Seres Automotive Receives 5 Billion Strategic Investment

Published: Jun 25, 2025 11:50

Save

[Seres Automotive Secures 5 Billion Yuan in Strategic Investment] Seres Automotive Co., Ltd. has completed the process of introducing strategic investors. Nine institutional investors, including ICBC Financial Asset Investment Co., Ltd., have invested amounts ranging from 200 million yuan to 1 billion yuan in Seres Automotive, totaling 5 billion yuan in additional capital. This capital increase, along with the 1.12 billion yuan investment made by the National Development Bank's Manufacturing Transformation and Upgrading Fund in December 2024, belongs to the same round of financing. After consultation among all parties, the capital increase price was set at 9.0361 yuan per 1 yuan of registered capital. Currently, Seres Automotive has received the investment funds and completed the registration of changes to its registered capital.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

19 hours ago

[Geely's Gan Jiayue: Zeekr 9X to enter markets in the Middle East, Central Asia, and Europe from Q3]

On April 29, during Geely's Q1 2026 results conference, Gan Jiayue, CEO of Geely Auto Group, stated that the Zeekr 9X will be exported to the Middle East in June, launched in Central Asia in Q3, and enter the European market in Q4. Gan also revealed that the Zeekr 8X will be promoted in overseas markets from Q4 this year to Q1 next year. Data shows that in the first quarter, deliveries of the Zeekr 9X reached 22,000 units.

19 hours ago

[LG Energy Solution posts Q1 operating loss of 207.8 billion won]

LG Energy Solution reported consolidated revenue of 6.6 trillion won in the first quarter, up 1.2% quarter-on-quarter (including approximately 189.8 billion won in North American production incentives). During the same period, it recorded an operating loss of 207.8 billion won. Shipments of pouch-type electric vehicle (EV) batteries declined due to inventory adjustments by major North American customers.

19 hours ago

[SMM Analysis] Why has lithium hydroxide trade reversed as imports continuously exceed exports?

19 hours ago