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Seres: Expected net loss of RMB 1.5 billion–1.8 billion in the first half of 2026

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Seres’ announcement estimates that the net loss attributable to shareholders of the listed company will be RMB 1.5 billion–RMB 1.8 billion from January 1, 2026 to June 30, 2026. Due to factors such as increases in the prices of major raw materials including storage chips, industrial metals, and lithium carbonate, the company’s production costs have increased accordingly. Based on the principle of prudence and to further strengthen the overall quality of its assets, and in light of the expected future earnings of assets after acquisition, the company has adjusted the carrying value of some existing assets whose suitability is limited due to technological iterations and model changes. Affected by the above factors, the performance of the company’s core subsidiary, AITO Auto, has shown fluctuations, turning from profit to loss; its net profit attributable to shareholders of the listed company in the second quarter was RMB -2.15 billion to RMB -1.9 billion.
SERES-13.55%
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