LOBO EV Receives Commitment for Support from Local Government [Yahoo! Finance]
LOBO EV TECHNOLOGIES LTD. - Ordinary shares (LOBO)
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Source: Yahoo! Finance
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
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