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Thursday, January 16, 2025

EHang Strongly Refutes False Allegations, Clarifies Misinformation Causing Stock Volatility - StockTitan

EHang Holdings (Nasdaq: EH), a leading urban air mobility technology company, has strongly refuted recent unfounded rumors circulating in retail investor communities. These baseless allegations, which falsely claim EHang is related to a U.S. government investigation on Chris Hu, have unfairly impacted the Company's stock price. EHang categorically denies any involvement in such activities and affirms that its management team, including Founder, Chairman and CEO Huazhi Hu, has no personal connections to the incident mentioned in the rumors.

The Company emphasizes its commitment to transparency and compliance in both China and the U.S. operations. EHang remains focused on developing and commercializing autonomous aerial vehicle technology and will consider legal action against those spreading false information to protect its reputation and shareholder interests.

Positive

  • EHang maintains high standards of transparency and compliance in its operations
  • The company remains focused on developing and commercializing autonomous aerial vehicle technology
  • EHang is considering legal action to protect its reputation and shareholder interests

Negative

  • Unfounded rumors have negatively impacted EHang's stock price
  • The company is facing reputational challenges due to false allegations

This statement from EHang is a critical response to market rumors, aimed at protecting the company's reputation and stock value. The forceful denial of any connection to the alleged U.S. government...



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