#China #Chongqing #NEV #SERES #AITO

SERES Financial Milestone: A New Era for Luxury NEVs

On October 30, 2025, the automotive company SERES released its financial results for the third quarter of 2025. This report disclosed impressive figures, showing a net profit attributable to shareholders of 5.312 billion RMB for the first three quarters of the year, marking a 31.56% increase year-over-year. SERES has now positioned itself as the first luxury new energy vehicle (NEV) manufacturer to achieve dual listing status on both the Shanghai and Hong Kong stock exchanges, referred to widely as an A+H listing.

AITO Product Expansion

The AITO product line has seen remarkable growth, reflecting SERES's commitment to innovation and quality. The company has rolled out several new models in 2025, including the AITO M5 Ultra, the upgraded AITO M9, the family-friendly AITO M8, and the all-new AITO M7. These products have not only diversified the lineup but have also attracted significant market interest; AITO's cumulative deliveries across all models have crossed the 800,000 unit mark. Notably, the AITO M9 has set a record in the competitive 500,000 RMB market segment, achieving over 250,000 units in just 21 months.

Furthermore, the AITO M8 has maintained its position as a top-seller in the 400,000 RMB segment for four consecutive months, with deliveries surpassing 100,000 units. Meanwhile, the AITO M7 has quickly gained traction, achieving over 20,000 deliveries merely 36 days post-launch, highlighting its strong market acceptance.

Recognition and Market Leadership

The recognition of AITO's models is further reinforced by their performance in various industry rankings. According to the 2025 First Half New Energy Vehicle Brand Health Study conducted by Landroads Consulting, AITO secured the top position in the Brand Development Confidence Index. Additionally, the AITO M9 achieved an impressive score of 85.2 on the Net Promoter Score (NPS), placing it at the forefront among new energy vehicles.

SERES attributes its success to a forward-thinking approach toward technological innovation. The company is dedicated to a software-defined vehicle strategy, investing heavily in crucial technologies such as electrification and intelligent safety systems. Key innovations like the SERES MF platform, SERES Super Range Extender, and SERES Intelligent Safety further enhance the competitiveness of its products.

In recognition of its achievements, SERES was recently awarded the 2024 Golden Bull Most Valuable Investment Award, highlighting its rapid growth and market impact. Within the latest ranking of the 500 best companies in China, SERES has made a remarkable leap of 270 positions, landing at 190. This ascent underscores SERES's status as one of the fastest-growing enterprises in the country.

Hong Kong IPO and Future Growth Prospects

The company took a significant step towards future growth by initiating its IPO in Hong Kong on October 27, 2025. SERES plans to list on the main board of the Hong Kong Stock Exchange on November 5, 2025, thus establishing itself as the first luxury NEV manufacturer to be dual-listed in mainland China and Hong Kong. This strategic move is expected to provide an additional impetus for SERES's growth trajectory.

In conclusion, SERES's strong financial performance, coupled with its dedication to innovation and an expanding product lineup, positions the company as a formidable player in the luxury NEV market. As consumers increasingly gravitate towards electric vehicles, SERES stands ready to meet this demand with its innovative products and ambitious growth strategies.