ST Palm announced that the company received the “Civil Complaint” and other documents served by the court on August 4, 2026. As a result of a loan contract dispute, Shanghai International Trust Co., Ltd. sued the company and Jishou Zongji Construction Project Management Co., Ltd., involving an amount of 322 million yuan, accounting for 76.49% of the company's 2025 audited net assets. As of the date of disclosure of the announcement, the court has accepted the case and has yet to hold a hearing. If the insured party ultimately fails to meet its repayment obligations, the company may be liable to cover the difference, which may adversely affect the financial situation.

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