Fengfei Aviation has entered into a strategic cooperation agreement with CITIC Offshore Helicopters and CITIC Financial Leasing, marking a significant milestone with the receipt of a letter of intent for 100 large electric Vertical Take-Off and Landing (eVTOL) aircraft from CITIC Financial Leasing. This order encompasses the 2-ton cargo aircraft, the Seagull, and the 5-seat passenger aircraft, the Prosperity Dragon. The trio aims to collaborate closely to expedite the commercial deployment of eVTOLs across various applications, including offshore operations, emergency rescues, and premium tourism experiences.

Additionally, Fengfei Aviation, in conjunction with CITIC Offshore Helicopters and CITIC Financial Leasing, has signed a contract with Luohu Urban Development, outlining plans to introduce eVTOL operations within the picturesque Wutongge scenic area of Shenzhen, further expanding the reach and impact of their innovative aviation solutions.