Core Viewpoint - The recent increase in companies successfully removing their ST (Special Treatment) status indicates a more stable process of delisting than initially feared, with nearly 40 companies achieving this since early 2025, compared to only a few in the same period last year [2][5]. Group 1: Delisting Process and Company Actions - The delisting process has been smooth, largely due to proactive self-rescue efforts by listed companies [2]. - Nearly 40 companies have successfully "脱星摘帽" (removed ST status) since early 2025, a significant increase from just over ten in the same period last year [4][5]. - Common issues leading to ST status included underperformance, negative net assets, long-term fund occupation by major shareholders, internal control problems, and administrative penalties [3]. Group 2: Characteristics of Successful Companies - Companies that successfully removed their ST status often improved their operational conditions, profitability, and internal controls, demonstrating a capacity for recovery [3][10]. - A notable increase in companies removing ST status occurred after May 6, with 14 companies achieving this in just 30 days, attributed to the completion of annual reports and audits [6]. - Many of the companies that "脱星摘帽" had undergone restructuring, addressing previous issues and improving their financial health [7]. Group 3: Future Implications and Market Signals - The surge in companies successfully removing ST status sends a positive signal to the market, indicating improved governance and operational efficiency [10]. - This trend may enhance investor confidence and encourage other companies to strengthen their management and governance practices, ultimately improving the overall quality of listed companies [10].

1、 美方称中方违反中美日内瓦经贸会谈共识，商务部新闻发言人就上述有关言论答记者问指出，中方维护权益是坚定的，落实共识是诚信的。 美 单方面不断挑起新的经贸摩擦，加剧双边经贸关系的不确定性、不稳定性，不仅不反思自身，反而倒打一耙，无端指责中方违反共识，这严重背离 事实。 中方坚决拒绝无理指责。中方敦促美方与中方相向而行， 立即纠正有关错误做法，共同维护日内瓦经贸会谈共识。 2、据中国证券报，A股6月行情即将拉开帷幕。 展望后市表现，当前机构多数持相对谨慎态度，认为市场短期在扰动因素作用下有一定下行压力，但底部 比较结实，后续或以结构性行情为主。 具体配置上，机构继续建议以红利资产作为底仓，同时兼顾成长、消费方向布局机遇，看好银行、算力产业链、 卡牌潮玩、创新药等板块。 3、欧盟委员会新闻发言人表示， 欧盟对美国总统特朗普宣布从6月4日起将钢铁和铝关税从25%提高至50%深表遗憾，这一决定进一步加剧了大西洋两岸 的经济不确定性。 发言人称谈判仍在继续——双方已同意加快谈判进程，本周将举行会谈。 欧盟贸易专员塞夫科维奇将于6月4日在法国巴黎会见美国贸 易代表格里尔。 1、中证报头版刊文指出，中国5月制造业PMI环 ...

上市公司被实施*ST或ST，一方面向投资者提示风险，另一方面也给问题公司施加压力，让其通过积极 自救化解风险，重获融资功能，吸引资金重新评估，优化市场资源配置。 具体来看，在上述28家上市公司中，有14家ST公司"摘帽"，另外14家*ST公司既"脱星"又"摘帽"。 中央财经大学资本市场监管与改革研究中心副主任李晓在接受《证券日报》记者采访时表示，"脱星摘 帽"的核心是消除触发风险警示的情形，主要包括财务改善、内控修复与司法重整三类方式，一是破产 重整化解债务危机，资不抵债企业常通过司法重整引入战略投资人，剥离低效资产并实施债转股；二是 主业聚焦与经营能力修复，依靠内生增长实现营收与利润达标；三是内控缺陷整改与合规修复。 据上市公司公告，6月3日，常熟市国瑞科技股份有限公司、宁波先锋新材料股份有限公司2家上市公 司"摘帽"，股票简称从ST瑞科、ST先锋变为国瑞科技、先锋新材。6月4日，哈尔滨威帝电子股份有限 公司证券简称将由*ST威帝变更为威帝股份。 据Wind资讯数据统计，截至6月3日，今年以来，累计28家上市公司"脱星""摘帽"（不含*ST威帝），超 过去年同期。这些公司主要通过财务改善、内控修复与破产重整 ...