-

Citi Appointed as Depositary Bank for the GDR Program of Kunshan Dongwei Technology Co., Ltd.

NEW YORK--(BUSINESS WIRE)--Citi’s Issuer Services, acting through Citibank, N.A., has been appointed by Kunshan Dongwei Technology Co., Ltd. (“Dongwei”), a global leading electroplating equipment manufacturer mainly engaged in the research and development, design, production and sales of high-end precision electroplating equipment and its supporting equipment, to act as Depositary Bank for its Global Depositary Receipt (“GDR”) Program.

Dongwei’s GDR Program was established in connection with a US$105 million initial public offering of its GDRs, priced at US$17.80 per GDR. The GDRs are listed on the SIX Swiss Exchange under the symbol “KUDO”. Each GDR represents two (2) A shares. Dongwei’s A shares are listed and traded on the Shanghai Stock Exchange under the stock code 688700.

“We are pleased to be the Depositary Bank for Dongwei, supporting their GDR program. Citi retains its leading position as the depositary bank for companies listed via the China Connect scheme, on the London Stock Exchange and the SIX Swiss Exchange,” said Dirk Jones, Global Head of Citi’s Issuer Services. “Our cross-regional capabilities, global network, the ability to enhance investor access, and experience facilitating the previous Connect GDR Programs will serve the issuer well. We expect to see more participation via the Connect Scheme.”

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.

About Citi

Citi is a preeminent banking partner for institutions with cross-border needs, a global leader in wealth management and a valued personal bank in its home market of the United States. Citi does business in nearly 160 countries and jurisdictions, providing corporations, governments, investors, institutions and individuals with a broad range of financial products and services.

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

Contacts

Media:

Nina Das
Citi Institutional Clients Group
+1 (212) 816-9267
Nina.Das@citi.com

Industry:

Citi

NYSE:C
Release Versions
English

Contacts

Media:

Nina Das
Citi Institutional Clients Group
+1 (212) 816-9267
Nina.Das@citi.com

More News From Citi

Citi Announces 2026 Investor Day

NEW YORK--(BUSINESS WIRE)--As previously announced, Citi will host an Investor Day on Thursday, May 7, 2026. Presentations will be given by members of Citi’s senior leadership team, including: Jane Fraser, Chair and Chief Executive Officer Gonzalo Luchetti, Chief Financial Officer Shahmir Khaliq, Head of Services Andy Morton, Head of Markets Vis Raghavan, Head of Banking Andy Sieg, Head of Wealth Pam Habner, Head of U.S. Consumer Cards Presentation materials are expected to be available on Citi...

Citi Announces Increasing the Waterfall Cap and Pricing Terms of Offers to Purchase Three Series of Outstanding Citigroup Inc. Notes

NEW YORK--(BUSINESS WIRE)--Citigroup Global Markets Inc. (“CGMI”), an indirect wholly-owned subsidiary of Citigroup Inc. (“Citigroup”), today announced the pricing terms of its previously announced offers, which commenced on April 22, 2026, to purchase for cash the three series of Citigroup notes set forth in the table below (collectively, the “Notes” and each a “series” of Notes), using a “waterfall” methodology under which CGMI will accept Notes in the order of their respective Acceptance Pri...

Citi Announces Early Tender Results of Offers to Purchase Three Series of Outstanding Citigroup Inc. Notes

NEW YORK--(BUSINESS WIRE)--Citigroup Global Markets Inc. (“CGMI”), an indirect wholly-owned subsidiary of Citigroup Inc. (“Citigroup”), today announced the early tender results of its previously announced offers, which commenced on April 22, 2026, to purchase for cash the three series of Citigroup notes set forth in the table below (collectively, the “Notes” and each a “series” of Notes), using a “waterfall” methodology under which CGMI will accept Notes in the order of their respective Accepta...
Back to Newsroom