Deutsche Bank Appointed as Depositary Bank for the Sponsored American Depositary Receipt Program of Full Truck Alliance Co. Ltd.

Rhea-AI Summary

Deutsche Bank has been appointed as the depositary bank for the NYSE-listed American Depositary Receipt (ADR) program of Full Truck Alliance Co. Ltd. (NYSE: YMM), a digital freight platform connecting shippers and truckers. The effective date of this appointment is June 21, 2021. Daniel Clark, Deutsche Bank's Global Head of Depositary Receipts, emphasized the significance of this addition to their client portfolio in the Asia-Pacific region, highlighting their commitment to client service and investor relations.

Positive

• Appointment of Deutsche Bank as depositary bank for Full Truck Alliance's ADR program is a strategic expansion.
• Strengthens Deutsche Bank's portfolio in the Asia-Pacific region.

Negative

• None.

Deutsche Bank announced today its appointment as depositary bank for the NYSE-listed American Depositary Receipt program of Full Truck Alliance Co. Ltd.

Full Truck Alliance Co. Ltd. (NYSE: YMM) is a digital freight platform which connects shippers with truckers to facilitate shipments across distance ranges, cargo weights and types. Full Truck Alliance’s platform includes freight listing services directly connecting shippers to truckers and freight brokerage services with Full Truck Alliance acting as a broker between shippers and truckers.*

“We are very pleased to be appointed as depositary bank for Full Truck Alliance’s NYSE-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 Full Truck Alliance Co. Ltd. (June 2021).

Depositary Receipt Information
Country			China (Cayman Islands incorporated)
Custodian Bank			Deutsche Bank AG, Hong Kong Branch
Effective Date			June 21, 2021
Level III ADR
CUSIP			35969L 108
ISIN			US35969L1089
Symbol			YMM
Exchange			NYSE
Current Ratio			1 ADS: 20 Ordinary Shares
Eligibility			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
		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© June 2021 Deutsche Bank AG. All rights reserved.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210624005908/en/

FAQ

What is the significance of Deutsche Bank's appointment for Full Truck Alliance (YMM)?

Deutsche Bank's appointment enhances its client portfolio and signifies a strategic partnership for Full Truck Alliance's NYSE-listed ADR program.

When did Deutsche Bank become the depositary bank for Full Truck Alliance?

Deutsche Bank was appointed as depositary bank effective June 21, 2021.

How does the ADR program benefit Full Truck Alliance Co. Ltd. (YMM)?

The ADR program provides Full Truck Alliance access to U.S. investors and increases its visibility in the financial markets.