New Stock News | Luckin Technology's Hong Kong IPO prospectus has expired.

Luckin Technology (Beijing) Co., Ltd. (abbreviated as: Luckin Technology) submitted its Hong Kong stock prospectus on February 6, 2026, which will expire on August 6, 2026, six months later. At the time of submission, China Galaxy International was its sole sponsor. The prospectus shows that Luckin Technology is a pioneer in the global AI home safety steward (an AI-powered system that provides safety protection and specific home care functions for households). By leveraging the best integrated technological capabilities of "hardware + software + AI," the company offers comprehensive solutions centered around smart locks for home and community safety protection, smart management, and home care, thereby providing each household and community with a safe, convenient, and efficient home experience. According to Frost & Sullivan, Luckin Technology is the world's first company to achieve large-scale production of vein-based smart locks. In 2024, the company's shipment volume of vein smart locks ranked first globally, with a market share of 10.5%. According to the same source, the company's smart lock shipment volume ranked fourth globally, with a market share of 2.6%. In 2024, the company achieved a smart lock shipment volume of 1.2 million units in mainland China, ranking third with a market share of 5.8%.