The company and its underwriters will confirm IPO dates and publish its prospectuses following discussions with the Shanghai Stock Exchange.
The collapse of the INF Treaty, which was signed by the Soviet Union and the United States in 1987, has triggered the fear that a new round of arms race is looming, many analysts say.
The company has recently completed maiden flights of its two-seater passenger-grade AAV, the EHang 216, in three locations (South Korea's Seoul, Daegu, and Jeju Island).
The companies are buying 21.8 million shares each in FII's listing at 13.77 yuan (.2) apiece, the firm said in a statement to the Shanghai Stock Exchange on Sunday.
The companies have 25 days to challenge the EU decision at a hearing.
The company has attracted 295 million active buyers and more than 1 million merchants in the twelve-month period ending March 31, which makes it China's third largest e-commerce platform by active users behind Taobao and JD.com, according to the prospectus and a report by ce.cn.
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The comments dovetail with a report released by consultancy McKinsey, which underlies the big potential of digital transformation in China. The report forecast that by 2025, new applications of the internet could account for up to 22 percent of the nation's labor-productivity growth.
The company announced it plans to further invest 10 million yuan (.4 million) in agricultural drones and on cultivating drone operators in 2019, open 1,000 brick-and-mortar retail stores, train over 20,000 professional drone operators and establish more than 600 training branches across the nation.
The company has developed a number of AR products including sports AR smart glasses, Techlens 2 AR smart glasses, AR individual combat helmets and gained around 100 million yuan funding from listed groups including Luxshare-ICT, BOE, and Gobi Venture Capital.
The company also unveiled the Digital Natives Action (DNA) program last year, a joint initiative with government authorities, universities, industry experts, and third-party organizations to help teenagers better navigate digital platforms.