Deutsche Bank announced its appointment as depositary bank for the NASDAQ-listed American Depositary Receipt program of DSC Holdings Ltd on June 26th.
DSC Holdings Ltd. provides AI application infrastructure for China’s used car industry. According to CIC, DSC has held an over 90% market share in operating systems for China’s 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, authorised dealers and new car brokers. Its services further engage and benefit thousands of dealers’ collaborators, such as inspectors, transporters and other internet platforms, creating an ecosystem with used car dealers at its centre.
In addition to specialising 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 securitisations and project finance to syndicated loans, debt exchanges and restructurings.
