Palm Co., Ltd. announced that on December 8, 2025, the 38th meeting of the sixth board of directors of the company passed a bill agreeing to use 190 million yuan of idle funds raised to temporarily supplement working capital. The period of use will not exceed 12 months, and it will only be used for production and operation related to the main business. As of December 5, 2025, the balance of capital raised by the company was 190 million yuan. Based on the one-year loan LPR benchmark interest rate of 3.00%, it is estimated that financial expenses will be saved of 5.7 million yuan. The sponsor, Zhongyuan Securities, believes that the matter complies with the regulations and has no objection.

Palm Co., Ltd. announced that on December 8, 2025, the 38th meeting of the sixth board of directors of the company passed a bill agreeing to use 190 million yuan of idle funds raised to temporarily supplement working capital. The period of use will not exceed 12 months, and it will only be used for production and operation related to the main business. As of December 5, 2025, the balance of capital raised by the company was 190 million yuan. Based on the one-year loan LPR benchmark interest rate of 3.00%, it is estimated that financial expenses will be saved of 5.7 million yuan. The sponsor, Zhongyuan Securities, believes that the matter complies with the regulations and has no objection.