EHang Forms Strategic Cooperation with the Management Committee of Guangzhou Airport Economic Zone, Guangzhou Development District Administrative Committee, and GAC Group to Scale Up New Quality Productivity and Promote High-Quality Development for Guangz - Seite 3

About Guangzhou Development District Administrative Committee

The Guangzhou Economic and Technological Development District is one of the first national-level economic and technological development districts in China. It is located in the eastern part of Guangzhou, with convenient transportation, a good ecological environment, well-established infrastructure, and a superior investment environment. In 2023, the Guangzhou Economic and Technological Development District ranked 2nd in the comprehensive development level assessment of national-level economic and technological development districts, maintaining its position for six consecutive years.

About GAC Group

Guangzhou Automobile Group Co., Ltd. (“GAC Group”, 601238.SH or 02238.HK) is headquartered in Tianhe district, Guangzhou. It is a large-scale state-owned automobile enterprise listed in both mainland China and Hong Kong. In 2023, it ranked 165th in the Fortune Global 500 and 49th in the Top 500 Chinese Enterprises. Its main business covers seven major segments: research and development, vehicles, components, trade and travel, energy and ecology, internationalization, investment and finance, adhering to the simultaneous promotion of independent innovation and joint venture cooperation.

About EHang

EHang (Nasdaq: EH) is the world’s leading urban air mobility (“UAM”) technology platform company. Our mission is to enable safe, autonomous, and eco-friendly air mobility accessible to everyone. EHang provides customers in various industries with unmanned aerial vehicle (“UAV”) systems and solutions: air mobility (including passenger transportation and logistics), smart city management, and aerial media solutions. EHang has obtained the world’s first type certificate and standard airworthiness certificate for unmanned eVTOL from the Civil Aviation Administration of China in 2023. As the forerunner of cutting-edge UAV technologies and commercial solutions in the global UAM industry, EHang continues to explore the boundaries of the sky to make flying technologies benefit our life in smart cities. For more information, please visit www.ehang.com.

Safe Harbor Statement

This press release contains statements that may constitute “forward-looking” statements pursuant to the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “likely to” and similar statements. Statements that are not historical facts, including statements about management’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to those relating to certifications, our expectations regarding demand for, and market acceptance of, our products and solutions and the commercialization of UAM services, our relationships with strategic partners, and current litigation and potential litigation involving us. Management has based these forward-looking statements on its current expectations, assumptions, estimates and projections. While they believe these expectations, assumptions, estimates and projections are reasonable, such forward-looking statements are only predictions and involve known and unknown risks and uncertainties, many of which are beyond management’s control. These statements involve risks and uncertainties that may cause EHang’s actual results, performance or achievements to differ materially from any future results, performance or achievements expressed or implied by these forward-looking statements.