LOCKIN Hong Kong‑listed IPO Application Lapsed; No.1 Global Shipper of Vein‑recognition Smart Locks

NewTimeSpace News: The Hong‑Kong listing application submitted by Lockin Technology (Beijing) Co., Ltd. on 6 February 2026 has lapsed after the six‑month validity period expired. China Galaxy International was engaged as the original sole sponsor.

The Company is a pioneer of global AI‑driven home security steward solutions. Leveraging integrated "hardware‑software‑AI" technical capabilities, it delivers comprehensive solutions covering home‑and‑community security protection, intelligent management and home care centred on smart locks. According to Frost & Sullivan, Lockin Tech is the world’s first manufacturer to realise large‑scale mass production of vein‑recognition smart locks, representing the future development trend of smart‑lock products. In 2024, the Company secured the No.1 position globally for vein‑recognition smart‑lock shipments with a 10.5% market share. It ranked fourth globally for overall smart‑lock shipments, holding a 2.6% market share. In Chinese Mainland, 1.2 million smart‑lock units were shipped, taking the third spot with 5.8% market share.

At CES early in 2026, the Company unveiled V7 Max, the world’s first AI smart lock featuring long‑range wireless optical charging. The product was shortlisted for CNN’s “Best of CES 2026” and became the sole selected entry under the “Best Smart Home Tech” category. It also received the “Best of Innovation” award at the CES Innovation Awards.

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