Citibank Registers Muyuan Foods ADRs, Boosting US Investor Access

TL;DR

**Muyuan Foods ADRs are now registered, making them tradable for US investors.**

AI Summary

Citibank, N.A. filed an F-6EF on March 24, 2026, to register American Depository Receipt (ADR) shares for Muyuan Foods Co. Ltd/ADR. This filing, immediately effective, allows U.S. investors to trade shares of the Chinese pork producer, Muyuan Foods, on American exchanges. This matters because it increases accessibility and liquidity for Muyuan Foods' stock, potentially attracting more U.S. investors and impacting its share price.

Why It Matters

This filing makes it easier for U.S. investors to buy and sell shares of Muyuan Foods, a major Chinese pork producer, potentially increasing demand and liquidity for the stock.

Risk Assessment

Risk Level: medium — While increasing accessibility, investing in ADRs of foreign companies, especially those based in China, carries inherent risks related to regulatory differences and geopolitical factors.

Analyst Insight

Investors interested in the Chinese agricultural sector, specifically pork production, should research Muyuan Foods Co. Ltd/ADR now that its shares are more accessible to U.S. markets.

Key Players & Entities

• Citibank, N.A./ADR (company) — the filer of the F-6EF, acting as the depositary bank
• Muyuan Foods Co. Ltd/ADR (company) — the subject company whose ADR shares are being registered
• March 24, 2026 (date) — the filing and acceptance date of the F-6EF
• 0001193805-26-000323 (string) — the SEC Accession No. for this specific filing

Forward-Looking Statements

• Increased trading volume for Muyuan Foods ADRs on U.S. exchanges. (Muyuan Foods Co. Ltd/ADR) — medium confidence, target: 2026-06-24

FAQ

Key Financial Figures

• $5.00 — Muyuan Foods Co. Ltd 50,000,000 ADSs $5.00 $2,500,000.00 $345.25 * Each unit r
• $2,500,000.00 — Foods Co. Ltd 50,000,000 ADSs $5.00 $2,500,000.00 $345.25 * Each unit represents 100 A
• $345.25 — 50,000,000 ADSs $5.00 $2,500,000.00 $345.25 * Each unit represents 100 American D

Filing Documents

• e665277_f6ef-muyuan.htm (F-6EF) — 39KB
• e665277_ex99-a.htm (EX-99.(A)) — 58KB
• e665277_ex99-d.htm (EX-99.(D)) — 6KB
• e665277_ex99-e.htm (EX-99.(E)) — 4KB
• image1.jpg (GRAPHIC) — 13KB
• image2.jpg (GRAPHIC) — 14KB
• 0001193805-26-000323.txt ( ) — 146KB

DESCRIPTION OF SECURITIES TO BE REGISTERED

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 (“ ADS ”) Face of Receipt - Upper right corner. (ii) The procedure for voting, if any, the deposited securities Reverse of Receipt - Paragraphs 12, 14 and 17 (iii) The procedure for collecting and distributing dividends Face of Receipt - Paragraphs 4 and 8; Reverse of Receipt - Paragraphs 13, 14 and 17 (iv) The procedure for transmitting notices, reports and proxy soliciting material Reverse of Receipt - Paragraphs 11 and 12 (v) The sale or exercise of rights Reverse of Receipt - Paragraphs 13 and 14 (vi) The deposit or sale of securities resulting from dividends, splits or plans of reorganization Face of Receipt - Paragraphs 4 and 8; Reverse of Receipt – Paragraphs 13, 14, 16 and 17 (vii) Amendment, extension or termination of the deposit arrangements Reverse of Receipt – Paragraphs 18 and 19 (no provision for extension) (viii) The rights that holders of Receipts have to inspect the transfer books of the Depositary and the list of Receipt holders Face of Receipt - Paragraph 3 I-2 (ix) Any restrictions on the right to transfer or withdraw the underlying securities Face of Receipt - Paragraphs 2, 4, 5, and 6 (x) Any limitation on the Depositary’s liability Face of Receipt - Paragraphs 1 and 8; Reverse of Receipt - Paragraphs 12, 15 and 17 3. Fees and charges that a holder of Receipts may have to pay, either directly or indirectly Reverse of Receipt – Paragraph 20

AVAILABLE INFORMATION

Item 2. AVAILABLE INFORMATION Reverse of Receipt - Paragraph 11 Based on the reasonable good faith belief of the Depositary after exercising reasonable diligence, the registrant represents that, as of the date hereof, Muyuan Foods Co. Ltd (the “ Company ”) publishes in English the information contemplated in Rule 12g3-2(b) under the United States Securities Exchange Act of 1934, as amended (the “ Exchange Act ”), on its internet website or through an electronic information delivery system generally available to the public in the Company's primary trading market. As of the date hereof the Company's internet website is www.muyuanfoods.com. The information so published by the Company cannot be retrieved from the Commission's internet website, and cannot be inspected or copied at the public reference facilities maintained by the Commission. I-3 prospectus IN ACCORDANCE WITH GENERAL INSTRUCTIONS III. B OF FORM F-6, THIS PAGE AND THE FORM OF AMERICAN DEPOSITARY RECEIPT ATTACHED AS AN EXHIBIT TO THIS F-6 REGISTRATION STATEMENT CONSTITUTE THE PROSPECTUS RELATING TO THE AMERICAN DEPOSITARY SHARES TO BE ISSUED PURSUANT TO THIS F-6 REGISTRATION STATEMENT. I-4 PART II INFORMATION NOT REQUIRED IN PROSPECTUS

EXHIBITS

Item 3. EXHIBITS (a) The agreement between Citibank, N.A., as depositary (the “ Depositary ”), and all holders and beneficial owners from time to time of American Depositary Shares registered hereunder. – Filed herewith. (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. — 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 Patterson Belknap Webb & Tyler LLP, counsel for the Depositary, as to the legality of the securities to be registered. – Filed herewith. (e) Certification under Rule 466. – Filed herewith.

UNDERTAKINGS

Item 4. UNDERTAKINGS (a) The Depositary hereby undertakes to make available at the principal office of the Depositary in the United States, for inspection by holders of the Receipts, 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) 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 a Receipt thirty days before any change in the fee schedule. II-1

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Act of 1933, the registrant 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 to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of New York, State of New York, on the 24th day of March, 2026. Legal entity created by the agreement set forth in the American Depositary Receipts evidencing American Depositary Shares representing “H” shares of Muyuan Foods Co. Ltd CITIBANK, N.A., as Depositary By: /s/ Rosemary Asafo-Adjei Name: Rosemary Asafo-Adjei Title: Attorney-in-fact II-2 Index of Exhibits Exhibit Document Sequentially Numbered Page (a) Form of ADR (d) Opinion of Counsel to the Depositary (e) Rule 466 Undertaking

View Full Filing

View this F-6EF filing on SEC EDGAR