According to the Guohai Securities Research Report, Cyrus's 2026Q3 net profit improved month-on-month, focusing on subsequent overseas promotion and new product cycle. Promote cooperation and overseas planning, and follow the progress of subsequent implementation. On September 30, the company and Huawei reached a new five-year cooperation. The two sides will jointly form an exclusive inquiry business team to upgrade the inquiry business through an exclusive franchise approach. On October 10, the company and Ningde Times signed a long-term strategic cooperation agreement. The two sides will promote the second phase of “factory-in-factory” construction and plan an annual production capacity of 10-12 GWh. Overseas, on October 12, Inquire announced plans to enter the European market in the fall of 2027. The follow-up focus will be on the implementation of the new cooperation model, battery project construction, and the progress of preparations for the European market. In view of the M9 release of the company's high-end products and the expected increase in overseas exports in the future, it maintains a “buy” rating.

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