LOBO Secures Over US $5 Million in Orders at the 138th Canton Fair
Rhea-AI Summary
LOBO (Nasdaq: LOBO) secured more than US $5 million in confirmed orders at the 138th Canton Fair on October 22, 2025, a 40% increase versus the prior year’s event.
Highlights include over 50 purchase orders, the largest single order at approximately $150,000 from Ecuador, renewed a long-term U.S. distribution agreement, and the first American orders for LOBO’s new extended-range electric golf and sightseeing carts. The company says the aggregate value of orders from the 2025 spring and autumn Canton Fairs rose ~40% versus 2024 and supports management’s target of >30% revenue growth in both 2025 and 2026.
Positive
- Confirmed orders totaling >US $5 million
- Order volume +40% versus prior year Canton Fair
- 50+ purchase orders signed at the event
- Renewed U.S. distribution agreement and first U.S. orders for new carts
- Management target of >30% revenue growth in 2025 and 2026 supported
Negative
- U.S. market was previously impacted by trading policies through H2 2024
- Largest single confirmed order was only about $150,000, indicating fragmented order sizes
News Market Reaction 10 Alerts
On the day this news was published, LOBO declined 2.73%, reflecting a moderate negative market reaction. Argus tracked a peak move of +10.3% during that session. Our momentum scanner triggered 10 alerts that day, indicating notable trading interest and price volatility. This price movement removed approximately $367K from the company's valuation, bringing the market cap to $13M at that time.
Data tracked by StockTitan Argus on the day of publication.
WUXI, China, Oct. 22, 2025 (GLOBE NEWSWIRE) -- LOBO Technologies Ltd. (Nasdaq: LOBO), a developer and manufacturer of electric mobility and smart products, today announced that it secured more than US
Autumn Fair Highlights
- Welcomed approximately 300 buyers from over 40 countries, with a higher-than-expected share of visitors from South America and Europe.
- Signed more than 50 purchase orders totaling over US
$5 million ; the largest single order, might value at approximately US$150,000 , was from Ecuador. - Renewed a long-term U.S. distribution agreement and received the first American orders for LOBO’s new extended-range electric golf and sightseeing carts—reopening a key market previously impacted by trading policies since next half of 2024.
Customer Feedback
Mr. Feiswal Sharifu Lali, a managing director of Kenya-based company, commended LOBO’s cargo utility e-bike for their “excellent pass-ability and range on African roads” and praised the after-sales engineering team for “delivering on its customer-first philosophy of helping dealers succeed.”
Growth Outlook
The aggregate value of orders secured during LOBO’s participation in the 2025 spring and autumn Canton Fairs increased by approximately
Canton Fair Advantage
As one of the world’s largest trade exhibition, the Canton Fair provides LOBO with a global platform to engage hundreds of distributors, execute dozens of letters of intent across Asia, Africa, Europe, and the Americas, and structure customized distribution packages to accelerate international market expansion.
Looking Ahead
LOBO remains committed to continuous innovation and product development, working closely with its distributors and partners worldwide to advance sustainable electric mobility solutions.
About Canton Fair:
As a world-leading trade event, the Canton Fair is held twice a year in Guangzhou, China. It gathers thousands of high-quality enterprises and a large number of purchasers globally. It is not only a stage to display products but also a golden platform for exploring business opportunities and establishing long-term cooperation.
About LOBO
LOBO is an electric mobility products manufacturer. It is a certified high-tech company specializing in manufacturing a wide range of eco-friendly electric vehicles and home-used robotic products. It also is a golden plus supplier verified by Alibaba.com. Its products include e-bicycles, electric motorcycles, e-tricycles, electric off-road four-wheeled shuttles such as golf carts and elderly scooters, solar-powered vehicles as well as smart products. By leveraging cutting-edge technology and sustainable practices, LOBO aims to promote eco-friendly transportation options that reduce carbon footprints and enhance energy efficiency.
Forward Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (the “Securities Act”) as well as Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995, as amended, that are intended to be covered by the safe harbor created by those sections. Forward-looking statements, which are based on certain assumptions and describe the Company’s future plans, strategies and expectations, can generally be identified by the use of forward-looking terms such as “believe,” “expect,” “may,” “will,”,“likely” or other comparable terms, although not all forward-looking statements contain these identifying words. All statements other than statements of historical facts included in this press release are forward-looking statements. LOBO undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events except as required by law. You should read this press release with the understanding that our actual future results may be materially different from what we expect.
For more information, contact:
Zane Xu
IR Manager
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/ce86ac61-59af-448e-8b43-256937cc8dac
FAQ
How much in confirmed orders did LOBO (Nasdaq: LOBO) secure at the 138th Canton Fair on October 22, 2025?
By what percentage did LOBO's Canton Fair orders increase year-over-year for 2025?
What notable U.S. developments did LOBO announce at the October 22, 2025 Canton Fair?
How many purchase orders did LOBO sign at the 138th Canton Fair and what was the largest order?
Does LOBO expect these Canton Fair orders to affect revenue guidance for 2025 and 2026?
Which regions showed stronger buyer presence for LOBO at the 138th Canton Fair?
