DEPOSIT AGREEMENT by and among NIU TECHNOLOGIES and CITIBANK, N.A., as Depositary, and THE HOLDERS AND BENEFICIAL OWNERS OF AMERICAN DEPOSITARY SHARES ISSUED HEREUNDER Dated as of October 18, 2018Deposit Agreement • January 11th, 2019 • Niu Technologies • Motor vehicles & passenger car bodies • New York
DEPOSIT AGREEMENT, dated as of October 18, 2018, by and among (i) NIU TECHNOLOGIES, a company organized under the laws of the Cayman Islands, and its successors (the “Company”), (ii) CITIBANK, N.A., a national banking association organized under the laws of the United States of America (“Citibank”) acting in its capacity as depositary, and any successor depositary hereunder (Citibank in such capacity, the “Depositary”), and (iii) all Holders and Beneficial Owners of American Depositary Shares issued hereunder (all such capitalized terms as hereinafter defined).
