0000000000-19-013833.txt : 20200110 0000000000-19-013833.hdr.sgml : 20200110 20190923114801 ACCESSION NUMBER: 0000000000-19-013833 CONFORMED SUBMISSION TYPE: UPLOAD PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20190923 FILED FOR: COMPANY DATA: COMPANY CONFORMED NAME: EHang Holdings Ltd CENTRAL INDEX KEY: 0001759783 STANDARD INDUSTRIAL CLASSIFICATION: AIR TRANSPORTATION, SCHEDULED [4512] IRS NUMBER: 000000000 STATE OF INCORPORATION: E9 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: UPLOAD BUSINESS ADDRESS: STREET 1: BUILDING #C, YIXIANG TECHNOLOGY PARK STREET 2: NO.72, NANXIANG 2ND ROAD CITY: GUANGZHOU STATE: F4 ZIP: 510700 BUSINESS PHONE: 8602029028899 MAIL ADDRESS: STREET 1: BUILDING #C, YIXIANG TECHNOLOGY PARK STREET 2: NO.72, NANXIANG 2ND ROAD CITY: GUANGZHOU STATE: F4 ZIP: 510700 LETTER 1 filename1.pdf begin 644 filename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In some of our comments, we may ask you to provide us with information so we may better understand your disclosure. Please respond to this letter by providing the requested information and either submitting an amended draft registration statement or publicly filing your registration statement on EDGAR. If you do not believe our comments apply to your facts and circumstances or do not believe an amendment is appropriate, please tell us why in your response. After reviewing the information you provide in response to these comments and your amended draft registration statement or filed registration statement, we may have additional comments. Unless we note otherwise, our references to prior comments are to comments in our July 5, 2019 letter. Draft Registration Statement on Form F-1 filed September 10, 2019 Contracts with Our Customers and Partners, page 120 1. We note your response to comment 1 and reissue in part. Please disclose, as you state in your response, that you are unable to estimate the average length of time to obtain regulatory approvals, as well as the reason for such inability, and the statement that you are unaware of any operator obtaining the required approvals for commercial operations of passenger-grade AAVs in China or the US. Please similarly revise page 1 to Huazhi Hu EHang Holdings Ltd September 23, 2019 Page 2 provide context to the statement that you have "delivered a unit of [y]our dual-seat EHang 216 to a customer .... [and] believe this was the world's first delivery of a passenger-grade AAV." Principal and Selling Shareholders, page 155 2. We reissue comment 7 from our June 27, 2019 letter. Please state whether the major shareholders have different voting rights, or an appropriate negative statement. See Item 4(a) of Form F-1 and Item 7(a)(1)(c) of Form 20-F. Exhibit Index, page II-4 3. Please mark the exhibit index to indicate that portions of your exhibits have been omitted. See Item 601(b)(10)(iv) of Regulation S-K. Please also refile each redacted exhibit to include on the first page the legend required by Item 601(b)(10)(iv). You may contact Melissa Gilmore at 202-551-3777 or Doug Jones at 202-551-3309 if you have questions regarding comments on the financial statements and related matters. Please contact Michael Killoy at 202-551-7576 or James Lopez at 202-551-3536 with any other questions. Sincerely, FirstName LastNameHuazhi Hu Division of Corporation Finance Comapany NameEHang Holdings Ltd Office of Transportation and Leisure September 23, 2019 Page 2 cc: Will Cai FirstName LastName