EHang showcased 16 pilotless eVTOLs and 22,580 drones at the 2026 China Media Group Spring Festival Gala, setting a world record.
Quiver AI Summary
EHang Holdings Limited showcased its advanced air mobility technology at the 2026 China Media Group Spring Festival Gala by performing a dual-feature aerial display in Hefei, China. The event featured a formation of 16 EH216-S pilotless eVTOL aircraft and a record-breaking drone light show with 22,580 GHOSTDRONE 4.0 drones, setting a Guinness World Record for the most drones airborne simultaneously from a single computer. The performance highlighted EHang's technological innovation and leadership in flight safety and orchestration, offering a visually stunning celebration of the Lunar New Year. EHang's Chief Operating Officer emphasized the event's significance for public awareness of the low-altitude economy and the company's ongoing efforts to advance practical applications for its pilotless aircraft in various fields, including transportation and emergency services. Hefei Luogang Park serves as a key site for testing and demonstrating low-altitude technology, reinforcing EHang's commitment to evolving air mobility solutions.
Potential Positives
- EHang achieved a Guinness World Record for the most multirotor/drones airborne simultaneously from a single computer with 22,580 GD4.0 drones during the CMG Spring Festival Gala, significantly enhancing brand visibility.
- The company showcased its technological leadership and capabilities with a synchronized flight of 16 EH216-S pilotless aircraft, marking the largest simultaneous public flight of such aircraft to date.
- The performance at a high-profile event like the CMG Spring Festival Gala illustrates EHang's potential for large-scale commercial operations in the low-altitude economy, expanding market interest in its eVTOL technology.
- Regular trial operations of the EH216-S at Hefei Luogang Park highlight EHang's commitment to developing the infrastructure necessary for future Urban Air Mobility applications in China.
Potential Negatives
- None
FAQ
What was showcased at the 2026 CMG Spring Festival Gala?
EHang presented a dual-feature aerial performance featuring 16 EH216-S aircraft and a record-breaking drone light show with 22,580 GD4.0 drones.
What world record did EHang set during the Gala?
EHang's drone light show achieved a Guinness World Record for "the most multirotor/drones airborne simultaneously from a single computer."
Where did the aerial performance take place?
The performance was held at the Hefei sub-venue of the 2026 China Media Group Spring Festival Gala in Hefei Luogang Park.
What is unique about the EH216-S aircraft?
The EH216-S is the world's first pilotless human-carrying eVTOL aircraft to receive multiple aviation certificates from China's Civil Aviation Administration.
What role does EHang Egret play in this event?
EHang Egret, a subsidiary of EHang, focuses on aerial media technology and produced the stunning drone light show featured in the Gala.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$EH Hedge Fund Activity
We have seen 38 institutional investors add shares of $EH stock to their portfolio, and 49 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- SUSQUEHANNA INTERNATIONAL GROUP, LLP added 1,773,477 shares (+inf%) to their portfolio in Q3 2025, for an estimated $32,933,467
- FIL LTD added 1,362,836 shares (+inf%) to their portfolio in Q3 2025, for an estimated $25,307,864
- BAILLIE GIFFORD & CO added 774,166 shares (+inf%) to their portfolio in Q4 2025, for an estimated $10,203,507
- MORGAN STANLEY added 689,436 shares (+226.7%) to their portfolio in Q4 2025, for an estimated $9,086,766
- TIGER PACIFIC CAPITAL LP added 481,841 shares (+inf%) to their portfolio in Q3 2025, for an estimated $8,947,787
- JANE STREET GROUP, LLC removed 358,801 shares (-93.9%) from their portfolio in Q4 2025, for an estimated $4,728,997
- CARRHAE CAPITAL LLP removed 271,700 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $5,045,469
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$EH Price Targets
Multiple analysts have issued price targets for $EH recently. We have seen 2 analysts offer price targets for $EH in the last 6 months, with a median target of $19.5.
Here are some recent targets:
- Beatrice Lam from JP Morgan set a target price of $13.0 on 11/25/2025
Full Release
GUANGZHOU, China, Feb. 17, 2026 (GLOBE NEWSWIRE) -- EHang Holdings Limited (Nasdaq: EH) (“EHang” or the “Company”), a global leader in Advanced Air Mobility (AAM) technology, announced a dual-feature aerial performance at the Hefei sub-venue of the 2026 China Media Group (CMG) Spring Festival Gala. The performance featured a formation of 16 EH216-S pilotless human-carrying eVTOL aircraft alongside a record-breaking drone light show involving 22,580 next-generation GHOSTDRONE 4.0 (“GD4.0”) unmanned aerial vehicles (“UAVs”), the performance delivered a futuristic visual spectacle supported by industry-leading flight safety and fleet orchestration technologies, offering sincere Lunar New Year wishes to a global audience.
Image: 16 EH216-S aircraft from EHang illuminate the CMG Spring Festival Gala stage
Source: Live screen capture from the CMG 2026 Spring Festival Gala
Image: 22,580 GD4.0 drones from EHang Egret at the CMG Spring Festival Gala.
Source: Live screen capture from the CMG 2026 Spring Festival Gala
Among the highlights, the 22,580 GD4.0 formation drones at the CMG 2026 Spring Festival Gala set a new world record, earning the Guinness World Records™ title for "the most multirotor/drones airborne simultaneously from a single computer."
During the segment of“He Yun Man Jiang Huai”at the Hefei branch venue of the Spring Festival Gala, 16 EH216-Saircraft took off simultaneously and formed a perfect circular formation above the "Eye of Anhui", the main stage in Hefei Luogang Park. Equipped with customized stage lighting modules, the aircraft illuminated the stage through safe, stable, and precisely coordinated flight,seamlessly blending the technological allure of pilotless "air taxis" with the festive atmosphere of family reunion.
The synchronized flight of 16 aircraft at the Spring Festival Gala showcases EHang's industry leadership and professionalism in cutting-edge technological innovation sectors, including cluster Command-and-Control System, precise algorithmic control, multi-scenario adaptive flight, and professional service support.
As the world's first pilotless human-carrying eVTOL aircraft to obtain Type Certificate (TC), Production Certificate (PC), and Standard Airworthiness Certificate (AC) from the Civil Aviation Administration of China (CAAC), and currently conducting trial operations at Luogang Park, the coordinated flight of 16 EH216-S aircraft also marked the largest simultaneous public flight of pilotless human-carrying eVTOL aircraft to date. It offered a direct showcase of China's technological prowess in new-era civil aviation and vividly illustrated the exciting potential of the low-altitude economy within the celebratory New Year setting.
Image: 16 EH216-S completed formation flight at the Hefei Venue of the CMG Spring Festival Gala
In another segment at the Hefei branch venue of the Spring Festival Gala, a drone light show of 22,580 GD4.0 formation drones from EHang's subsidiary, EHang Egret, took to the skies above the main stage. Forming intricate 3D animations of the sky city and the iconic horse-head walls of Hui-style architecture. Through synchronized light choreography integrated with the stage design, the drones created an immersive "aerial theater" fusing technology and culture. This performance amplified the joyous, auspicious, and harmonious spirit of the festival, immersing global viewers in a powerful visual experience. Prior to the official Guinness World Record™ attempt and the Gala, EHang Egret had successfully conducted multiple performances in Hefei Luogang Park involving over 20,000 drones simultaneously, fully demonstrating the GD4.0's robust performance in complex environments, dynamic performance capabilities, and technological strengths in high-precision positioning and intelligent coordination.
Image: 22,580 GD4.0 drones from EHang Egret form and the iconic horse-head walls of Hui-style architecture pattern at the CMG Spring Festival Gala.
Source: Live screen capture from the CMG 2026 Spring Festival Gala
The performance venue, Hefei Luogang Park, is a multifunctional, multi-dimensional space that has become one of China's most representative testing grounds and demonstration sites for low-altitude economy development. It currently hosts two Urban Air Mobility (UAM) centers capable of eVTOL flight services. Since March 2025, following the grant of one of China's first Air Operator Certificates (OC) for pilotless human-carrying eVTOL aircraft by the CAAC to EHang's local operator, Hefei HeYi Aviation, regular trial operations of the EH216-S have been conducted there. With its comprehensive infrastructure, Luogang Park is also well suited for EHang Egret to conduct routine drone light shows, gradually fostering a citywide ecosystem integrating low-altitude technology and culture.
Image: 22,580 GD4.0 drones from EHang Egret set a new world record
Mr. Wang Zhao, Chief Operating Officer of EHang, stated, "The appearance of 16 EH216-S and 22,580 GD4.0 drones in multi-aircraft formations at the CMG Spring Festival Gala showcases not only EHang's formidable technological strength and creative commercial capabilities but also comprehensively demonstrates the adaptability and maturity of our superior command-and-control technology across diverse scenarios. This lays a solid technical foundation for the large-scale commercial operation of pilotless aircraft in low-altitude economy applications. The Guinness World Record™ achieved by EHang Egret and the Gala performance further elevate and solidify the EHang brand's influence, providing a significant platform for public awareness and understanding of the low-altitude economy. Driven by our long-term commitment to continuous innovation and technological iteration, EHang's pilotless aircraft are designed not only for major events displays but for practical applications in passenger transportation, logistics, firefighting and emergency response, smart city management, and aerial media services. Through core technology R&D and the implementation of commercial services, we aim to bring scalable Chinese low-altitude solutions to global markets and enable these new technologies to serve a broader consumer base."
Watch the video of the new world record of 22,580 GD4.0 drones by EHang Egret: https://youtu.be/9B4ETNspxMc
Watch the video of 16 EH216-S and 22,580 GD4.0 Drones at the CMG Spring Festival Gala: https://youtu.be/9es9jzMR_6s
About EHang
EHang (Nasdaq: EH) is the world’s leading advanced air mobility (“AAM”) technology platform company, committed to making safe, autonomous, and eco-friendly air mobility accessible to everyone. The company develops and manufactures a diversified portfolio of pilotless electric vertical take-off and landing (“eVTOL”) aircraft for a wide range of use cases, including aerial tourism, intra-city transport, intercity travel, logistics and emergency firefighting. Its flagship model, EH216-S, has obtained the world’s first type certificate, production certificate and standard airworthiness certificate for pilotless eVTOL issued by the Civil Aviation Administration of China, and is now commercially operated under the country’s first Air Operator Certificates for human-carrying eVTOL services. Complementing this, EHang’s VT35 expands its reach into long-range and intercity scenarios, supporting the development of a multi-tiered low-altitude mobility network. By integrating advanced autonomous technologies with scalable operational infrastructure, EHang is redefining how people and goods move—across cities, regions, and natural barriers—shaping the future of air mobility. For more information, please visit www.ehang.com .
About EHang Egret
Founded in July 2016, EHang Egret is a subsidiary of EHang that focuses on aerial media drone technology. Using centimeter-level positioning technology, EHang Egret turns the night sky into a beautiful canvas—bringing technology and art together. EHang Egret is building the world’s leading global aerial media platform for sky-scaping, delivering stunning drone light shows for brand events, large celebrations, and sky theaters. EHang Egret continues to light up famous landmarks and tourist destinations around the world with unforgettable nighttime displays.
Safe Harbor Statement
This press release contains statements that may constitute “forward-looking” statements pursuant to the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “likely to” and similar statements. Statements that are not historical facts, including statements about management’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to those relating to certifications, our expectations regarding demand for, and market acceptance of, our products and solutions and the commercialization of UAM services, our relationships with strategic partners, and current litigation and potential litigation involving us. Management has based these forward-looking statements on its current expectations, assumptions, estimates and projections. While they believe these expectations, assumptions, estimates and projections are reasonable, such forward-looking statements are only predictions and involve known and unknown risks and uncertainties, many of which are beyond management’s control. These statements involve risks and uncertainties that may cause EHang’s actual results, performance or achievements to differ materially from any future results, performance or achievements expressed or implied by these forward-looking statements.
Media Contact: [email protected]
Investor Contact: [email protected]
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