安凯客车预亏，半年内遭安徽省投资集团两度减持

Core Viewpoint - Ankai Bus is facing significant financial pressure, with major shareholder Anhui Investment Group reducing its stake twice within six months, coinciding with the company's anticipated return to losses in 2025 [1][3]. Shareholder Actions - Anhui Investment Group reduced its holdings by 2.2 million shares from November 27, 2025, to February 24, 2026, representing 0.23% of the total share capital, with a total reduction amounting to approximately 11.05 million yuan [1][2]. - In a previous reduction from August 26 to September 15, 2025, the group sold 9.3951 million shares, accounting for 1% of the total share capital, realizing about 54.87 million yuan [2]. Financial Performance - Ankai Bus is projected to incur a net loss of 50 million to 60 million yuan for the year 2025, a stark contrast to a profit of 8.392 million yuan in the previous year [3][4]. - The company's net profit excluding non-recurring items is expected to be a loss of 90 million to 100 million yuan, worsening from a loss of 54.931 million yuan in the prior year [4]. - Revenue is forecasted to be between 3.4 billion and 3.5 billion yuan, showing a significant increase from 2.735 billion yuan in the previous year, indicating growth in sales despite the losses [4]. Production and Sales Trends - In January 2026, Ankai Bus produced 761 vehicles, a 35.65% increase year-on-year, while sales fell by 18.36% to 458 vehicles [5]. - As of February 25, 2026, Ankai Bus shares closed at 4.94 yuan, with a total market capitalization of approximately 4.641 billion yuan, reflecting a decline of over 30% in the past year [5].