Summary by Futu AI
CBK Holdings Limited ("CBK Holdings") announced on July 15, 2024 that its wholly-owned subsidiary, Shen Hua Rong Trading (Shenzhen) Co., Ltd., has received notification from Home Depot to terminate the strategic cooperation memorandum of understanding between the two companies. The decision was due to the resignation of former chairman and executive director of CBK Holdings, Mr. Yue Dinglong, on July 10, 2024, who was the initiator and negotiator of the memorandum. CBK Holdings stated that the termination of the strategic cooperation memorandum and related potential cooperation will not have any significant adverse impact on the company's business or financial situation. The announcement also stated that all directors are responsible for the content of the announcement and confirm the accuracy of the information. The announcement has been published on the website of the Stock Exchange of Hong Kong and the official website of CBK Holdings.