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Seres Releases 2025 Half-Year Performance Forecast

On July 10, Seres announced its performance forecast for the first half of 2025. The announcement indicates that the net profit attributable to shareholders of the listed company is expected to be between 2.7 billion and 3.2 billion yuan, representing an increase of 66.20% to 96.98% compared to the same period last year. The company stated that it adheres to a software-defined automotive technology route and a user-defined automotive market route, while expanding its product portfolio. With the launch of new products in the second quarter of 2025, there is expected to be a significant increase in sales compared to the first quarter, enhancing profitability and continuously improving operational quality. This year, the Wanjie series has continued to sell well, with the Wanjie M5, M7, M8, and M9 models taking shape; the total number of Wanjie users has exceeded 700,000. Data shows that from January to June this year, Seres' new energy vehicles have achieved cumulative sales of 172,108 units. Among them, the flagship models Wanjie M9 and Wanjie M8 have performed exceptionally well. The panoramic intelligent flagship SUV Wanjie M9 2025 model delivered 13,718 units in June, maintaining its position as the sales champion in the 500,000 yuan market segment; the family intelligent flagship SUV Wanjie M8 delivered over 21,185 units in June, dominating the 400,000 yuan market with its all-around capabilities.

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