Lobo Technologies Enters China’s Projected RMB30 Trillion Silver Economy via Exclusive AI-Powered Senior Care Cooperation
Key Highlights
- ➤Lobo (LOBO) signs exclusive China senior-care technology cooperation with Land Crest
- ➤Land Crest networks cover about 5,000 communities and 800,000 home-based members
- ➤China’s silver economy projected to reach approximately RMB30 trillion by 2035
- ➤Lobo will provide AI, SaaS, IoT, data-center and wearable hardware infrastructure
- ➤Deployment scale, procurement, revenue contribution and financial impact remain uncertain
Expert Statements
Huajian Xu, Chief Executive Officer of Lobo Technologies
“This collaboration represents an important step in Lobo’s strategy to enter the AI-powered senior care market with a practical, technology-enabled operating model. By combining Lobo’s AI data center, software platform, IoT systems and smart hardware capabilities with Land Crest’s nationwide community networks and local operating resources under an exclusive cooperation framework, we aim to develop a scalable, value-driven model for home-based and community-based senior care services across China. We believe this collaboration lays a solid foundation for exploring new application scenarios for the Company’s AI technologies across industries, addressing diverse demands brought by population aging and helping the Company capture long‑term growth opportunities”
HANGZHOU, China, Oct. 12, 2026 (GLOBE NEWSWIRE) -- Lobo Technologies Ltd. (Nasdaq: LOBO) (“Lobo” or the “Company”), an innovative manufacturer of electric mobility products and AI service provider, today announced that its 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.
Get started
Create a free account to read the full story.