Saimo Technology (02571) has announced that, as of the date of this announcement, the company has submitted a filing application to the China Securities Regulatory Commission for the implementation of an H-share full circulation. The company will promptly respond to any inquiries raised by the CSRC regarding the H-share full circulation filing documents and any appendices. Further announcements regarding the progress of the H-share full circulation and the conversion and listing will be made in due course. As of the announcement date, the company's public float is approximately 22.58%, which remains below the minimum requirement of 25% stipulated by Listing Rule 19A.28B(1)(a). The company is implementing a plan to restore its public float according to the expected timeline outlined in the public float announcement. The company will make its best efforts to restore the public float on or before July 8, 2026.