EHang Holdings Limited shares are trading higher after the company announced that the Civil Aviation Administration of China approved the EHang Unmanned Aircraft Cloud System for UACS trial operations.
Portfolio Pulse from Benzinga Newsdesk
EHang Holdings Limited's shares are trading higher following the announcement that the Civil Aviation Administration of China approved the EHang Unmanned Aircraft Cloud System for UACS trial operations.
August 21, 2023 | 3:37 pm
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EHang's stock is trading higher after the company's Unmanned Aircraft Cloud System received approval for trial operations from the Civil Aviation Administration of China.
The approval from the Civil Aviation Administration of China for EHang's Unmanned Aircraft Cloud System for trial operations is a positive development for the company. This could potentially open up new opportunities and markets for EHang, which is likely to have a positive impact on its stock price in the short term.
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IMPORTANCE 80
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