EHang Holdings (EH) Q3 2022 Earnings Call Transcript

For the period ending September 30, 2022

December 2, 2022 8:00 a.m. ET

Prepared Remarks

Questions and Answers

Call Participants

Prepared Remarks:

Operator

Good day, ladies and gentlemen. Thank you for standing by. And welcome to the EHang Third Quarter 2022 Earnings Conference Call. As a reminder, we are recording today's call.

Now, I will turn the call over to [indiscernible], EHang Senior Director of Investor Relations. Ms. Chi, (ph) please proceed.

Unidentified Company Representative

Hello, everyone. Thank you for joining us on today’s conference call to discuss the company’s financial results for the third quarter of 2022. The earnings release is available on the company’s IR website. Please note, the conference call is being recorded and the audio replay will be posted on the company’s IR website.

Today, EHang’s management team, which include Mr. Hu Huazhi, Chief Executive Officer; and Mr. Xin Fang, Chief Operating Officer; and Mr. Richard Liu, Chief Financial Officer, will successfully give prepared remarks. Remarks delivered in Chinese will be followed by English translations. All translation is for convenience purpose only. In case of any discrepancy, the management team’s statement in the original language will prevail. A Q&A session will follow afterwards.

Before we continue, please note that today’s discussion will contain forward-looking statements made pursuant to the Safe Harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements involves inherent risks and uncertainties. As such, the company’s actual results may be materially different from the expectations expressed today.

Further information regarding these and other risks and uncertainties is included in the company’s public filings with the SEC. The company does not assume any obligation to update any forward-looking statements, except as required under applicable law. Also, please note, all numbers presented are in RMB and are for the third quarter of 2022, unless stated otherwise.

With that, now let me turn the call over to our CEO, Mr. Hu Huazhi. Please go ahead, Mr. Hu.

Hu Huazhi

[Foreign Language]

[Interpreted] This is the English translation of the CEO's remarks. Hello, everyone. Thank you for joining our earnings conference call today. Since EHang submitted the EH216-S Certification application to the CAAC, which is the Civil Aviation and Administration of China at the end of 2020. We have been continuously committed to the efforts to actively promote EHang 216 certification progress in the past two years.