GUANGZHOU, China, Dec. 31, 2024 (GLOBE NEWSWIRE) -- EHang Holdings Limited (“EHang” or the “Company”) (Nasdaq: EH), the world’s leading Urban Air Mobility (“UAM”) technology platform company, today announced the preliminary revenues for the fourth quarter and fiscal year ended December 31, 2024, beating the previous revenue guidance in the earnings release for the third quarter of 2024.Total revenues for the fourth quarter 2024 are expected to reach RMB162 million, representing an increase of 20% from the g ...

Company Overview - CCIT is a specialized subsidiary of China Communications Construction Group (CCCG), focusing on digital transformation and strategic emerging industries [1] - CCIT is a national high-tech enterprise and key technical support unit for major projects under the Ministry of Transport [1] - CCIT is the only construction sector central state-owned enterprise with a "Beidou Operation Qualification" [1] - CCCG is a leading global comprehensive service provider for extra-large infrastructure, with a history of over a century [2] - CCCG is the world's largest port design and construction company, road and bridge design and construction company, dredging company, and container crane manufacturing company [2] - CCCG is also the largest international engineering contracting company in Asia and the largest highway investor in China [2] Strategic Partnership - EHang and CCIT announced a comprehensive strategic partnership in the fields of low-altitude economy and advanced air mobility ecosystem [13] - The partnership aims to co-develop digital UAM infrastructure and transportation hubs, innovate UAV services, and establish a commercial operation model for the low-altitude economy [14] - Both parties will collaborate on advancing the research and development, planning, and construction of digital UAM infrastructure [19] Low-Altitude Economy Initiatives - CCIT plans to introduce a comprehensive one-stop solution for low-altitude super IP projects integrating "land + space + content" [5] - The partnership aims to develop 100 intra-city and inter-city comprehensive air traffic terminals and 100 low-altitude tourism terminals in National 5A Scenic Areas over the next three years [6] - Both parties will establish city-level low-altitude air mobility service systems (E-Port terminals) and jointly operate a fully integrated low-altitude economic demonstration zone [6] - The collaboration will advance the rapid deployment and operation of low-altitude economy initiatives in major cities, coastal regions, and major economic zones across China [4] Innovation and Development - Both parties will explore the establishment of a dedicated fund, a research institute, and a vocational training academy for the low-altitude economy industry [8] - They plan to set up and operate innovation service hubs in major cities across China, incubating upstream and downstream enterprises while cultivating a skilled talent pool [8] - The partnership will incorporate digital technologies such as 5G, 6G, satellite communications, sensing, and high-precision navigation into the low-altitude aviation industry [19] Industry Leadership - EHang is the world's leading urban air mobility (UAM) technology platform company, providing UAV systems and solutions for air mobility, smart city management, and aerial media [10][11] - EHang's flagship product EH216-S has obtained the world's first type certificate, production certificate, and standard airworthiness certificate for pilotless eVTOL issued by the Civil Aviation Administration of China [11] - CCIT has constructed a comprehensive technical total solution and a systematic commercial service process for UAV big data services [14]

GUANGZHOU, China, Dec. 27, 2024 (GLOBE NEWSWIRE) -- EHang Holdings Limited (NASDAQ:EH) ("EHang" or the "Company"), the world's leading Urban Air Mobility ("UAM") technology platform company, today announced a comprehensive strategic partnership with China Communications Information & Technology Group Co., Ltd. ("CCIT") in the fields of the low-altitude economy and advanced air mobility ecosystem. CCIT is a specialized subsidiary of China Communications Construction Group ("CCCG"), which is a world's leading ...

GUANGZHOU, China, Dec. 27, 2024 (GLOBE NEWSWIRE) -- EHang Holdings Limited (Nasdaq: EH) (“EHang” or the “Company”), the world’s leading Urban Air Mobility (“UAM”) technology platform company, today announced that the Company, as a leader in the electric vertical takeoff and landing aircraft (“eVTOL”) sector, has signed a project cooperation agreement (the “Agreement”) with the Management Committee of the Torch High-Tech Industrial Development Zone of Weihai City (“Weihai High-Tech Zone”) in Shandong Provinc ...

Industry Development - The low-altitude economy is identified as a new powerful engine leading the high-quality development of China's economy, with a focus on enhancing aviation emergency rescue capabilities [4] - The Action Plan for the Development of Key Areas in Safety Emergency Equipment (2023-2025) aims to achieve an industrial scale of over RMB1 trillion in key areas of safety emergency equipment by 2025 in China [3] - Beijing Fangshan District has made notable strides in developing the low-altitude safety emergency industry, with goals to establish a manufacturing-oriented low-altitude safety emergency industrial park and achieve large-scale applications of new types of low-altitude equipment by 2027 [5] Company Strategy - EHang reached a strategic partnership agreement with Fangshan District Government to advance the low-altitude emergency rescue sector by establishing its national headquarters for low-altitude emergency rescue equipment in Fangshan District [1][9] - EHang plans to gradually establish regional emergency rescue centers across the country, starting from Fangshan District, to enhance the safeguarding of lives and property while advancing the low-altitude economy industry [6] - EHang showcased its comprehensive low-altitude firefighting emergency solutions, demonstrating its outstanding advantages of quick response, unmanned operation, and remote fleet management [21] Product and Technology - EHang's EH216-F, a pilotless electric vertical take-off and landing aircraft, offers precise directional firefighting competencies and has completed comprehensive technical tests by the China National Fire-Fighting Equipment Quality Supervision Testing Center [11] - EHang's flagship product EH216-S has obtained the world’s first type certificate, production certificate, and standard airworthiness certificate for pilotless eVTOL issued by the Civil Aviation Administration of China [6] - EHang and Fangshan District Government will collaborate to develop a range of low-altitude emergency mission scenarios, including urban firefighting, forest fire extinguishing, industrial emergency rescue, disaster relief, and inspection [13] Collaboration and Infrastructure - EHang and Fangshan District Government will collaborate to establish a comprehensive Emergency Firefighting Industrial Park in Fangshan District, integrating functions such as R&D, testing, manufacturing, sales, maintenance, and training [22] - The Fangshan District Government will actively coordinate industrial funds to support EHang's initiative and related projects [10] - A talent training center is planned to be established to cultivate operation and maintenance staff for diverse emergency and rescue missions with different aircraft [13] Industry Ecosystem - Fangshan District has formed an aviation emergency rescue industry ecosystem that integrates product research and development, manufacturing, technical services, and support services [15] - The district will continue to leverage its own resource endowment to provide comprehensive and full-chain service guarantees for low-altitude safety emergency enterprises [15] - EHang aims to create a high-quality demonstration for the national low-altitude emergency management system, leveraging Capital Beijing’s influence [6]

GUANGZHOU, China, Dec. 21, 2024 (GLOBE NEWSWIRE) -- EHang Holdings Limited (Nasdaq: EH) ("EHang" or the "Company"), the world’s leading Urban Air Mobility (“UAM”) technology platform company, today announced the signing of a strategic cooperation agreement with Chongqing Changan Automobile Co., Ltd., (“Changan Automobile”), a leading Chinese car manufacturer listed on the Shenzhen Stock Exchange (ticker symbol:000625), in the presence of the Chongqing Municipal Government and representatives from various in ...

海外公司报告 | 公司动态研究 | --- | --- | --- | |------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- ...

[Table_Page] 公司深度研究|工业 [Table_Title] 【 广 发 机 械 & 海 外 】 亿 航 智 能 （EH.O） 资质齐全铸就行业龙头，百花待放亿航已摘头筹 [Table_Summary] 核心观点： ⚫ 全球首家三证齐全的eVTOL企业，商业化进程领先。公司深耕无人航 空器领域，形成了以EH216系列、VT系列等为核心的产品矩阵，为空 中交通、空中媒体等应用场景提供解决方案。2023年10月/12月/次年4 月，EH216-S先后取得型号合格证TC/标准适航证AC/生产许可证PC， 成为全球首款取得适航三证的无人驾驶eVTOL航空器。受下游客户需 求激增的影响，公司营收回归增长序列，净利润亏损不断收窄。 ⚫ 低空经济强势起飞，eVTOL 将成为低空经济主要飞行器。自 2024 年 3 月起，低空经济陆续被写入中央及各省市政府工作报告，由此正式进 入发展元年。eVTOL 覆盖 1000 米以下空域的绝大部分应用场景，能 够满足载人通航、消防、物流等领域的需求。据我们测算，国内 eVTOL 行业将在 2030 年达到中期稳态，预期市场规模为 3795 亿元。 ⚫ 资质在手先发优势显著， ...

证券研究报告 | 季报点评 gszqdatemark 2024 11 24 年 月 日 亿航智能（EH.O） 盈利超预期，OC 有望年内取证 亿航 Q3 收入符合预期，盈利超预期。公司 Q3 收入 1.28 亿人民币，同比/环比增长 348%/26%，基本符合公司此前指引的 1.23 亿左右。核心产品 EH216-S 实现 63 架交付， 环比增加 14 架，创历史纪录，其中包括交付给西山文旅的 40 架、给深圳博领的 5 架、给浙 江文成的 3 架等。Q3 毛利率实现 61.2%，环比小幅下降 1.2pct。受益于规模经济下公司费 用率明显收窄，公司营业亏损率也进一步收窄到 43%。Q3 公司归母净亏损录得 4806 万； non-GAAP 归母净利润录得 1574 万人民币，大幅超出预期。展望未来，公司预计 Q4 收入约 为 1.35 亿人民币，同比增长 138.5%，增长仍然较为强劲。资本开支方面，公司维持此前对 于 2024 年和 2025 年 capex 的指引，分别为 1500 /2000 万美元，其中包括新总部建设、工 厂扩张、研发实验室建设等。 联合优秀供应商，积极探索零部件升级。1）电池方面 ...

亿航智能（EH.O） 优于大市 单三季度收入同比增长 348%，在手订单充裕 2024Q3 亿航智能实现营业收入 1.28 亿元，同比增长 348%。2024 年前三季 度，亿航智能总收入为 2.9 亿元，同比增长 379.9%；净利润为-1.83 亿元， 去年同期为-2.3 亿元。2024Q3，公司总收入为 1.28 亿元，同比增长 347.8%， 环比增长 25.6%；净利润为-4805.6 万元，去年同期为-6711.6 万元，今年单 二季度为-7163.4 万元；非美国通用会计准则下调整后净利润（即加回股权 激励费用后的净利润）为 1,570 万元（2023Q3 为净亏损 3,130 万元，2024Q2 为净利润 120 万元），连续第二个季度实现非美国通用会计准则下调整后净 利润转正。公司营收增长主要由于 EH216 列航空器交付量增加所致，2024 年 前三季度，公司 EH216 系列航空器共交付 138 架，同比增长 375.9%，2024Q3， 公司 EH216 系列航空器共交付 63 架，同比增长 384.6%，环比增长 28.6%。 2024Q3，公司费用率下降明显，净利率同环比双升。20 ...