Securities Code: 002431
Securities Abbreviation: ST Palm
Announcement No.: 2026-084
Palm Ecological Urban Development Co., Ltd.
Announcement on Abnormal Stock Trading Fluctuations
The Company and all members of the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and are free of any false records, misleading statements, or major omissions.
I. Introduction to Abnormal Stock Trading Fluctuations
The stock of Palm Ecological Urban Development Co., Ltd. (hereinafter referred to as the "Company") (Securities Abbreviation: ST Palm, Securities Code: 002431) experienced a cumulative closing price increase deviation exceeding 12% over three consecutive trading days (July 1, 2026, July 2, 2026, and July 3, 2026). In accordance with the relevant regulations of the Shenzhen Stock Exchange, this constitutes abnormal stock trading fluctuations.
II. Company's Verification and Explanation of Related Matters
Regarding the abnormal fluctuations in the Company's stock trading, the Company has investigated relevant matters and provides the following explanation: