#HKEX #AITO M9 #SERES Group

SERES Group Makes History with HKEX Listing

On November 5th, 2025, SERES Group marked a significant milestone by officially listing on the main board of the Hong Kong Stock Exchange (HKEX) under the stock code 9927.HK. This achievement positions SERES as the first Chinese manufacturer of new energy vehicles (NEVs) to be publicly traded on both the A-share and H-share markets, ushering in a new era of investment for the company.

The initial public offering (IPO) was a resounding success, with an overwhelming subscription rate of 133 times, raising over HKD 170 billion. This capital influx not only signifies strong investor confidence but also underscores SERES' robust growth trajectory. Approximately 70% of the raised funds will be allocated to research and development, while 20% will be channeled toward diversifying marketing strategies, launching international sales operations, and enhancing charging network services.

Notably, the IPO attracted significant interest from 22 cornerstone investors, including the Chongqing Industrial Mother Fund and Schroders. This diverse backing highlights a broad recognition within global capital markets of SERES' potential for high-quality development and growth. The investor support is expected to recalibrate the company's valuation and serve as a new benchmark for investment segments in the NEV industry.

SERES has established itself as a key player in the premium NEV sector, with operational markets spanning Europe, the Middle East, America, and Africa. In Europe alone, it has successfully penetrated significant markets such as Norway, Germany, the UK, and Switzerland. The dual capital platform of