HK Stock Market Move | EASY SMART GP (02442) surged over 33% at market close. The company plans to rename itself "Life Future Port Holdings Group Limited."

EASY SMART GP (02442) surged more than 33% in the final trading session, with an increase of 32.08% to 3.87 Hong Kong dollars as of the time of writing, with a turnover of 1.5521 million Hong Kong dollars. In terms of news, EASY SMART GP announced that the board of directors recommended changing the company's Chinese dual foreign name from "EASY SMART GP Limited" to "Life Future Hong Kong Holdings Limited." It is worth noting that on August 18, EASY SMART GP shareholders transferred stocks from TF International Securities & Futures to Astor Lang Capital Management, with a portfolio value of 70.3423 million Hong Kong dollars, accounting for 5.92%. Public information shows that EASY SMART GP was listed on the Hong Kong Stock Exchange in May 2023. The company is a subcontractor specializing in passive fire engineering in Hong Kong, providing passive fire engineering through its main operating subsidiaries (namely, Yijun Engineering and Yijun Maintenance). As of the end of the fiscal year on June 30, 2022, the group ranked first in the Hong Kong passive fire engineering market by revenue, with a market share of approximately 25.5%.