Xiaopeng Huitian has recently announced the signing of a landmark syndicated loan agreement with an impressive consortium of lenders, including China Construction Bank, Agricultural Bank of China, China CITIC Bank, Bank of China, and Industrial Bank of China. This agreement secures a funding of 1.26 billion yuan to bolster the development of its innovative flying car smart manufacturing base. The groundbreaking ceremony for this pioneering facility took place on October 27, 2024, marking the inception of the world's first factory equipped with modern assembly lines tailored for large-scale mass production of flying cars. With an anticipated annual production capacity of 10,000 units, this factory specializes in manufacturing the flying body component of the revolutionary split-type flying car, affectionately known as the "Land Aircraft Carrier." Notably, China Construction Bank and Agricultural Bank of China took on the roles of joint lead banks for this significant syndicated loan.