Deutsche Bank Appointed as Depositary Bank for the Sponsored American Depositary Receipt Program of Li Auto Inc.
August 03 2020 - 2:14PM
Business Wire
Deutsche Bank announced today its appointment as depositary bank
for the NASDAQ-listed American Depositary Receipt program of Li
Auto Inc.
Li Auto Inc. (NASDAQ: LI) designs, develops, manufactures, and
sells premium smart electric SUVs, including extended-range
electric vehicles, or EREVs, in China. Its first model, Li ONE, is
a six-seat, premium electric SUV equipped with a range extension
system and smart vehicle solutions. Li Auto started the volume
production of Li ONE in November 2019 and delivered over 10,400 Li
ONEs as of June 30, 2020.*
“We are very pleased to be appointed as depositary bank for Li
Auto’s NASDAQ-listed Level III American Depositary Receipt
program,” said Daniel Clark, Global Head of Depositary Receipts at
Deutsche Bank. “This is a key addition to our portfolio of clients
and demonstrates the strength of our product offering in the
Asia-Pacific region. We look forward to providing dedicated client
service and investor relations support to help drive the program’s
future success.”
In addition to specializing in administering cross-border equity
structures such as New York Shares and American and Global
Depositary Receipts, Deutsche Bank provides corporates, financial
institutions, hedge funds and supranational agencies around the
world with trustee, agency, escrow and related services. Deutsche
Bank offers a very broad range of services for diverse products,
from complex securitizations and project finance to syndicated
loans, debt exchanges and restructurings.
* This information was provided by Li Auto Inc. (August
2020).
Depositary Receipt Information
Depositary Receipt Contacts
Country
China (Cayman Islands incorporated)
Head of Depositary Receipts
New Business Development
Custodian Bank
Deutsche Bank AG, Hong Kong Branch
Daniel Clark
William Ng
Effective Date
July 29, 2020
Tel: +44 (0) 20 7541 6888
Tel: +852 2203 7889
Level III ADR
CUSIP
50202M 102
www.adr.db.com
Markets Distribution
ISIN
US50202M1027
adr@db.com
London
Symbol
LI
Tel: +44 (0) 20 7547 6500
Exchange
NASDAQ
gtb.db.com
New York
Current Ratio
1 ADS: 2 Class A ordinary shares
Tel: +1 212 250 9100
Eligibility
DTC
Hong Kong
Tel: +852 2203 7854
Deutsche Bank provides commercial and investment banking, retail
banking, transaction banking and asset and wealth management
products and services to corporations, governments, institutional
investors, small and medium-sized businesses, and private
individuals. Deutsche Bank is Germany’s leading bank, with a strong
position in Europe and a significant presence in the Americas and
Asia Pacific.
The Depositary Receipts have been registered pursuant to the US
Securities Act of 1933 (the "Act"). The investment or investment
service which is the subject of this notice is not available to
retail clients as defined by the UK Financial Conduct Authority.
This notice has been approved and/or communicated by Deutsche Bank
AG New York. The services described in this notice are provided by
Deutsche Bank Trust Company Americas (Deutsche Bank) or by its
subsidiaries and/or affiliates in accordance with appropriate local
registration and regulation. Deutsche Bank is providing the
attached notice strictly for information purposes and makes no
claims or statement, nor does it warrant or in any way represent,
as to the accuracy or completeness of the details contained herein
or therein. This announcement appears as a matter of record only.
Neither this announcement nor the information contained herein
constitutes an offer or solicitation by Deutsche Bank or any other
issuer or entity for the purchase or sale of any securities nor
does it constitute a solicitation to any person in any jurisdiction
where solicitation would be unlawful. No part of this notice may be
copied or reproduced in any way without the prior written consent
of Deutsche Bank. Past results are not an indication of future
performance. Copyright© August 2020 Deutsche Bank AG. All rights
reserved.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20200803005690/en/
For further information: Deutsche Bank AG Press & Media
Relations
Maryanne Caruso Phone: +1 212 250-2186 E-Mail:
Maryanne.caruso@db.com
Deutsche Bank Aktiengese... (NYSE:DB)
Historical Stock Chart
From Mar 2024 to Apr 2024
Deutsche Bank Aktiengese... (NYSE:DB)
Historical Stock Chart
From Apr 2023 to Apr 2024