#China #Chongqing #NEV #SERES #AITO

SERES Sets New Standards in Luxury NEV Market

On October 30, 2025, SERES announced its financial results for the third quarter, reporting a significant net profit of 5.312 billion RMB for the first three quarters of the year, marking an impressive 31.56% year-on-year growth. This accomplishment not only highlights SERES's strong performance but also positions it as the first luxury NEV manufacturer to secure a place on the A+H stock listings.

Financial Growth and Product Line Expansion

The company generated a total revenue of 110.534 billion RMB, underlining its robust market position and customer trust. With a diversified product line, SERES has accelerated the development of new models this year, including the newly launched AITO M5 Ultra, AITO M9 Edition 2025, and the family-oriented AITO M8. These models have received positive reception from consumers, driving sales significantly.

To date, AITO models have exceeded 800,000 deliveries, demonstrating strong customer interest in the brand. Notably, the AITO M9 has achieved record-breaking sales, with over 250,000 units sold in just 21 months, leading the segment for luxury vehicles priced around 500,000 RMB. In a similar vein, the AITO M8 has maintained its status as the best-selling model in the 400,000 RMB segment for four consecutive months and has topped the market with over 100,000 deliveries. The latest edition, the AITO M7, has already surpassed 20,000 deliveries within just 36 days of its launch, quickly establishing itself as a flagship product.

Recognition and Industry Impact

According to the 2025 First Half New Energy Vehicle Brand Health Study conducted by Landroads Consulting, AITO topped the Brand Development Confidence Index for the first half of 2025, showcasing its growing trust and reputation among consumers. The AITO M9 also achieved an impressive Net Promoter Score (NPS) of 85.2, reflecting customer satisfaction and loyalty.

SERES's commitment to technological advancement is evident. The company has invested heavily in developing software-defined vehicles and essential technologies such as electrification and intelligent systems. This investment has led to key innovations within the industry, including the SERES MF technology platform, Super Range Extender, and intelligent safety systems, all of which enhance product competitiveness.

A Bright Future Ahead

In recognition of its ongoing innovation and operational excellence, SERES was honored with the 2024 Golden Bull Most Valuable Investment Award. Furthermore, it has rapidly climbed the ranks in the Top 500 Chinese Companies, moving up 270 places to achieve the 190th position.

Notably, SERES initiated its initial public offering in Hong Kong on October 27, with plans for a formal listing on the Main Board of the Hong Kong Stock Exchange scheduled for November 5. This move is significant as it marks SERES as the first luxury NEV manufacturer to be listed in both mainland China and Hong Kong. The dual listing on the A+H exchange will undoubtedly provide a fresh impetus to SERES's future growth strategies and market expansion.

With a strong focus on continuous product innovation, technological prowess, and market responsiveness, SERES aims to lead the luxury NEV segment, ensuring that it remains at the forefront of the industry as it navigates an evolving automotive landscape.