Deutsche Bank Appointed as Depositary Bank for the Sponsored American Depositary Receipt Program of Lotus Technology Inc.
24 February 2024 - 9:38AM
Business Wire
Deutsche Bank announced today its appointment as depositary bank
for the American Depositary Receipt program of Lotus Technology
Inc.
Lotus Technology Inc. (NASDAQ: LOT) is a leading global luxury
electric vehicle maker dedicated to delivering sustainable luxury
mobility via research and development of proprietary
next-generation technologies, including in autonomous driving,
lightweight engineering, and high-performance architectures.*
In addition to specializing in administering cross-border equity
structures such as New York Shares, 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 Lotus Technology Inc.
(February 2024).
Depositary Receipt Information
Country
Cayman Islands incorporated with
headquarters in Shanghai, China
Custodian Bank
Deutsche Bank AG, Hong Kong Branch
Effective Date
February 23, 2024
Level I ADR
CUSIP
54572F 101
ISIN
US54572F1012
Symbol
LOT
Exchange
NASDAQ
Current Ratio
1 ADS: 1 ordinary share
Eligibility
DTC
Depositary Receipt Contacts
Head of Depositary Receipts
New Business Development
Daniel Clark
William Ng
Tel: +65 64237944
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© February 2024 Deutsche Bank AG. All rights
reserved.
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version on businesswire.com: https://www.businesswire.com/news/home/20240223473014/en/
Deutsche Bank AG Press & Media Relations Dylan Riddle Tel.
+12122504982 Cell. +1(904)3866481 dylan.riddle@db.com
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