The company procures key components and raw materials, including batteries, motors, tires, battery chargers, and controllers, from external suppliers under typically one-year procurement agreements. In 2025, no single supplier accounted for more than 10% of total purchases. While the company utilizes multiple sources when possible, some components are sourced from a single supplier. Supply disruptions, price increases, and other external factors may materially affect the company's business and financial condition. Additionally, the company relies on enterprise resource planning systems, third-party partners, and cloud service providers for supply chain management and data storage.
Lobo Technologies Ltd's Comment on Supply Chain
The company procures key components and raw materials, including batteries, motors, tires, battery chargers, and controllers, from external suppliers under typically one-year procurement agreements. In 2025, no single supplier accounted for more than 10% of total purchases. While the company utilizes multiple sources when possible, some components are sourced from a single supplier. Supply disruptions, price increases, and other external factors may materially affect the company's business and financial condition. Additionally, the company relies on enterprise resource planning systems, third-party partners, and cloud service providers for supply chain management and data storage.
Sources:
Lobo Technologies Ltd 's official press releases and regulatory filings; CSIMarket.com's supply-chain research; and the financial filings and press releases of other companies cited in this report.
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