Palm Co., Ltd. announced that Henan Palm Construction and Development Co., Ltd., a wholly-owned subsidiary of the company, as a member of the consortium, won the bid for the 2024 50,000 mu high-standard farmland construction, renovation and upgrading (demonstration zone) project, including Wagang Town in Tangyin County, and won the bid price of 181 million yuan, of which Henan Brown Construction involved construction and security costs of about 178 million yuan. The construction period of the project is 24 months, which is expected to have a positive impact on the company's 2024 and future performance.
棕榈股份：子公司河南棕建联合体中标1.81亿高标准农田项目
Palm Co., Ltd.: The subsidiary Henan Brown Construction Consortium won the bid for 181 million high-standard farmland projects
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