EHang Releases Video of Yunfu Production Facility in Operation
EHang Holdings Limited (Nasdaq: EH) has canceled its Yunfu Investor Day due to strict COVID-19 travel and gathering restrictions following a Delta variant outbreak. The event was planned for today at the new Yunfu production facility. Instead, a video showcasing the facility’s operations has been made available for investors. This facility spans 24,000 square meters, supporting key AAV production processes from component manufacturing to flight testing. EHang aims to advance air mobility technology while maintaining safety and eco-friendliness.
- The Yunfu production facility is extensive, at 24,000 square meters, enhancing production capabilities for AAVs.
- The company continues to engage with investors through alternative methods like video presentations.
- Cancellation of the Investor Day may reduce direct investor engagement and limit insights into the company's operations.
GUANGZHOU, China, Aug. 18, 2021 (GLOBE NEWSWIRE) -- EHang Holdings Limited (Nasdaq: EH) (“EHang” or the “Company”), the world's leading autonomous aerial vehicle (“AAV”) technology platform company, announces the cancellation of the EHang Yunfu Investor Day due to the latest tightening COVID-19-related travel and group gathering restrictions by the local governmental authorities following the recent Delta variant outbreak in China. The event was originally scheduled to take place in person at the Company’s new Yunfu production facility today. As an alternative, the Company has posted a video of the Yunfu production facility in operation for investors’ reference. The video is available at https://youtu.be/6uktNthAPKE.
The EHang Yunfu production facility is approximately 24,000 square meters in gross floor area to house the major AAV production processes from manufacturing of key components and carbon fiber composite airframes to AAV assembling and flight testing in designated function areas.
About EHang
EHang (Nasdaq: EH) is the world's leading autonomous aerial vehicle (AAV) technology platform company. Our mission is to make safe, autonomous, and eco-friendly air mobility accessible to everyone. EHang provides customers in various industries with AAV products and commercial solutions: air mobility (including passenger transportation and logistics), smart city management, and aerial media solutions. As the forerunner of cutting-edge AAV technologies and commercial solutions in the global Urban Air Mobility (UAM) industry, EHang continues to explore the boundaries of the sky to make flying technologies benefit our life in smart cities. For more information, please visit www.ehang.com.
Safe Harbor Statement
This press release contains statements that may constitute “forward-looking” statements pursuant to the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “likely to” and similar statements. Management has based these forward-looking statements on its current expectations, assumptions, estimates and projections. While they believe these expectations, assumptions, estimates and projections are reasonable, such forward-looking statements are only predictions and involve known and unknown risks and uncertainties, many of which are beyond management's control. These statements involve risks and uncertainties that may cause EHang's actual results, performance or achievements to differ materially from any future results, performance or achievements expressed or implied by these forward-looking statements.
Media Contact: pr@ehang.com
Investor Contact: ir@ehang.com
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FAQ
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