Lobo EV Technologies (LOBO) disposes Beijing LOBO unit for RMB 27M

Rhea-AI Filing Summary

Lobo EV Technologies Ltd. reports that its wholly owned subsidiary Jiangsu LOBO Electric Vehicle Co. Ltd completed the disposal of its subsidiary Beijing LOBO Intelligent Machine Co., Ltd on April 21, 2025. Beijing LOBO received total consideration of RMB 27,000,000 for this transaction, which was approved by the company’s board of directors.

The company states that its main business in China continues to focus on designing and manufacturing two-wheeled and three-wheeled electric vehicles and off-highway four-wheeled electric shuttles. Unaudited pro forma condensed combined financial statements as of and for the year ended December 31, 2024, reflecting this disposal, are filed as an exhibit.

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form 6-K

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of September 2025

Commission File Number: 001-41981

LOBO EV TECHNOLOGIES LTD.

(Registrant’s Name)

Gemini Mansion B 901, i Park, No. 18-17 Zhenze Rd
Xinwu District, Wuxi, Jiangsu
People’s Republic of China, 214111
(Address of Principal Executive Offices)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F ☒ Form 40-F ☐

Information Contained in this Form 6-K Report

On April 21, 2025, Jiangsu LOBO Electric Vehicle Co. Ltd (“Jiangsu LOBO”), a wholly-owned subsidiary of LOBO EV TECHNOLOGIES LTD., a British Virgin Islands business company (the “Company”), completed the disposal of Beijing LOBO Intelligent Machine Co., Ltd (“Beijing LOBO”), a wholly-owned subsidiary of Jiangsu LOBO. Beijing LOBO received total consideration of RMB 27,000,000 for the disposal.

The Company has received a valuation report of Beijing LOBO from a third-party valuation advisor. The disposal was approved by the board of directors of the Company. The main business of the Company in China still focuses on the design and manufacture of two-wheeled electric vehicles, three-wheeled electric vehicles and off-highway four-wheeled electric shuttles.

The financial statements of the Company as of and for the year ended December 31, 2024, the accompanying notes thereto, which are incorporated herein by reference, and the pro forma financial information as of and for the year ended December 31, 2024, are filed as Exhibit 99.1.

Financial Statements and Exhibits.

Exhibits

Exhibit No.		Description
99.1		LOBO EV TECHNOLOGIES LTD. Unaudited Pro Forma Condensed Combined Financial Statements as of December 31, 2024.

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

	Lobo EV Technologies Ltd.
Date: September 16, 2025	By:	/s/ Huajian Xu
	Name:	Huajian Xu
	Title:	Chief Executive Officer

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FAQ

What transaction did LOBO (LOBO) report in its latest Form 6-K?

LOBO reported that its subsidiary Jiangsu LOBO completed the disposal of Beijing LOBO Intelligent Machine Co., Ltd. The disposed subsidiary received total consideration of RMB 27,000,000, and the transaction was approved by the company’s board of directors.

How much consideration did Beijing LOBO receive in the disposal by LOBO (LOBO)?

Beijing LOBO received total consideration of RMB 27,000,000 in the disposal. This amount reflects the value agreed with the buyer and is supported by a valuation report from a third-party valuation advisor engaged by the company.

When was the disposal of Beijing LOBO by LOBO (LOBO) completed?

The disposal of Beijing LOBO Intelligent Machine Co., Ltd was completed on April 21, 2025. This date marks the closing of the transaction by Jiangsu LOBO Electric Vehicle Co. Ltd, the wholly owned subsidiary of Lobo EV Technologies Ltd.

Did LOBO (LOBO) obtain an independent valuation for Beijing LOBO before the disposal?

Yes. Lobo EV Technologies Ltd. obtained a valuation report for Beijing LOBO from a third-party valuation advisor. This external valuation supported the disposal terms, including the total consideration of RMB 27,000,000 received by Beijing LOBO.

What is LOBO (LOBO)’s main business focus in China after the disposal?

After the disposal, LOBO’s main business in China continues to focus on the design and manufacture of two-wheeled electric vehicles, three-wheeled electric vehicles, and off-highway four-wheeled electric shuttles, according to the company’s description.

What financial information did LOBO (LOBO) file with this Form 6-K?

LOBO filed unaudited pro forma condensed combined financial statements as of and for the year ended December 31, 2024, as Exhibit 99.1. These pro forma financials reflect the impact of the disposal of Beijing LOBO.