SERES Achieves Record Net Profit and Eyes Hong Kong Listing

Impressive Financial Results Highlight SERES' Growth

On October 30, SERES released its latest financial results, announcing a significant revenue generation of 110.534 billion RMB and a net profit of 5.312 billion RMB for the first three quarters. This marks a remarkable year-on-year growth of 31.56% and illustrates the company's robust performance in the competitive automotive market.

AITO Product Line Expands with Unmatched Success

The AITO brand has continued to rise in popularity, launching various models that cater to diverse customer preferences. This year, AITO introduced several new vehicles including the advanced AITO M5 Ultra and the family-centric AITO M7. The models have been well-received, showcasing the brand's commitment to innovative design and superior performance.

AITO M9 Sets New Delivery Standards

The AITO M9 has made headlines by delivering over 250,000 units within its first 21 months, claiming the title of the fastest-selling vehicle in the 500,000 RMB segment. Additionally, the AITO M8 has surpassed 100,000 deliveries, establishing itself as the leading option in the 400,000 RMB category for four consecutive months.

Market Recognition and Awards

Reflecting its market success, SERES made waves in the 2025 First Half New Energy Vehicle Brand Health Study by Landroads Consulting, where AITO scored exceptionally high in the Brand Development Confidence Index. The AITO M9 also achieved a leading 85.2 in the overall Net Promoter Score (NPS) for new energy vehicle models, indicating strong customer satisfaction and loyalty.

Driven by Innovation and Technology

Innovation continues to be at the core of SERES' strategy, demonstrating a determined push toward a software-defined vehicle future. The company prioritizes research and development, channeling investments into essential technology areas such as electrification and advanced safety systems. This approach not only boosts product competitiveness but also cements SERES' position as a pioneer in the luxury NEV sector.

Recognition for Operational Excellence

In recognition of its achievements, SERES was awarded the prestigious 2024 Golden Bull Most Valuable Investment Award. Furthermore, the company has garnered attention for its rapid growth, ranking 190th among China’s Top 500 Enterprises, an impressive leap of 270 places.

Strategic Dual Listing Plans

A key part of SERES' growth strategy includes its recent endeavors to initiate a Hong Kong IPO, aiming for listing on the Main Board of the Hong Kong Stock Exchange. This strategic move will position SERES as the first luxury NEV maker with both an A+H listing, which is expected to fuel further growth and attract new investors.

With this dual listing, SERES is poised to enhance its market presence significantly, allowing the company to tap into broader investment opportunities while maintaining its focus on innovation and customer satisfaction.

Frequently Asked Questions

What are SERES' latest financial results?

SERES generated a revenue of 110.534 billion RMB and a net profit of 5.312 billion RMB in the first three quarters, reflecting a year-on-year growth of 31.56%.

What new models has AITO launched recently?

AITO's recent launches include models like the AITO M5 Ultra, AITO M9 2025 edition, AITO M8, and AITO M7, catering to a diverse range of consumer needs.

How successful is the AITO M9 model?

The AITO M9 has achieved over 250,000 units delivered in 21 months, setting a new record in the 500,000 RMB segment, signifying its market appeal.

What awards has SERES received for its performance?

SERES received the 2024 Golden Bull Most Valuable Investment Award for its innovative products and operational excellence.

What are the implications of SERES’ Hong Kong listing?

The Hong Kong listing will establish SERES as the first luxury NEV maker with an A+H listing, enhancing its market visibility and growth potential.

About The Author

Dedicated Author and financial expert Logan Wright here, 29 years old. After earning an economics degree, I spent a number of years working in different financial industries. My great passion is enabling everyone, from any background or experience level, to understand and be literate in financial matters.

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