Zhangyue Technology: Controlling shareholder responds to inquiry letter regarding abnormal stock fluctuations.

Palm Reading Technology announced that its controlling shareholder and actual controller, Cheng Xiang, replied to the inquiry letter regarding the abnormal fluctuations in the company's stock trading. As of now, besides the information that has already been publicly disclosed, there are no major issues that could have caused the abnormal fluctuations in the company's stock trading, such as major asset restructuring or share issuance. Furthermore, Cheng Xiang did not engage in buying or selling company stocks during this period of abnormal stock trading.