#China #electric vehicles #Chongqing #SERES #AITO

SERES Achieves Impressive Financial Milestone

On October 30, 2025, SERES reported its third-quarter financial results, revealing significant gains for the first three quarters of the year. The company achieved revenues totaling 110.534 billion RMB, alongside a remarkable net profit of 5.312 billion RMB. This achievement not only marks a 31.56% increase year-over-year but also positions SERES as the first manufacturer of luxury electric vehicles to be listed with both A and H shares.

SERES has seen phenomenal growth in its product line, expanding its AITO brand successfully. The AITO M9 model, particularly, has broken sales records within the RMB 500,000 price segment, selling over 250,000 units within just 21 months of its launch. With total sales surpassing 800,000 across all AITO models, SERES has firmly established its presence in the luxury EV market.

Expanding Product Lineup

The AITO lineup includes a diverse range of models, from the AITO M5 Ultra to the latest AITO M9 2025 edition, the family-oriented AITO M8, and the newly introduced AITO M7. These strategic releases have resonated well with consumers, evidenced by their sales figures. The AITO M8, for instance, has consistently led sales in the RMB 400,000 segment for four consecutive months, while the AITO M7 has sold over 20,000 units in just 36 days post-launch.

A recent survey conducted by Landroads Consulting indicates that AITO ranks highest in brand confidence for alternative energy vehicles in the first half of 2025. The AITO M9 also topped the Net Promoter Score (NPS) rankings for electric vehicles with a commendable score of 85.2, reflecting its positive reception among customers.

Commitment to Innovation

SERES attributes its market success to its innovative approach and commitment to technological advancement. The company's strategy revolves around software-controlled vehicles, investing heavily in key technologies such as electrification and smart systems. Notable innovations include the SERES MF technology platform, the SERES Super Range Extender, and the SERES Intelligent Safety platforms—all aimed at enhancing product competitiveness.

In recognition of its excellence in operations and continuous innovation, SERES was awarded the 2024 Golden Bull Most Valuable Investment Award, highlighting its potential as a lucrative investment destination. Moreover, SERES has made a notable leap in the rankings of the top 500 Chinese companies, climbing 270 spots to secure the 190th position, showcasing its rapid growth.

On October 27, 2025, SERES announced its initial public offering in Hong Kong, planning to officially list on November 5. This strategic move will make SERES the first luxury electric vehicle manufacturer dual-listed in both mainland China and Hong Kong, under the 'A+H' listing method, paving the way for further expansion.

Future Outlook

The company’s forward momentum is promising, and the additional injection of revenue from its IPO is expected to further bolster its market reach and product offerings. With its commitment to sustainability, innovation, and customer satisfaction, SERES is poised to remain at the forefront of the luxury electric vehicle sector, setting the stage for a future filled with growth and success.

In conclusion, SERES is not just leading the market with its remarkable financial performance; it is redefining the landscape of luxury electric vehicles, demonstrating its dedication to excellence and foresight in an ever-evolving automotive industry.