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- Expanded well-rounded product portfolio to capture more market opportunities
GUANGZHOU, China, April 16, 2021 (GLOBE NEWSWIRE) EHang Holdings Limited ( EHang or the Company ) (NASDAQ:EH), the world s leading autonomous aerial vehicle ( AAV ) technology platform company, today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2020.
Fourth Quarter 2020 Financial and Operational Highlights
Total revenues were RMB54.6 million (US$8.4 million), on par with RMB54.7 million in the fourth quarter of 2019. Revenues from air mobility solutions were RMB33.4 million (US$5.1 million), reflecting a 10.1% decrease year over year mainly due to the resurgence of the COVID-19 pandemic in China in the fourth quarter and its impact on tourism industry customers.
EHang Reports Fourth Quarter and Full Year 2020 Unaudited Financial Results
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EHang Launches Aerial Tourism Services with Strategic Partner Greenland Hong Kong
December 28, 2020 10:32 ET | Source: EHang Holdings Limited EHang Holdings Limited Guangzhou, CHINA
GUANGZHOU, China, Dec. 28, 2020 (GLOBE NEWSWIRE) EHang Holdings Limited (Nasdaq: EH) (“EHang” or the “Company”), the world s leading autonomous aerial vehicle (“AAV”) technology platform company, announced the launch of its own autonomous urban air mobility (“UAM”) services with its strategic partner Greenland Hong Kong Holdings Limited (SEHK: 00337) (“Greenland Hong Kong”), an HKEX-listed real estate company. The trial services include an aerial sightseeing program and aerial media shows, which will be rolled out in the partner s tourism real estate project (Forest Lake) located in Zhaoqing, a popular tour destination city in Guangdong, China. The Company intends to work jointly with Greenland Hong Kong over time to offer aeri