Seres Group expects H1 2026 net loss of $220 million–$270 million

Seres Group warned it expects a first-half 2026 net loss of RMB 1.5 billion to RMB 1.8 billion.

That would mark a sharp reversal from a profit in the same period last year.

The company cited higher input costs and asset write-downs tied to product and technology changes.

The warning underscores margin pressure in China’s auto sector as component and material costs rise.