EHang switches auditors from PwC to KPMG for 2026
Guangzhou, China - EHang Holdings Limited, a Chinese company specializing in electric vertical take-off and landing aircraft, has announced on Tuesday that it is ending its relationship with accounting firm PricewaterhouseCoopers and switching to KPMG as its independent registered public accounting firm, with effect from August 19, 2026.
KPMG will conduct the audit of the company's consolidated financial statements for the fiscal year concluding on December 31, 2026, and evaluate the efficiency of its internal control over financial reporting as of that date, as per a press release issued by the company. PwC's audits of EHang's financial statements for the fiscal years ending on December 31, 2024, and 2025 did not reveal any adverse findings or disclaimers of opinion, and the company's accounting principles, practices, financial statement disclosures, and auditing procedures remained in agreement with PwC for those periods.
This transition came after EHang informed PwC, on July 13, 2026, of its decision to terminate its services. The company disclosed a reportable event, namely a material weakness in internal controls within its operations, as outlined in Item 15 of its annual report on Form 20-F for the fiscal year ending on December 31, 2025, which was filed on May 15, 2026.
EHang designs and produces autonomous electric vertical take-off and landing aircraft. The EH216-S model in its lineup has received type, production, and standard airworthiness certificates from the Civil Aviation Administration of China.
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