EHang launches $30M share buyback to boost shareholder value and confidence in growth.

EHang Holdings Limited announced a $30 million share repurchase program to buy back its American Depositary Shares or ordinary shares over the next 12 months. This move reflects the company's confidence in its long-term growth and commitment to delivering shareholder value. The repurchases will be funded mainly from existing cash and executed based on market conditions and company discretion. EHang continues to focus on advancing its leadership in autonomous electric vertical take-off and landing (eVTOL) aircraft for various uses, aiming for sustainable growth and profitability.