#Hong Kong #NEV #SERES Group

SERES Group's Landmark HKEX Listing

On November 5, 2025, the SERES Group made headlines by officially listing on the Main Board of the Hong Kong Stock Exchange (HKEX) with the stock code 9927.HK. This achievement positions SERES as the first Chinese manufacturer of luxury new energy vehicles (NEVs) to be listed in both A and H-share markets simultaneously. The momentous listing is considered the largest Initial Public Offering (IPO) of a Chinese automotive manufacturer in history and stands as the largest IPO in the automotive sector worldwide for the year.

This strategic move grants SERES access to an international platform for capital acquisition, supporting its long-term growth objectives, while establishing a firm foundation for its global strategy. Beyond merely enhancing SERES's profile, the listing sets a new precedent for the expansion of Chinese automotive manufacturers internationally, effectively marrying technological innovation with financial capability.

Interest from investors surged significantly post the Hong Kong IPO, which recorded an astounding 133-fold oversubscription, resulting in more than 170 billion HKD in subscribed funds. Approximately 70% of the proceeds will be allocated towards research and development, while around 20% will focus on expanding marketing channels, overseas sales, and charging network services.

The offering attracted 22 key investors, including institutions such as Chongqing Industrial Mother Fund, Linyuan Fund, and Schroders, underscoring robust recognition of SERES’s substantial growth potential and quality development from the global capital markets. This strong investor backing is poised to support a favorable revaluation of SERES, effectively setting a new standard for its investment value and bolstering its capital acquisition abilities.

As a prominent player in China’s premium NEV segment, SERES is expanding its global footprint, with operations now in multiple countries across Europe, the Middle East, America, and Africa. In Europe, SERES has entered pivotal markets like Norway, Germany, the United Kingdom, and Switzerland, marking the initial phase of its global expansion. With its dual “A+H” platform, SERES is committed to ongoing technological innovation, brand value enhancement, and further market presence.

Focus on Smart Electric Vehicles and Technology Leadership

SERES, with its technological orientation in NEVs, concentrates on the premium smart electric vehicle sector. The AITO series, featuring models such as M9, M8, M7, and M5, has received substantial market recognition, showcasing high customer loyalty with total sales exceeding 800,000 vehicles.

Embracing its philosophy of