安车检测(300572.SZ)：预计2025年亏损1亿元-2亿元

Core Viewpoint - Anke Detection (300572.SZ) expects a loss of 200 million to 100 million yuan in 2025, with a non-recurring loss of 248.36 million to 148.36 million yuan due to reduced demand for vehicle inspections caused by policy changes [1] Company Summary - The company has been significantly impacted by two overlapping vehicle inspection policies, leading to a substantial decrease in inspection demand as most vehicles are under ten years old and only require inspection once within that period [1] - The actual performance of the company's vehicle inspection station operations has not met expectations, resulting in a significant discrepancy between actual and expected results [1] - The company has made preliminary assessments to impair goodwill and related assets from acquired vehicle inspection stations due to the adverse financial outlook [1] Industry Summary - In 2024, new policies aimed at transforming and upgrading the automotive consumption market in China are expected to accelerate the elimination of old vehicles, further squeezing the vehicle inspection business and contributing to a downward trend in overall inspection frequency demand [1] - The Ministry of Ecology and Environment and other departments are set to issue opinions to enhance the regulation of vehicle emissions inspection institutions, which may increase market demand for vehicle inspection systems and help restore the company's profitability [1]