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Stock impact report

LOBO EV Receives Commitment for Support from Local Government

LOBO EV TECHNOLOGIES LTD. - Ordinary shares (LOBO) 
Company Research Source: GlobeNewswire
WUXI, China, April 08, 2024 (GLOBE NEWSWIRE) -- LOBO EV Technologies Ltd. (Nasdaq: LOBO) (“LOBO” or the “Company”), an innovative electric vehicle manufacturer and seller, today announced it received a pledge of support from the Xinwu District government in Jiangsu Province. This support, announced at a gala dinner celebrating LOBO's successful Nasdaq IPO, underscores the Company's role in spearheading the global electric mobility revolution from its base in Wuxi. 1 - LOBO EV celebrates Nasdaq listing at gala dinner sponsored by Xinwu District government officials. During a celebratory dinner, Guodong Gu, the Vice Governor of Xinwu District, stated, “The listing on Nasdaq is a critical milestone for LOBO’s international business expansion. By becoming a publicly traded company in the US, LOBO sets a precedent for local SMEs to leverage global capital markets for growth and development.” Mr. Gu further emphasized the alignment of LOBO’s strategic direction with the local governm Show less Read more
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