Palm Holdings: Provided the difference to make up for the principal and interest of a trust loan of 283 million yuan for its subsidiary, Jishou Palms.

Palm Group announced that the company holds 90% equity of Jishou Palm Jishou, which is financing with Shanghai Trust to advance the PPP project. The company agrees to bear the difference obligation for its trust loan principal and interest, with an amount of 283 million yuan, provided for the project financing. Jishou Palm Jishou will provide project receivables as second-priority collateral. The proposal was approved by the board of directors on February 5 and will require shareholder approval. As of the disclosure date, the company's total external guarantees balance was 1.568 billion yuan, accounting for 94.53% of the net assets at the end of 2024.