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 Head of Depositary New Business incorporated) Receipts Development Custodian Bank Deutsche Bank AG, Hong Daniel Clark William Ng Kong Branch 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 email@example.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
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(C) August 2020 Deutsche Bank AG. All rights reserved.
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SOURCE: Deutsche Bank
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