Luxury NEV Maker Seres Delivers Sustained Profitability and Strong Dividends

A comprehensive business layout serves as a vital cornerstone and reliable safeguard for Seres to withstand market fluctuations and achieve sustainable growth. In 2025, the Company firmly implemented its dual-strategy layout of range-extension electric vehicles and battery electric vehicles, which closely aligns with the diversified demands of the NEV market, enabling all-round breakthroughs amid fierce competition. Seres ranked first in China's range-extension segment with a market share of 37.5%. Meanwhile, the sales proportion of its battery electric models continued to rise, forming a sound development pattern in which technical strength and market competitiveness improved in tandem.

Generous and steady dividends reflect Seres' commitment to rewarding shareholders and sharing development achievements, and also serve as a tangible demonstration of the Company's sound operation. In 2025, the Board of Directors proposed a final dividend for the year ended 31 December 2025 of RMB0.8 per share (tax inclusive), representing a total proposed cash dividend of approximately RMB1.9 billion. This initiative actively rewards the trust and support of all shareholders, reflects the Company's firm confidence in its future development, and further strengthens investors' expectations for the Company's long-term growth.

Excellent ESG performance serves as a fundamental underpinning of Seres' high-quality development and a core competitiveness for the Company's sustainable growth. In 2025, the Company continued to deepen its ESG governance, integrating ESG philosophy across the full chain of production and operations, R&D and innovation, and supply chain management. Through concrete actions, Seres is advancing the synergistic development of the enterprise, society and the environment.

Leveraging robust ESG management practices and remarkable sustainability achievements, Seres was awarded the highest AAA rating by MSCI, demonstrating its corporate value through responsibility and accountability.

Driven by technological innovation, guided by customer value, and committed to sustainable development, Seres made steady progress in the luxury NEV segment in 2025, achieving comprehensive advancements in business performance, brand strength, technological capability, and ESG performance. Looking ahead, Seres will continue to deepen its dual-track strategy of range-extension electric and battery electric vehicles, further increase R&D investment, and accelerate technological iteration and product innovation. The Company is committed to continuously leading the upgrade of China's luxury NEV industry and creating greater value for customers, shareholders, and society.

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