EHang Holdings Limited (NASDAQ:EH) Q4 2023 Earnings Conference Call March 15, 2024 8:00 AM ET
Company Participants
Anne Ji - Senior Director of IR
Huazhi Hu - Founder, Chairman and CEO
Conor Yang - CFO and Director of the Board
Conference Call Participants
Ting Song - Goldman Sachs
Yu Chen - Haitong Securities
Laura Lee - Deutsche Bank U.S.
Operator
Good day, ladies and gentlemen, thank you for standing by, and welcome to the EHang Fourth Quarter and Fiscal Year of 2023 Earnings Conference Call. As a reminder, we are recording today's call.
Now, I will turn the conference over to Anne Ji, EHang's Senior Director of Investor Relations. Ms. Anne, please proceed.
Anne Ji
Hello, everyone. Thank you for joining us on today's conference call to discuss the company's financial results for the fourth quarter and the fiscal year of 2023.
The earnings release is available on the company's IR website. Please note that conference call is being recorded and audio replay will be posted on the company's IR website.
On the call today, we have Mr. Huazhi Hu, our Founder, Chairman and Chief Executive Officer; and Mr. Conor Yang, Chief Financial Officer and Director of the Board. The management team 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'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 involve 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 that all numbers presented are in RMB and are for the fourth quarter and the fiscal year of 2023, unless stated otherwise.
With that, let me now turn the call over to our CEO, Mr. Huazhi Hu. Please go ahead, Mr. Hu.
Huazhi Hu
[Foreign Language]
[Interpreted] This is the English translation of Mr. Hu's remarks.
Hello everyone, thank you for joining us on this conference call. In the fourth quarter of 2023, we have achieved remarkable results across various aspects. In October last year, our EH216-S pilotless passenger-carrying aircraft system, an innovative product independently developed by EHang, obtained the Type Certificate, TC, from the CAC. This milestone marks the world's first TC for a passenger-carrying eVTOL aircraft, signifying our qualification for commercial applications of a pilotless passenger-carrying eVTOL aircraft.