Lobo Technologies Enters Agreement To Accelerate Development And Deployment Of AI-Powered Senior Care Solutions In China

Lobo subsidiaries, LOBO TOKEN OPS LTD. and LOBO (Hangzhou) Data Service Co., Ltd., have entered into a strategic cooperation agreement (the "Agreement") with Land Crest Advisory Limited (Land Crest), a Hong Kong-registered advisory company that has access to resources of hundreds of community-based senior service centers across mainland China providing a full spectrum of convenient services for the elderly, to accelerate the development and deployment of AI-powered senior care solutions in China.Under the cooperation framework, Lobo is expected to act as the exclusive technology and product infrastructure partner for the planned AI-powered senior care initiatives planned by Land Crest. Its anticipated responsibilities include providing a senior care Software-as-a-Service (SaaS) and Internet of Things (IoT) platform, an AI data center, an online operating system, wearable intelligent hardware products, technical support, system maintenance and hardware supply. Land Crest and its associated service networks are expected to focus on market expansion, community service center development, local operating teams, offline service delivery, member acquisition and implementation at the community-level.The cooperation aims to establish an integrated AI-powered senior care service ecosystem connecting community demands, home-based senior care, member management, digital operations, IoT-enabled service delivery and intelligent hardware deployment. Community service locations and local operating centers are expected to serve as front-end user touchpoints, supported by Lobo’s AI platform, SISaaS system, IoT architecture and smart hardware infrastructure.China’s silver economy is projected to reach approximately RMB30 trillion by 2035, driven by an aging population of nearly 300 million and growing demand for home-based, community-based and technology-enabled senior care services. This long-term demographic and market trend presents opportunities for technology providers to support more accessible, connected and efficient senior care services.Through this exclusive cooperation, Lobo intends to combine its AI data center, SISaaS platform, IoT systems, smart wearable hardware products and supply chain capabilities with Land Crest’s related service networks, which currently cover about 5,000 communities across China and reach approximately 800,000 home-based senior-care members.Lobo believes that Land Crest’s extensive community footprint could provide a meaningful long-term foundation for expanding access to senior-care services. As China’s population continues to age, demand for health management, mobility assistance, home-based care, community support and connected care solutions may create opportunities for the parties to develop services tailored to the needs of older adults and their families.The planned cooperation is expected to support a range of potential applications, including intelligent mobility, health monitoring, wearable device connectivity, community service coordination, member management, remote data support and technology-enabled elderly care operations. The parties intend to advance implementation through project-specific arrangements, including purchase orders, service confirmations and local deployment plans.The Company believes the exclusive cooperation provides a practical foundation for advancing its AI-powered senior care strategy and accelerating its participation in China’s large and rapidly expanding silver economy. The actual deployment scale, hardware procurement volume, member growth, revenue contribution and financial impact will depend on subsequent project execution, market adoption, regulatory compliance, financing availability and operational performance.