Business Context and Reporting Period
This Form 6-K filing by Lobo EV Technologies Ltd. (the "Company") covers the month of July 2025. The report details a change in the composition of the Board of Directors, specifically the resignation of an independent director and the appointment of a successor.
Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report is a disclosure of corporate governance changes and does not contain financial statements or performance metrics.
Material Changes
- Resignation: Ms. Ye Ren resigned as an independent director, chairwoman of the compensation committee, and member of the audit and nominating and governance committees, effective July 14, 2025.
- Appointment: Dr. Yan Lu was appointed as an independent director on July 15, 2025, to fill the vacancy created by Ms. Ren's resignation.
Management Commentary and Background
Dr. Yan Lu brings over 20 years of combined academic, industry, and consulting experience. Her background includes:
- Professor of Finance at the University of Central Florida (since March 2025).
- Previous roles as Associate and Assistant Professor of Finance at the University of Central Florida (2015–2025).
- Financial consultant at Butler Plaza Inc. (2010–2011).
- Senior management officer at Kwah Group (2004–2009).
- Education: Ph.D. in Finance from the University of Florida (2015), MBA in Finance (2012), and Master of Science in Real Estate (2010).
The Company confirmed that Dr. Lu has no family relationships with executive officers or directors and no material transactions with the Company in the past two years.
Key Facts for Investor Verification
- Verify the effective dates of Ms. Ren's resignation and Dr. Lu's appointment (July 14 and July 15, 2025, respectively).
- Confirm Dr. Lu's qualifications and lack of conflicts of interest as disclosed.
- Note that this filing contains no financial data; investors should refer to Form 20-F for financial performance.