During the first half of 2026, Seres demonstrated exceptional performance, registering an operating revenue of RMB 57.493 billion and amassing cash reserves exceeding RMB 73.15 billion. The company fortified investor confidence by implementing strategies such as dividend payouts, share buybacks, and increased shareholdings. Concurrently, R&D investment soared to RMB 7.007 billion, representing a significant 34.8% year-on-year growth. This investment spurred advancements across multiple technological domains and facilitated the deployment of innovative ventures, including embodied AI. The AITO brand experienced a notable 10.2% year-on-year surge in deliveries during the first half of the year, propelled by the introduction of the new-generation M9 and M6 models. Remarkably, the M9 secured the top sales position in the RMB 500,000+ market segment for two consecutive months, with cumulative deliveries surpassing 300,000 units. The highly anticipated M9 Ultimate version is slated for imminent delivery. Furthermore, AITO successfully cemented its place among the global Top 10 luxury automotive brands and clinched multiple first-place accolades across various brand categories. Seres has cultivated systemic advantages, with expectations of sustained growth momentum in the latter half of the year.