Congratulations to Beijing Saimo Technology Co., Ltd. (2571.HK) on its Successful Listing

Congratulations to Beijing Saimo Technology Co., Ltd. (2571.HK) on its successful Listing on the Mainboard of HKSE on 15 January 2025

 

Beijing Saimo Technology Co., Ltd. is a technology company in the PRC focusing on intelligent connected vehicle (“ICV”) simulation testing technologies, and primarily engaged in the design and R&D of ICV simulation testing products and the provision of related testing, validation and evaluation solutions. ICVs refer to a new generation of vehicles that are equipped with advanced on-board sensors, controllers, actuators and other devices, and integrating advanced communication and network technologies.

 

 With regard to this listing application, AVISTA Group is honored to be engaged in providing valuation services in relation to financial asset and financial instrument.

 

Congratulations again to Beijing Saimo Technology Co., Ltd. (2571.HK) on its successful listing. The issue price is C12.99  per share, and the amount of funds raised is HKD 358.6 million.