002431SZSE

Announcement on Cumulative New Litigation Cases

ST Palm Co., Ltd.·August 7, 2026·3 pages

✨ AI Summary

Palm Ecological Town Development Co., Ltd. announces new litigation and arbitration cases totaling RMB 31.5875 million between July 21 and August 6, 2026. These cases, primarily construction contract disputes, represent 7.50% of the company's 2025 audited net assets. No single case exceeds RMB 10 million or 10% of net assets. The company is actively responding, and some cases may result in frozen bank accounts.

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Palm Ecological Town Development Co., Ltd.

Announcement on Cumulative New Litigation Cases

The Company and the Board of Directors guarantee that the content of the information disclosure is true, accurate, and complete, and that there are no false records, misleading statements, or major omissions.

Palm Ecological Town Development Co., Ltd. (hereinafter referred to as the "Company") disclosed the "Announcement on Cumulative New Litigation Cases" (Announcement No.: 2026-090) on July 22, 2026. The announcement disclosed the cumulative new litigation and arbitration cases of the Company and its consolidated subsidiaries from July 15, 2026, to July 20, 2026. For details, please refer to the announcement disclosed by the Company on July 22, 2026, in the "China Securities Journal," "Shanghai Securities News," and the Juchao Information Network (www.cninfo.com.cn).

From July 21, 2026, to August 6, 2026, the Company added some small-amount litigation and arbitration cases, the details of which are as follows:

I. Basic Situation of Cumulative New Litigation and Arbitration Cases

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