Palm Co., Ltd. announced that due to a construction contract dispute, the company's fund-raising account of 4 million yuan was previously frozen in the Guangzhou branch sales department of China Minsheng Bank. The funds were unfrozen on December 10, 2025. As of the disclosure date of the announcement, the frozen balance of the company's fund-raising account was 2738.98 yuan, accounting for 0.0003% of the net capital raised and 0.0002% of the 2024 audited net assets. There was no significant adverse impact on the company's daily operations and fund-raising projects. The company will follow up on the unfreezing of the remaining funds and promptly disclose them.

Palm Co., Ltd. announced that due to a construction contract dispute, the company's fund-raising account of 4 million yuan was previously frozen in the Guangzhou branch sales department of China Minsheng Bank. The funds were unfrozen on December 10, 2025. As of the disclosure date of the announcement, the frozen balance of the company's fund-raising account was 2738.98 yuan, accounting for 0.0003% of the net capital raised and 0.0002% of the 2024 audited net assets. There was no significant adverse impact on the company's daily operations and fund-raising projects. The company will follow up on the unfreezing of the remaining funds and promptly disclose them.