SERES(SH:601127) Xin Lang Cai Jing·2025-11-11 07:35Group 1 - Seres officially listed on the Hong Kong Stock Exchange on November 5, becoming the first luxury new energy vehicle company to be dual-listed in both A-share and H-share markets, marking a significant step in its international capital strategy [1] - The IPO is the largest by a Chinese car company to date and the largest globally since 2025, with a total of 108.6 million shares offered, raising a net amount of HKD 14.016 billion [3] - The funds raised will be primarily invested in global product research and development, marketing services, and channel construction, emphasizing the company's commitment to high-end, intelligent, and green development [3] Group 2 - Seres has transformed into a new energy vehicle company since 2016 and has established the AITO brand in collaboration with Huawei, achieving significant market recognition with over 800,000 users and leading sales in the 500,000 RMB segment for 19 consecutive months [5] - The company aims to explore the integration of artificial intelligence in its products, focusing on creating emotional, intelligent, and safe mobile entities, thus transitioning into a technology-driven enterprise [7] - Looking ahead, Seres plans to leverage its dual capital platform to enhance brand growth and accelerate the advancement of Chinese high-end new energy vehicle brands [7]