-

Citi Appointed as Depositary Bank for the GDR Program of Zhejiang Yongtai Technology Co., Ltd.

NEW YORK--(BUSINESS WIRE)--Citi’s Issuer Services, acting through Citibank, N.A., has been appointed by Zhejiang Yongtai Technology Co., Ltd. (“Yongtai”) – a leading manufacturer of fluorine-containing fine chemicals in the industry – to act as the Depositary Bank for its Global Depositary Receipt (“GDR”) Program.

Yongtai’s GDR Program was established in connection with a US$70 million initial public offering of its GDRs, priced at US$9.41 per GDR. The GDRs are listed on the London Stock Exchange under the symbol “YTT”. Each GDR represents five (5) A shares. Yongtai’s A shares are listed and traded on the Shenzhen Stock Exchange under the stock code 002326. This is the first Shenzhen Stock Exchange listed company to issue and list GDRs on the London Stock Exchange through the Shenzhen-London Stock Connect program.

“We are pleased to be the Depositary Bank for Yongtai’s LSE-Listed GDR Program, as well as serve as the depositary bank for the first ever Shenzhen-London Stock Connect GDR program,” said Dirk Jones, Global Head of Issuer Services at Citi. “Citi’s cross-regional capabilities, global network, the ability to enhance investor access, and our experience gained from the previous GDR programs will serve Yongtai well. We expect to see more issuers raise capital and brand themselves through 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

Nina Das
Nina.Das@citi.com

Industry:

Citi

NYSE:C
Release Versions
English

Contacts

Nina Das
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