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     146  0 Kommentare Deutsche Bank Appointed as Depositary Bank for the Sponsored American Depositary Receipt Program of Li Auto Inc.

    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.*

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    “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

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    Business Wire (engl.)
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    Deutsche Bank Appointed as Depositary Bank for the Sponsored American Depositary Receipt Program of Li Auto Inc. 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 …

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