Seres Takes Full Ownership of Landian Auto

[Company Update] Seres has reversed its previous divestment plan and now fully acquires Landian Auto.

Key Development: Seres Increases Stake from 35% to 100%

Recently, Chongqing Landian Automotive Technology Co., Ltd. underwent a business registration change. Former shareholders Chongqing Qingfeng Technology and Chongqing Yuantou Warehousing exited, and Seres increased its ownership stake from 35% to 100%, achieving full control. The company type was simultaneously changed to a "limited liability company."

Strategic Rationale: Management Fully Integrated into Seres

Landian's core management team has been entirely replaced by executives from Seres: Zhang Zhengyuan serves as Chairman and Legal Representative, Liang Qijun assumes the role of BU President, and Chen Yejun oversees the powertrain division. All three are seasoned senior executives within Seres.

Industry Impact: Divestment Plan Suddenly Reversed

A prior announcement dated February 9, 2026, indicated that Seres intended to divest Landian’s assets and bring in a state-owned investment fund with a 33.5% stake as the largest shareholder. This complete reversal suggests Seres may have reassessed the strategic value of the mass-market segment.