EHang Strongly Refutes False Allegations, Clarifies Misinformation Causing Stock Volatility
04 Septembre 2024 - 6:39PM
EHang Holdings Limited (“EHang” or the “Company”) (Nasdaq: EH), the
world’s leading urban air mobility (“UAM”) technology platform
company, today strongly refuted recent unfounded rumors circulating
in retail investor communities. These baseless allegations have no
foundation in truth and have unfairly impacted the Company's stock
price.
The rumor falsely claims that EHang is related
to an investigation on Chris Hu by the U.S. government. EHang
unequivocally denies this.
The Company's management team, including Huazhi
Hu, EHang’s Founder, Chairman and CEO, has no relatives or any
personal connections involved in the incident mentioned in the
rumors, and any suggestion otherwise is completely fabricated.
EHang categorically denies any involvement in activities that could
harm its reputation or standing with regulatory bodies.
EHang has always maintained the highest
standards of transparency and compliance in all its operations to
ensure that it meets legal and ethical obligations in both China
and the U.S.
The Company remains focused on its mission to
develop and commercialize cutting-edge autonomous aerial vehicle
technology. It will continue working diligently to bring innovative
solutions to market and drive long-term value for its
shareholders.
EHang urges investors and the public to rely on
official communications from the Company for accurate and
up-to-date information. The Company will reserve the right to take
appropriate legal action against those who propagate false and
misleading information to protect its reputation and the interests
of its shareholders.
About EHangEHang (Nasdaq: EH)
is the world’s leading urban air mobility (“UAM”) technology
platform company. Our mission is to enable safe, autonomous, and
eco-friendly air mobility accessible to everyone. EHang provides
customers in various industries with unmanned aerial vehicle
(“UAV”) systems and solutions: air mobility (including passenger
transportation and logistics), smart city management, and aerial
media solutions. EHang’s EH216-S has obtained the world’s first
type certificate, production certificate and standard airworthiness
certificate for passenger-carrying pilotless eVTOL aircraft issued
by the Civil Aviation Administration of China. As the forerunner of
cutting-edge UAV technologies and commercial solutions in the
global 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 StatementThis 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. Statements that are not historical facts, including
statements about management’s beliefs and expectations, are
forward-looking statements. Forward-looking statements involve
inherent risks and uncertainties. A number of factors could cause
actual results to differ materially from those contained in any
forward-looking statement, including but not limited to those
relating to certifications, our expectations regarding demand for,
and market acceptance of, our products and solutions and the
commercialization of UAM services, our relationships with strategic
partners, and current litigation and potential litigation involving
us. 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.comInvestor
Contact: ir@ehang.com
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