SERES Posts Remarkable Results for First Half of 2025 with 81% Net Profit Growth
On August 29, 2025, SERES Group announced its impressive financial results for the first half of the year, showcasing remarkable growth across all key metrics. The company recorded an operating revenue of 62.4 billion CNY, alongside a net profit attributable to shareholders of 2.94 billion CNY, reflecting an substantial increase of 81% compared to the previous year. Furthermore, SERES ramped up its investments in research and development (R&D), totaling 5.12 billion CNY, which represents an impressive growth of almost 155% year-on-year. In addition, NEV (New Energy Vehicle) sales surged to 172,108 units, fueled by robust demand for the premium electric vehicles under the AITO brand.
Driving Factors Behind Growth
SERES' remarkable performance can be attributed to the high demand for its smart premium electric vehicles, notably the AITO series, which benefited from exceptional product quality and production capacity. The company’s versatile MF platform enables efficient model development, and the establishment of a 'Super Factory' allows rapid scaling of production. The advanced digital intelligence systems enhance quality assurance, contributing to the luxury experience that further solidifies AITO's market reputation.
The latest models, including the AITO 9 and AITO 8, continue to set high standards in the luxury electric vehicle market. Recent launches such as the AITO 5 Ultra and new editions of AITO models have been well-received by consumers, highlighting SERES' commitment to innovation and quality. By August 2025, total deliveries of all AITO models exceeded 750,000 units, with the AITO 9 becoming the best-selling vehicle in the luxury segment priced under 500,000 CNY, achieving over 220,000 units in cumulative deliveries. The AITO 8 quickly gained popularity after its debut, surpassing 70,000 deliveries within four months.
Technological Innovation and R&D Investment
Technological advancements play a crucial role in SERES' growth strategy. The first half of 2025 saw the company invest 5.2 billion CNY in R&D, marking an impressive 155% increase from the previous year. The company's R&D workforce has increased by 27% year-on-year and now constitutes 36% of its overall staff, totaling 6,984 employees.
At the 2025 Shanghai Auto Show, SERES unveiled its new intelligent safety system, showcasing a scenario-based approach aimed at ensuring vehicle safety. This innovative system establishes a smart safety framework across four critical areas: life protection, body protection, health care, and privacy safeguard, setting new safety standards within the industry.
Market Position and Future Prospects
As a leading manufacturer of alternative energy vehicles, SERES continues to establish a solid foundation for future growth through strategic product portfolio optimization and operational efficiency. Ranking 169th on the Fortune China 500 list for 2025, the company has improved its position by 235 places compared to the previous year, becoming the fastest rising company on the list. Additionally, SERES ranked 92nd in the recently published TopBrand 2025 China’s Top 500 Brands list, enhancing its impact within the automotive sector with a brand value of 175.52 billion CNY.
Strong confidence among investors is evident, as around 40 financial firms have issued buy recommendations for SERES’s stock, predicting continued strong growth for the remainder of 2025. As the company prepares for further vehicle launches, such as the full electric version of the family-oriented AITO 8 and the new AITO 7, SERES is well-positioned to expand its offering and maintain its leadership in the new luxury electric vehicle market.
Driving Factors Behind Growth
SERES' remarkable performance can be attributed to the high demand for its smart premium electric vehicles, notably the AITO series, which benefited from exceptional product quality and production capacity. The company’s versatile MF platform enables efficient model development, and the establishment of a 'Super Factory' allows rapid scaling of production. The advanced digital intelligence systems enhance quality assurance, contributing to the luxury experience that further solidifies AITO's market reputation.
The latest models, including the AITO 9 and AITO 8, continue to set high standards in the luxury electric vehicle market. Recent launches such as the AITO 5 Ultra and new editions of AITO models have been well-received by consumers, highlighting SERES' commitment to innovation and quality. By August 2025, total deliveries of all AITO models exceeded 750,000 units, with the AITO 9 becoming the best-selling vehicle in the luxury segment priced under 500,000 CNY, achieving over 220,000 units in cumulative deliveries. The AITO 8 quickly gained popularity after its debut, surpassing 70,000 deliveries within four months.
Technological Innovation and R&D Investment
Technological advancements play a crucial role in SERES' growth strategy. The first half of 2025 saw the company invest 5.2 billion CNY in R&D, marking an impressive 155% increase from the previous year. The company's R&D workforce has increased by 27% year-on-year and now constitutes 36% of its overall staff, totaling 6,984 employees.
At the 2025 Shanghai Auto Show, SERES unveiled its new intelligent safety system, showcasing a scenario-based approach aimed at ensuring vehicle safety. This innovative system establishes a smart safety framework across four critical areas: life protection, body protection, health care, and privacy safeguard, setting new safety standards within the industry.
Market Position and Future Prospects
As a leading manufacturer of alternative energy vehicles, SERES continues to establish a solid foundation for future growth through strategic product portfolio optimization and operational efficiency. Ranking 169th on the Fortune China 500 list for 2025, the company has improved its position by 235 places compared to the previous year, becoming the fastest rising company on the list. Additionally, SERES ranked 92nd in the recently published TopBrand 2025 China’s Top 500 Brands list, enhancing its impact within the automotive sector with a brand value of 175.52 billion CNY.
Strong confidence among investors is evident, as around 40 financial firms have issued buy recommendations for SERES’s stock, predicting continued strong growth for the remainder of 2025. As the company prepares for further vehicle launches, such as the full electric version of the family-oriented AITO 8 and the new AITO 7, SERES is well-positioned to expand its offering and maintain its leadership in the new luxury electric vehicle market.
Topics Auto & Transportation）
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