Haier Smart Home Co., Ltd. Depositary Receipt

Haier Smart Home Co., Ltd. Depositary Receipt serves as a representation of shares in the global company, Haier Smart Home Co., Ltd., allowing investors to access shares listed on international exchanges. This financial instrument facilitates the cross-border purchase and sale of shares for international investors by bypassing the need for direct investment in foreign stock exchanges. The depositary receipts are instrumental in enhancing market liquidity and increasing the company's investor base beyond its home market in China. Serving primarily in the home appliance and consumer electronics industry, Haier Smart Home is known for developing innovative products and solutions that cater to the needs of modern households. These depositary receipts are typically managed by a depositary bank, which oversees the issuance and ensures compliance with the necessary regulations, making them a significant tool for financial centers seeking exposure to international corporate equities."