Group 1: Company Development Plans - The company aims to leverage the growth of the new energy vehicle industry and the implementation of the "Safety Performance Inspection Regulations for New Energy Vehicles" to enhance its market presence in vehicle inspection and automotive aftermarket services [1][8]. - The company has established 32 service outlets nationwide, achieving comprehensive market coverage [2]. Group 2: Technological Advancements - The company has developed new energy vehicle inspection equipment and systems, which have received certification from the Ministry of Public Security, and are currently in trial operation with mass production conditions [2][3]. - The company is actively exploring the application of AI technologies in its inspection systems to enhance its competitive edge [5][6]. Group 3: Market Opportunities and Challenges - The implementation of the new energy vehicle inspection regulations is expected to create significant market opportunities for companies with technological advantages [8]. - The overall level of vehicle inspection stations in China is still low, indicating potential growth in inspection demand as vehicle ownership increases [8][11]. Group 4: Financial Performance and Risks - The company reported a 263.73% drop in net profit for 2024, primarily due to reduced inspection demand following policy changes [10][11]. - The company is facing challenges from two rounds of policy adjustments that have decreased inspection frequency, impacting revenue from acquired inspection stations [10][11]. Group 5: Research and Development - In 2024, the company invested 43.89 million yuan in R&D and holds 90 patents and 209 software copyrights [7]. - The company plans to continue focusing on R&D to align with national policies and market demands, enhancing its innovation capabilities [7][12].

Core Viewpoint - Anke Detection reported a significant decline in financial performance for 2024, with total revenue of 448 million yuan, a year-on-year decrease of 3.05%, and a net profit attributable to shareholders of -213 million yuan, a drastic decline of 263.73% [1][4] Group 1: Policy Impact - The company faced major challenges in 2024 due to the cumulative impact of two vehicle inspection policies, which reduced inspection frequency for vehicles under ten years old, leading to a sharp decline in demand [4] - The implementation of government initiatives aimed at increasing the elimination rate of old vehicles further impacted the vehicle inspection business, resulting in a continuous decrease in inspection frequency [4] - Acquired vehicle inspection stations underperformed, leading to significant goodwill impairment, as policy changes severely reduced operational efficiency and increased financial pressure on the company [4] Group 2: Diversification Efforts - Anke Detection actively pursued business diversification in 2024 through a "detection entry + ecological derivative" strategy, expanding into insurance agency, used car trading services, and power battery testing and maintenance [5] - The company invested heavily in technology development and platform construction, including the "Mati Smart Inspection" and "Mati Easy Car" platforms, aimed at enhancing operational efficiency and service quality through digital means [5] - Despite these efforts, the shrinking market demand resulted in a significant decline in both operating profit and net profit, indicating that the diversification strategy did not yield immediate positive results [5] Group 3: Future Outlook and Challenges - Despite the poor performance in 2024, Anke Detection remains optimistic about the future, anticipating that the increasing number of vehicles and the aging of existing vehicles will gradually restore inspection volumes and drive market growth [6] - The company plans to closely monitor market dynamics and adopt strategies to address challenges while seizing opportunities [6] - The primary challenge for Anke Detection lies in achieving sustainable growth amid policy changes and market uncertainties, necessitating further efforts in business innovation and market expansion [6]