SAIMO Issues Monthly Update: Public Float at 22.58%, H-Share Full Circulation Filing Pending CSRC Feedback

Bulletin Express11-04

Beijing Saimo Technology Co., Ltd. (SAIMO) released its latest monthly update on public float compliance, confirming that its H-share public float remains at approximately 22.58%, below the minimum 25% required under Hong Kong Listing Rule 19A.28B(1)(a).

The Board stated that the company has submitted the H-Share Full Circulation filing application to the China Securities Regulatory Commission (CSRC) and is awaiting official feedback. SAIMO will address any CSRC inquiries promptly and provide further disclosures on the conversion and listing process as developments occur.

To meet the February 28 2027 deadline for restoring compliance, SAIMO is continuing to execute its public-float restoration plan outlined in its 7 October 2026 announcement. The company will release monthly progress reports in line with Listing Rule 19A.28E(2)(a) until the public float returns to at least 25%.

Management cautioned shareholders and potential investors that the H-Share Full Circulation, conversion and listing remain subject to approvals from the CSRC, the Hong Kong Stock Exchange and any other relevant regulators.

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