GUANGZHOU, China, Sept. 04, 2024 – EHang Holdings Restricted (“EHang” or the “Firm”) (Nasdaq: EH), the world’s main city air mobility (“UAM”) expertise platform firm, immediately strongly refuted current unfounded rumors circulating in retail investor communities. These baseless allegations don’t have any basis in fact and have unfairly impacted the Firm’s inventory worth.
The rumor falsely claims that EHang is expounded to an investigation on Chris Hu by the U.S. authorities. EHang unequivocally denies this.
The Firm’s administration staff, together with Huazhi Hu, EHang’s Founder, Chairman and CEO, has no family or any private connections concerned within the incident talked about within the rumors, and any suggestion in any other case is totally fabricated. EHang categorically denies any involvement in actions that would hurt its status or standing with regulatory our bodies.
EHang has all the time maintained the very best requirements of transparency and compliance in all its operations to make sure that it meets authorized and moral obligations in each China and the U.S.
The Firm stays targeted on its mission to develop and commercialize cutting-edge autonomous aerial automobile expertise. It is going to proceed working diligently to deliver modern options to market and drive long-term worth for its shareholders.
EHang urges traders and the general public to depend on official communications from the Firm for correct and up-to-date info. The Firm will reserve the precise to take acceptable authorized motion towards those that propagate false and deceptive info to guard its status and the pursuits of its shareholders.
About EHang
EHang (Nasdaq: EH) is the world’s main city air mobility (“UAM”) expertise platform firm. Our mission is to allow protected, autonomous, and eco-friendly air mobility accessible to everybody. EHang supplies prospects in numerous industries with unmanned aerial automobile (“UAV”) programs and options: air mobility (together with passenger transportation and logistics), sensible metropolis administration, and aerial media options. EHang’s EH216-S has obtained the world’s first sort certificates, manufacturing certificates and normal airworthiness certificates for passenger-carrying pilotless eVTOL plane issued by the Civil Aviation Administration of China. Because the forerunner of cutting-edge UAV applied sciences and industrial options within the international UAM trade, EHang continues to discover the boundaries of the sky to make flying applied sciences profit our life in sensible cities. For extra info, please go to www.ehang.com.
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