SERES(SH:601127)2024-05-31 10:21Group 1: Company Overview and Development - Saisir Group has focused on manufacturing for 38 years and has been in the new energy vehicle sector for 8 years, with a commitment to high-quality development [1] - The AITO series ranked fifth in luxury brand sales in the Chinese automotive market in Q1 2024 [1] - The company emphasizes continuous R&D investment to build a strong technological foundation for high-quality development [1] Group 2: Business Strategy and Innovation - Saisir has been investing in new energy vehicles for over 8 years and has collaborated with Huawei for more than 3 years to explore new luxury vehicles [2] - The company aims to create a connected automotive ecosystem through software-defined vehicles and partnerships with world-class suppliers [2] - Saisir is committed to a user-centered approach, focusing on safety and quality throughout the vehicle lifecycle [2] Group 3: Technological Advancements - The Saisir Magic Cube platform features core characteristics such as "panoramic safety, diverse power, versatile space, and intelligent leadership" [3] - The platform aims to provide an exceptional user experience in the era of smart electric vehicles [3] - Saisir is a leader in several technologies, including three-electric technology, range extension technology, and intelligent electric drive technology [3] Group 4: Financial Performance - In Q1 2024, Saisir reported revenue of 26.561 billion yuan, a year-on-year increase of 421.76%, with a net profit of 220 million yuan [4] - The gross margin for Q1 2024 improved to 21.5%, and the company sold 94,825 new energy vehicles, up 374.77% year-on-year [4] - For the full year of 2023, Saisir's revenue reached 35.842 billion yuan, with new energy vehicle revenue at 28.948 billion yuan, a growth of 16.1% [4]