According to the CITIC Securities Research Report, for the next five years, Cyrus and Huawei will jointly form an exclusive inquiry business team to further upgrade the inquiry business. CITIC Securities believes that in the short term, this cooperative upgrade is expected to dispel the market's concerns that it will be difficult to enjoy Huahui's power. In the medium to long term, the abundance of subsequent models is expected to increase, and the sales rate of Cyrus is expected to drop after the exclusive channel franchise. Furthermore, with the increase in the number of models within the Hongmeng Zhixing system, I wonder if the upgrade of the exclusive franchise model is an inevitable trend in the long-term development of most Hongmeng Zhixing brands after reaching a certain level of sales. It is expected that in 2027, the Hongmeng series will release a variety of cars, SUVs, MPVs, and off-road SUVs, and continue to be optimistic about the sales growth of the Hongmeng system.

According to the CITIC Securities Research Report, for the next five years, Cyrus and Huawei will jointly form an exclusive inquiry business team to further upgrade the inquiry business. CITIC Securities believes that in the short term, this cooperative upgrade is expected to dispel the market's concerns that it will be difficult to enjoy Huahui's power. In the medium to long term, the abundance of subsequent models is expected to increase, and the sales rate of Cyrus is expected to drop after the exclusive channel franchise. Furthermore, with the increase in the number of models within the Hongmeng Zhixing system, I wonder if the upgrade of the exclusive franchise model is an inevitable trend in the long-term development of most Hongmeng Zhixing brands after reaching a certain level of sales. It is expected that in 2027, the Hongmeng series will release a variety of cars, SUVs, MPVs, and off-road SUVs, and continue to be optimistic about the sales growth of the Hongmeng system.