Business Context and Reporting Period
This Form 6-K filing by LOBO EV Technologies Ltd. (a British Virgin Islands company) covers the month of September 2025, with the report signed on September 16, 2025. The Company's principal executive offices are located in Wuxi, Jiangsu, People's Republic of China. Its core business remains focused on the design and manufacture of two-wheeled electric vehicles, three-wheeled electric vehicles, and off-highway four-wheeled electric shuttles.
Key Financial Metrics
The filing does not provide specific revenue, profit, cash flow, margin, debt, or liquidity figures for the current period. It references the Company's financial statements for the year ended December 31, 2024, and pro forma financial information as of that date, which are incorporated by reference in Exhibit 99.1.
Transaction Specifics:
- Disposal Proceeds: RMB 27,000,000 received for the sale of Beijing LOBO Intelligent Machine Co., Ltd.
- Valuation: A third-party valuation report was obtained for the disposed subsidiary.
Material Changes
The primary material change reported is the completion of the disposal of Beijing LOBO Intelligent Machine Co., Ltd., a wholly-owned subsidiary of Jiangsu LOBO Electric Vehicle Co. Ltd. (a wholly-owned subsidiary of the Company). This transaction was approved by the Board of Directors on April 21, 2025. The filing does not provide comparative financial data to quantify the impact on year-over-year performance.
Guidance, Outlook, and Risks
The filing contains no forward-looking guidance, specific management commentary on future outlook, or detailed risk factors beyond the disclosure of the asset disposal. The Company confirms that its main business focus in China remains unchanged following the transaction. No unusual items or contingencies are explicitly detailed in the text of this report.
Investor Verification Checklist
- Review Exhibit 99.1 for the Unaudited Pro Forma Condensed Combined Financial Statements as of December 31, 2024, to understand the financial impact of the disposal.
- Verify the third-party valuation report details for Beijing LOBO to assess the fairness of the RMB 27,000,000 consideration.
- Confirm the operational status of the remaining subsidiaries following the divestiture of Beijing LOBO.
- Check subsequent filings for updated revenue and profit metrics, as this report does not contain current period financial results.