Palm Co., Ltd. announced that the actual controller of the company was changed from the Henan Provincial Department of Finance to the Henan Provincial State-owned Assets Administration Commission. According to the arrangement of the Henan Provincial People's Government, 100% of the shares of Yuzi Group held by the Henan Provincial Department of Finance were transferred free of charge to the Henan Provincial State-owned Assets Administration Commission. The relevant change procedures were approved on January 5, 2026. Yuzi Group holds 100% of the shares of Henan Yuzi Guaranteed Housing Management and Operation Co., Ltd., the controlling shareholder of the company. This transfer led to a change in the actual controller of the company. This change will not affect the stability and independence of the company's operations, and will not have a significant impact on the company's daily production and operation activities.

Palm Co., Ltd. announced that the actual controller of the company was changed from the Henan Provincial Department of Finance to the Henan Provincial State-owned Assets Administration Commission. According to the arrangement of the Henan Provincial People's Government, 100% of the shares of Yuzi Group held by the Henan Provincial Department of Finance were transferred free of charge to the Henan Provincial State-owned Assets Administration Commission. The relevant change procedures were approved on January 5, 2026. Yuzi Group holds 100% of the shares of Henan Yuzi Guaranteed Housing Management and Operation Co., Ltd., the controlling shareholder of the company. This transfer led to a change in the actual controller of the company. This change will not affect the stability and independence of the company's operations, and will not have a significant impact on the company's daily production and operation activities.