SERES Group Reports Record Revenue and Strategic Growth Initiatives for 2025
SERES Group's revenue for 2025 reached approximately 165.05 billion yuan, a 13.69% year-on-year increase. The company's dual listing and strategic focus on technology-driven growth mark significant milestones amidst competitive pressures in the NEV sector.
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In 2025, SERES Group achieved record revenue of around 165.05 billion yuan, driven by the sale of 472,269 new energy vehicles (NEVs), a 10.63% increase from the previous year. The AITO series contributed significantly, with over 420,000 units sold.
However, profit attributable to shareholders increased marginally to 5.96 billion yuan, while net profit after non-recurring items fell to 5.14 billion yuan, indicating underlying profitability challenges. Selling expenses rose 26.12%, impacting overall profits despite a 28.42% increase in operating cash flow.
SERES completed a successful dual listing in Hong Kong, raising over 14 billion Hong Kong dollars, and plans to accelerate model development and market expansion. The company also emphasizes R&D, with investments hitting 12.51 billion yuan, focusing on technological innovations and smart robotics. As SERES aims for its second million-vehicle target, balancing profit and investment will be critical.
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