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    Deutsche Bank Appointed as Depositary Bank for the Sponsored American Depositary Receipt Program of WeRide Inc.

    10/28/24 4:05:00 PM ET
    $DB
    $WRD
    Major Banks
    Finance
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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 WeRide Inc.

    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 Guangzhou, 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 WeRide Inc. (October 2024).

    Depositary Receipt Information

    Country

    Cayman Islands holding company with operations mainly conducted by subsidiaries in mainland China

    Custodian Bank

    Deutsche Bank AG, Hong Kong Branch

    Effective Date

    October 28, 2024

     

     

    Level III ADR

     

    CUSIP

    950915 108

    ISIN

    US9509151083

    Symbol

    WRD

    Exchange

    NASDAQ

    Current Ratio

    1 ADS: 3 Class A Ordinary shares

    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© October 2024 Deutsche Bank AG. All rights reserved.

    View source version on businesswire.com: https://www.businesswire.com/news/home/20241028528285/en/

    Get the next $DB alert in real time by email

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    Q&A

    New
    • What recent appointment did Deutsche Bank announce regarding WeRide Inc.?

      Deutsche Bank has been appointed as the depositary bank for WeRide Inc.'s NASDAQ-listed American Depositary Receipt (ADR) program.

    • What products and services does WeRide Inc. offer?

      WeRide Inc. provides autonomous driving products and services, with capabilities ranging from Level 2 to Level 4, applicable in various industries such as mobility, logistics, and sanitation.

    • When will Deutsche Bank officially start its role as depositary bank for WeRide Inc.?

      The effective date for Deutsche Bank's role as depositary bank is October 28, 2024.

    • Where is WeRide Inc. headquartered and where do its operations primarily take place?

      WeRide Inc. operates as a holding company in the Cayman Islands, but its main operations are conducted through subsidiaries located in mainland China.

    • What are the CUSIP and ISIN numbers for WeRide Inc.'s American Depositary Receipts?

      The CUSIP for WeRide's ADR is 950915 108 and the ISIN is US9509151083.

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