Seres Group Co.,Ltd

601127

CNE1000028B9

Auto & Truck Manufacturers

End-of-day quote Shanghai S.E. Other stock markets 03:30:00 05/07/2024 am IST			5-day change	1st Jan Change
86.9 ^CNY	+0.27%		-4.63%	+14.04%

04/07	Huawei Sells Interests in Aito to Seres Group	MT
03/07	Seres Group to Acquire Huawei Trademarks, Related Patents in 2.5-Billion-Yuan Deal	MT

Seres Group Co.,Ltd agreed to acquire trademark and patents of Aito from Huawei Technologies Service Co., Ltd. for CNY 2.5 billion.

July 03, 2024

Seres Group Co.,Ltd (SHSE:601127) agreed to acquire trademark and patents of Aito from Huawei Technologies Service Co., Ltd. for CNY 2.5 billion on July 3, 2024. The transaction is expected to close by the end of 2024.

Latest news about Seres Group Co.,Ltd

Huawei Sells Interests in Aito to Seres Group	04/07	MT
Seres Group to Acquire Huawei Trademarks, Related Patents in 2.5-Billion-Yuan Deal	03/07	MT
Seres Group Co.,Ltd agreed to acquire trademark and patents of Aito from Huawei Technologies Service Co., Ltd. for CNY 2.5 billion.	03/07	CI
Correction to Chinese EV Sales Article	02/07	DJ
Tesla's China Sales Fell in June. Its Chinese Rivals Broke Records.	02/07	DJ
Chinese EV Sales Rallied in June on Policy, Price Cuts	02/07	DJ
Seres' NEV Sales Soars 372%, Output Surge 420% in June	02/07	MT
China Electric-Vehicle Shares Rally After Strong Sales in May	03/06	DJ
Brainhole Technology Acquires Additional Shares in Seres Group	22/05	MT
Jefferies Adjusts Seres Group’s Price Target to 113.16 Yuan From 92.80 Yuan, Keeps at Buy	10/05	MT
Brainhole Technology Sells Further Shares in Seres Group	08/05	MT
Tesla's China Sales Fell in April Despite Rebound in EV Demand	07/05	DJ
Seres' Car Sales Soars 130% in April	06/05	MT
Seres Group Co.,Ltd Reports Earnings Results for the First Quarter Ended March 31, 2024	29/04	CI
Foreign automakers eager for Chinese partners at Beijing auto show	26/04	RE
Huawei's smart car tech offers automakers route to China sales	26/04	RE
China's largest auto show showcases all-electric future, local brands dominate	25/04	RE
China's state planner warns intensified EV price war on oversupply	22/04	RE
Seres' Vehicle Sales Soar 176% in February	04/03	MT
Brainhole Technology Sells $3 Million Coinbase Shares, Buys 15.5 Million Yuan Seres Shares	22/02	MT
BAIC's EV brand to launch first Huawei-backed sedan in 2024	20/02	RE
Seres' Vehicle Sales, Output Soar Over 200% in January	02/02	MT
Chinese automakers hit by production issues with Huawei computing unit, sources say	31/01	RE
Seres Group's Loss to Narrow in 2023	25/01	MT
Huawei Dismisses Rumor of Exclusive User Center Deal with State-Owned Firm	11/01	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

31/08/2024 - 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

86.9 CNY

Average target price

123.1 CNY

Spread / Average Target

+41.60%

Consensus

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