Palm Corporation: Will permanently supplement working capital with the remaining 190 million yuan raised.

Palm Corporation announcement: The company will close the investment projects funded through the non-public issuance of stocks in 2015, namely the "Shejiang Industrial Park supporting project and Meixian Urban Expansion and Quality Improvement PPP project". After the completion of the fundraising projects, the remaining funds of 190 million yuan will be permanently allocated to supplement working capital for the company's daily operations.