SKG: HKEX IPO Application Lapses; Leading Massage Device Brand

NewTimeSpace News: The Main Board listing application filed by SKG Health Technologies Co., Ltd. with the Hong Kong Stock Exchange on 17 December 2025 has now lapsed after the six-month statutory validity window expired, with China Construction Bank International acting as the original sole sponsor.

Since 2016, SKG has focused on intelligent wearable health equipment, committed to empowering healthier lifestyles through technology. The Company translates clinical medical technologies into portable consumer electronics to simplify daily health management, building a diversified product portfolio covering intelligent soothing wearables, post-exercise recovery & shaping devices, smart health watches and home wellness appliances. Multiple flagship products pioneered the industry by innovatively adopting professional technologies including medium-frequency pulse and transcutaneous electrical nerve stimulation (TENS).

Per Frost & Sullivan statistics, ranked by GMV, SKG leads all Chinese enterprises in the domestic intelligent soothing wearable device market, holding a 21.5% market share in 2024. As an industrial frontrunner, the Company participates in industry standard-setting initiated by the Ministry of Industry and Information Technology, and led the drafting of the national standard Household and Similar Low-Frequency Massage Devices.

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