted">失效条件</span><span class="muted">{{ techFeed.company.invalidation }}</span>
+              </div>
+              <template v-if="techFeed.tech">
+                <div class="cs-row">
+                  <span class="s">技术面</span>
+                  <b :class="techStanceCls(techFeed.tech.stance)">{{ techFeed.tech.stance }}<span v-if="techFeed.tech.strength"> · {{ techFeed.tech.strength }}</span></b>
+                  <span v-if="techFeed.tech.phase">{{ techFeed.tech.phase }}</span>
+                  <span class="ab-stale" v-if="techFeed.tech.choppy">震荡市</span>
+                  <div style="flex-basis:100%;font-size:12px;line-height:1.45" class="muted" v-if="techFeed.tech.reason">{{ techFeed.tech.reason }}</div>
+                </div>
+                <div class="cs-row" v-if="techFeed.tech.latest">
+                  <span class="s">布林</span><span>{{ (techFeed.tech.latest.boll||{}).state || '—' }}</span>
+                  <span class="muted" v-if="(techFeed.tech.latest.boll||{}).squeeze">收口</span>
+                  <span class="s">多空布林线</span><span>{{ (techFeed.tech.latest.bbi||{}).state || '—' }}</span>
+                  <span class="s">SAR</span>
+                  <b :class="techFeed.tech.sar_side==='多'?'clr-up':'clr-down'">{{ techFeed.tech.sar_side || '—' }}</b>
+                  <span class="muted" v-if="techFeed.tech.sar_value!=null">止损位 <span class="mono">{{ techFeed.tech.sar_value }}</span></span>
+                  <span class="muted" v-if="techFeed.tech.sar_flip_days!=null">翻向 {{ techFeed.tech.sar_flip_days }} 天</span>
+                </div>
+              </template>
+              <div class="muted" v-else>{{ (techFeed.sources||{}).tech || '这只票没有技术面读数' }}</div>
             </template>
           </div>
 
@@ -2888,6 +2926,9 @@ createApp({
       }
       return { cls: 'wait', label: '在盯', why: '' };
     }
+    // 候选行的三源合议摘要 (2026-09-14 页面收尾包): 后端候选处置快照 by_code 里挂的 consensus 小块
+    // (fund/overall/tech/phase/direction/route)。没有就返回 null, 芯片整段不显示。
+    const conOf = (code) => ((openScan.value.by_code || {})[code] || {}).consensus || null;
     const denyToday = computed(() => (planRows.value || []).map(r => {
       const d = dispOf(r.ts_code);
       return d.cls === 'deny' ? { ts_code: r.ts_code, name: (r.name || nm(r.ts_code)), why: d.why } : null;
@@ -4287,7 +4328,7 @@ createApp({
       autoScanRes, autoScanBusy, autoScanPreview, stageTagType, autoInfo,
       openStrategy, validateStrategy, attachStrategy, setStrategyStatus, stratStateText, resumeBuy,
       showLedger, onPosExpand,
-      openScan, insTab, todayYmd, insLive, insDone, insEnd, dispOf, loadOpenScan, denyToday,
+      openScan, insTab, todayYmd, insLive, insDone, insEnd, dispOf, conOf, loadOpenScan, denyToday,
       commandsShown, strategiesShown, instrLive, showAllCommands, showAllStrategies, showAllInstr,
       cmdArchivable, stratArchivable, archiveRow,
       showOpLog, showSettings, watchCandidates, marketOpen, marketState, lastRefresh, autoRefresh,
diff --git a/scripts/run_tests.py b/scripts/run_tests.py
index 8ae6566..05c53f0 100644
--- a/scripts/run_tests.py
+++ b/scripts/run_tests.py
@@ -98,16 +98,19 @@
                         取不到按等待/时段外开口进观察)/in_window 与 reask_rules 同源哨兵/synthesize
                         与 _compact 带 boll_upper/接线突破重合议为放行且硬数字带 intraday/开口未确认
                         路由改观察带 wait_confirm/总闸关掉 _intraday_cfg 为 None/参数登记与范围 (19 例)
+  test_batch33_units.py 页面收尾包·单票研究面接口 (2026-09-14): _research_st 来源解析 (持仓/候选/都没有)/
+                        api_research 六块齐全且来源逐路标 ok / 无读数票 company 为 None 且来源标明。
+                        前端三处 (抽屉四芯片、候选栏芯片、管理研究面列) 由两道页面守卫与真机视觉判收兜 (5 例)
   test_page_enum_guard.py 页面文案守卫 (静态扫描, 不连库不起浏览器): 枚举字段不许
                         直接印到页面上 / 判据码显示前必须剥前缀 / 不许把整个对象
                         打给交易员看 / 翻译兜底不许让英文码单独当句子   (1 例)
   test_wiring.py        装配自检: 服务层→核心→落表 全链路 (内存桩) +
                         目标价到价必定入队 (档位 full 也不自动卖) +
                         用户设的止损价与目标价单独成列显示                (70 例)
-                                                                  共 866 例
+                                                                  共 871 例
   (总数按实跑逐批相加校正过两次: 曾写 649 是笔误, 实为 650; 09-03 先后加了同轮只发一条
    减持与研究理由两键各一例, 到 652; 09-04 加了仅展示跳过原因与空候选说明各一例, 到 654; 又加了页面文案守卫一例, 到 655; 09-07 审查修复加了跨轮减持等五例, 到 660; 第二件低把握驳回交人一例, 到 661; 第三件逻辑状态接入第二十二批十五例, 到 676; 第四件安全边际整句透传一例, 到 677; 参考目标价一例, 到 678; 催化事件与定价状态透传一例, 到 679; 两个期限的头一例, 现为 680; 09-10 建议档位对齐第二十六批十七例到 697; 09-11 技术面接入工作包一第二十七批二十七例到 724; 三源合议工作包二纯逻辑第二十八批三十七例到 763; 接入下单链路第二十九批二十四例到 787; 工作包三离场纪律第三十批十八例到 805; part3 盘中 SAR 止损线补九例到 814; part4 弱基本面紧止盈补六例到 820;
-   09-14 观察读数包第三十一批二十例到 840; 加固包给第二十八批加三例、第三十批加三例到 846; 评审修订第三十一批加一例到 847; 09-14 盘中确认包第三十二批十九例, 现为 866)
+   09-14 观察读数包第三十一批二十例到 840; 加固包给第二十八批加三例、第三十批加三例到 846; 评审修订第三十一批加一例到 847; 09-14 盘中确认包第三十二批十九例到 866; 页面收尾包第三十三批五例, 现为 871)
 任一子集失败即整体失败 (退出码 1)。
 
 哨兵位置清单 (2026-09-03 抄录; 改了对应的东西就得来这些地方改断言, 断言不动就是漏了):
@@ -163,6 +166,7 @@ SUITES = ["test_core_units.py", "test_batch2_units.py", "test_batch3_units.py",
           "test_batch30_units.py",
           "test_batch31_units.py",
           "test_batch32_units.py",
+          "test_batch33_units.py",
           "test_page_enum_guard.py",
           "test_page_wiring_guard.py",
           "test_wiring.py"]
diff --git a/scripts/test_batch33_units.py b/scripts/test_batch33_units.py
new file mode 100644
index 0000000..b17e2e4
--- /dev/null
+++ b/scripts/test_batch33_units.py
@@ -0,0 +1,147 @@
+# -*- coding: utf-8 -*-
+"""页面收尾包 · 单票研究面接口 (2026-09-14)。后端离线单测, 不连库。
+
+研究面接口补齐六块 (公司/基本面/技术面/择时/合议/来源), 页面抽屉四芯片、候选栏芯片、
+管理视图研究面列消费它。前端三处由两道页面守卫 (wiring/enum) 与真机视觉判收兜, 这里测后端:
+  A 研究面来源解析 _research_st: 持仓票 / 候选票 / 都没有 三情形。
+  B 研究面接口 api_research: 六块齐全且来源逐路标明; 无读数票 company 为 None、来源标不在持仓也不在候选。
+"""
+import os
+import sys
+import traceback
+
+sys.path.insert(0, os.path.dirname(os.path.dirname(os.path.abspath(__file__))))
+
+from app.web import main                                  # noqa: E402
+from app.services import (consensus_service, tech_service,  # noqa: E402
+                          logic_state_service, plan_feed)
+
+RESULTS = []
+
+
+def case(name):
+    def deco(fn):
+        RESULTS.append((name, fn))
+        return fn
+    return deco
+
+
+class _patch:
+    """按 (模块, 属性名, 替身) 列表打桩, with 结束自动还原。"""
+
+    def __init__(self, *specs):
+        self.specs = specs
+        self._saved = []
+
+    def __enter__(self):
+        for mod, attr, fn in self.specs:
+            self._saved.append((mod, attr, getattr(mod, attr)))
+            setattr(mod, attr, fn)
+        return self
+
+    def __exit__(self, *a):
+        for mod, attr, orig in reversed(self._saved):
+            setattr(mod, attr, orig)
+        return False
+
+
+# ================================================================ A 来源解析
+@case("A _research_st·持仓票 → held (逻辑状态映射有买方评析)")
+def _():
+    with _patch((logic_state_service, "state_map",
+                 lambda: {"600000.SH": {"company_review": {"overall": "好"},
+                                        "company_review_text": "x"}})):
+        st, src = main._research_st("600000.SH")
+    assert src == "held" and (st.get("company_review") or {}).get("overall") == "好"
+
+
+@case("A _research_st·候选票 → candidate (不在持仓, 当日计划主榜有)")
+def _():
+    with _patch((logic_state_service, "state_map", lambda: {}),
+                (plan_feed, "get_plan",
+                 lambda **k: {"main": [{"ts_code": "600001.SH",
+                                        "company_review": {"overall": "中"},
+                                        "company_review_text": "y"}], "observe": []})):
+        st, src = main._research_st("600001.SH")
+    assert src == "candidate" and (st.get("company_review") or {}).get("overall") == "中"
+
+
+@case("A _research_st·都没有 → none")
+def _():
+    with _patch((logic_state_service, "state_map", lambda: {}),
+                (plan_feed, "get_plan", lambda **k: {"main": [], "observe": []})):
+        st, src = main._research_st("600002.SH")
+    assert st is None and src == "none"
+
+
+# ================================================================ B 研究面接口
+def _mock_assemble(bull=True):
+    if bull:
+        return lambda row, **k: {"fund": {"stance": "看多", "fact": "质地好"},
+                                 "tech": {"stance": "看多", "phase": "趋势多"},
+                                 "timing": {"stance": "看多", "nightly": "BUY", "intraday_flip_at": None},
+                                 "consensus": {"direction": "看多", "route": "放行", "reason": "三方看多"}}
+    return lambda row, **k: {"fund": {"stance": "无读数", "why": "没有买方评析"},
+                             "tech": {"stance": "无读数"},
+                             "timing": {"stance": "无读数", "no_read_why": "没有昨夜结论"},
+                             "consensus": {"direction": "中性", "route": "跳过"}}
+
+
+@case("B api_research·六块齐全, 来源逐路标 ok")
+def _():
+    with _patch(
+        (logic_state_service, "state_map",
+         lambda: {"600000.SH": {"company_review": {"overall": "好"}, "company_review_text": "x"}}),
+        (logic_state_service, "company_view",
+         lambda st: {"overall": "好", "line": "质地好（…）", "report_url": None}),
+        (consensus_service, "nightly_map", lambda codes: {"600000.SH": {"verdict": "BUY", "trade_date": 20260911}}),
+        (consensus_service, "state_map", lambda: {}),
+        (consensus_service, "assemble", _mock_assemble(True)),
+        (tech_service, "research_feed", lambda code: {"tech": {"stance": "看多", "phase": "趋势多", "latest": {}}}),
+    ):
+        r = main.api_research("600000.SH")
+    d = r["data"]
+    for k in ("company", "fund", "tech", "timing", "consensus", "sources"):
+        assert k in d, k
+    assert d["consensus"]["direction"] == "看多"
+    assert d["timing"]["trade_date"] == 20260911
+    assert d["sources"]["company"] == "ok" and d["sources"]["consensus"] == "ok"
+    assert d["sources"]["fund"] == "ok" and d["sources"]["tech"] == "ok"
+
+
+@case("B api_research·无读数票 → company 为 None, 来源标不在持仓也不在候选")
+def _():
+    with _patch(
+        (logic_state_service, "state_map", lambda: {}),
+        (plan_feed, "get_plan", lambda **k: {"main": [], "observe": []}),
+        (consensus_service, "nightly_map", lambda codes: {}),
+        (consensus_service, "state_map", lambda: {}),
+        (consensus_service, "assemble", _mock_assemble(False)),
+        (tech_service, "research_feed", lambda code: {"tech": None, "note": "这只票没有技术面读数"}),
+    ):
+        d = main.api_research("600002.SH")["data"]
+    assert d["company"] is None
+    assert d["sources"]["company"] == "不在持仓也不在候选"
+    assert d["sources"]["fund"] != "ok" and d["sources"]["tech"] != "ok"
+
+
+def main_():
+    ok = 0
+    for name, fn in RESULTS:
+        try:
+            fn()
+            ok += 1
+            print("  ok  " + name)
+        except Exception:
+            print("  FAIL " + name)
+            traceback.print_exc()
+    print("-" * 60)
+    if ok == len(RESULTS):
+        print("ALL PASS (%d cases)" % ok)
+        return 0
+    print("FAILED %d/%d" % (len(RESULTS) - ok, len(RESULTS)))
+    return 1
+
+
+if __name__ == "__main__":
+    sys.exit(main_())