Beijing Saimo Technology Co., Ltd. (Ticker: 2571 HK) is a Chinese technology company specializing in intelligent connected vehicle (ICV) simulation testing solutions. The company develops ICV simulation testing products and provides testing, validation, and evaluation services. In 2023, Saimo Tech was the largest market participant in China's ICV testing, validation, and evaluation solutions industry, with a 5.3% market share. It also led the ICV simulation testing software and platform market in China with a 5.9% share, according to Frost & Sullivan.

The company will list on the Main Board of the Hong Kong Stock Exchange on January 15, 2025. The IPO involves a global offering of 33,333,400 shares at an indicative price range of HKD 12.00 to 18.00 per share, with the subscription period running from December 31, 2024, to January 10, 2025. Based on a median offer price of HKD 15.00, Saimo Tech expects to raise approximately HKD 428 million (USD 64.27 million) in net proceeds. The company has secured China Mobile International as a cornerstone investor, with a subscription of HKD 148.5 million.