EHang(US:EH) Xin Lang Cai Jing·2025-12-26 00:35Core Viewpoint - The low-altitude economy and new civil aviation technology products present a significant development opportunity for Chinese companies, aiming to establish international standards and showcase China's capabilities globally [1]. Group 1: Company Overview - EHang Intelligent has focused on the research and manufacturing of diverse electric vertical takeoff and landing (eVTOL) aircraft, with its flagship product EH216-S receiving the world's first type certification and production license from the Civil Aviation Administration of China [3]. - The company has begun commercial trial operations of the EH216-S, marking 2025 as its inaugural year for commercial operations, with services currently available through a reservation system [3][4]. Group 2: International Expansion - Since its establishment in 2014, internationalization has been a key development direction for EHang Intelligent, having conducted flights in over 20 countries and aiming to share its Chinese model and standards for airworthiness and commercial operations with other nations [6]. - The company is exploring rapid entry into commercial operations in countries like Thailand and Saudi Arabia, emphasizing the need to respect local regulations and adapt to their policy directions [7]. Group 3: Industry Challenges and Opportunities - The low-altitude economy in China has seen rapid growth but faces challenges such as an incomplete regulatory framework, insufficient ground infrastructure, and a lack of qualified personnel in airworthiness and safety management [7]. - The Guangdong-Hong Kong-Macao Greater Bay Area is positioned as a leader in China's low-altitude economy, with strong industrial foundations and infrastructure development underway in cities like Guangzhou, Zhuhai, and Shenzhen [7].