SAIMO Updates Public Float Restoration Plan; Target Date Extended to 8 September 2026

Bulletin Express05-06

Beijing Saimo Technology Co., Ltd. (SAIMO) reported that its public float stood at 22.58% as of 6 May 2026, remaining below the 25% threshold stipulated by Hong Kong Listing Rule 19A.28B(1)(a).

The company confirmed that it submitted its H-share Full Circulation filing application to the China Securities Regulatory Commission (CSRC) on 28 February 2026 and has yet to receive feedback. Pending CSRC review, SAIMO now anticipates a two-month delay in completing the float-restoration process.

Revised timetable highlights: • 29 June 2026: Expected CSRC approval of the H-share Full Circulation filing. • On or before 29 July 2026: Applications to the China Securities Depository and Clearing Corporation (Shenzhen Branch) for share deregistration and to the Hong Kong Stock Exchange for conversion of domestic shares to H-shares. • On or before 28 August 2026: Participating shareholders to open H-share securities accounts and the company to submit initial maintenance materials to the depository. • On or before 8 September 2026: Completion of overseas share custody, issuance of the Initial Maintenance Completion Certificate, formal H-share listing of the converted shares, and restoration of the public float to at least 25%.

SAIMO will continue to release monthly progress updates until compliance is achieved, in accordance with Listing Rule 19A.28E(2)(a). Shareholders and potential investors are advised to exercise caution when trading the company’s securities.

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