Mid Year Report 2020

Issuer Country Industry 2 USD Value (in Millions) China Pacific Insurance (Group) Co. Ltd.* China Financials $1,965 Kingsoft Cloud Holdings Limited China Software & Services $510 Legend Biotech Corporation China Pharmaceuticals, Biotech $487 Agora, Inc. China Software & Services $403 Dada Nexus Limited China Retailing $358 Burning Rock Biotech Limited* China Pharmaceuticals, Biotech $256 Genetron Holdings Limited China Pharmaceuticals, Biotech $256 Phoenix Tree Holdings Ltd.* China Real Estate $134 China Petrochemical Development Corporation* Taiwan Materials $129 I-MAB* China Pharmaceuticals, Biotech $114 Calliditas Therapeutics AB* Sweden Pharmaceuticals, Biotech $88 Huize Holding Limited* China Insurance $56 Lizhi Inc. China Leisure & Entertainment $45 uCloudlink Group Inc. China Telecom Services $36 WiMi Hologram Cloud Inc. China Software & Services $26 AnPac Bio-Medical Science Co., Ltd.* China Pharmaceuticals, Biotech $16 Grand Total $4,880 *Signifies Citi DR program capital raising. IPO Deals in bold italics signify a JOBS Act Deal. 1 Defined as capital raising at the time of listing of a new DR security, data as of June 30, 2020. 2 Industry as defined by Bloomberg. DR IPOs 1 Global DR Capital Raisings (cont.) Source: Bloomberg and Depositary Data Interchange. 14