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09.16
2026

Wenjie Business Adjustment Led by Seres Triggers Market Turmoil

On September 15, Hongmeng Smart Mobility announced that the definition, marketing and service of the Wenjie product would be taken over by Seres, with Huawei only providing empowerment. The news sparked concerns of car dealers selling off, and Seres' stock closed down 5.09% that day, after having turned from profit to loss in the first half of the year.

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