002431SZSE

2025 Internal Control Self-Evaluation Report

ST Palm Co., Ltd.·

✨ AI Summary

This report details the internal control effectiveness of Palm Ecological Urban Development Co., Ltd. for 2025. The company found no material weaknesses in financial or non-financial reporting internal controls. It outlines the scope of the evaluation, specific control areas like corporate governance and financial management, and identifies one minor deficiency related to a related-party transaction disclosure. The company has implemented corrective measures and plans further improvements in talent systems, organizational structure, project management, and marketing.

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Palm Ecological Urban Development Co., Ltd.

2025 Internal Control Self-Evaluation Report

To the Shareholders of Palm Ecological Urban Development Co., Ltd.:

Pursuant to the "Basic Norms for Enterprise Internal Control" and its supporting guidelines, as well as other internal control regulatory requirements (collectively referred to as the "Enterprise Internal Control Norms System"), and in accordance with the "Law of the People's Republic of China on State-Owned Assets Management," combined with Palm Ecological Urban Development Co., Ltd.'s (hereinafter referred to as the "Company" or "this Company") internal control system and evaluation methods, based on daily supervision and special supervision of internal control, we have evaluated the effectiveness of the Company's internal control as of December 31, 2025 (the "Internal Control Evaluation Report Base Date").

I. Important Statement

In accordance with the requirements of the Enterprise Internal Control Norms System, establishing and improving internal control, evaluating its effectiveness, and truthfully disclosing the internal control evaluation report are the responsibilities of the Company's Board of Directors. The Audit Committee supervises the establishment and implementation of internal control by the Board of Directors. The management is responsible for organizing and leading the daily operation of the Company's internal control. The Company's Board of Directors, Audit Committee, directors, and senior management guarantee that the content of this report is free from any false records, misleading statements, or material omissions, and they shall bear individual and joint legal liability for the truthfulness, accuracy, and completeness of the report.

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