Seres Group

Not to be confused with Seres (automobiles), the subsidiary.

Seres Group Co., Ltd
Native name
赛力斯集团股份有限公司
FormerlySokon Group
Company typePublic
SSE: 601127
Industry
Predecessors
  • Chongqing Baxian Fenghuang Electronic Factory (1986-1996)
  • Chongqing Yu'an Shock Absorber Company (1996-2007)
  • Chongqing Sokon Automobile (2007-2022)
FoundedSeptember 1986; 38 years ago (1986-09)
FoundersZhang Xinghai
Headquarters
Chongqing
,
China
Area served
Worldwide
ProductsAutomobiles, Motorcycle, commercial vehicles, auto parts
RevenueIncrease US$12,485,977 (2023)
Steady US$72,136
Total assetsDecrease US$11,339,223 (2023)
Owners
  • Chongqing Sokon Holding (founder Zhang's family) (26.53%)
  • Dongfeng Motor Corporation (21.68%)
  • Chongqing Yu'an Automotive Industrial (government of Chongqing) (4.38%)[1]
Number of employees
13,238[2]
SubsidiariesSeres
Seres Hubei
XGJAO Motorcycle
Yu'an Shock Absorber Company
Jinkang New Energy
Ruichi Automobile
Websiteglobal-seres.com

Seres Group (赛力斯集团股份有限公司) (previously known as Sokon Group or Chongqing Sokon Industry Group Co., Ltd, 重庆小康工业集团股份有限公司)[3] is a Chinese automotive manufacturer founded in September 1986 with headquarters in Chongqing, China.[4] Born as a manufacturer of components for household appliances and shock absorbers, it currently produces cars, motorcycles and commercial vehicles as well as shock absorbers and internal combustion engines. In 2022, the company renamed to Seres Group from Sokon Group.[3] It operates through its subsidiaries Seres, Seres Hubei, XGJAO Motorcycle and Yu'an Shock Absorber Company.[5]

While Chinese automotive manufacturers are either state-owned or privately owned, Seres shareholders include private investors as well as a local government entity and a state-owned company.

The name Seres is derived from the Ancient Greek word "Σῆρες" which means "China".

  1. ^ "Profile". Retrieved 7 June 2021.
  2. ^ "Yahoo Search - Web Search". in.search.yahoo.com.
  3. ^ a b Cite error: The named reference ShanghaiStock601127_2022-070 was invoked but never defined (see the help page).
  4. ^ "About - Seres Group Co., Ltd". seres.cn. Retrieved 13 May 2024.
  5. ^ "Sokon: Profile". Archived from the original on 12 April 2023. Retrieved 7 June 2021.