SERES Reports Strong H1 2025 Growth: Revenue Jumps to CNY 62.4B
SERES, a leading player in the new energy vehicle market, reported significant growth for the first half of 2025, with operating revenue reaching CNY 62.4 billion and a net profit attributable to shareholders soaring by 81% to CNY 2.94 billion. The company announced these results on August 29, 2025, highlighting robust demand for its premium smart electric vehicles, particularly those under the AITO brand.
The company’s success stemmed from several factors, including the innovative MF Platform that enhances model development and the Super Factory, which allows for rapid production scaling. AITO’s latest vehicle offerings, such as the AITO 5 Ultra and the updated AITO 9, have been well received, contributing to total sales of 172,108 units in the first half of the year. Cumulative deliveries of AITO models have now exceeded 750,000 units, solidifying the brand’s market position.
Technological Advancements and R&D Investment
SERES has made technological innovation a core aspect of its growth strategy, investing CNY 5.12 billion in research and development, an increase of nearly 155% year-on-year. The workforce dedicated to R&D has also expanded, with the number of personnel reaching 6,984, accounting for 36% of the company’s total staff.
At the recent Shanghai Auto Show, SERES introduced an intelligent safety system designed around a scenario-based approach, which sets new benchmarks in vehicle safety. This system covers critical areas such as life protection and health care, ensuring user safety throughout the vehicle lifecycle. The company is recognized for its forward-thinking initiatives, including the SERES Super Range-Extender and the Zero-Carbon Smart Logistics Hub.
Brand Value and Market Confidence
SERES has established itself as a formidable player in the new energy vehicle sector, becoming the fourth global manufacturer to achieve profitability. The company ranked 169th on the 2025 Fortune China 500 list, moving up 235 spots from the previous year—making it the fastest-climbing company on the list.
In August, SERES also placed 92nd on the TopBrand 2025 China’s Top 500 Brands list, with a brand value of CNY 175.52 billion. This recognition underscores its leadership in brand development and market influence. Furthermore, the company recently ascended to 59th on the 2025 China Top 500 Private Enterprises list, becoming the top-ranked private enterprise in Chongqing.
Investor confidence remains high, as nearly 40 securities firms have issued “Buy” ratings for SERES, anticipating continued strong growth throughout the remainder of 2025. The combination of strategic product optimization and enhanced operational efficiency positions SERES well for the future.
