Seres Group Co.,Ltd

601127

CNE1000028B9

Auto & Truck Manufacturers

End-of-day quote Shanghai S.E. Other stock markets 06:00:00 2024-07-16 pm EDT			5-day change	1st Jan Change
75.92 ^CNY	-2.29%		-15.10%	-0.37%

10:38am	Huawei's Sale of Aito Trademark in Line with Regulations, Auto Business Head Says	MT
Jul. 11	Seres Group Forecasts First-Ever Profit on Soaring Sales	MT

Seres Group Co.,Ltd agreed to acquire Chongqing Liangjiang New Area Longsheng New Energy Technology Co., Ltd. from Chongqing Liangjiang New Area Development & Investment Group Co.,Ltd., Chongqing Liangjiang New Area Industrial Development Group Co., Ltd. and Chongqing Industrial Investment Fund Partnership (Limited Partnership).

June 28, 2024

Seres Group Co.,Ltd (SHSE:601127) agreed to acquire Chongqing Liangjiang New Area Longsheng New Energy Technology Co., Ltd. from Chongqing Liangjiang New Area Development & Investment Group Co.,Ltd., Chongqing Liangjiang New Area Industrial Development Group Co., Ltd. and Chongqing Industrial Investment Fund Partnership (Limited Partnership) on April 29, 2024. The transaction has been approved by board of Seres Group.

Latest news about Seres Group Co.,Ltd

Huawei's Sale of Aito Trademark in Line with Regulations, Auto Business Head Says	04:38am	MT
Seres Group Forecasts First-Ever Profit on Soaring Sales	Jul. 11	MT
Huawei Sells Interests in Aito to Seres Group	Jul. 04	MT
Seres Group to Acquire Huawei Trademarks, Related Patents in 2.5-Billion-Yuan Deal	Jul. 03	MT
Seres Group Co.,Ltd agreed to acquire trademark and patents of Aito from Huawei Technologies Service Co., Ltd. for CNY 2.5 billion.	Jul. 02	CI
Correction to Chinese EV Sales Article	Jul. 02	DJ
Tesla's China Sales Fell in June. Its Chinese Rivals Broke Records.	Jul. 02	DJ
Chinese EV Sales Rallied in June on Policy, Price Cuts	Jul. 02	DJ
Seres' NEV Sales Soars 372%, Output Surge 420% in June	Jul. 02	MT
Seres Group Co.,Ltd agreed to acquire Chongqing Liangjiang New Area Longsheng New Energy Technology Co., Ltd. from Chongqing Liangjiang New Area Development & Investment Group Co.,Ltd., Chongqing Liangjiang New Area Industrial Development Group Co., Ltd. and Chongqing Industrial Investment Fund Partnership (Limited Partnership).	Jun. 28	CI
China Electric-Vehicle Shares Rally After Strong Sales in May	Jun. 03	DJ
Brainhole Technology Acquires Additional Shares in Seres Group	May. 22	MT
Jefferies Adjusts Seres Group’s Price Target to 113.16 Yuan From 92.80 Yuan, Keeps at Buy	May. 10	MT
Brainhole Technology Sells Further Shares in Seres Group	May. 08	MT
Tesla's China Sales Fell in April Despite Rebound in EV Demand	May. 07	DJ
Seres' Car Sales Soars 130% in April	May. 05	MT
Seres Group Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2024	Apr. 29	CI
Foreign automakers eager for Chinese partners at Beijing auto show	Apr. 26	RE
Huawei's smart car tech offers automakers route to China sales	Apr. 26	RE
China's largest auto show showcases all-electric future, local brands dominate	Apr. 25	RE
China's state planner warns intensified EV price war on oversupply	Apr. 22	RE
Seres' Vehicle Sales Soar 176% in February	Mar. 03	MT
Brainhole Technology Sells $3 Million Coinbase Shares, Buys 15.5 Million Yuan Seres Shares	Feb. 22	MT
BAIC's EV brand to launch first Huawei-backed sedan in 2024	Feb. 20	RE
Seres' Vehicle Sales, Output Soar Over 200% in January	Feb. 02	MT

Chart Seres Group Co.,Ltd

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Company Profile

Seres Group Co Ltd, formerly CHONGQING SOKON INDUSTRY GROUP STOCK Co.,Ltd., is a China-based company mainly engaged in the research and development, supply, manufacturing and sales of new energy vehicles. The Company is also engaged in the manufacture of automotive powertrains and auto parts, as well as financial leasing. Its automotive products include new energy vehicles, fuel vehicles, pure electric vehicles, range-extended vehicles, passenger vehicles, and commercial vehicles. The Company conducts its businesses in the domestic market and overseas markets.

Sector

Auto & Truck Manufacturers

Calendar

2024-08-30 - Q2 2024 Earnings Release

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Ratings for Seres Group Co.,Ltd

Trading Rating

Investor Rating

ESG Refinitiv

B-

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

75.92 CNY

Average target price

123.1 CNY

Spread / Average Target

+62.08%

Consensus

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