SERES(SH:601127) Ge Long Hui A P P·2026-01-20 06:09Core Viewpoint - The report from Guohai Securities highlights that Seres is expected to benefit from the increased delivery of the AITO Wenjie vehicles, projecting a monthly sales breakthrough of 60,000 units in December 2025 and an annual sales target of 430,000 units for the year, representing a year-on-year growth of 10.5% [1] Group 1 - The new SUV model M6 is anticipated to continue the trend of successful sales, driving the company's sales to new heights in 2026 [1] - On December 9, 2025, during the Hongmeng Zhixing "Together" event, the company announced the launch of the new SUV M6 for 2026, which is expected to replicate the success of previous models [1] - The company has successfully positioned its high-end models, such as M9 and M8, to target high-net-worth customers, enhancing its brand appeal [1] Group 2 - The company is expected to upgrade other models, which will likely boost both sales and profits [1] - Given the anticipated success of new and upgraded models in 2026, the rating for the company has been upgraded to "Buy" [1]