SERES(SH:601127) Zhong Jin Zai Xian·2025-11-02 09:33Group 1 - The core viewpoint of the articles highlights the strong performance and growth of Seres in the electric vehicle market, with record sales and positive financial results [1][3][5] Group 2 - In October, Seres sold 51,456 electric vehicles, marking a year-on-year increase of 42.89%, achieving a historical high; total sales from January to October reached 356,085 vehicles [1] - The Wanjie series of vehicles has seen continuous upgrades and has been well-received in the market, with cumulative deliveries exceeding 800,000 units; the Wanjie M9 has delivered over 250,000 units in 21 months, setting a new record for 500,000-level models [3] - The company reported a revenue of 110.534 billion yuan and a net profit of 5.312 billion yuan for the first three quarters, reflecting a year-on-year profit growth of 31.56% [3] Group 3 - Seres' Hong Kong IPO has generated significant market interest, with the public offering expected to be oversubscribed by over 100 times, raising over 120 billion HKD [5] - The company is set to become the first luxury electric vehicle manufacturer to be listed in both A-share and H-share markets [5] Group 4 - Several securities firms, including Ping An Securities and Dongwu Securities, have issued reports with "buy" or "strong buy" ratings for Seres, indicating strong institutional confidence in the company's growth potential [6] - According to Jiyin International, the growth in high-end model sales and product structure optimization are expected to drive further expansion in the high-end market and enhance profitability [6]