HONG KONG, January 14, 2026 – (ACN Newswire) – (Printed on Nov. 5, 2025) Pushed by the worldwide push for “dual-carbon” targets, the implementation of newest energy insurance policies worldwide, and evolving particular person search recordsdata from, the recent energy vehicle (NEV) change has emerged as a core sector with the very ideal increase skill in the Hong Kong stock market, attracting valuable attention from institutions and investors.
On November 5, the Hong Kong stock market welcomed a recent participant to its NEV sector. SERES (Inventory Code: 9927) formally commenced trading on the Predominant Board of The Inventory Switch of Hong Kong Restricted. Christopher Hui (Hui Ching-yu), Secretary for Monetary Services and products and the Treasury, and Lillian Cheong Man-lei, Below Secretary for Innovation, Technology and Industry of the Hong Kong Govt, every attended the listing ceremony of Seres held on the Hong Kong Exchanges and Clearing Restricted (HKEX) at present.
As a leading enterprise in China’s NEV change, SERES initiated its Hong Kong IPO offering route of on October 27. The unfavorable offering measurement for the IPO is 100.2 million H-shares.No longer ideal has Seres’ IPO attracted valuable market attention this time, on the replacement hand it has also drawn 22 powerful domestic and foreign institutions—including Chongqing Industrial Grasp Fund, Linyuan Fund, GF Fund, Schroder, and China Put up Wealth Administration—to participate as cornerstone investors. This further underscores the institutions’ recognition of its future pattern skill.
Since the initiate of the subscription, SERES has drawn worthy market attention, with exceptionally out of the ordinary subscription pastime and sustained excessive investor enthusiasm. In keeping with announcement alloment outcomes, by November 4, the Hong Kong public offering used to be oversubscribed by more than 130 cases, whereas the world placement also obtained an oversubscription multiple of more than 8 cases, fully demonstrating the market’s excessive recognition of SERES’ investment value.
Twin Focal point on “Luxurious + Technology”, Hailed because the “Tesla of China”
SERES is a technology company making an allowance for NEVs, including the research and pattern, manufacturing, gross sales and services of NEVs as nicely as core NEV parts. In 2016, SERES launched into a entire transformation, focusing on the NEV sector. In 2021, SERES formally launched the AITO place, positioning itself as “Intelligence Redefines Luxurious”. Leveraging a clear product diagram, famed entire efficiency, and inherent luxurious genes, AITO like a flash obtained excessive change acclaim, earning the recognition of being the “Mercedes-Benz and BMW of China”.
Guided by the emblem philosophy of “Intelligence Redefines Luxurious”, AITO has established a diverse identity by similtaneously advancing “Luxurious + Technology” from a technological standpoint. In core future mobility fields like utilizing help, vivid safety, and vivid powertrain, AITO shares a extremely aligned imaginative and prescient with Tesla, jointly exploring the transformation of mobility. To this point, the cumulative assisted utilizing distance of AITO devices has exceeded 3.45 billion kilometers, with assisted utilizing accounting for 40% of the total distance traveled, representing in particular famed achievements.
Simultaneously, SERES has been continuously delving into cutting-edge technologies and proactively venturing into the field of embodied intelligence. Only in the near past, SERES formally supplied a collaboration with Volcano Engine, marking a recent stage in its R&D and software innovation in this place, demonstrating strategic foresight on par with internationally leading automakers. It is precisely these breakthroughs and explorations in technology that beget earned AITO the moniker “Tesla of China”.
To this point, SERES’ AITO place has established a total product matrix comprising four devices: the AITO M9, M8, M7, and M5. As the core place, AITO has viewed sustained excessive-velocity gross sales increase since its initiate, with multiple efficiency indicators exhibiting out of the ordinary outcomes. Amongst these, the AITO M5 space the account for the fastest provide of over 10,000 vehicles within the year of initiate for a recent place’s mannequin. The AITO M7 efficiently ranked first in gross sales amongst Chinese language self reliant place devices in the RMB300,000 label section, becoming a benchmark product in that class. The AITO M9 emerged as a pacesetter in the Chinese language marketplace for devices priced above RMB500,000, claiming the pinnacle gross sales space. Additionally, the AITO M8, formally launched in April 2025, obtained over 30,000 non-refundable orders within magnificent 24 hours of its initiate.
In keeping with the Frost & Sullivan File, in the 2nd half of 2024, the AITO place topped China’s NEV recognition rankings with a Accumulate Promoter Accumulate (NPS) of 82%. For the chunky year 2024, the AITO place done entire deliveries of 387,100 vehicles, a year-on-year increase of 268%, demonstrating out of the ordinary increase momentum.
Steady Optimization of Operational Quality: ESG Efficiency Gains Industry Recognition
The continuously out of the ordinary gross sales efficiency of the AITO place has offered stable improve for the final operational increase of SERES. In terms of revenue, the Company’s working income surged from RMB35.8 billion in 2023 to RMB145.1 billion in 2024, a year-on-year increase of 305.5%, fully demonstrating the out of the ordinary momentum of its scale growth. Profitability has also step by step elevated, with the contaminated profit margin rising from 7.2% in 2023 to 26.5% in the first half of 2025. The Company done profitability for the first time in 2024, recording a acquire profit attributable to homeowners of the Company of RMB5.9 billion. This winning fashion persevered into the first half of 2025, with a acquire profit attributable to homeowners of the Company of RMB2.9 billion, indicating ongoing optimization of operational quality.
Alongside valuable operational enhancements, SERES has also done famed finally ends up in company social responsibility and sustainable pattern. Its out of the ordinary ESG efficiency has became a essential cornerstone for solidifying its change competitiveness. On October 16, 2025, the world authoritative index company MSCI launched its newest company ESG rankings. SERES, known for its ideal efficiency in environmental, social, and governance facets, obtained the very ideal AAA rating. This fulfillment makes SERES the acceptable A-fragment listed vehicle enterprise to gain this honor, fully highlighting its leading enviornment in building the lengthy bustle mobility ecosystem.
From an change perspective, pushed by the continuous iteration and upgrading of the technical efficiency of newest energy passenger vehicles, increasing policy improve from countries and areas globally, and rising particular person environmental awareness, the worldwide recent energy passenger vehicle market has skilled rapidly pattern. International gross sales of newest energy passenger vehicles surged from 6.2 million vehicles in 2021 to 17.1 million vehicles in 2024, representing a compound annual increase fee (CAGR) of 40.2% throughout this length. The penetration fee of newest energy passenger vehicles in the worldwide passenger vehicle market elevated from 9.7% in 2021 to 23.0% in 2024. Making an attempt ahead, because the excellent competitiveness of newest energy passenger vehicles further strengthens, global gross sales are anticipated to exceed 42.3 million vehicles by 2030, with a CAGR of 16.3% from 2024 to 2030. The market penetration fee is anticipated to climb to 47.0%, indicating the continuous initiate of the change’s increase skill.
With its listing in Hong Kong, SERES will leverage the ample platform of the Hong Kong market to further improve its investment in technological R&D and global layout, continuously make stronger its “Luxurious + Technology” product ecosystem, and consolidate its competitive merit in the vivid NEV sector. Using the out of the ordinary wave of global NEV growth, the Company stands poised to with out be conscious capture market fragment, continuously develop its increase horizons, and generate huge value for investors—with lengthy-length of time increase potentialities that encourage worthy self assurance.
Matter: Press initiate summary
Source: Seres Neighborhood Co., Ltd.
Sectors: Automobile, Funds & Equities, EVs, Transportation
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