SERES(SH:601127) Quan Jing Wang·2025-07-03 04:45Group 1 - The core viewpoint of the articles highlights the significant growth in sales of Seres' new energy vehicles, with June sales reaching 46,086 units and a cumulative total of 172,108 units from January to June 2025, indicating a positive sales trend driven by product appeal and continuous technological advancements [1][3] - The AITO M9 model achieved cumulative sales of 62,492 units in the first half of 2025, reflecting a year-on-year growth of 6.28%, showcasing the effectiveness of Seres' strategic focus on enhancing its product offerings [1] - The rapid growth of the range-extended electric vehicle market is noted, with many mainstream brands adopting range-extending technology, positioning it as a mainstream technology route in the new energy sector [1] Group 2 - Seres has made significant advancements in range extender technology since its early development in 2016, focusing on improving fuel-to-electric conversion rates and NVH (Noise, Vibration, Harshness) performance, which were critical pain points in early products [1] - The newly launched Seres Super Range Extender System boasts an actual efficiency of 3.65 kWh/L and a maximum thermal efficiency of 44.8%, placing it at the forefront of mass-produced range extenders [3] - The system has received the first "Comprehensive Performance Star of Passenger Car Range Extender" certificate from national certification bodies, establishing a new benchmark in the industry [3] Group 3 - Seres' technological reserves and market insights are translating into competitive advantages in the promising range-extended vehicle market, with expectations for continued leadership through ongoing technological iterations and product development [3] - The company aims to provide users with smarter, more efficient, and luxurious travel experiences, as emphasized by the chairman of Seres Group, who noted that over 700,000 users have benefited from the safety and versatility of range-extended vehicles [3]