Summary by Futu AI
On June 19th, 2024, Eden Palace Maternal and Infant Health Co., Ltd. ("Eden Palace") announced that it has reached a termination agreement with the placement agent and cancelled the new share placement originally scheduled under the general authorization. This termination agreement is effective immediately and terminates all rights, interests, obligations and responsibilities of both parties under the placement agreement. The board of directors of Eden Palace stated that the termination of the placement agreement will not have a significant adverse effect on the company's business operations and financial condition, and considering the future development and market conditions of the group, the company may consider other fund-raising activities in the future. The company will announce relevant matters in accordance with the rules of listing at the appropriate time.