| SCHEDULE OF ACTIVITIES OF LOBO AND EACH SUBSIDIARIES |
The
consolidated financial statements reflect the activities of LOBO and each of the following entities:
SCHEDULE OF ACTIVITIES OF LOBO AND EACH SUBSIDIARIES
| | |
| |
| |
Percentage | | |
|
| | |
Date of | |
Place of | |
of effective | | |
|
| Name | |
Incorporation | |
incorporation | |
ownership | | |
Principal
Activities |
| Wholly owned subsidiaries | |
| |
| |
| | | |
|
| LOBO Technologies Ltd (LOBO
BVI) | |
October 2021 | |
BVI | |
| 100 | % | |
Holding company |
| LOBO Holdings Ltd (LOBO HK) | |
November 2021 | |
HK | |
| 100 | % | |
Investment holding company |
| LOBO MATRIX INVEST LTD (LOBO MATRIX) | |
September 2024 | |
BVI | |
| 100 | % | |
Investment holding company |
| LOBO Scientific INC. (LOBO Scientific) | |
November 2024 | |
U.S. | |
| 100 | % | |
Investment holding company |
| Jiangsu LOBO Electric Vehicle Co. Ltd (Jiangsu
LOBO) | |
November 2021 | |
PRC | |
| 100 | % | |
WFOE, a holding company |
| Beijing LOBO Intelligent Machine Co., Ltd (Beijing
LOBO)* | |
August 2014 | |
PRC | |
| 100 | % | |
Domestic sales and outsourcing special models
of e-bicycle and UVT |
| Tianjin LOBO Intelligent Robot Co., Ltd (Tianjin
LOBO) | |
October 2021 | |
PRC | |
| 100 | % | |
Production of electric bicycles, urban tricycles
and elderly scooters |
| Guangzhou LOBO Intelligent Technologies Co.
Ltd (Guangzhou LOBO)* | |
May 2019 | |
PRC | |
| 100 | % | |
Software development for automotive electronics |
| Wuxi Jinbang Electric Vehicle Manufacture Co.,
Ltd (Wuxi Jinbang)* | |
October 2002 | |
PRC | |
| 85 | % | |
Production of electric bicycles and electric
moped |
| Tianjin Bibosch Intelligent Technologies Co.,
Ltd (Tianjin Bibosch) | |
March 2022 | |
PRC | |
| 100 | % | |
Foreign sales of e-bicycle and UVT |
| Wuxi Zella Technology Trading Co., Ltd. (Wuxi
Zella) | |
August 2024 | |
PRC | |
| 100 | % | |
Trade agency company |
| Dezhou LOBO Intelligent Manufacturing Co.,
Ltd. (Dezhou LOBO) | |
April 2025 | |
PRC | |
| 100 | % | |
Manufacture and Sale of General Equipment |
| LOBO (Hangzhou) Data Service Co., Ltd. | |
December, 2025 | |
PRC | |
| 100 | % | |
Data Technology Services |
| * |
The
Company has disposed the subsidiaries. |
|
| SCHEDULE OF DETAILS OF ENTITIES DISPOSED |
The gain arising from disposals was calculated as follows:
SCHEDULE
OF DETAILS OF ENTITIES DISPOSED
| | |
| | | |
| | | |
| | |
| | |
December 31, 2025 | | |
December 31, 2024 | |
| | |
Beijing LOBO | | |
Guangzhou LOBO | | |
Wuxi Jinbang | |
| Total assets | |
$ | 10,376,776 | | |
$ | 221,376 | | |
$ | 4,572,952 | |
| Total liabilities | |
| 6,671,161 | | |
| 842,393 | | |
| 3,322,166 | |
| Total net liabilities | |
| 3,705,615 | | |
| (621,017 | ) | |
| 1,250,786 | |
| Total non-controlling interest | |
| - | | |
| - | | |
| (187,618 | ) |
| | |
| | | |
| | | |
| | |
| Subtotal | |
| 3,705,615 | | |
| (621,017 | ) | |
| 1,063,168 | |
| Total consideration | |
| 3,756,522 | | |
| 2,501 | | |
| 1,275,762 | |
| Total gain on disposal of subsidiaries | |
$ | 50,907 | | |
$ | 623,518 | | |
$ | 212,594 | |
|