text: Original by Understand Chedi Liu Yiwei
[Original by Understand Chedi Industry] Recently, Cyrus officially announced that the company's subsidiary received a government subsidy of 300 million yuan allocated by the Finance Bureau of Chongqing Liangjiang New District.

Cyrus SF5
In September 2022, Cyrus signed a strategic agreement with Chongqing Liangjiang New Area Management Committee . Among them, the Chongqing Liangjiang New Area Management Committee is responsible for the investment and construction of factories, infrastructure, related equipment, etc. in the automobile industrial park. The park tentatively covers an area of about 2,700 acres.
Thalys is responsible for investing 1.5 billion yuan in the purchase of special equipment, and at the same time leasing business-related workshops, facilities and equipment from the Chongqing Liangjiang New Area Management Committee for the operation of the new energy vehicle upgrade project.

Cyrus’ third-quarter revenue increased by more than 160% year-on-year.
It is worth noting that since the beginning of this year, Cyrus has continued to increase its sales of new energy vehicle products, and its revenue has achieved substantial growth. The latest financial report information of
shows that the operating income of Cyrus Group in the third quarter was 10.707 billion yuan, and increased by 163.39% compared with in the same period last year. From January to September 2022, Thalys' operating income has reached 23.123 billion yuan, a year-on-year increase of 101.96%. This figure has exceeded last year's full revenue.

In November, Cyrus Production and Sales Express
data showed that in November 2022, Cyrus new energy vehicle sales reached 11,661 units, a year-on-year increase of 154%. Among them, the sales volume of Sailis Automobile in November was 8,262 units, a year-on-year increase of 335%; from January to November, the cumulative sales volume of Sailis Automobile was 69,884 units, a year-on-year increase of 721.68%.