SERES Achieves Net Profit of 5.312 Billion RMB in First Three Quarters as an A+H Listed Luxury NEV Manufacturer
On October 30, 2025, SERES Group Co., Ltd. disclosed its financial results for the third quarter, showcasing impressive growth within the luxury electric vehicle segment. Over the first three quarters of 2025, SERES reported revenues of 110.534 billion RMB, alongside a net profit attributed to shareholders of 5.312 billion RMB, reflecting a year-on-year growth of 31.56%. This financial success solidifies SERES's position as the first manufacturer of luxury vehicles powered by new energy to be listed on both mainland China's stock market and Hong Kong's exchange, under the A+H designation.
The product lineup of AITO continues to expand, with the AITO M9 celebrating record delivery numbers in the 500,000 RMB market segment. SERES has accelerated the development of its products this year, successfully introducing several new models, including the AITO M5 Ultra, the AITO M9 2025 edition, and the family-oriented AITO M8. In total, the company has delivered over 800,000 units across all AITO models so far, with the AITO M9 alone reaching over 250,000 units sold within just 21 months, setting a record in its market segment. Furthermore, the AITO M8 has surpassed 100,000 units sold, maintaining its position as the top-selling vehicle in the 400,000 RMB segment for four consecutive months.
The newly launched AITO M7 also made waves by selling over 20,000 units within just 36 days of its market debut, quickly establishing itself as a notable model in the NEV market. According to the first half of 2025 report from Landroads Consulting regarding the health of new energy vehicle brands, AITO models topped the brand credibility ranking during this period, with the AITO M9 leading the Net Promoter Score (NPS) rating for new energy vehicles with an impressive score of 85.2.
Driven by innovation, SERES has become the first luxury NEV manufacturer to achieve an A+H listing, a significant milestone in the industry. The brand's sustained market success is a result of SERES's commitment to technological advancements and rigorous investment in key areas such as electrification and intelligent systems. Notable innovations include the SERES MF platform technology, the SERES Super Range Extender system, and the SERES Intelligent Safety system, all of which enhance the competitive edge of its products.
Through continuous innovation and operational excellence, SERES was honored with the "2024 Golden Bull Most Valuable Investment Award". In the latest ranking of China’s top 500 enterprises, SERES advanced 270 places to rank 190, marking it as one of the fastest-growing companies in this prestigious listing. Furthermore, SERES initiated its initial public offering (IPO) in Hong Kong on October 27, with plans for its shares to be listed on the Hong Kong Stock Exchange by November 5. This listing will position SERES as a trailblazer in luxury NEV manufacturing, being publicly traded in both mainland China and Hong Kong.
As SERES continues to innovate and expand its market reach, it remains well-positioned to lead in the evolving landscape of luxury electric vehicles, setting industry standards in performance, safety, and customer satisfaction.
The product lineup of AITO continues to expand, with the AITO M9 celebrating record delivery numbers in the 500,000 RMB market segment. SERES has accelerated the development of its products this year, successfully introducing several new models, including the AITO M5 Ultra, the AITO M9 2025 edition, and the family-oriented AITO M8. In total, the company has delivered over 800,000 units across all AITO models so far, with the AITO M9 alone reaching over 250,000 units sold within just 21 months, setting a record in its market segment. Furthermore, the AITO M8 has surpassed 100,000 units sold, maintaining its position as the top-selling vehicle in the 400,000 RMB segment for four consecutive months.
The newly launched AITO M7 also made waves by selling over 20,000 units within just 36 days of its market debut, quickly establishing itself as a notable model in the NEV market. According to the first half of 2025 report from Landroads Consulting regarding the health of new energy vehicle brands, AITO models topped the brand credibility ranking during this period, with the AITO M9 leading the Net Promoter Score (NPS) rating for new energy vehicles with an impressive score of 85.2.
Driven by innovation, SERES has become the first luxury NEV manufacturer to achieve an A+H listing, a significant milestone in the industry. The brand's sustained market success is a result of SERES's commitment to technological advancements and rigorous investment in key areas such as electrification and intelligent systems. Notable innovations include the SERES MF platform technology, the SERES Super Range Extender system, and the SERES Intelligent Safety system, all of which enhance the competitive edge of its products.
Through continuous innovation and operational excellence, SERES was honored with the "2024 Golden Bull Most Valuable Investment Award". In the latest ranking of China’s top 500 enterprises, SERES advanced 270 places to rank 190, marking it as one of the fastest-growing companies in this prestigious listing. Furthermore, SERES initiated its initial public offering (IPO) in Hong Kong on October 27, with plans for its shares to be listed on the Hong Kong Stock Exchange by November 5. This listing will position SERES as a trailblazer in luxury NEV manufacturing, being publicly traded in both mainland China and Hong Kong.
As SERES continues to innovate and expand its market reach, it remains well-positioned to lead in the evolving landscape of luxury electric vehicles, setting industry standards in performance, safety, and customer satisfaction.
Topics Auto & Transportation）
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