Core Viewpoint - Xiaopeng Motors has secretly submitted an IPO application for its flying car division, Xiaopeng Huitian, in Hong Kong, with plans to potentially complete the listing by the end of this year [1] Group 1: Company Overview - Xiaopeng Huitian is a subsidiary of Xiaopeng Motors, aiming to be a "global leader in low-altitude products" and focusing on making flying more accessible [1] - The company was established after Xiaopeng Motors invested in Huitian in 2020, which originally started in Dongguan in 2013 [1] Group 2: Financial Background - Xiaopeng Huitian completed over $500 million in Series A financing in 2021 and secured an additional $150 million in Series B1 financing in 2024 [1] - Reports indicate that the company completed $250 million in Series B financing last year [1] Group 3: Product Development - The company's split-type flying car, referred to as "Land Aircraft Carrier," is set for its first public flight in 2024 and will debut overseas in 2025 [1] - Xiaopeng Huitian has received approximately 5,000 orders for the "Land Aircraft Carrier" and plans to expand into overseas markets by 2027 [1]
新股消息 | 传小鹏(09868)已聘投行筹备小鹏汇天香港IPO