Aqua Capital Strategy Limited Acts as Underwriter to Assist Saimo Technology in Successful Listing on the Main Board of HKEX

William Lo
Dec 31, 2024
2 min read

(Hong Kong, 31 December 2024) – Aqua Capital Strategy Limited ("Aqua Capital" or the "Group"; formerly known as SilkyWater Asset Management Limited) is pleased to announce today that Beijing Saimo Technology Co., Ltd. ("Saimo Technology", Stock Code: 2571.HK), for which the Group acted as a Hong Kong underwriter, has officially been listed and commenced trading on the Main Board of The Stock Exchange of Hong Kong Limited. Based on the indicative offer price of HK28.00per share as stated in the prospectus, the market capital is action of Saimo Technology upon listing reaches approximately HK3.7 billion.

Saimo Technology is a leading provider of simulation testing and evaluation solutions for intelligent connected vehicles (ICV) in China. Deeply rooted in the hard technology and intelligent driving sectors, the Group leveraged its profound industry insights to play a pivotal role in the listing process of Saimo Technology. This successful listing not only reflects the capital market's high recognition of autonomous driving safety validation standards, but also demonstrates the Group's unwavering commitment to expanding its financial services footprint following its renaming, as well as its robust comprehensive capabilities in providing full-suite financial solutions for high-growth technology enterprises.

A spokesperson for Aqua Capital stated: "The Group is deeply honored to have assisted Saimo Technology in entering the international capital market. With the increasing popularization of intelligent driving technologies, simulation testing has become a core cornerstone of the industry's development. Upholding our highest standards of professionalism, the Group will continue to capitalize on its extensive experience to support more hard technology enterprises with core competitiveness, empowering them to achieve long-term value enhancement in the capital market."

Attachment Notice: 20241231 Saimo