{"id":976231,"date":"2026-06-26T16:03:03","date_gmt":"2026-06-26T20:03:03","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/deutsche-bank-appointed-as-depositary-bank-for-the-sponsored-american-depositary-receipt-program-of-dsc-holdings-ltd\/"},"modified":"2026-06-26T16:03:03","modified_gmt":"2026-06-26T20:03:03","slug":"deutsche-bank-appointed-as-depositary-bank-for-the-sponsored-american-depositary-receipt-program-of-dsc-holdings-ltd","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/deutsche-bank-appointed-as-depositary-bank-for-the-sponsored-american-depositary-receipt-program-of-dsc-holdings-ltd\/","title":{"rendered":"Deutsche Bank Appointed as Depositary Bank for the Sponsored American Depositary Receipt Program of DSC Holdings Ltd."},"content":{"rendered":"<p>        <!--.bwalignl { text-align: left }\n.bwblockalignl { margin-left: 0px; margin-right: auto }\n.bwcellpmargin { margin-bottom: 0px; margin-top: 0px }\n.bwnowrap { white-space: nowrap }\n.bwpadl0 { padding-left: 0px }\n.bwpadr0 { padding-right: 0px }\n.bwtablemarginb { margin-bottom: 10px }\n.bwvertalignb { vertical-align: bottom }\n.bwvertalignt { vertical-align: top }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p><b>Deutsche Bank Appointed as Depositary Bank for the Sponsored American Depositary Receipt Program of DSC Holdings Ltd.<\/b><\/p>\n<p>NEW YORK&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nDeutsche Bank announced today its appointment as depositary bank for the NASDAQ-listed American Depositary Receipt program of DSC Holdings Ltd.<\/p>\n<p>\nDSC Holdings Ltd. (NASDAQ: DSC) provides AI application infrastructure for China\u2019s used car industry. According to CIC, DSC has held an over 90% market share in operating systems for China\u2019s used car dealers since at least 2021. Building on this digital foundation, DSC further supports used car dealers with essential transaction services across their workflows. Beyond used car dealers, DSC also works with other auto merchants, including OEMs, authorized dealers and new car brokers. Its services further engage and benefit thousands of dealers\u2019 collaborators, such as inspectors, transporters and other internet platforms, creating an ecosystem with used car dealers at its center.*<\/p>\n<p>\nIn 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.<\/p>\n<p><i>* This information was provided by DSC Holdings Ltd. (June 2026).<\/i><\/p>\n<table cellspacing=\"0\" class=\"bwblockalignl bwtablemarginb\">\n<tr>\n<td colspan=\"6\" class=\"bwvertalignt bwpadl0\" rowspan=\"1\">\n<p class=\"bwcellpmargin\">\nDepositary Receipt Information<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td colspan=\"2\" class=\"bwvertalignt bwpadl0 bwnowrap\" rowspan=\"1\">\n<p class=\"bwcellpmargin\">\nCountry<\/p>\n<\/td>\n<td rowspan=\"1\" colspan=\"1\">\u00a0<\/td>\n<td colspan=\"3\" class=\"bwvertalignt bwpadl0\" rowspan=\"1\">\n<p class=\"bwcellpmargin\">\nCayman Islands holding company with operations primarily conducted in mainland China<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td colspan=\"2\" class=\"bwvertalignt bwpadl0 bwnowrap\" rowspan=\"1\">\n<p class=\"bwcellpmargin\">\nCustodian Bank<\/p>\n<\/td>\n<td rowspan=\"1\" colspan=\"1\">\u00a0<\/td>\n<td colspan=\"3\" class=\"bwvertalignt bwpadl0\" rowspan=\"1\">\n<p class=\"bwcellpmargin\">\nDeutsche Bank AG, Hong Kong Branch<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td colspan=\"2\" class=\"bwvertalignt bwpadl0 bwnowrap\" rowspan=\"1\">\n<p class=\"bwcellpmargin\">\nEffective Date<\/p>\n<\/td>\n<td rowspan=\"1\" colspan=\"1\">\u00a0<\/td>\n<td colspan=\"3\" class=\"bwvertalignt bwpadl0\" rowspan=\"1\">\n<p class=\"bwcellpmargin\">\nJune 26, 2026<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td colspan=\"2\" class=\"bwvertalignt bwpadl0 bwnowrap\" rowspan=\"1\">\n<p class=\"bwcellpmargin\">\n\u00a0<\/p>\n<\/td>\n<td rowspan=\"1\" colspan=\"1\">\u00a0<\/td>\n<td colspan=\"3\" class=\"bwvertalignt bwpadl0\" rowspan=\"1\">\n<p class=\"bwcellpmargin\">\n\u00a0<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td colspan=\"2\" class=\"bwvertalignt bwpadl0 bwnowrap\" rowspan=\"1\">\n<p class=\"bwcellpmargin\">\nLevel III ADR<\/p>\n<\/td>\n<td rowspan=\"1\" colspan=\"1\">\u00a0<\/td>\n<td colspan=\"3\" class=\"bwvertalignt bwpadl0\" rowspan=\"1\">\n<p class=\"bwcellpmargin\">\n\u00a0<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td colspan=\"2\" class=\"bwvertalignt bwpadl0 bwnowrap\" rowspan=\"1\">\n<p class=\"bwcellpmargin\">\nCUSIP<\/p>\n<\/td>\n<td rowspan=\"1\" colspan=\"1\">\u00a0<\/td>\n<td colspan=\"3\" class=\"bwpadl0 bwpadr0 bwvertalignb\" rowspan=\"1\">\n<p class=\"bwcellpmargin bwalignl\">\n233369 107<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td colspan=\"2\" class=\"bwvertalignt bwpadl0 bwnowrap\" rowspan=\"1\">\n<p class=\"bwcellpmargin\">\nISIN<\/p>\n<\/td>\n<td rowspan=\"1\" colspan=\"1\">\u00a0<\/td>\n<td colspan=\"3\" class=\"bwvertalignt bwpadl0\" rowspan=\"1\">\n<p class=\"bwcellpmargin\">\nUS2333691077<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td colspan=\"2\" class=\"bwvertalignt bwpadl0 bwnowrap\" rowspan=\"1\">\n<p class=\"bwcellpmargin\">\nSymbol<\/p>\n<\/td>\n<td rowspan=\"1\" colspan=\"1\">\u00a0<\/td>\n<td colspan=\"3\" class=\"bwvertalignt bwpadl0\" rowspan=\"1\">\n<p class=\"bwcellpmargin\">\nDSC<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td colspan=\"2\" class=\"bwvertalignt bwpadl0 bwnowrap\" rowspan=\"1\">\n<p class=\"bwcellpmargin\">\nExchange<\/p>\n<\/td>\n<td rowspan=\"1\" colspan=\"1\">\u00a0<\/td>\n<td colspan=\"3\" class=\"bwvertalignt bwpadl0\" rowspan=\"1\">\n<p class=\"bwcellpmargin\">\nNASDAQ<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td colspan=\"2\" class=\"bwvertalignt bwpadl0 bwnowrap\" rowspan=\"1\">\n<p class=\"bwcellpmargin\">\nCurrent Ratio<\/p>\n<\/td>\n<td rowspan=\"1\" colspan=\"1\">\u00a0<\/td>\n<td colspan=\"3\" class=\"bwvertalignt bwpadl0\" rowspan=\"1\">\n<p class=\"bwcellpmargin\">\n1 ADS: 20 Class A ordinary shares<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td colspan=\"2\" class=\"bwvertalignt bwpadl0 bwnowrap\" rowspan=\"1\">\n<p class=\"bwcellpmargin\">\nEligibility<\/p>\n<\/td>\n<td rowspan=\"1\" colspan=\"1\">\u00a0<\/td>\n<td colspan=\"3\" class=\"bwvertalignt bwpadl0\" rowspan=\"1\">\n<p class=\"bwcellpmargin\">\nDTC<\/p>\n<\/td>\n<\/tr>\n<\/table>\n<table cellspacing=\"0\" class=\"bwblockalignl bwtablemarginb\">\n<tr>\n<td class=\"bwvertalignt bwpadl0\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\nDepositary Receipt Contacts<\/p>\n<\/td>\n<td rowspan=\"1\" colspan=\"1\">\u00a0<\/td>\n<td class=\"bwvertalignt bwpadl0\" rowspan=\"1\" colspan=\"1\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td class=\"bwvertalignt bwpadl0\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\nNew Business Development<\/p>\n<\/td>\n<td rowspan=\"1\" colspan=\"1\">\u00a0<\/td>\n<td class=\"bwvertalignt bwpadl0\" rowspan=\"1\" colspan=\"1\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td class=\"bwvertalignt bwpadl0\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\nWilliam Ng<\/p>\n<\/td>\n<td rowspan=\"1\" colspan=\"1\">\u00a0<\/td>\n<td class=\"bwvertalignt bwpadl0\" rowspan=\"1\" colspan=\"1\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td class=\"bwvertalignt bwpadl0\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\nTel: +852 2203 7889<\/p>\n<\/td>\n<td rowspan=\"1\" colspan=\"1\">\u00a0<\/td>\n<td class=\"bwvertalignt bwpadl0\" rowspan=\"1\" colspan=\"1\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td class=\"bwvertalignt bwpadl0\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\n\u00a0<\/p>\n<\/td>\n<td rowspan=\"1\" colspan=\"1\">\u00a0<\/td>\n<td class=\"bwvertalignt bwpadl0\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\n\u00a0<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"bwvertalignt bwpadl0\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\"><a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fadr.db.com%2F&amp;esheet=54561230&amp;newsitemid=20260626759960&amp;lan=en-US&amp;anchor=https%3A%2F%2Fadr.db.com%2F&amp;index=1&amp;md5=86126da04ddfce88566eb30f976fa7d5\">https:\/\/adr.db.com\/<\/a><\/p>\n<\/td>\n<td rowspan=\"1\" colspan=\"1\">\u00a0<\/td>\n<td class=\"bwvertalignt bwpadl0\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\nMarkets Distribution<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"bwvertalignt bwpadl0\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\"><a rel=\"nofollow\" href=\"mailto:adr@db.com\">adr@db.com<\/a><\/p>\n<\/td>\n<td rowspan=\"1\" colspan=\"1\">\u00a0<\/td>\n<td class=\"bwvertalignt bwpadl0\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\nLondon<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"bwvertalignt bwpadl0\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\n\u00a0<\/p>\n<\/td>\n<td rowspan=\"1\" colspan=\"1\">\u00a0<\/td>\n<td class=\"bwvertalignt bwpadl0\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\nTel: +44 (0) 20 7547 6500<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"bwvertalignt bwpadl0\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\"><a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fgtb.db.com&amp;esheet=54561230&amp;newsitemid=20260626759960&amp;lan=en-US&amp;anchor=gtb.db.com&amp;index=2&amp;md5=f6740e247e5693581cdd2423025cfc2a\">gtb.db.com<\/a><\/p>\n<\/td>\n<td rowspan=\"1\" colspan=\"1\">\u00a0<\/td>\n<td class=\"bwvertalignt bwpadl0\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\nNew York<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"bwvertalignt bwpadl0\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\n\u00a0<\/p>\n<\/td>\n<td rowspan=\"1\" colspan=\"1\">\u00a0<\/td>\n<td class=\"bwvertalignt bwpadl0\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\nTel: +1 212 250 9100<\/p>\n<\/td>\n<\/tr>\n<\/table>\n<p>\nDeutsche 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\u2019s leading bank, with a strong position in Europe and a significant presence in the Americas and Asia Pacific.<\/p>\n<p>\nThe Depositary Receipts have been registered pursuant to the US Securities Act of 1933 (the &#8220;Act&#8221;). 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\u00a9 June 2026 Deutsche Bank AG. All rights reserved.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20260626759960r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20260626759960\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20260626759960\/en\/<\/a><\/span><\/p>\n<p>\nDeutsche Bank AG<br \/>\n<br \/>Press &amp; Media Relations<br \/>\n<br \/>Dylan Riddle<br \/>\n<br \/>Tel. +12122504982<br \/>\n<br \/>Cell. +1(904)3866481<br \/>\n<br \/>Email <a rel=\"nofollow\" href=\"mailto:dylan.riddle@db.com\">dylan.riddle@db.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> China United States North America Asia Pacific New York<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Finance Aftermarket Automotive Artificial Intelligence Banking Professional Services Technology Vehicle Technology<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20260626759960\/en\/238178\/3\/dbu2_cmyk_cs3.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Deutsche Bank Appointed as Depositary Bank for the Sponsored American Depositary Receipt Program of DSC Holdings Ltd. NEW YORK&#8211;(BUSINESS WIRE)&#8211; Deutsche Bank announced today its appointment as depositary bank for the NASDAQ-listed American Depositary Receipt program of DSC Holdings Ltd. DSC Holdings Ltd. (NASDAQ: DSC) provides AI application infrastructure for China\u2019s used car industry. According to CIC, DSC has held an over 90% market share in operating systems for China\u2019s used car dealers since at least 2021. Building on this digital foundation, DSC further supports used car dealers with essential transaction services across their workflows. Beyond used car dealers, DSC also works with other auto merchants, including OEMs, authorized dealers and new car brokers. Its services further engage and benefit &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/deutsche-bank-appointed-as-depositary-bank-for-the-sponsored-american-depositary-receipt-program-of-dsc-holdings-ltd\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Deutsche Bank Appointed as Depositary Bank for the Sponsored American Depositary Receipt Program of DSC Holdings Ltd.&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-976231","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Deutsche Bank Appointed as Depositary Bank for the Sponsored American Depositary Receipt Program of DSC Holdings Ltd. - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/deutsche-bank-appointed-as-depositary-bank-for-the-sponsored-american-depositary-receipt-program-of-dsc-holdings-ltd\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Deutsche Bank Appointed as Depositary Bank for the Sponsored American Depositary Receipt Program of DSC Holdings Ltd. - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Deutsche Bank Appointed as Depositary Bank for the Sponsored American Depositary Receipt Program of DSC Holdings Ltd. NEW YORK&#8211;(BUSINESS WIRE)&#8211; Deutsche Bank announced today its appointment as depositary bank for the NASDAQ-listed American Depositary Receipt program of DSC Holdings Ltd. DSC Holdings Ltd. (NASDAQ: DSC) provides AI application infrastructure for China\u2019s used car industry. According to CIC, DSC has held an over 90% market share in operating systems for China\u2019s used car dealers since at least 2021. Building on this digital foundation, DSC further supports used car dealers with essential transaction services across their workflows. Beyond used car dealers, DSC also works with other auto merchants, including OEMs, authorized dealers and new car brokers. 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NEW YORK&#8211;(BUSINESS WIRE)&#8211; Deutsche Bank announced today its appointment as depositary bank for the NASDAQ-listed American Depositary Receipt program of DSC Holdings Ltd. DSC Holdings Ltd. (NASDAQ: DSC) provides AI application infrastructure for China\u2019s used car industry. According to CIC, DSC has held an over 90% market share in operating systems for China\u2019s used car dealers since at least 2021. Building on this digital foundation, DSC further supports used car dealers with essential transaction services across their workflows. Beyond used car dealers, DSC also works with other auto merchants, including OEMs, authorized dealers and new car brokers. 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