Palm(SZ:002431) Sou Hu Cai Jing·2026-02-04 14:37Core Viewpoint - Palm Eco-Town Development Co., Ltd. has secured a significant contract for a high-standard farmland construction project in Shangqiu City, indicating growth potential and operational expansion for the company [1]. Financial Performance - As of February 4, 2026, Palm shares closed at 2.68 yuan, reflecting a 2.29% increase from the previous trading day, with a total market capitalization of 4.83 billion yuan [1]. - The stock opened at 2.63 yuan, reached a high of 2.68 yuan, and a low of 2.61 yuan, with a trading volume of 89.75 million yuan and a turnover rate of 1.88% [1]. Project Details - The company, through its wholly-owned subsidiary Henan Palm Water Conservancy Construction Development Co., Ltd., has formed a consortium with Henan Yanduo Construction Engineering Co., Ltd. to undertake the Shangqiu City high-standard farmland construction project [1]. - The total investment for the project is approximately 228.89 million yuan, covering a construction area of 90,900 acres, which includes the construction of 30,900 acres and the renovation of 60,000 acres [1]. - The bid price for the project is set at 99.86% of the total cost after fiscal review, with a design fee of 2,236,000 yuan, and the estimated amount for Henan Palm as the lead partner is around 22.8 million yuan [1]. - The project is scheduled to be completed within 360 calendar days, with funding sourced from ultra-long-term special government bonds and fiscal funds [1].