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China: New Energy Vehicles at The Phoenix Smart Factory of SERES Automobile in Chongqing, China

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Chongqing, China - July 21, 2024

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New energy vehicles are piled up at the Phoenix Smart Factory of SERES Automobile in Chongqing, China, July 21, 2024. Recently, SERES disclosed the semi-annual report performance forecast for 2024, and the company is expected to achieve revenue of 63.09 billion yuan to 66.01 billion yuan in the half year of 2024, an increase of 479% to 498%; The net profit attributable to shareholders of listed companies is expected to be 1.39 billion yuan to 1.70 billion yuan in the first half of the year.

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