STOCK TITAN

Deutsche Bank Appointed as Depositary Bank for the Global Depositary Receipt Program of Lepu Medical Technology (Beijing) Co., Ltd.

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

Deutsche Bank announced its appointment as the depositary bank for the Global Depositary Receipt (GDR) program of Lepu Medical Technology (Beijing) Co., Ltd., listed under the symbol LEPU on the SIX Swiss Exchange. The GDRs are set to enhance cross-border equity structures and facilitate investment in Lepu, a company specializing in cardiovascular disease management. The effective date of this program is September 21, 2022, and it leverages Deutsche Bank’s extensive expertise in managing diverse financial services.

Positive
  • Appointment as depositary bank for Lepu Medical's GDR program enhances Deutsche Bank's portfolio.
  • Strengthening cross-border equity structures helps Deutsche Bank attract more investment opportunities.
Negative
  • None.

NEW YORK--(BUSINESS WIRE)-- Deutsche Bank announced today its appointment as depositary bank for the Global Depositary Receipt (“GDR”) program of Lepu Medical Technology (Beijing) Co., Ltd. The GDRs are listed on the SIX Swiss Exchange under the symbol “LEPU”.

Lepu Medical Technology (Beijing) Co., Ltd. (“Lepu”) is a provider of medical devices, pharmaceuticals, and medical care solutions across the life cycle of cardiovascular disease management. Lepu is headquartered in Beijing, P.R. China and its A shares are listed and traded on the Shenzhen Stock Exchange under the stock code 300003.SZ.*

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 Lepu Medical Technology (Beijing) Co., Ltd. (September 2022).

Depositary Receipt Information

Country

Incorporated under the laws of People’s Republic of China

Custodian Bank

Industrial and Commercial Bank of China Limited

Effective Date

September 21, 2022

 

 

GDR

 

CUSIP

Regulation S GDR: 52678P205

Rule 144A GDR: 52678P106

ISIN

Regulation S GDR: US52678P2056

Rule 144A GDR:

US52678P1066

Symbol

LEPU

Exchange

SIX Swiss Exchange

Current Ratio

1 GDR: 5 A shares

Eligibility

Euroclear;

Clearstream;

DTC

Depositary Receipt Contacts

Head of Depositary Receipts

New Business
Development

Daniel Clark

William Ng

Tel: +1 212 250 3547

Tel: +852 2203 7889

 

 

www.adr.db.com

Markets Distribution

adr@db.com

London

 

Tel: +44 (0) 20 7547 6500

gtb.db.com

New York

 

Tel: +1 212 250 9100

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© September 2022 Deutsche Bank AG. All rights reserved.

Deutsche Bank AG

Press & Media Relations

Jon Laycock

Tel. +12122509504

Cell. +447919103884

Email jon.laycock@db.com

Source: Deutsche Bank

FAQ

What is the significance of Deutsche Bank's role as depositary bank for Lepu Medical's GDR program?

Deutsche Bank's role as depositary bank enhances its financial services capabilities and allows for broader investment opportunities in Lepu Medical.

When did Deutsche Bank announce its appointment for the GDR program of Lepu Medical?

Deutsche Bank announced its appointment on September 21, 2022.

Where are the GDRs for Lepu Medical Technology listed?

The GDRs for Lepu Medical Technology are listed on the SIX Swiss Exchange.

What is the stock symbol for Lepu Medical Technology on the SIX Swiss Exchange?

The stock symbol for Lepu Medical Technology on the SIX Swiss Exchange is LEPU.

What services does Deutsche Bank provide in relation to GDRs?

Deutsche Bank provides services for managing cross-border equity structures, including Global Depositary Receipts.

Deutsche Bank Aktiengesellschaft

NYSE:DB

DB Rankings

DB Latest News

DB Stock Data

34.34B
2.01B
7.94%
48.07%
0.77%
Banks - Regional
Financial Services
Link
United States of America
Frankfurt am Main