Chen Yu's questions to EHang Holdings Ltd (EH) leadership • Q1 2025
Question
Chen Yu from Guangdong Securities requested an update on the production capacity and timeline for the Yunfu and Hefei facilities and asked if the company is maintaining its SG&A expense growth guidance.
Answer
COO Wang Zhao detailed that the Yunfu facility expansion will increase annual capacity to 1,000 units by year-end, while the new Hefei base is a 1-2 year project. CFO Connor Yang confirmed that despite cost control achievements in Q1, the company is maintaining its full-year guidance for 40% growth in operating expenses, alongside the RMB900 million revenue target.