Xuxia Tang's questions to EHang Holdings Ltd (EH) leadership • Q4 2024
Question
Xuxia Tang from Guosen Securities noted the significant quarter-over-quarter growth in management and R&D expenses in Q4 and asked about the expected trend for these expenses in 2025.
Answer
CFO Conor Yang acknowledged that expenses grew due to team expansion but highlighted that expenses as a percentage of revenue have decreased. For 2025, he expects continued growth in sales and R&D expenses, with moderate growth in management costs. He emphasized that revenue growth, projected at 97%, is expected to significantly outpace operating expense growth, projected at 40%.