-

Citi Appointed Depositary Bank for XPeng Inc.’s Sponsored ADR Program

NEW YORK--(BUSINESS WIRE)--Citi’s Issuer Services, acting through Citibank, N.A., has been appointed by XPeng Inc. (“XPeng”), a leading smart electric vehicle (EV) company based in China, as the depositary bank for its American Depositary Receipt (ADR) program.

XPeng’s program was established in connection with an approximately $1.5 billion initial public offering of its ADRs, priced at $15.00 per ADR (or approximately $1.7 billion, if the underwriters exercise their over-allotment option in full). The ADRs are listed on the New York Stock Exchange, or the NYSE, under the symbol “XPEV”. Each ADR represents two Class A ordinary shares of XPeng. As a single-listed ADR program, the underlying ordinary shares are not listed or publicly traded in the issuer’s home market.

“Citi is committed to providing XPeng and its investors with the highest quality ADR services, and our selection as depositary bank for the company’s ADR program underscores the depth and breadth of Citi’s cross-border capabilities,” said Dirk Jones, Head of Global Issuer Services at Citi.

Citi is a leading provider of depositary receipt services. With depositary receipt programs in 67 markets, spanning equity and fixed-income products, Citi leverages its global network to provide cross-border capital market access to issuers, intermediaries and investors.

For more information about Citi’s Depositary Receipt Services, please visit www.citi.com/dr.

Citi

Citi, the leading global bank, has approximately 200 million customer accounts and does business in more than 160 countries and jurisdictions. Citi provides consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, transaction services, and wealth management.

Additional information may be found at www.citigroup.com | Twitter: @Citi | YouTube: www.youtube.com/citi | Blog: http://blog.citigroup.com | Facebook: www.facebook.com/citi | LinkedIn: www.linkedin.com/company/citi

Contacts

Sophia Anthony
Citi Global Public Affairs
Banking, Capital Markets & Advisory Communications
+1 (212) 816-7140
sophia.anthony@citi.com

Industry:

Citi

NYSE:C
Release Versions
English

Contacts

Sophia Anthony
Citi Global Public Affairs
Banking, Capital Markets & Advisory Communications
+1 (212) 816-7140
sophia.anthony@citi.com

More News From Citi

Citigroup Declares Common Stock Dividend

NEW YORK--(BUSINESS WIRE)--The Board of Directors of Citigroup Inc. today declared a quarterly dividend on Citigroup’s common stock of $0.67 per share, payable on August 28, 2026, to stockholders of record on August 3, 2026. The Board of Directors of Citigroup Inc. also declared dividends on Citigroup’s preferred stock as follows: – 6.250% Fixed Rate/Floating Rate Noncumulative Preferred Stock, Series T, payable August 17, 2026, to holders of record on August 7, 2026. Holders of depositary rece...

Citigroup Announces Full Redemption of Series T Preferred Stock

NEW YORK--(BUSINESS WIRE)--Citigroup Inc. is redeeming, in whole, all $1.5 billion aggregate liquidation preference of 1,500,000 Depositary Shares each representing a 1/25th interest in its 6.250% Fixed Rate/Floating Rate Noncumulative Preferred Stock, Series T (the “Preferred Stock”). The redemption date is August 15, 2026 for the Preferred Stock and related Depositary Shares (the “Redemption Date”). The cash redemption price for each Depositary Share will equal $1,000 and will be paid on Augu...

Citi Impact Fund Commits to Investing $25 Million in Companies Bringing Innovation to Housing Access and Affordability

NEW YORK--(BUSINESS WIRE)--Today, as part of its five-year Blueprint for Housing Opportunity initiative, the Citi Impact Fund announced that it will invest $25 million in companies propelling innovative solutions for housing access, supply and affordability in communities nationwide. These investments will support entrepreneurs and leaders at the forefront of this work, who are leveraging technology to drive innovation across the housing ecosystem — from AI-enabled platforms that help contracto...
Back to Newsroom