SAIMO (02571): Public float approximately 22.58%

SAIMO (02571) announced that, as of the date of this announcement, the Company has submitted a filing application to the CSRC for the implementation of the Full Circulation of H Shares and has not yet received any feedback or filing notice from the CSRC. The Company will promptly respond to any questions raised by the CSRC regarding the filing documents for the Full Circulation of H Shares and their appendices (if any), and will make further announcements in due course regarding the progress of the Full Circulation of H Shares and the conversion and listing. As of the date of this announcement, the Company's public float is approximately 22.58%, which remains below the minimum percentage of 25% required under Rule 19A.28B(1)(a) of the Listing Rules. The Company will use its best efforts to restore its public float on or before February 28, 2027. The Company is implementing its public float restoration plan in accordance with the expected timetable set out in its announcement dated October 7, 2026.