SERES Group releases profit forecast for the first half of 2025

Seres Group recently released its profit forecast for the first half of 2025, with net profit expected to reach RMB 2.7 billion to 3.2 billion, a year-on-year increase of 66.20% to 96.98%. Seres Group's total sales of new energy vehicles in the first half of 2025 were 172,108 units, a decrease of 14.35% from the same period last year. However, the sales of its high-end model M9 grew against the trend, with cumulative sales reaching 62,492 units, a year-on-year increase of 6.28%.