#China #Chongqing #SERES #AITO #NEV Luxury

SERES Takes a Pioneering Step in the Luxury NEV Market

In a significant financial announcement made on October 30, 2025, SERES revealed its remarkable financial results for the third quarter. According to the report, the company has generated a staggering 110.534 billion yuan in revenue and a net profit of 5.312 billion yuan for the first nine months of the year, marking a year-on-year growth of 31.56%. This achievement cements SERES's position as the first luxury new energy vehicle (NEV) manufacturer listed on both the A shares and H shares markets.

As SERES continues to make waves in the automotive industry, the expansion of its AITO product lineup has played a significant role in its success. The new models, which include the AITO M5 Ultra and AITO M9 for 2025, have been enthusiastically received by consumers. AITO's performance is impressive: to date, overall deliveries have surpassed 800,000 units, with the AITO M9 alone accounting for over 250,000 units within just 21 months. This model has shattered records for vehicles priced around 500,000 yuan. Meanwhile, the AITO M8 maintained its title as a best seller within its segment for four consecutive months, exceeding 100,000 deliveries. Additionally, the newly launched AITO M7 has quickly moved over 20,000 units within only 36 days of its release.

The success of the AITO brand isn't merely numerical. A study conducted by Landroads Consulting in the first half of 2025 identified the AITO line as the leader in brand confidence among new energy vehicle brands, with the AITO M9 also topping the Net Promoter Score (NPS) list for new energy vehicles, achieving an impressive score of 85.2.

SERES's focus on innovation is contributing greatly to its industry standing. By embracing software-defined vehicle strategies and investing substantially in core technologies like electrification and intelligent systems, the company is enhancing its competitive edge. Key technological innovations include SERES MF platform, SERES Super Range Extender, and SERES Intelligent Safety, all of which bolster the sophistication of its products.

The company’s unwavering dedication to innovation and quality has not gone unnoticed. SERES was honored with the 2024 Golden Bull Most Valuable Investment Award, and it's noteworthy that SERES has risen 270 places to rank 190th in the recent list of China’s top 500 enterprises.

On October 27, SERES initiated its Initial Public Offering (IPO) in Hong Kong, aiming to officially list on the Hong Kong Stock Exchange on November 5. This move is historic as SERES aims to become the first luxury NEV manufacturer to be listed in both mainland China and Hong Kong, thereby fueling future growth and development.

In conclusion, SERES is not just marking achievements; it is setting standards within the NEV luxury sector and creating a significant impact on the automotive market landscape. As the company advances, stakeholders and consumers alike will be watching closely to see how SERES continues to innovate and lead the charge in the luxury electric vehicle market.