The Bank of New York Mellon Appointed as Depositary Bank by Anhui Expressway Company Limited

NEW YORK, June 30 /PRNewswire-FirstCall/ — The Bank of New York Mellon (NYSE: BK), the global leader in asset management and securities servicing, has been selected by Anhui Expressway Company Limited (Anhui Expressway) as depositary bank for its American depositary receipt (ADR) program. Each Anhui Expressway ADR represents 10 ordinary shares and will trade on the over-the-counter (OTC) market. Anhui Expressway’s ordinary shares trade on the Hong Kong Stock Exchange under the symbol “0995.”

Anhui Expressway is a transportation infrastructure company based in the People’s Republic of China. The company is engaged in the operation and management of toll expressways, highways and relevant business in Anhui Province. Anhui’s core business is the investment, construction, operation and management of toll roads. The company develops, builds and maintains the interconnection charge highway systems and integrated information systems in the State. Anhui holds interests in Hening Expressway, New Tianchang Section of National Trunk 205, Lianhuo Expressway Anhui Section, Gaojie Expressway, and Ninghuai Expressway Tianchang Section. Other activities include selling and developing pharmaceutical products.

“We are delighted to work with The Bank of New York Mellon as depositary for our ADR program,” said Mr. Wang Shui, Chairman of Anhui Expressway. “The Bank’s experience and stability as a financial institution and its focus on depositary receipts will ensure that we expand our U.S. investor base and enhance the visibility of our company through increased IR efforts.”

“With the establishment of its ADR program, Anhui Expressway is confirming its commitment to attracting more investment from the U.S. market,” said Michael Cole-Fontayn, chief executive officer of The Bank of New York Mellon’s Depositary Receipt Division. “We look forward to working with Anhui Expressway on customized outreach initiatives to facilitate market awareness of the new ADR program.”

The Bank of New York Mellon acts as depositary for more than 2,100 American and global depositary receipt programs, acting in partnership with leading companies from 67 countries. With an unrivalled commitment to helping securities issuers succeed in the world’s rapidly evolving financial markets, the company delivers the industry’s most comprehensive suite of integrated depositary receipt, corporate trust and stock transfer services. Additional information is available at www.bnymellon.com/dr.

The Bank of New York Mellon Corporation is a global financial services company focused on helping clients manage and service their financial assets, operating in 34 countries and serving more than 100 markets. The company is a leading provider of financial services for institutions, corporations and high-net-worth individuals, providing superior asset management and wealth management, asset servicing, issuer services, clearing services and treasury services through a worldwide client-focused team. It has $19.5 trillion in assets under custody and administration, $881 billion in assets under management, services more than $11 trillion in outstanding debt, and processes global payments averaging $1.8 trillion per day. Additional information is available at www.bnymellon.com.

This release is for informational purposes only. The Bank of New York Mellon provides no advice nor recommendation or endorsement with respect to any company or securities. Nothing herein shall be deemed to constitute an offer to sell or a solicitation of an offer to buy securities. Depositary Receipts: Not FDIC, State or Federal Agency Insured; May Lose Value; No Bank, State or Federal Agency Guarantee.

SOURCE The Bank of New York Mellon Corporation