LOBO TECHNOLOGIES LTD. (NASDAQ:LOBO) ("LOBO" or "the Company"), an innovative electric mobility vehicles manufacturer and seller, today announced that its artificial intelligence (AI) products and large model application programming interface (API) services business generated over US$2 million in monthly revenue for July, just two months after commencing operations. This milestone demonstrates the strong momentum in the Company’s AI digital innovation strategy and its accelerating transition from initial deployment to scalable revenue generation.

Following the announcement of an initial US $15 million order for AI products and large model API services on June 2, 2026, the business has maintained robust growth momentum. Monthly revenue more than doubled, raising from under US$1 million in June to over US$2 million in July. This impressive growth demonstrates strong market recognition, increased customer adoption, and the successful execution of the Company’s go-to-market strategy. These encouraging early operating results lay a solid foundation for the scalable expansion of large model API services, and further bolster the Company’s confidence in its long-term growth prospects.