Deutsche Bank Appointed as Depositary Bank for the Sponsored American Depositary Receipt Program of WeRide Inc.
Deutsche Bank has been appointed as the depositary bank for WeRide Inc.'s (NASDAQ: WRD) American Depositary Receipt program. WeRide, headquartered in Guangzhou, China, is a provider of autonomous driving solutions from Level 2 to Level 4, serving mobility, logistics, and sanitation industries. The Level III ADR program trades on NASDAQ under the symbol WRD, with a ratio of 1 ADS representing 3 Class A Ordinary shares. The program became effective on October 28, 2024, with Deutsche Bank AG's Hong Kong Branch serving as the custodian bank.
Deutsche Bank è stata nominata banca depositaria per il programma di American Depositary Receipt di WeRide Inc. (NASDAQ: WRD). WeRide, con sede a Guangzhou, Cina, è un fornitore di soluzioni di guida autonoma dal Livello 2 al Livello 4, servendo i settori della mobilità, della logistica e della sanità. Il programma ADR di Livello III è quotato su NASDAQ con il simbolo WRD, con un rapporto di 1 ADS che rappresenta 3 azioni ordinarie di Classe A. Il programma è entrato in vigore il 28 ottobre 2024, con Deutsche Bank AG - Filiale di Hong Kong che funge da banca custode.
Deutsche Bank ha sido designada como banco depositario para el programa de American Depositary Receipt de WeRide Inc. (NASDAQ: WRD). WeRide, con sede en Guangzhou, China, es un proveedor de soluciones de conducción autónoma desde el Nivel 2 hasta el Nivel 4, que sirve a las industrias de movilidad, logística y sanidad. El programa ADR de Nivel III se negocia en NASDAQ bajo el símbolo WRD, con una relación de 1 ADS que representa 3 acciones ordinarias de Clase A. El programa entró en vigor el 28 de octubre de 2024, con Deutsche Bank AG - Sucursal de Hong Kong como banco custodio.
도이치 뱅크는 WeRide Inc.(NASDAQ: WRD)의 미국 예탁증서 프로그램에 대한 예탁 은행으로 임명되었습니다. 중국 광저우에 본사를 두고 있는 WeRide는 모빌리티, 물류 및 위생 산업에 서비스를 제공하는 자율 주행 솔루션을 Level 2에서 Level 4까지 제공합니다. Level III ADR 프로그램은 NASDAQ에서 심볼 WRD로 거래되며, 1 ADS는 3개의 A주식으로 구성됩니다. 이 프로그램은 2024년 10월 28일에 시행되었으며, 도이치 뱅크 AG 홍콩 지점이 관리 은행으로 작용합니다.
Deutsche Bank a été désignée comme banque dépositaire du programme d'American Depositary Receipt de WeRide Inc. (NASDAQ: WRD). WeRide, dont le siège est à Guangzhou, en Chine, est un fournisseur de solutions de conduite autonome allant du Niveau 2 au Niveau 4, desservant les secteurs de la mobilité, de la logistique et de l'assainissement. Le programme ADR Niveau III est négocié sur le NASDAQ sous le symbole WRD, avec un ratio de 1 ADS représentant 3 actions ordinaires de Classe A. Le programme est entré en vigueur le 28 octobre 2024, avec Deutsche Bank AG - Succursale de Hong Kong servant de banque dépositaire.
Die Deutsche Bank wurde als Depotbank für das American Depositary Receipt-Programm von WeRide Inc. (NASDAQ: WRD) ernannt. WeRide, mit Hauptsitz in Guangzhou, China, ist Anbieter von autonomen Fahrlösungen von Level 2 bis Level 4 und bedient die Mobilitäts-, Logistik- und Gesundheitsindustrie. Das Level III ADR-Programm wird an der NASDAQ unter dem Symbol WRD gehandelt, wobei ein Verhältnis von 1 ADS 3 Stammaktien der Klasse A repräsentiert. Das Programm trat am 28. Oktober 2024 in Kraft, wobei die Deutsche Bank AG - Hong Kong Branch als Depotbank fungiert.
- Successfully listed Level III ADR program on NASDAQ, providing access to US capital markets
- Partnership with major financial institution Deutsche Bank as depositary bank
- None.
WeRide Inc. (NASDAQ: WRD) provides autonomous driving products and services from Level 2 to Level 4, addressing transportation needs across a wide range of use cases on open road, including in mobility, logistics, and sanitation industries. Its corporate headquarters are located in
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 WeRide Inc. (October 2024).
Depositary Receipt Information |
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Custodian Bank |
Deutsche Bank AG, |
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Effective Date |
October 28, 2024 |
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Level III ADR |
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CUSIP |
950915 108 |
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ISIN |
US9509151083 |
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Symbol |
WRD |
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Exchange |
NASDAQ |
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Current Ratio |
1 ADS: 3 Class A Ordinary shares |
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Eligibility |
DTC |
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Depositary Receipt Contacts |
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New Business Development |
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William Ng |
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Tel: +852 2203 7889 |
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Markets Distribution |
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Tel: +44 (0) 20 7547 6500 |
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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
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
View source version on businesswire.com: https://www.businesswire.com/news/home/20241028528285/en/
For further information, please contact:
Deutsche Bank AG
Press & Media Relations
Dylan Riddle
Tel. +12122504982
Cell. +1(904)3866481
Email dylan.riddle@db.com
Source: Deutsche Bank
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