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    Deutsche Bank Appointed as Depositary Bank for the Sponsored American Depositary Receipt Program of Wing Yip Food Holdings Group Limited

    12/2/24 4:05:00 PM ET
    $DB
    $WYHG
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    Get the next $DB alert in real time by email

    Deutsche Bank announced today its appointment as depositary bank for the NASDAQ-listed American Depositary Receipt program of Wing Yip Food Holdings Group Limited.

    Wing Yip Food Holdings Group Limited (NASDAQ:WYHG) is a meat product processing company that engages in the processing, sales and distribution of cured meat products, snack products and frozen meat products. Its ordinary shares are listed on the Korea Securities Dealers Automated Quotations of the Korea Exchange. Its principal executive office is in Guangdong, China. *

    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 Wing Yip Food Holdings Group Limited (November 2024).

    Depositary Receipt Information

    Country

     

    Hong Kong holding company with operations conducted by subsidiaries in mainland China

    Custodian Bank

     

    Deutsche Bank AG, Seoul Branch

    Effective Date

     

    November 27, 2024

     

     

     

    Level III ADR

     

     

    CUSIP

     

    973921 109

    ISIN

     

    US9739211095

    Symbol

     

    WYHG

    Exchange

     

    NASDAQ

    Current Ratio

     

    1 ADS: 1 ordinary share

    Eligibility

     

    DTC

    Depositary Receipt Contacts

       

    New Business Development

     

    William Ng

     

    Tel: +852 2203 7889

     

     

     

     

    www.adr.db.com

     

    Markets Distribution

    [email protected]

     

    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© November 2024 Deutsche Bank AG. All rights reserved.

    View source version on businesswire.com: https://www.businesswire.com/news/home/20241202270636/en/

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    Q&A

    New
    • What was announced by Deutsche Bank regarding Wing Yip Food Holdings Group Limited?

      Deutsche Bank has been appointed as the depositary bank for Wing Yip Food Holdings Group Limited's ADR program, which allows the company's shares to be traded on NASDAQ.

    • What type of business does Wing Yip Food Holdings Group Limited engage in?

      Wing Yip Food Holdings Group Limited specializes in processing, sales, and distribution of cured and frozen meat products and is listed on the Korea Exchange.

    • What type of financial instrument is being used for Wing Yip Food Holdings Group Limited in the announcement?

      The depositary receipt program for Wing Yip Food Holdings Group Limited involves the issuance of American Depositary Receipts (ADRs) that represent its ordinary shares.

    • What is the effective date for the new depositary receipt program for Wing Yip Food Holdings Group Limited?

      The effective date for the depositary receipt program is set for November 27, 2024.

    • What kind of services does Deutsche Bank offer as part of its role as depositary bank?

      Deutsche Bank provides a wide range of financial services, including cross-border equity structures and various banking services, to multiple types of clients.

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