Citibank NA

11/25/2024 | Press release | Distributed by Public on 11/25/2024 09:30

Registration for Depository Shares Form F 6

As filed with the Securities and Exchange Commission on November 25, 2024 Registration No. 333 -

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

______________________________

FORM F-6

REGISTRATION STATEMENT

UNDER

THE SECURITIES ACT OF 1933 FOR AMERICAN DEPOSITARY SHARES EVIDENCED BY

AMERICAN DEPOSITARY RECEIPTS

____________

Yuanbao Inc.

(Exact name of issuer of deposited securities as specified in its charter)

____________

N/A

(Translation of issuer's name into English)

____________

Cayman Islands

(Jurisdiction of incorporation or organization of issuer)

______________________________

CITIBANK, N.A.

(Exact name of depositary as specified in its charter)

____________

388 Greenwich Street

New York, New York 10013

(877) 248-4237

(Address, including zip code, and telephone number, including area code, of depositary's principal executive offices)

____________

Cogency Global Inc.

122 East 42nd Street, 18th Floor

New York, NY 10168

(212) 947-7200

(Address, including zip code, and telephone number, including area code, of agent for service)

______________________________

Copies to:

Mengyu Lu, Esq.

Kirkland & Ellis International LLP

c/o 26th Floor, Gloucester Tower

The Landmark

15 Queen's Road Central

Hong Kong

+852 3761-3300

Justin You Zhou, Esq.

Kirkland & Ellis International LLP

58th Floor, China World Tower A

No. 1 Jian Guo Men Wai Avenue

Chaoyang District, Beijing 100004

People's Republic of China

+86 10 5737-9315

Herman H. Raspé, Esq.

Patterson Belknap Webb & Tyler LLP
1133 Avenue of the Americas
New York, New York 10036
(212) 336-2301

______________________________

It is proposed that this filing become effective under Rule 466: ☐ immediately upon filing.
☐ on (Date) at (Time).
If a separate registration statement has been filed to register the deposited shares, check the following box: ☒

______________________________

CALCULATION OF REGISTRATION FEE

Title of Each Class of
Securities to be Registered
Amount to be
Registered

Proposed Maximum

Aggregate Price Per Unit*

Proposed Maximum

Aggregate Offering Price**

Amount of

Registration Fee

American Depositary Shares ("ADS(s)"), each ADS representing the right to receive the number of Class A ordinary shares, par value $0.0001 per share, of Yuanbao Inc. (the "Company") to be specified in the Deposit Agreement 100,000,000 ADSs $5.00 $5,000,000.00 $765.50
* Each unit represents 100 ADSs.
** Estimated solely for the purpose of calculating the registration fee. Pursuant to Rule 457(k), such estimate is computed on the basis of the maximum aggregate fees or charges to be imposed in connection with the issuance of ADSs.
The Registrant hereby amends this Registration Statement on such date or dates as may be necessary to delay its effective date until the Registrant shall file a further amendment which specifically states that this Registration Statement shall thereafter become effective in accordance with Section 8(a) of the Securities Act of 1933, or until this Registration Statement shall become effective on such date as the Commission, acting pursuant to said Section 8(a), may determine.

This Registration Statement may be executed in any number of counterparts, each of which shall be deemed an original, and all of such counterparts together shall constitute one and the same instrument.

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PART I

INFORMATION REQUIRED IN PROSPECTUS

Cross Reference Sheet

Item 1. DESCRIPTION OF SECURITIES TO BE REGISTERED

Item Number and Caption

Location in Form of American

Depositary Receipt ("Receipt")
Filed Herewith as Prospectus

1. Name of Depositary and address of its principal executive office Face of Receipt - Introductory Article.
2. Title of Receipts and identity of deposited securities Face of Receipt - Top Center.
Terms of Deposit:
(i) The amount of deposited securities represented by one American Depositary Share ("ADSs") Face of Receipt - Upper right corner.
(ii) The procedure for voting, if any, the deposited securities Reverse of Receipt - Paragraphs (17)
and (18).
(iii) The collection and distribution of dividends Reverse of Receipt - Paragraph (15).
(iv) The transmission of notices, reports and proxy soliciting material Face of Receipt - Paragraph (14);
Reverse of Receipt - Paragraph (18).
(v) The sale or exercise of rights

Reverse of Receipt - Paragraphs (15)

and (17).

(vi) The deposit or sale of securities resulting from dividends, splits or plans of reorganization

Face of Receipt - Paragraphs (3) and (6);

Reverse of Receipt - Paragraphs (15) and (17).

(vii) Amendment, extension or termination of the deposit agreement Reverse of Receipt - Paragraphs (23) and (24) (no provision for extensions).
(viii) Rights of holders of Receipts to inspect the transfer books of the Depositary and the list of holders of ADSs Face of Receipt - Paragraph (14).
(ix) Restrictions upon the right to deposit or withdraw the underlying securities Face of Receipt - Paragraphs (2), (3), (4), (6), (7), (9) and (10).

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Item Number and Caption

Location in Form of American

Depositary Receipt ("Receipt")

Filed Herewith as Prospectus

(x) Limitation upon the liability of the Depositary

Face of Receipt - Paragraph (8);

Reverse of Receipt - Paragraphs (20) and (21).

3. Fees and charges which may be imposed directly or indirectly on holders of ADSs Face of Receipt - Paragraph (11).
Item 2. AVAILABLE INFORMATION Face of Receipt - Paragraph (14).

The Company is subject to the periodic reporting requirements of the United States Securities Exchange Act of 1934, as amended, and, accordingly, files certain reports with, and submits certain reports to, the United States Securities and Exchange Commission (the "Commission"). These reports can be retrieved from the Commission's internet website (www.sec.gov), and can be inspected and copied at the public reference facilities maintained by the Commission at 100 F Street, N.E., Washington D.C. 20549.

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PROSPECTUS

The Prospectus consists of the proposed form of American Depositary Receipt included as Exhibit A to the Form of Deposit Agreement filed as Exhibit (a) to this Registration Statement on Form F-6 and is incorporated herein by reference.

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PART II

INFORMATION NOT REQUIRED IN PROSPECTUS

Item 3. EXHIBITS
(a) Form of Deposit Agreement, by and among Yuanbao Inc. (the "Company"), Citibank, N.A., as depositary (the "Depositary"), and all Holders and Beneficial Owners of American Depositary Shares issued thereunder ("Deposit Agreement"). ___ Filed herewith as Exhibit (a).
(b) Any other agreement to which the Depositary is a party relating to the issuance of the American Depositary Shares registered hereunder or the custody of the deposited securities represented thereby. ___ None.
(c) Every material contract relating to the deposited securities between the Depositary and the issuer of the deposited securities in effect at any time within the last three years. ___ None.
(d) Opinion of counsel for the Depositary as to the legality of the securities to be registered. ___ Filed herewith as Exhibit (d).
(e) Certificate under Rule 466. ___ None.
(f) Powers of Attorney for certain officers and directors and the authorized representative of the Company. ___ Set forth on the signature pages hereto.

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Item 4. UNDERTAKINGS
(a) The Depositary undertakes to make available at the principal office of the Depositary in the United States, for inspection by holders of ADSs, any reports and communications received from the issuer of the deposited securities which are both (1) received by the Depositary as the holder of the deposited securities, and (2) made generally available to the holders of the underlying securities by the issuer.
(b) If the amount of fees charged is not disclosed in the prospectus, the Depositary undertakes to prepare a separate document stating the amount of any fee charged and describing the service for which it is charged and to deliver promptly a copy of such fee schedule without charge to anyone upon request. The Depositary undertakes to notify each registered holder of an ADS thirty (30) days before any change in the fee schedule.

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SIGNATURES

Pursuant to the requirements of the Securities Act of 1933, as amended, Citibank, N.A., acting solely on behalf of the legal entity to be created by the Deposit Agreement, by and among Yuanbao Inc., Citibank, N.A., as depositary, and all Holders and Beneficial Owners from time to time of American Depositary Shares to be issued thereunder, certifies that it has reasonable grounds to believe that all the requirements for filing on Form F-6 are met and has duly caused this Registration Statement on Form F-6 to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of New York, State of New York, on the 25th day of November 2024.

Legal entity created by the Deposit Agreement under which the American Depositary Shares registered hereunder are to be issued, each American Depositary Share representing the right to receive the number of Class A ordinary shares of Yuanbao Inc. to be specified in the Deposit Agreement

CITIBANK, N.A., solely in its capacity as Depositary
By: /s/ Leslie DeLuca
Name: Leslie DeLuca
Title: Attorney-in-Fact

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SIGNATURES

Pursuant to the requirements of the Securities Act of 1933, as amended, Yuanbao Inc. certifies that it has reasonable grounds to believe that all the requirements for filing on Form F-6 are met and has duly caused this Registration Statement on Form F-6 to be signed on its behalf by the undersigned thereunto duly authorized, in Beijing, China on November 25, 2024.

YUANBAO INC.
By: /s/ Rui Fang
Name: Rui Fang
Title: Chairman of the Board and Chief Executive Officer

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POWERS OF ATTORNEY

KNOW ALL PERSONS BY THESE PRESENTS, that each person whose signature appears below constitutes and appoints Mr. Rui Fang and Mr. Huirui Wan to act as his/her true and lawful attorney-in-fact and agent, with full power of substitution, for him/her and in his/her name, place and stead, in any and all such capacities, to sign any and all amendments, including post-effective amendments, and supplements to this Registration Statement, and to file the same, with all exhibits thereto and other documents in connection therewith, with the United States Securities and Exchange Commission, granting unto said attorney-in-fact and agent full power and authority to do and perform each and every act and thing requisite and necessary to be done in and about the premises, as fully to all intents and purposes as s/he might or could do in person, hereby ratifying and confirming all that said attorney-in-fact and agent, or his/her substitute or substitutes, may lawfully do or cause to be done by virtue hereof.

Pursuant to the requirements of the Securities Act of 1933, as amended, this Registration Statement on Form F-6 has been signed by the following persons in the following capacities on November 25, 2024.

Signature Title

/s/ Rui Fang

Chairman of the Board and Chief Executive Officer

(Principal Executive Officer)

Rui Fang
/s/ Ying Li Director
Ying Li
/s/ Shuli Sun Director
Shuli Sun
/s/ Huirui Wan

Chief Financial Officer

(Principal Financial and Accounting Officer)

Huirui Wan

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SIGNATURE OF AUTHORIZED REPRESENTATIVE IN THE UNITED STATES

Pursuant to the requirements of the Securities Act of 1933, as amended, the undersigned, the fully authorized representative of Yuanbao Inc., has signed this registration statement or amendment thereto, in New York, New York on November 25, 2024.

Authorized U.S. Representative
Cogency Global Inc.
By: /s/ Colleen A. De Vries
Name: Colleen A. De Vries
Title: Senior Vice President

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Index to Exhibits

Exhibit Document

Sequentially

Numbered Page

(a) Form of Deposit Agreement
(d) Opinion of counsel to the Depositary