Frankfurt a.M., Germany / Qingdao, PR China, April 10, 2018 – Today, the Board of Directors of Chinese Qingdao Haier Co., Ltd., an international “white goods” manufacturing company, announced that it will propose to its shareholders to issue shares and list them in the CEINEX D-Share Market, which is part of the regulated market of the Frankfurt Stock Exchange (Prime Standard). China Europe International Exchange AG (CEINEX), welcomes the decision by the Shanghai-listed A-Share company, planning to become the first D-Share Market issuer.
CEINEX is the joint venture between Shanghai Stock Exchange (SSE), Deutsche Börse AG (DBAG) and China Financial Futures Exchange (CFFEX)—established in 2015—and outcome of the 1st China-Germany High-Level Financial Dialogue. As the bridge between the capital markets of China and Europe, CEINEX offers international investors new opportunities to trade and invest in high quality Chinese companies as well as China-related ETFs and Bonds under European regulation.
While the “D” stands for “Deutschland” or “déguo” (“Germany” in Chinese), the D-Share market targets Chinese blue chip companies with a clear international business strategy. The CEINEX marketplace uses the state-of-the-art market infrastructure of Deutsche Börse, operator of the Frankfurt Stock Exchange.
Dr. Han Chen, Co-CEO of CEINEX, says: “CEINEX welcomes the decision by the Board of Directors of Qingdao Haier, a world leader in its industry, to propose a D-Share issuance to their shareholders. We will cooperate closely with the company and support their next steps towards the first D-Share IPO.”
Jeffrey Tessler, Member of the Executive Board Deutsche Börse and Member of the Supervisory Board CEINEX, commented: "The announcement from Qingdao Haier to initiate the process of issuing D-Shares in Frankfurt confirms our decision to partner with the leading Chinese exchanges, Shanghai Stock Exchange and China Financial Futures Exchange. By forming a high quality bridge between the Chinese and European capital market, CEINEX is the first-mover in bringing Chinese blue-chip companies directly to European investors."
About China Europe International Exchange AG (CEINEX)
Based in Frankfurt am Main, Germany, CEINEX is a joint venture established by Shanghai Stock Exchange, Deutsche Börse Group and China Financial Futures Exchange. As the first market place for RMB- and China-related investment products in the Chinese offshore market, it acts as a unique bridge between the Chinese and international financial markets. CEINEX is dedicated to provide reliable offshore RMB- and China-related financial instruments to investors, so as to promote RMB internationalization.
About Qingdao Haier Co., Ltd.
“Haier” has been ranked as the world’s top one home appliance brand for nine consecutive years, according to an industry report on global home appliance brands from Euromonitor International, a market research provider. Qingdao Haier has built the world's largest home appliance industry cluster. Haier covered and satisfied the demand of different price points of home appliances market with diversified private brands including Haier, high-end home appliance brand Casa Di, GE Appliances (GEA), Fisher & Paykel (a high-end New Zealand home appliance brand) Sanyo Agua (a Japanese brand), and brand Leader to achieve the coverage of global markets and communities. Qingdao Haier has 10 open research and development centers, which form resource and user networks all over the world. It is open to attracting world-class resources to participate in research and development through a mechanism of mutual creation and win-win sharing, leading the development and upgrade direction of industry products and technologies for users, which provide the ultimate experience, as well as propel the company to fully implement its strategy from “going out”, “going in” to going up” in global market.
About Deutsche Börse Group
Deutsche Börse Group is one of the largest exchange organisations worldwide. It organises markets characterised by integrity, transparency and safety for investors who invest capital and for companies that raise capital – markets on which professional traders buy and sell financial instruments according to clear rules and under strict supervision. With its services and systems, Deutsche Börse Group ensures the functioning of these markets and a level playing field for all participants – worldwide. However, Deutsche Börse Group’s products and services are by no means limited to trading “as such”: its business areas cover the entire value chain in the financial services sector, ranging from pre-IPO services and the admission of securities, through trading, clearing and settlement to custody services of securities and other financial instruments, along with collateral and liquidity management. Additionally, the Group provides IT services, regulatory services, indices and market data worldwide.
Media contacts for CEINEX:
German and English Speaking Media
Mr. Sascha Dettmar
firstname.lastname@example.org / +49 69 2474 159 66
Chinese and English Speaking Media
Ms. Huanyu Zhou
email@example.com / +49 69 2474 159 65
China Europe International Exchange AG (CEINEX)
60327 Frankfurt am Main, Germany
Further information about CEINEX is available under http://www.ceinex.com.
Unsubscribe to CEINEX press releases: firstname.lastname@example.org
The information contained in this message is confidential or protected by law. If you are not the intended recipient, please contact the sender and delete this message. Any unauthorized copying of this message or unauthorized distribution of the information contained herein is prohibited.
“These materials are not for distribution, directly or indirectly, in or into the United States (including its territories and possessions, any State of the United States and the District of Columbia), Australia, Canada or Japan. These materials do not constitute or form a part of any offer or solicitation to purchase or subscribe for securities in the United States, Australia, Canada or Japan. The securities mentioned herein have not been, and will not be, registered under the US Securities Act of 1933, as amended (the “Securities Act”).
The securities may not be offered or sold in the United States, except pursuant to an exemption from the registration requirements of the Securities Act. There will be no public offer of the securities in the United States.”
“This communication is only being distributed to and is only directed at (i) persons who are outside the European Economic Area or (ii) investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “Order”) or (iii) high net worth companies, and other persons to whom it may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order (all such persons together being referred to as “relevant persons”). The Securities are only available to, and any invitation, offer or agreement to subscribe, purchase or otherwise acquire such securities will be engaged in only with, relevant persons. Any person who is not a relevant person should not act or rely on this document or any of its contents.”
“This publication constitutes neither an offer to sell nor a solicitation to buy securities. The offer will be made solely by means of, and on the basis of, a securities prospectus which is to be published. An investment decision regarding the publicly offered securities of Qingdao Haier Co., Ltd. should only be made on the basis of the securities prospectus. The securities prospectus will be published promptly upon approval by the Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin) and will be available free of charge from Qingdao Haier Co., Ltd., No. 1 Haier Road, Qingdao City, People’s Republic of China, or on the Qingdao Haier Co., Ltd. website.”
“Stabilisation / EU Regulation 2273/2003 / German law / FSA.”