#China #Chongqing #SERES #AITO #luxury NEV

SERES Reports Impressive Growth in 2025

On October 30, 2025, SERES published its financial findings for the third quarter, showcasing remarkable achievements of the first three quarters of the year. The esteemed electric vehicle manufacturer reported a staggering net profit of 5.312 billion RMB, confirming a year-over-year growth of 31.56%. This achievement not only represents significant financial progress but also elevates SERES to the status of the first luxury NEV (New Energy Vehicle) manufacturer to obtain an ‘A+H’ listing, concurrently trading on both the Australian and New Zealand exchanges and Hong Kong.

Revenue and Product Line Expansion

With total revenues amounting to 110.534 billion RMB, SERES has made considerable strides in enhancing its market presence in a fiercely competitive automotive sector. The company’s AITO product line has been a major contributor to this success. Notably, the AITO M9 has rewritten the record books by achieving over 250,000 unit deliveries in merely 21 months, making it a top performer in the segment priced around 500,000 RMB. The AITO M8 has also been notable, surpassing 100,000 deliveries and dominating the market in the 400,000 RMB segment for four consecutive months.

Furthermore, the newly launched AITO M7 quickly made waves in the market, with over 20,000 units sold within just 36 days of its debut, confirming SERES’s ability to adapt and thrive.

Innovations Driving Success

AITO’s success can be attributed to SERES's unwavering commitment to innovation and technological advancement. SERES has heavily invested in critical technologies such as electrification and intelligent systems, underscoring its pioneering strategy characterized by software-defined vehicles. Highlights of its technological innovations include the SERES MF platform and the intelligent safety system, both of which enhance their product competitiveness.

In addition, the company has received notable accolades, including the “Golden Bull Award for Most Valuable Investment in 2024,” further solidifying its reputation in the industry. In the latest rankings of China’s top 500 companies, SERES climbed an impressive 270 positions to reach 190th place, marking it as one of the most rapidly advancing companies in this arena.

Future Outlook and Initial Public Offering

SERES’s initial public offering commenced on October 27, with a scheduled listing date on the Hong Kong Main Market set for November 5. This will enable SERES to solidify its position as the first luxury manufacturer of new energy vehicles traded both in mainland China and Hong Kong, paving the way for future growth and expansion initiatives.

In summary, SERES's substantial net profit and robust product lineup highlight its status as a burgeoning leader in the luxury NEV sector. The company is well-poised for subsequent achievements, propelled by its dedication to innovation and market adaptability. SERES continues to illustrate that through financial stability and product excellence, it is setting new standards within the electric vehicle landscape.