EHang Holdings Limited via its investor relations platform has issued a statement which “strongly refuted recent unfounded rumours circulating in retail investor communities. These baseless allegations have no foundation in truth and have unfairly impacted the Company’s stock price.The rumour falsely claims that EHang is related to an investigation on Chris Hu by the U.S. government. EHang unequivocally denies this.”
The statement continues:
“The Company’s management team, including Huazhi Hu, EHang’s Founder, Chairman and CEO, has no relatives or any personal connections involved in the incident mentioned in the rumours, and any suggestion otherwise is completely fabricated. EHang categorically denies any involvement in activities that could harm its reputation or standing with regulatory bodies. EHang has always maintained the highest standards of transparency and compliance in all its operations to ensure that it meets legal and ethical obligations in both China and the U.S.”
For more information
https://ir.ehang.com/news-releases/news-release-details/ehang-strongly-refutes-false-allegations-clarifies
