Recent Updates — LUD
Luda Technology Group Limited announced that its subsidiary, Shenzhen Mayi Supply Chain Limited, entered into a one-year sales contract with Beijing Dasan Supply Chain Management Company, Limited on September 2, 2026. The agreement has a ceiling value of approximately USD 17.8 million (RMB 120 million) for the supply of rebar, wire rod, and steel pipe fittings. Actual revenue depends on purchase orders issued during the term. Luda Technology Group Limited is a manufacturer and trader of stainless steel and carbon steel flanges and fittings products.
Luda Technology Group Limited signed a sales blanket agreement worth approximately RMB1.6 billion with Shandong Yulong Petrochemical Company, Limited to supply pipeline fittings for the Yulong Island Refining and Chemical Integration Project (Phase one). This contract follows a previous tender win for stainless steel flanges for the same project. The company operates in the manufacturing and trading of stainless steel and carbon steel flanges and fittings products.
Luda Technology Group Limited announced the appointment of Dyna Segmen Ltd. as its authorized non-exclusive agent in Kazakhstan to expand its international sales and distribution network. The partnership aims to support future data centre infrastructure opportunities and strengthen the Company's presence in Central Asia across energy, oil and gas, and petrochemical sectors. Luda Technology Group Limited is a manufacturer and trader of stainless steel and carbon steel flanges and fittings products.
On June 18, 2026, Luda Technology Group Limited signed a memorandum of understanding to acquire a 55% stake in Asia AI Data Centre & Quantum Technology Company Limited. This transaction represents the company's strategic entry into the AI computing infrastructure and data center industry. Luda Technology Group Limited operates in the technology sector, focusing on expanding into AI infrastructure.
On June 18, 2026, the Board of Directors of Luda Technology Group Limited accepted the resignation of Ms. Liu Liangping from her position as a Director, effective immediately. Ms. Liu resigned to focus on the company's merger and acquisition projects, though she will retain her roles as Chief Operating Officer and within various subsidiaries. The resignation was not due to any disagreements regarding company operations, policies, or practices. Luda Technology Group Limited is a technology company involved in various business operations.