SAIMO (02571) Announces H-Share Full Circulation Filing and Public Float Update

Bulletin Express
Mar 04

Beijing Saimo Technology Co., Ltd. submitted a filing application to the China Securities Regulatory Commission for the latest stage of its H-Share Full Circulation. The process includes responding to regulatory questions and will be followed by further announcements about progress.

As of the date of the announcement, the company’s public float remains at approximately 22.58%, which is below the 25% threshold under the Listing Rules. SAIMO (02571) continues to implement its public float restoration plan, aiming to bring the float ratio back to at least 25% by July 8, 2026. Additional monthly updates will be issued until the public float requirement is met. The H-Share Full Circulation is subject to relevant procedures mandated by supervisory authorities.

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