SERES Reports Remarkable Financial Performance
CHONGQING, China — SERES has recently revealed its financial outcomes for the third quarter of the fiscal year, showcasing robust growth and innovative progress. The company reported a substantial revenue of 110.534 billion RMB, with a substantial net profit attributable to shareholders reaching 5.312 billion RMB over the first three quarters. This impressive figure represents a year-over-year growth of 31.56%, indicating a strong performance in a competitive market.
AITO Product Line Continues to Impress
In the realm of electric vehicles, SERES' AITO product line has established itself as a market leader. The brand has accelerated its product development, introducing several new models tailored to meet the demands of modern consumers. Notable additions to the lineup include the AITO M5 Ultra, the upgraded AITO M9 2025 edition, the family-focused AITO M8, and the all-new AITO M7. These vehicles have gained significant traction and positive feedback from customers, establishing a strong market presence.
Remarkable Delivery Milestones
The delivery figures for AITO models are nothing short of impressive, surpassing a total of 800,000 units to date. In particular, the AITO M9 has set remarkable records, with over 250,000 deliveries achieved within just 21 months. This vehicle notably stands out in the 500,000 RMB segment, setting a benchmark for performance and quality. Furthermore, the AITO M8 has consistently ranked as the leading seller in the 400,000 RMB segment, maintaining over 100,000 deliveries and showcasing its enduring popularity.
AITO M7's Early Success
Additionally, the newly introduced AITO M7 has quickly made its mark, achieving over 20,000 deliveries within just 36 days of its launch. This rapid acceptance highlights the vehicle's appeal among consumers and suggests strong future demand in the luxury electric vehicle sector.
Market Recognition and Brand Strength
According to a recent industry study by Landroads Consulting, AITO has been recognized for its brand strength, ranking first in the Brand Development Confidence Index for the first half of 2025. Moreover, the AITO M9 has topped the Net Promoter Score (NPS) for new energy vehicle models, earning an impressive score of 85.2, underscoring consumer satisfaction.
Innovative Approach and Future Growth
SERES' commitment to innovation has played a crucial role in its market success. Emphasizing a software-defined vehicle strategy, the company invests significantly in key technologies such as electrification and intelligent systems. Pioneering innovations, including the SERES MF Technology Platform, SERES Super Range Extender, and SERES Intelligent Safety mechanisms, have enhanced the competitiveness of their product offerings.
Acknowledgment and Awards
Due to its continuous innovation and operational efficiency, SERES has garnered prestigious accolades, including the "2024 Golden Bull Most Valuable Investment Award". Furthermore, in the latest ranking of China's Top 500 Enterprises, SERES ascended an impressive 270 ranks to achieve the 190th position, marking it as one of the quickest growing companies in the nation.
IPO Plans and Industry Milestones
In a ground-breaking move, SERES commenced its Initial Public Offering on October 27 and aims to officially list on the Main Board of the Hong Kong Stock Exchange. Upon successful listing on November 5, SERES will proudly become the first luxury NEV manufacturer to achieve both A and H shares, a significant milestone that is expected to catalyze future growth.
Frequently Asked Questions
What is SERES' net profit for the first three quarters?
SERES reported a net profit of 5.312 billion RMB for the first three quarters of the year.
What awards has SERES recently received?
SERES was awarded the "2024 Golden Bull Most Valuable Investment Award" for its remarkable operational excellence.
How many AITO models have been delivered?
To date, total deliveries across all AITO models have surpassed 800,000 units.
What is the significance of SERES' upcoming IPO?
SERES is set to become the first luxury NEV maker with A+H listing, marking a significant milestone in the automotive sector.
What unique features does SERES focus on in its vehicles?
SERES emphasizes technological innovation with core features in electrification, intelligent systems, and advanced safety technologies.
