CEINEX welcomes intention to float announcement of Qingdao Haier on Frankfurt Stock Exchange

05/10/2018

“Not for distribution, directly or indirectly, in the United States, Australia, Canada or Japan.”

 

Frankfurt/Main, Germany, October 05, 2018 – China Europe International Exchange (CEINEX) welcomes today’s announcement of Qingdao Haier’s intention to float shares in the Prime Standard of the Frankfurt Stock Exchange. Haier is an internationally leading producer of consumer electronics and home appliances headquartered in Qingdao in China’s Shandong province, with a primary listing on the Shanghai Stock Exchange.

 

Dr. Han Chen, Co-Chief Executive Officer of CEINEX, says, “We are delighted to welcome Haier as the first Chinese blue-chip company on the Frankfurt Stock Exchange. This is an important step for CEINEX on its way to establish its platform as a link between European and Chinese financial markets.”

 

Haier will be the first public offering on CEINEX’s D-Shares Market, which is part of the EU-regulated market of the Frankfurt Stock Exchange. “For us, it was important to attract a candidate for the first listing that satisfied our particularly stringent selection criteria.” Chen adds. Company’s wanting to be listed on the CEINEX D-Shares market must, for example, have a clear international strategy, a good track-record, substantial business in Europe, and a reliable dividend payout policy.

 

“Qingdao Haier is just that type of company,” says Chen. “They are seizing their opportunity to develop into a truly global enterprise not even in terms of worldwide market share but also in terms of European capital market access to support their long-term development strategy. Haier’s D-Share IPO is a first promising step for the D-Shares Market on the Frankfurt Stock Exchange and we welcome more Chinese blue-chips to issue D-Shares in the future.”

 

About China Europe International Exchange AG (CEINEX)

Based in Frankfurt/Main, Germany, CEINEX is a joint venture established by the Shanghai Stock Exchange, the Deutsche Börse Group, and the China Financial Futures Exchange. As the first market place for RMB-related 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 providing reliable offshore RMB- and China-related financial instruments to investors, so as to promote RMB internationalization.

 

About D-Shares

D-Shares refer to shares issued by companies limited by shares incorporated in Mainland China and listed in Germany on the Frankfurt Stock Exchange in the CEINEX D-Share Market. The “D” stands for “Deutschland” or “Déguo´”, which means Germany in Chinese. CEINEX utilizes the infrastructure of Deutsche Börse Group for all D-Share listings and trading. D-Share issuance is subject to the prior approval of the China Securities Regulatory Commission (CSRC) and the prospectus shall be approved by the German Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht or short BaFin). D-Shares are eligible to be traded on Xetra®, the fully electronic trading platform of Deutsche Börse Cash Market. D-Share listing requirements and procedures follow the rules and regulations of the regulated market of the Frankfurt Stock Exchange under EU-regulatory standards. D-Share listed companies need to comply with follow-up obligations of the market chosen for public offering, which is Deutsche Börse’s Prime Standard.


Media contacts for CEINEX:

German and English-speaking Media

Mr. Sascha Dettmar

sascha.dettmar@ceinex.com / +49 69 2474 159 66

 

Chinese and English-speaking Media

Ms. Huanyu Zhou

huanyu.zhou@ceinex.com / +49 69 2474 159 65

 

China Europe International Exchange AG (CEINEX)

Friedrich-Ebert-Anlage 35–37

60327 Frankfurt/Main

Germany

Further information about CEINEX is available under http://www.ceinex.com.

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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 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.