HK Stock Market Move | CHINA BEST(00370) rises over 10% again, the company will apply to change its name to the Stock Exchange recently reached a strategic cooperation with Feng Sheng.

CHINA BEST (00370) rose by over 10%, reaching an increase of 8.39% at the time of publication, with a price of 1.68 Hong Kong dollars and a trading volume of 3.624 million Hong Kong dollars. On the news front, CHINA BEST previously announced that the company's name has been changed to "Hong Kong Siasun Robot & Automation Group Holdings Limited". The company is currently in the process of registering the name change with the Hong Kong Companies Registry in accordance with section 16 of the Companies Ordinance (Chapter 622 of the Laws of Hong Kong). After completing the registration of the new name with the Hong Kong Companies Registry, the company will apply for a new Chinese and English stock symbol with the Hong Kong Stock Exchange. It is worth noting that Hong Kong Siasun Robot & Automation, a subsidiary of Hong Kong Siasun Robot & Automation and Hong Kong Smart Property Management Group under Hong Kong Siasun Robot & Automation, have signed an Intelligent Siasun Robot & Automation Collaboration Framework Agreement with Da Cheng Environmental Technology. Da Cheng Environmental Technology is a subsidiary of FSE LIFESTYLE (00331) and Hong Shen has important use cases in property management and facility management services, comprehensive life services, and electromechanical engineering services. In addition, CHINA BEST has partnered with Da Cheng to establish Hong Kong Siasun Robot & Automation, and in March signed a contract for the Chongming Island Artificial Intelligence Healthcare Project, laying the groundwork for potential orders to be fulfilled.