Mandatorily redeemable non-controlling interests |
12 Months Ended | ||
|---|---|---|---|
Dec. 31, 2025 | |||
| Noncontrolling Interest [Abstract] | |||
| Mandatorily redeemable non-controlling interests |
On June 15, 2020, the Group established a subsidiary named EHang Yunfu (Note 1). On June 30, 2020, the Group entered into an agreement with a third-party investor who subscribed 30% of the equity interests of EHang Yunfu for cash consideration of RMB40,000. At the sole discretion of the investor, the Group is obligated to repurchase the 30% non-controlling interest or with the consent of the investor, guarantee a third-party to repurchase the 30% non-controlling interests at the investor’s investment cost at the end of the five-year investment term. The non-controlling interests do not participate in any dividend distributions of EHang Yunfu but earn an after-tax interest of 1.5% per year, payable on a quarterly basis. As EHang Yunfu’s non-controlling interests are mandatorily redeemable at the sole discretion of the investor, it is classified as liability and subsequently measured at the amount that would be paid if settlement occurred at the reporting date. In 2025, the Group repaid RMB40,000 (US$5,720) to the investor, who has been deregistered from equity interests holder of Ehang Yunfu.
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