证券时报记者 邓飞

The securities times reporter DengFei

　　仅上周，沪市就有多达12只ST股摘帽复牌，本周一，再有4只ST股转正。摘帽股复牌涨停奇观成为低迷A股的一道独特风景线。这一切源自上交所放宽ST股“脱帽摘星”的财务要求，不再将“扣除非经常性损益后净利为负”等作为摘帽的卡壳条件，大幅放宽摘帽条件让A股史无前例的ST“摘帽”潮启幕上演。

Only last week，Shanghai has as many as 12 only ST shares pick cap complex brand，On Monday，Another 4 only ST shares become a full member。Pick cap strands of resumption of harden wonders become downturn A share A unique scenery line。All this comes from ShangJiaoSuo relaxing ST shares“Vail the stars”Financial requirements，Will no longer be“After deducting the profits and losses of the current net is negative”As pick cap stove pipe condition，Greatly relaxed pick cap conditions to let A share an unprecedented ST“Pick cap”Tide curtain-up stage。

　　7天16只ST股密集摘帽 Seven days only 16 ST shares intensive pick cap

　　上周一，ST福日摘帽复牌，更名为福日电子(600203,股吧)。该股开盘即被巨量封死涨停。福日电子摘帽复牌后连续4个涨停，直到上周五才停下上涨脚步。从龙虎榜数据看，游资击鼓传花仍是此类题材股的主基调。湘财证券杭州教工路营业部在该股复牌首日火速买入后就在上周三迅速离场，单日卖出金额达770万元；银河证券宁波翠柏路营业部及中投证券广州体育东路营业部等营业部则高位接力。

Last week，ST FuRi pick cap complex brand，Renamed FuRi electronic(600203,guba)。The stock opening is huge amount sealed harden。FuRi electronic pick cap after resumption of continuous four harden，Until last Friday to stop up steps。From the billboard data to see，Hot money playing music ball is still such subjects shares advocate fundamental key。XiangCai securities hangzhou staff and sales department in the stock after the first flash CARDS bought after in last Wednesday off quickly，Single day sell a value of RMB 7.7 million；Galaxy securities business department and ningbo incense cedar road bank securities guangzhou sports road sales department and sales department is high relay。

　　上周二，ST廊发展、ST安彩、ST金杯、ST梅雁集体发布摘帽公告，分别更名为廊坊发展(600149,股吧)、安彩高科(600207,股吧)、金杯汽车(600609,股吧)、梅雁水电(600868,股吧)，上述4只摘帽股在上周三复牌后全部“一”字涨停。受ST股摘帽潮的推波助澜，上周二及周三ST板块走势强劲，连续两天板块个股大面积上涨，仅上周二就有19只涨停。上周三摘帽的安彩高科、金杯汽车、梅雁水电也是连续涨停，截至上周五收盘，上述3只摘帽股均是连续3个涨停。

Last Tuesday，ST gallery development、ST AnCai、ST gold cup、ST MeiYan collective release pick cap announcement，Were renamed langfang development(600149,guba)、Ancai high-tech(600207,guba)、Jinbei automobile(600609,guba)、MeiYan hydropower(600868,guba)，The above four only pick the cap shares in the last Wednesday after the resumption of all“a”Word harden。ST shares by pick cap tide adding fuel to the fire，On Tuesday and Wednesday's ST plate strong trend，Two successive days plate stocks rise in large area，Only last Tuesday have 19 only harden。Last Wednesday pick cap ancai high-tech、Jinbei automobile、MeiYan hydropower is successive harden，By the closed on Friday，The above three only pick the cap shares are 3 successive harden。

　　上周四，ST精伦及ST北人分别更名为精伦电子(600355,股吧)及北人股份并复牌，效仿前辈复牌首日“一”字涨停已成摘帽股的必修课。公开信息显示，仅有北人股份在上周五出现机构席位卖出220.79万元的情况。

On Thursday，ST routon and ST northerners were renamed routon electronic(600355,guba)And northerners shares and complex brand，Follow the lead of predecessors first resumption“a”Word harden has become a pick cap strands of a required course。Public information display，Only northerners shares last Friday in emergence body seats sold 2.2079 million yuan situation。

　　上周五，ST中房、ST香梨、ST国发、ST高陶、ST秦岭同时摘帽复牌，分别更名为中房股份(600890,股吧)、香梨股份(600506,股吧)、北海国发(600538,股吧)、高淳陶瓷(600562,股吧)、秦岭水泥(600217,股吧)，除香梨股份当日高开低走股价收跌外，其余4只摘帽股均如期涨停。而当中股价最低的秦岭水泥昨日再度涨停，该股股价也重回3元上方。

Last Friday，ST zhong、ST bergamot pear、ST nation、ST GaoTao、ST qinling and pick cap complex brand，Were renamed as Chinese real estate shares(600890,guba)、Bergamot pear shares(600506,guba)、The north sea nation(600538,guba)、GaoChun ceramic(600562,guba)、Qinling cement(600217,guba)，In addition to the pear shares high open low share prices go down the outside，The rest 4 only pick the cap shares are duly harden。And share prices of the lowest qinling cement harden again yesterday，The shares also went back to above 3 yuan。

　　与此同时，市场资金的炒作热情蔓延至整个ST板块。从上周沪深两市个股涨幅榜前100位的情况看，成功摘帽的ST股涨幅居前，有7只摘帽股周涨幅超过20%。其中，福日电子周涨幅高达39.18%。在上周涨幅榜前100位个股当中，ST股占据23席，占比超过2成。

meanwhile，Market funds hype enthusiasm spread to the whole ST plate。From last week, Shanghai or shenzhen, two cities stocks or before a list of 100 case，Successful pick cap ST shares or the first，There are 7 only pick the cap stock weeks rose more than 20%。the，FuRi electronic weeks rose as high as 39.18%。In the last week or list the top 100 of individual stocks，ST shares occupy 23 seats，Accounted for more than 2 into than。

　　昨日，又有4家公司同时宣布摘帽。除正在进行资产重组的ST天宏更名为新疆天宏外，ST南化、ST太化、SST中纺昨日分别更名为南化股份、太化股份、S中纺机并复牌交易。仅7个交易日，沪市就有16只ST股实现摘帽。

yesterday，And four companies also announced pick cap。In addition to ongoing assets reorganization ST days macro renamed as xinjiang days macro outside，ST NaHua、ST TaiHua、SST ZhongFang yesterday were renamed as NaHua shares、TaiHua shares、S in textile machinery and resumption of trading。Only seven trading day，Shanghai has 16 only ST shares realize pick cap。

　摘帽公司各有千秋 Pick cap company each has his strong point

　　一个月前，大家还在猜测ST股中谁将是“退市第一股”。一个月后，大家却开始念叨“今天您的股摘帽了吗”？

A month ago，Everyone still guess ST shares who will be in“Delisted first shares”。After a month，But you start talking of you“Today your stock picking cap”？

　　有分析人士表示，根据最新规则，ST公司的摘帽条件较以往大幅放宽。比照ST安彩的摘帽条件，只要去年净利润为正，净资产为正，营业收入大于1000万元，财务报表无保留意见，且不存在那些被交易所规定的其他风险警示行为，就很有希望在今年12月31日之前被摘帽。证券时报记者统计数据发现，在尚未宣布摘帽且在交易的ST公司中，2011年净利润为正，主营收入超过1000万元，且最近一个会计年度的财务报告审计意见为标准无保留的公司，包括ST新材、ST金叶、ST合臣、ST金谷源、SST华新、ST合金、ST皇台等12家。

Have analysts said，According to the latest rules，ST company's pick cap conditions greatly relaxed than ever before。In the ST AnCai pick cap conditions，As long as the last year net profit is positive，Net assets is，Operating income more than 10 million yuan，Financial statements unqualified opinion，And does not exist the exchange the provisions of other risk warning behavior，Is hopeful in December 31 before being picked cap。The securities times reporter found statistical data，In has not yet been announced pick cap and trade in the ST companies，2011 net profit is positive，The main income of over 10 million yuan，And a recent accounting year financial statements auditing opinions for the standard unqualified company，Including ST new material、ST gold leaf、ST joint minister、ST JinGu source、SST huaxin、ST alloy、ST huang table and 12 home。

　　事实上，不少本轮摘帽的ST公司，均是去年通过营业外收入实现扭亏。以中房股份为例，该股就是因为去年底收到长铃集团的和解款2000万元，转回以前年度计提的坏账准备，从而实现扭亏为盈，而公司去年营业收入仅有1254万元，刚好越过生命线。如果按照中房股份最新的半年报来看，公司今年上半年继续亏损951万元，营业收入也不过403万元，公司经营状况较去年同期并未出现明显改善。与中房股份情况类似的还有精伦电子、北人股份、安彩高科等公司。

In fact，A lot of this pick cap ST company，All is last year through the non-operating revenue realization eliminate losses。In Chinese real estate shares as an example，The stock is because the end received long fluid group settlement money 20 million yuan，Turn back to the previous fiscal year withdrawal of the provision for bad debts，So as to realize the turnaround，And the company business income last year only 12.54 million yuan，Just across the lifeline。If, in accordance with the Chinese real estate shares the latest semi-annual report to see，The company in the first half of this year to continue loss 9.51 million yuan，Operating income also however 4.03 million yuan，The company operating status than the same period last year did not appear obviously improved。And the Chinese real estate shares the similar and routon electronic、Northerners shares、Ancai high-tech company, etc。

　　而截至8月26日，在已公布半年报的84家ST公司里，在扣除非经常性损益后，仅有18家公司净利润为正，66家ST公司的净利润为负。

But as of August 26,，In the published half of the annual report 84 ST company，After regular tax unless profits and losses，Only 18 companies is net profit，66 ST company net profit for the negative。