On July 30, $SERES (09927.HK)$ Up more than 7%; as of this report, it rose 7.33% to HK$48.04, with a trading volume of HK$158 million.
On the news front, on July 29, Aito M6 customers participated in a factory acceptance and delivery ceremony held at the Seres Super Factory (Longxing) in Chongqing. The successful completion of this delivery event marks the official start of deliveries for the Aito M6 EV Max+. Notably, both the Aito M6 and the updated Aito M9 have recently demonstrated strong market potential. The all-new Aito M9 series received over 42,000 firm orders within one month of its launch, while the Aito M6 surpassed 30,000 cumulative deliveries within 54 days of its launch. According to KAIYUAN Securities, the launch of the Aito M6 EV Max+ and Max variants—priced at RMB 229,800 and RMB 249,800 respectively—significantly lowers the purchase threshold compared to the previous all-wheel-drive high-end trims priced between RMB 259,800 and RMB 299,800, and their commencement of deliveries is expected to contribute incremental sales.
Looking ahead, KAIYUAN Securities believes the company still offers multiple growth drivers: Aito remains committed to premium international expansion, starting with neighboring countries and proceeding market by market to capture new sales opportunities; the company has launched a new brand, Saidu Technology’s AIVA, which targets young and sporty consumers, with its first model expected to debut within 2026; the company’s first humanoid robot, ‘Xiao Sai,’ has already made its initial appearance, and additional embodied-intelligence robots are under development, with an official launch planned for 2026. Furthermore, the Seres Super Factory is already equipped with multiple robotic systems, and the robotics business is expected to emerge as a new growth curve for the company.
Editor/KOKO