SERES(SH:601127) Quan Jing Wang·2025-12-25 08:26Core Insights - The AITO M9 has been recognized as the top domestic extended-range hybrid SUV in the "China Automotive Retention Rate Rankings" at the 2025 China Automotive Ba Mangda Ceremony, reflecting strong market and user recognition of its value [1] - AITO M9 has maintained its position as the champion in the retention rate for plug-in hybrid vehicles for four consecutive months, highlighting the technological leadership of Seres in the extended-range technology sector [1] Group 1 - Seres has been a pioneer in extended-range technology since 2016, overcoming key challenges in power supply capability, thermal efficiency, fuel consumption optimization, and NVH control [1] - The new generation Seres Super Extended Range System is based on the "C2E Extended Range Architecture" and "RoboREX Intelligent Control Technology," offering industry-leading advantages in quietness, integration, and efficiency [1] - The "C2E Extended Range Architecture" features a high-integration design that transforms the traditional passive response of range extenders into intelligent active energy management, enhancing energy dispatch accuracy and driving experience [1] Group 2 - The integrated fuel consumption of the range extender has decreased by 15%, with an actual efficiency of 3.65 kWh/L, indicating that one liter of fuel can generate over 3.65 kWh of electricity, and the maximum thermal efficiency reaches 44.8%, placing it at the forefront of the industry [2] - The NVH performance has been optimized through over 120 specialized projects, reducing noise perception frequency by 90%, creating a library-level quiet travel experience [2] - Seres has transitioned its range extender business from "self-research and self-use" to "technology output," establishing deep partnerships with 25 industry enterprises, and achieving sales of over 200,000 units in the first half of 2025, solidifying its market leadership [2]