SAIMO Announces Public Shareholding Level at Approximately 22.58%

Deep News07-06

SAIMO (SEHK: 02571) has issued an announcement stating that, as of the date of this announcement, the company's public shareholding is approximately 22.58%. This level remains below the minimum threshold of 25% stipulated by Rule 19A.28B(1)(a) of the Listing Rules.

Given that the full circulation of H-shares is still in the filing process with the China Securities Regulatory Commission, and considering the time required for the CSRC to review and approve the filing application, the company anticipates that the timeline for restoring the public shareholding percentage may need to be correspondingly extended by three months. Consequently, the company will exert its best efforts to restore the public shareholding level on or before November 30, 2026.

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