SERES reported first-half 2026 revenue of RMB 57.493 billion, equivalent to about $8.526 billion, and R&D investment of RMB 7.007 billion, or about $1.039 billion, up 34.8% from a year earlier. Deliveries of AITO, SERES Group's luxury brand, increased 10.2% year over year, with the all-new AITO M9 and AITO M6 launched and entering delivery during the period. The AITO M9 was the best-selling model in China's RMB 500,000-plus vehicle segment for two consecutive months, while cumulative deliveries exceeded 300,000 units. SERES said it maintained a healthy financial structure, sufficient cash reserves and relatively low debt pressure. Cumulative share repurchases exceeded RMB 587 million by July 2026, while directors, senior executives and key team members bought RMB 148 million of shares over three trading days. The AITO M9 Ultimate is scheduled to begin deliveries soon at a starting price of RMB 600,000. Brand Finance valued AITO at $3.448 billion in its 2026 Automotive Industry 100, placing it among the world's top 10 luxury automotive brands and making it the only Chinese brand on the list. SERES is also developing the MF Platform 2.0, a next-generation Super Range Extender and intelligent safety technologies, while expanding into embodied intelligence and robotics.