#China #Chongqing #SERES #AITO M9 #luxury NEV

SERES Financial Highlights for 2025

On October 30, 2025, SERES revealed its impressive financial performance for the third quarter of 2025. The company reported a remarkable net profit of 5.31 billion RMB for the first three quarters, representing a 31.56% increase year-over-year. This achievement positions SERES as the first luxury vehicle manufacturer in the new energy vehicle (NEV) segment to be publicly listed on both the mainland Chinese and Hong Kong stock exchanges, known as the A+H listing.

Strong Revenue Growth

SERES has recorded revenues of 110.53 billion RMB during this period. The company attributed this financial success to the robust sales across its product lineup, especially the AITO brand. With consistent market demand, SERES’s AITO line is expanding considerably, highlighted by the flagship AITO M9.

AITO Product Line Expansion

The growth trajectory of AITO has been significant this year, with multiple new models launched. The lineup includes:

• - AITO M5 Ultra
• - AITO M9 (2025 Edition)
• - AITO M8 (family-oriented model)
• - AITO M7 (newest addition)

To date, the total delivery figures for all AITO models have surpassed 800,000 units. Remarkably, the AITO M9 alone achieved sales of over 250,000 units in just 21 months, setting a record for vehicles priced around 500,000 RMB. The AITO M8 continues to outperform in the 400,000 RMB segment, selling more than 100,000 units and maintaining its status as the best-selling vehicle in its category for four consecutive months.

The newly launched AITO M7 has also shown promise, exceeding 20,000 units sold within just 36 days of its market release and quickly establishing itself as a notable contender in the market.

Leading Brand Reputation

According to Landroads Consulting's research on NEV brand health for the first half of 2025, AITO models ranked first in terms of brand development credibility during this period, showcasing the brand's growing trust among consumers. The AITO M9 specifically topped the Net Promoter Score (NPS) charts for NEVs, boasting an impressive score of 85.2.

Commitment to Innovation

SERES's success can be attributed to its innovative mindset and commitment to technological advancements. The company significantly invests in a software-defined vehicle strategy, focusing on key technologies such as electrification and intelligent systems. Noteworthy innovations include:

• - SERES MF Technology Platform
• - SERES Super Range Extender
• - SERES Intelligent Safety System

These advancements enhance the competitiveness of SERES products in the rapidly evolving automotive market.

Recognition and Future Growth

Due to its revamped product line, continuous innovation, and operational excellence, SERES was awarded the 2024 Golden Bull Most Valuable Investment Award. Furthermore, the company's remarkable ascent in the recently released ranking of China’s top 500 enterprises saw it leap 270 places to 190, marking it as one of the fastest-growing companies on the list.

On October 27, SERES initiated its public listing process in Hong Kong, aiming to be officially listed on November 5. This milestone as the first luxury NEV manufacturer publicly listed in both markets is set to provide a significant boost for SERES's future growth and expansion.