Overview
Description
About
Shapingba District
Chongqing, 401335
Latest press releases
CHONGQING, China, Nov. 6, 2025 /PRNewswire/ -- On November 5, SERES Group (stock code: 9927.HK) was officially listed on the Main Board of the Hong Kong Stock Exchange. With this milestone, SERES is now the first Chinese luxury new energy vehicle (NEV) maker to be listed on both the A-share and H-share markets. It is the largest IPO ever by a Chinese automaker and also the world's largest automaker IPO so far this year.
This successful Hong Kong listing provides SERES with a new international platform for raising capital and supporting long-term growth as well as a solid foundation for the company's global strategy. More importantly, it establishes a new model for Chinese automakers expanding overseas, combining technological innovation with financial prowess.
Since the launch of SERES' Hong Kong IPO on October 27, investor enthusiasm has surged. The Hong Kong public offering was oversubscribed by 133 times, raising over HK$170 billion in financing. Approximately 70% of the proceeds will go toward research and development, and roughly 20% will support the expansion of diversified new marketing channels, overseas sales, and charging network services.
Notably, the offering attracted 22 cornerstone investors, including the Chongqing Industrial Mother Fund (Chongqing Industrial Investment Fund of Funds) (FoF), the Linyuan Fund, the GF Fund, Schroders, China Post Wealth, and Xingyu Hong Kong, highlighting broad recognition from global capital markets of SERES' strong growth prospects and high-quality development. This strong investor backing is expected to drive a re-rating of the company's valuation and establish a new benchmark for SERES' investment value, further enhancing its financing capacity and capital efficiency.
A leading player in China's premium NEV sector, SERES is already expanding its global footprint, with operations now covering multiple countries across Europe, the Middle East, the Americas, and Africa. In Europe alone, SERES has successfully entered key markets such as Norway, Germany, the U.K., and Switzerland, marking the initial phase of its global expansion. Powered by the dual "A+H" capital platform, SERES will continue to drive technological innovation, enhance brand value, and expand its presence globally.
Focused on Premium Smart Electric Vehicles, Building a Moat of Technical Expertise
As a technology-driven company with a focus on NEVs, SERES has committed itself to the premium intelligent electric vehicle market. To date, the AITO lineup, with its M9, M8, M7, and M5 models, has received strong market recognition and customer loyalty, with total deliveries surpassing 800,000 units.
Staying true to its philosophy of "Intelligence Redefining Luxury", SERES is deeply committed to technological innovation that produces safe, software-defined vehicles. Thanks to its substantial investments in research and development, the company has built a strong moat of technical expertise with innovations, like its MF Technology Platform, Super Range Extender, and Intelligent Safety technology.
Looking ahead, SERES will continue to embrace software-defined vehicles, powering its growth with innovation, driven by user needs, and expanding on the global stage. The company is poised to further strengthen its leadership in the premium NEV segment and drive China's auto industry into a new era of high-quality development.
View original content to download multimedia:https://www.prnewswire.com/news-releases/seres-officially-listed-on-hkex-leveraging-dual-ah-capital-platforms-to-power-global-expansion-302606503.html
SOURCE Seres Group Co.,Ltd.
CHONGQING, China, Nov. 2, 2025 /PRNewswire/ -- On October 30, SERES released its financial results for the third quarter of 2025. According to the report, SERES generated revenue of 110.534 billion RMB and net profit attributable to shareholders of 5.312 billion RMB in the first three quarters, with a YoY growth of 31.56%.
AITO Product Line Continues to Expand; AITO M9 Sets Delivery Record for 500,000 RMB Segment
This year, AITO has accelerated product development and launched several new models. From the new AITO M5 Ultra to the AITO M9 2025 edition and the family-oriented AITO M8 and all-new AITO M7, the diversified lineup has been well received by the market and customers alike.
To date, total deliveries across all AITO models have surpassed 800,000 units. The AITO M9 alone has delivered over 250,000 units in just 21 months, setting a record for vehicles in the 500,000 RMB segment. The AITO M8 has exceeded 100,000 deliveries, maintaining its position as the top seller in the 400,000 RMB segment for four consecutive months. The all-new AITO M7 achieved over 20,000 deliveries within just 36 days of launch, quickly becoming a standout in the market.
According to the 2025 First Half New Energy Vehicle Brand Health Study by Landroads Consulting, AITO ranked first in the 2025 H1 Brand Development Confidence Index. The AITO M9 also topped the overall Net Promoter Score (NPS) list for new energy vehicle models, with a score of 85.2.
Driven by Innovation, Becoming Industry's First Luxury NEV Maker with "A+H" Listing
AITO's continued market success is a result of SERES' forward-thinking approach to technological innovation. The company is firmly committed to a software-defined vehicle strategy, investing heavily in core technologies like electrification and intelligent systems. Key innovations include the SERES MF Technology Platform, SERES Super Range Extender, and SERES Intelligent Safety—all of which boost product competitiveness.
Thanks to its refreshed product lineup, continuous innovation, and operational excellence, SERES received the "2024 Golden Bull Most Valuable Investment Award." In the latest ranking of China's Top 500 Enterprises, SERES jumped 270 places to 190th, becoming one of the fastest-growing companies on the list.
It is worth mentioning that SERES began its Hong Kong IPO on October 27 and plans to list on the Main Board of the Hong Kong Stock Exchange on November 5. After listing, SERES will become the first luxury NEV maker to be listed both in mainland China and Hong Kong ("A+H" listing), providing further momentum for future growth.
Photo - https://mma.prnewswire.com/media/2811115/Media_reports.jpg
Photo - https://mma.prnewswire.com/media/2811116/Media_reports_1.jpg
View original content:https://www.prnewswire.co.uk/news-releases/seres-net-profit-for-first-three-quarters-hits-5-312-billion-rmb-to-be-the-first-luxury-nev-maker-with-ah-listing-302601782.html