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Deutsche Bank Appointed as Depositary Bank for the Sponsored American Depositary Receipt Program of BlueCity Holdings Limited

Deutsche Bank announced today its appointment as depositary bank for the Nasdaq-listed American Depositary Receipt program of BlueCity Holdings Limited.

BlueCity Holdings Limited (Nasdaq: BLCT) is an internet company which provides a variety of services to the global LGBTQ community, including social networking, live streaming, health related and family planning services. It operates the mobile app "Blued" which had a registered user base of over 49 million worldwide as of March 31, 2020.*

"We are pleased to be appointed as depositary bank for BlueCity’s Nasdaq-listed Level III American Depositary Receipt program," said Daniel Clark, Global Head of Depositary Receipts at Deutsche Bank. "We look forward to providing our high quality client service and dedicated support to help drive the program’s future success."

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 BlueCity Holdings Limited (July 2020).

Depositary Receipt Information

Country

 

China (Cayman Islands incorporated)

Custodian Bank

 

Deutsche Bank AG, Hong Kong Branch

Effective Date

 

July 7, 2020

 

 

 

Level III ADR

 

 

CUSIP

 

09610L 106

ISIN

 

US09610L1061

Symbol

 

BLCT

Exchange

 

Nasdaq

Current Ratio

 

2 ADSs: 1 Class A ordinary share

Eligibility

 

DTC

 

 

 

 

  

Depositary Receipt Contacts

Head of Depositary Receipts

 

New Business Development

Daniel Clark

 

William Ng

Tel: +44 (0) 20 7541 6888

 

Tel: +852 2203 7889

 

 

 

www.adr.db.com

 

Markets Distribution

adr@db.com

 

London

 

 

Tel: +44 (0) 20 7547 6500

gtb.db.com

 

New York

 

 

Tel: +1 212 250 9100

 

 

Hong Kong

 

 

Tel: +852 2203 7854

  

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© July 2020 Deutsche Bank AG. All rights reserved.

View source version on businesswire.com: https://www.businesswire.com/news/home/20200710005471/en/

Contacts

Deutsche Bank AG
Press & Media Relations

Maryanne Caruso
Phone: +1 212 250-2186
E-Mail: Maryanne.caruso@db.com