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On November 8th, Yihang Intelligent responded to the Hindenburg Short Report by firmly denying allegations that the company misled investors in terms of orders and sales. Yihang Intelligent responded by issuing an article on the Hindenburg Short Report, stating that the report contained false statements and misunderstandings about the company's business operations and financial situation, highlighting the shallow and incomplete understanding of the company's industry and business operations by short sellers. The company firmly denies the allegations in the short selling report that it misled investors in terms of orders and sales, and will take appropriate actions to protect the interests of the company and its shareholders. Yihang Intelligent stated that the cumulative orders and pre orders received by the company in the past reflect customers' strong interest and real demand for eVTOL products. These orders are based on signed contracts and are planned to be delivered according to customer requirements after obtaining regulatory approval.
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