Saimo Technology (02571.HK): Public float is approximately 22.58%

Zhitong Finance APP News, Saimo Technology (02571.HK) announced that, as of the date of this announcement, the Company has submitted a filing application to the CSRC for the implementation of full circulation of H shares, and has not yet received any feedback or filing notice from the CSRC. As of the date of this announcement, the Company's public float was approximately 22.58%, which remains below the minimum percentage of 25% required under Rule 19A.28B(1)(a) of the Listing Rules. Given that the full circulation of H shares is still in the CSRC filing process, and after taking into account the time required for the CSRC to approve the filing application, the Company expects that the timetable for restoring the public float may need to be extended by 3 months accordingly. Therefore, the Company will use its best efforts to restore its public float on or before February 28, 2027.