ST Palm's Related Party Yuzhi Group Compensates Debt of 34.77 Million Yuan and 100 Million Yuan

ST Palm announced that its indirect controlling shareholder, Yuzhi Group, a related party, has compensated part of the company's debt. On November 13, 2026, Yuzhi Group repaid a due loan of 34.77 million yuan to the Zhengzhou branch of Pudong Development Bank on behalf of the company, and repaid part of the principal and interest of a loan totaling 100 million yuan to the Zhengzhou branch of CITIC Bank. Yuzhi Group currently provides a guarantee limit of no more than 3.4 billion yuan for the company, valid for three years, and the company provides corresponding counter-guarantees and pays guarantee fees.

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