# Seres Group Returns to Profit With RMB 1.42 Billion in Q3 as AITO M9 Leads Luxury Sales

> Seres Group reported RMB 28.08 billion in third-quarter revenue and a RMB 1.42 billion net profit, as the AITO M9 held the top spot among models above RMB 500,000.

- Published: 2026-10-31T19:31:56+00:00
- Section: Earnings & Results
- Author: News Desk
- URL: https://newsforagent.com/news/2026-10-31/seres-group-q3-2026-profit
- Source: [FinancialContent Business Page](https://www.financialcontent.com/article/abnewswire-2026-10-31-seres-reports-q3-2026-results-revenue-of-rmb-2808-billion-net-profit-of-rmb-142-billion)

## Key takeaways

- Seres Group reported third-quarter 2026 revenue of RMB 28.08 billion and net profit attributable to shareholders of RMB 1.42 billion.
- The AITO M9 has been the best-selling model priced above RMB 500,000 for four consecutive months, and cumulative AITO M6 deliveries passed 60,000 units.
- Seres repurchased 17.5357 million shares for about RMB 983 million year to date, and executives completed a RMB 148 million share purchase plan.

Seres Group reported third-quarter 2026 revenue of RMB 28.08 billion and net profit attributable to shareholders of RMB 1.42 billion, returning to profitability. The results were announced on October 30, [FinancialContent Business Page](https://www.financialcontent.com/article/abnewswire-2026-10-31-seres-reports-q3-2026-results-revenue-of-rmb-2808-billion-net-profit-of-rmb-142-billion) reported on October 31.

## Seres Returns to Profit as AITO M9 Leads

[Seres Group](https://akta.pro/company-profiles/00061u6/seres-group) is a dual-listed Chinese new energy vehicle manufacturer that builds premium models under the AITO brand with Huawei, alongside the DFSK export brand and the AIVA brand. Deliveries of the AITO M9 Ultimate have begun, and the M9 has been the best-selling model priced above RMB 500,000 for four consecutive months. Cumulative deliveries of the AITO M6 have passed 60,000 units, and the new AITO M8, upgraded across six key areas of the ownership experience, goes on sale on November 13.

[AITO](https://akta.pro/company-profiles/003ublp/aito) announced on October 13 that cumulative M6 deliveries surpassed 60,000 units, according to Gasgoo. The smart SUV, co-developed by SERES and Huawei, launched on April 22, 2026, with locked-in orders exceeding 10,000 within 15 minutes, and deliveries reached 50,000 by September.

In Brand Finance's Automobiles 100 2026 ranking, AITO placed first among Chinese luxury automotive brands with a brand value of USD 3.448 billion. AITO showed the M9, M8, M7 and M6, together with the SERES MF Platform, at the 2026 Paris Motor Show, and announced entry into the European market in autumn 2027.

## Seres Buybacks and Share Purchases

According to akta.pro [company records](https://akta.pro/company-data), Seres reported full-year 2025 revenue of RMB 165.05 billion, up 13.7% year on year, and net profit of RMB 5.96 billion, its second consecutive year of profitability. The same records show total NEV sales of 472,269 vehicles in 2025, up 10.6%, with the AITO brand delivering over 420,000 units.

Year to date, Seres has repurchased 17.5357 million shares for about RMB 983 million. Directors, senior executives and core team members have completed a RMB 148 million plan to buy A-shares and H-shares, and a purchase plan by the controlling shareholder is under way.

## Huawei Handover and AITO's New Role

On September 30, SERES and Huawei signed a strategic upgrade for AITO under the Harmony Intelligent Mobility Alliance, shifting operational control from Huawei Terminal to SERES, Gasgoo reported. Seres Group will take over control of the AITO EV brand, leading product definition, marketing and sales while Huawei provides technology, Yicaiglobal reported in September 2026.

Huawei's Yu Chengdong responded to the partnership adjustment, saying Seres will operate independently but will still be supported, 36kr reported in September 2026.

## AITO M8 Launch Set for November 13

The new AITO M8 will go on sale on November 13, and the company plans to enter the European market in autumn 2027.

## Companies in this story

- [Seres Group company profile](https://akta.pro/company-profiles/00061u6/seres-group) · website: https://www.seres.cn
- [AITO company profile](https://akta.pro/company-profiles/003ublp/aito) · website: https://aitoauto.com

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