Ourpalm Co.,Ltd. announcement, the 18th meeting of the fifth board of directors of the company approved the proposal to absorb and merge the wholly-owned subsidiary Beijing Huayu Juyou Technology Development Co., Ltd. After the merger is completed, Huayu Juyou will be dissolved and liquidated, and its assets, liabilities, etc. will be inherited by Ourpalm Co.,Ltd. This move aims to optimize resource allocation, improve operational efficiency, does not constitute a related party trade or major asset restructuring, and does not require submission to the shareholders' meeting for approval.