Citi Appointed as Depositary Bank for the GDR Program of Jiangsu Eastern Shenghong Co., Ltd.
Continued Participation in
Jiangsu Eastern Shenghong Co., Ltd.
Jiangsu Eastern Shenghong Co., Ltd. (“Shenghong”) is a leading energy and chemical enterprise engaged in the research, development, production and sales of new energy and high-performance materials, and low-carbon green industries.
Shenghong’s GDR Program was established in connection with a
“We are pleased to be the
“Citi’s cross-regional capabilities, global network, the ability to enhance investor access, and our experience gained from the previous Connect GDR Programs will serve this issuer well. We expect to see more issuers raise capital and participate through the Connect Scheme in the future,” he added.
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
Additional information may be found at www.
View source version on businesswire.com: https://www.businesswire.com/news/home/20230109005463/en/
Media:
+1 (212) 816-9267
Nina.Das@citi.com
Source: Citi