Ankai Bus: It is expected that the net profit will be a loss of 50-60 million yuan in 2025.

Ankai Coach announced that the estimated net loss for the year 2025 is between 50 million and 60 million yuan, compared to a profit of 8.392 million yuan in the same period last year. The company expects the net profit attributable to shareholders of the listed company to be negative in 2025. The main reasons for the change in performance are intense market competition leading to a decrease in overall gross profit margin of products, and impairment losses from the unrecovered subsidies for special provisions.