Cyrus jointly invests 20 million yuan in high-quality standard enterprises upstream and downstream of the new energy industry chain.

CTOnews.com September 19 news, Cyrus announced today that the company signed partnership agreements with controlling shareholder Xiaokang Holdings, Chongqing Yufu holding Group Co., Ltd. and Chongqing Strategic emerging Industry Equity Investment Fund Partnership (limited partnership) to jointly invest in Chongqing Yuxin Chuangneng Private Equity Fund Partnership (limited partnership).

The total contribution of the fund is 553 million yuan, which mainly invests in the high-quality target enterprises in the upstream and downstream of the new energy industry chain, especially in the key areas of new energy (intelligent network connection) vehicles, hydrogen energy, energy storage and other key areas. As a limited partner, the company contributed 20 million yuan, with a subscription proportion of 3.62%.

CTOnews.com learned that on September 17, Selis Group signed a strategic cooperation agreement with the Chongqing Liangjiang New District Management Committee. According to the agreement, Selis New Energy vehicle upgrade project will be located in Chongqing Liangjiang New District Longxing Intelligent Network Union New Energy vehicle Industry Park.

According to reports, since the start of delivery in March this year, the M5 has set the fastest record for sales of a new brand single model in 87 days; from its launch on July 4 to delivery, the M7 took only 51 days to set a new industry record. The delivery volume of the Q & J series reached 10045 in August, achieving monthly delivery of more than 10,000 vehicles for the first time, creating a record for domestic new energy vehicle brands to deliver more than 10,000 vehicles in a single month. In early September, the first pure electric model, the M5 EV, was launched, which is another new energy vehicle product launched by Cyrus and Huawei after the M5 and M7.