The Wikipedia has the following information about this codepoint:
The or Es with Descender (Ҫ ҫ; italics: Ҫ ҫ) is a letter of the Cyrillic script. The name the is pronounced [θɛ], like the pronunciation of ⟨the⟩ in "theft". In Unicode, this letter is called "Es with descender". In Chuvash, it looks identical to the Latin letter C with cedilla (Ç ç Ç ç). Occasionally it also has the hook diacritic curved rightward like an ogonek, as in the SVG image shown in the sidebar. In many fonts, the character hooks to the left.
The is used in the alphabets of the Bashkir, Chuvash, and Nganasan languages.
In Bashkir it represents the voiceless dental fricative /θ/.
In Chuvash it represents the voiceless alveolo-palatal fricative /ɕ/.
In Nganasan it represents the voiceless dental fricative /θ/.