EHang (EH)_ Production Certificate obtained; EH216 Series production ramp up ahead; Buy(1)

8April20241:48AMHKTEHang(EH):ProductionCertificateobtained;EH216Seriesproductionrampupahead;BuyEHangannouncedthatitsEH216-Shasreceivedproductioncertificate(PC)fromAllenChangCAAC(CivilAviationAdministrationofChina)onApr8th,2024(Link),whichcertificatesEHangtomassproduceEH216SeriesinYunfuproductionbase,showing+852-2978-2930itsmassproductionqualitymanagementsystemmeetsCAAC’srequirement.Withallen.k.chang@gs.comthePCcertification,weexpectaccelerationofEHang’sdelivery.WearealsopositiveGoldmanSachs(Asia)L.L.C.onEHang’sexpandingpartnershipwithclientsandlocalgovernmentoneVTOLcommercializationforAerialSightseeinginscenicareasandnewscenarios.MaintainVerenaJengBuy.Readmore:EHangUGtoBuy;EHangFoundervisit.+852-2978-1681verena.jeng@gs.comGoldmanSachs(Asia)L.L.C.TingSong+852-2978-6466ting.song@gs.comGoldmanSachs(Asia)L.L.C._GoldmanSachsdoesandseekstodobusinesswithcompaniescoveredinitsresearchreports.Asaresult,investorsshouldbeawarethatthefirmmayhaveaconflictofinterestthatcouldaffecttheobjectivityofthisreport.Investorsshouldconsiderthisreportasonlyasinglefactorinmakingtheirinvestmentdecision.ForRegACcertificationandotherimportantdisclosures,seetheDisclosureAppendix,orgotowww.gs.com/research/hedge.html.Analystsemployedbynon-USaffiliatesarenotregistered/qualifiedasresearchanalystswithFINRAintheU.S.GoldmanSachsEHang(EH)Exhibit...