Stock Code: 002431 Stock Abbreviation: ST 棕榈 Announcement No.: 2026-062 Palm Eco-Town Development Co., Ltd. Announcement on Abnormal Stock Trading Fluctuations
The Company and the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed herein, and that there are no false representations, misleading statements, or material omissions.
I. Introduction to Abnormal Stock Trading Fluctuations
Palm Eco-Town Development Co., Ltd. (hereinafter referred to as the "Company") stock (Stock Abbreviation: ST 棕榈, Stock Code: 002431) experienced a cumulative price deviation exceeding 12% over three consecutive trading days (April 28, 2026, April 29, 2026, and April 30, 2026). In accordance with the relevant regulations of the Shenzhen Stock Exchange, this constitutes an abnormal stock trading fluctuation.
II. Company's Verification and Explanation of Related Matters
Regarding the abnormal stock trading fluctuations, the Company has investigated the relevant matters and provides the following explanation:
- As of the disclosure date of this announcement, there are no necessary corrections or supplements to the information previously disclosed by the Company.
- The Company has not found any undisclosed material information recently reported by public media that may or has already had a significant impact on the Company's stock trading price.
- Currently, there have been no major changes in the Company's main business, and no significant changes have occurred in its production and operation or internal and external operating environment.
- The Company, its controlling shareholder, and actual controller have no material undisclosed matters concerning the Company, nor are there any material matters under planning.
- During the period of abnormal stock trading fluctuations, the Company's controlling shareholder and actual controller have not traded the Company's stock.