RMB 150M-300M Share Purchase! Seres Controlling Shareholder Boosts 22.99% Stake, Confident in Long-Term Value

On July 13, Seres announced controlling shareholder Chongqing Sokon Holding plans to purchase RMB 150M-300M of A-shares within 6 months through centralized bidding, using own funds. Sokon Holding currently holds 401 million shares, representing 22.99% of total equity. Meanwhile, Seres' new brand AIVA's first mass-production model AIVA ME7 is slated for release this year, targeting the 100,000 to 200,000 yuan range.

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