GAC Group Holdings Company establishes a flying car manufacturing company.

According to the QiChaCha app, recently, GaoYu FeiXing Automobile Manufacturing Co., Ltd. was established, with Zhang Ning as the legal representative and a registered capital of 30 million yuan. Its business scope includes manufacturing of automobile parts and accessories, sales of intelligent unmanned aerial vehicles, 3D printing services, digital technology services, mold sales, and civil aircraft maintenance. QiChaCha's equity penetration shows that the company is wholly owned by Guangdong GaoYu Technology Co., Ltd., which is held by Guangzhou Automobile Group.