SERES(SH:601127) Ge Long Hui·2025-10-29 08:53Core Insights - The company Sais is awarded the "2024 Most Investment Value Award" at the 2025 High-Quality Development Forum for Listed Companies, recognizing its outstanding performance and stable profitability [1][3]. Financial Performance - In 2024, Sais achieved a revenue of 145.176 billion yuan, a year-on-year increase of 305.04%, marking a historical high; net profit attributable to shareholders reached 5.946 billion yuan [5]. - The gross margin for new energy vehicles increased to 26.21%, making Sais the fourth global new energy vehicle company to achieve profitability [5]. - Sais sold over 420,000 new energy vehicles in 2024, a year-on-year growth of 182.84%, successfully meeting its sales doubling target [5]. - For the first half of 2025, Sais reported a revenue of 62.402 billion yuan and a net profit of 2.941 billion yuan, reflecting a year-on-year growth of 81.03% [5]. - In the first six months of 2025, Sais sold 172,108 new energy vehicles [5]. Research and Development - Sais maintained high levels of R&D investment, totaling 7.053 billion yuan in 2024, leading to significant technological advancements such as the Sais Magic Cube technology platform and Sais Super Range technology [5]. - These innovations enhance the core competitiveness of Sais's products and establish a technological moat for the company's long-term stable development [5]. Market Recognition and Future Prospects - Sais has received strong endorsements from over 40 securities firms, including Everbright Securities and CITIC Securities, with ratings of "strongly recommended" and "increase holdings," indicating positive market sentiment towards the company's growth potential [7]. - On October 27, Sais commenced its Hong Kong stock offering, planning to list on the Hong Kong Stock Exchange on November 5, becoming the first luxury new energy vehicle company to be listed in both A-share and H-share markets [7].