Zhitong Financial APP learned that recently, MSCI (Mingsheng) announced the results of the semi-annual adjustment of the latest index of constituent stocks, which will take effect after the stock market closes on May 27th. Among them, Yihang Intelligent American Stock Depositary receipts (EH.US) will be included in MSCI China small cap index (MSCI China Small Cap Index), and MSCI China full circulation small cap index (MSCI China All Shares Small Cap Index).
The MSCI China small cap index, compiled by MSCI, aims to measure the performance of the small cap sector in the Chinese market and covers companies with good business performance and development potential. The index is widely adopted and referenced by investment professionals around the world.
In April this year, Yihang revealed at a conference call that the company will next focus on the core business of air traffic, focusing on the research and development of manned and logistics products, with the established strategic positioning of urban air traffic platform operators, begin to gradually realize the upgrade from "manufacturer to operator", and speed up the improvement of pilot, scene and compliance of urban air traffic operation. At the same time, the air media, smart city management and other businesses that are not related to manned and logistics services are spun off and gradually outsourced to Ehang's partners.