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  "documentTitle": "EHang Holdings, Ltd. (EH)",
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  "presentationDate": "2021-02-16 00:00:00",
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      "text": "This implies a price of RMB1.5 million per unit, 1/100th of the price from the February contract.",
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      "text": "unit price: 100x",
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      "text": "In February 2019 Kunxiang agreed to pay RMB450 million for 3 EH216s (i.e., RMB150 million per unit), almost 100x the price it usually pays.",
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      "text": "Just 4 months later Kunxiang signed another contract to purchase 20 EH216s for a total price of RMB 30 million. This implies a price of RMB1.5 million per unit, 1/100th of the price from the February contract.",
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      "text": "Out of all the glaring discrepancies we found between EH's claims and reality the massive discrepancies in price between EH's two sales contracts with Kunxiang may be the most outrageous:",
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