Citi Appointed Depositary For China Ming Yang’s ADR Program

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Citi's global transaction services business, acting through Citibank NA, has been appointed by China Ming Yang Wind Power Group Ltd., a Cayman Islands-registered, China-based company, as the depositary bank for its NASDAQ-listed, Level 3 American Depositary Receipt (ADR) program.

China Ming Yang's ADR program was established through a $350 million offering, originally priced at $14 per ADR. The ADRs are listed on the New York Stock Exchange under the symbol ‘MY.’

SOURCE: Citi

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