SERES(SH:601127) Zhong Jin Zai Xian·2025-11-03 03:22Core Viewpoint - Seres has set the final price for its H-share issuance at HKD 131.50 per share, with strong market demand leading to oversubscription of over HKD 120 billion in the public offering [1] Group 1: IPO Details - The issuance volume adjustment right has been partially exercised, resulting in the issuance of an additional 8.40% of shares, totaling 841.9 million shares [1] - The net proceeds from the IPO will primarily be used for R&D investments, diversifying new marketing channels, overseas sales, and charging network services [1] - The company is expected to be listed on the Hong Kong Stock Exchange on November 5 [1] Group 2: Financial Performance - For the first three quarters of 2025, the company achieved revenue of CNY 110.534 billion and a net profit attributable to shareholders of CNY 5.312 billion, reflecting a year-on-year growth of 31.56% [1] - The company continues to enhance its profitability as a technology-driven enterprise focused on high-end smart electric vehicles [1]