Autonavi Holdings Appoints Deutsche Bank as Depositary for ADR Programme
Deutsche Bank has been appointment to be depositary bank for the Nasdaq-listed American Depositary Receipt (ADR) programme of AutoNavi Holdings (AutoNavi).
AutoNavi is a provider of digital map content and navigation and location-based solutions in China. At the core of its business is a comprehensive nationwide digital map database that covers approximately 2.8 million kilometers of roadway and over 12.5 million points of interest across China. Through its digital map database and proprietary technology platform, AutoNavi provides integrated navigation and location-based solutions optimised for the Chinese market and users, including automotive navigation solutions, public sector and enterprise applications, wireless location-based solutions and internet location-based solutions.