Aerofugia Lands Record RMB 6B Credit Line for eVTOL Development
The three parties will jointly develop a financial solution covering R&D, manufacturing, sales, and operations.
On May 7, Aerofugia announced it had signed a strategic cooperation agreement with China Construction Bank Sichuan Branch (CCB Sichuan) and CCB Financial Leasing Co., Ltd., securing a RMB 6 billion financial leasing and service package—the largest credit line to date in China’s eVTOL aircraft industry.
Under the deal, the three parties will jointly develop a comprehensive financial solution covering R&D, manufacturing, sales, and operations, Aerofugia said, adding that the agreement provides a model for deeper integration between finance and the low-altitude economy.
CCB Sichuan, a key provincial branch of China Construction Bank with over RMB 1 trillion in deposits and loans, will provide tailored financial services to support the low-altitude economy. Offerings include credit, supply chain financing, and investment solutions, with a dedicated team assigned to support Aerofugia throughout its development.
CCB Financial Leasing, a wholly owned CCB subsidiary, will offer customized leasing solutions to Aerofugia and its supply chain, addressing the specific needs of the eVTOL sector to improve cost efficiency and accelerate market entry.