Financial Insights Into SERES's Growth Journey
CHONGQING, China — SERES has recently revealed its financial performance for the first three quarters of the year. The company has reported a stunning revenue of 110.534 billion RMB and a remarkable net profit attributable to shareholders amounting to 5.312 billion RMB. This profit reflects a year-over-year growth of 31.56%, showcasing the company’s robust financial health and increasing market share.
AITO's Expanding Product Portfolio
The AITO brand is rapidly establishing itself within the electric vehicle market, with a broadening range of models that have struck a chord with consumers. Recent launches, including the AITO M5 Ultra, the latest AITO M9 edition, and family-friendly AITO M7 and AITO M8, have received enthusiastic responses from both customers and critics.
Record Deliveries and Consumer Demand
AITO has achieved over 800,000 deliveries across all its models to date, an impressive feat affirming its reputation. Notably, the AITO M9 has emerged as a frontrunner in its category, reaching over 250,000 deliveries within just 21 months. Similarly, the AITO M8 has surpassed 100,000 deliveries, dominating the 400,000 RMB price segment for four consecutive months. Shortly after its launch, the AITO M7 made waves by achieving over 20,000 deliveries in a remarkable 36 days, indicating its appeal in the fast-evolving EV landscape.
Brand Performance and Consumer Confidence
AITO's stellar performance continues to be recognized in the automotive industry. In the 2025 First Half New Energy Vehicle Brand Health Study by Landroads Consulting, AITO ranked top in the Brand Development Confidence Index, further solidifying its standing in the EV sector. The AITO M9 also achieved high customer satisfaction, leading the Net Promoter Score (NPS) rankings among new energy vehicles with an impressive score of 85.2, which reflects strong consumer loyalty.
Innovative Strategies Driving Success
The remarkable success of AITO stems from SERES's commitment to innovation and its strategic direction towards creating software-defined vehicles. SERES invests significantly in cutting-edge technologies, focusing on electrification and advanced intelligent systems, which enhances the vehicles' competitiveness. This commitment is evident in their proprietary SERES MF Technology Platform, the SERES Super Range Extender, and SERES Intelligent Safety systems.
Acknowledgments for Excellence
SERES's commitment to innovation and product excellence has not gone unnoticed. The company was honored with the "2024 Golden Bull Most Valuable Investment Award," underscoring its status as a key player in the industry. Furthermore, SERES's remarkable ascent in China's corporate rankings saw it climb 270 positions to 190th in the list of Top 500 Enterprises, establishing itself as one of the nation’s fastest-growing firms.
Preparing for the Future with an IPO
In an exciting development, SERES has initiated its Hong Kong IPO process, aiming for a listing on the Main Board of the Hong Kong Stock Exchange. This strategic move, set for November, positions SERES as the first luxury new energy vehicle manufacturer to list on both the mainland and Hong Kong ('A+H' listing). This dual listing is anticipated to provide additional momentum for SERES's ongoing growth and innovation initiatives, paving the way for future successes.
Frequently Asked Questions
What financial results did SERES report?
SERES reported a revenue of 110.534 billion RMB and a net profit of 5.312 billion RMB for the first three quarters, reflecting a growth of 31.56% year-over-year.
How many vehicles has AITO delivered?
To date, AITO has delivered over 800,000 vehicles across all models, showcasing significant market demand.
What is the significance of the Hong Kong IPO?
SERES's upcoming IPO will allow it to be the first luxury NEV maker listed on both the mainland and Hong Kong, boosting its market presence.
Which AITO models are performing well?
The AITO M9 has achieved over 250,000 deliveries while the AITO M8 has surpassed 100,000 deliveries, leading their respective market segments.
What innovations is SERES focusing on?
SERES is investing in a software-defined vehicle strategy, emphasizing electrification and intelligent systems to enhance product competitiveness.
