New stock news | EHang Holdings Ltd. Sponsored ADR Class A (EH.US) considering a second listing.

The electric vertical take-off and landing (eVTOL) aircraft manufacturer EHang Holdings Ltd. Sponsored ADR Class A (EH.US), listed on the Nasdaq, is considering a second listing. Chief Financial Officer Conor Yang said in a media interview on Monday, "We are actively exploring different alternative options for listing outside of the United States." In March of this year, EHang's related operating airline officially received the first batch of national manned civil unmanned aerial vehicle operation qualifications issued by the Civil Aviation Administration of China. This means that EHang Holdings Ltd. Sponsored ADR Class A's low-altitude manned services and future urban air transportation have officially entered the commercialization process. According to the company's fourth quarter 2024 financial report, quarterly and annual revenues reached a record high, increasing by 190.2% and 288.5% respectively year-on-year. The company delivered 216 eVTOLs during the year, and 78 EH216 series eVTOLs in the quarter, setting a record for the highest number of deliveries in a single quarter. In addition, the company has achieved non-GAAP profitability for three consecutive quarters and for the first time in the full year, as well as positive operating cash flow for five consecutive quarters and for the first time in the full year.