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Luda Technology Group

LUD

Market cap $89.2M

3.93 USD

-0.02

0.51%

At close Updated Nov 11, 1:40 PM EST

1 day

-0.51%

5 days

4.24%

1 month

2.08%

3 months

-7.31%

6 months

-34.93%

Year to date

-50.75%

1 year

-28.68%

5 years

-1.75%

10 years

-1.75%

About: Luda Technology Group Ltd is a company principally engaged in the manufacture and sale of stainless steel and carbon steel flanges and fittings, and in the trading of steel pipes, valves, and other steel tubing products. The company has two operating segments: Hong Kong Trading and PRC Manufacturing. Hong Kong Trading mainly engages in the trading of flange and fitting products sourced from suppliers, and this operating segment is conducted through Luda HK. PRC Manufacturing represents the trading and manufacturing of the in-house flanges and fittings products. It generates the majority of its revenue from the PRC Manufacturing segment. Geographically, it generates the majority of its revenue from the People's Republic of China (PRC).

Employees: 160

Industrials Metal Fabrication

News

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Luda Technology Group Expands Mongolia-China Coal Trading Business with 1.05 Million Metric Ton Agreement with Shanghai Shouying Huifu Energy Development Co., Ltd.

Hong Kong, Nov. 09, 2026 (GLOBE NEWSWIRE) -- Luda Technology Group Limited (NYSE American: LUD) (the "Company" or "Luda Technology"), a manufacturer and trader of stainless steel and carbon steel flanges and fittings products, announced that its subsidiary, Luda Development Limited, has signed a new coal supply agreement with Shanghai Shouying Huifu Energy Development Co., Ltd. Under the new agreement, the Shanghai Shouying Huifu Energy Development Co., Ltd. will order a total of 1,050,000 metric tons of Mongolian thermal coal in batches over one year, from November 2, 2026 through November 2, 2027. This new agreement is in addition to the existing 440,000 metric ton commitment from customers, as announced on October 21, 2026. It brings the Company's total customer commitments in its Mongolia-China coal trading business to 1,490,000 metric tons.

Luda Technology Group Expands Mongolia-China Coal Trading Business with 1.05 Million Metric Ton Agreement with Shanghai Shouying Huifu Energy Development Co., Ltd.

Luda Technology Group Announces Execution of Acquisition of 55% Stake in Asia AI Data Centre & Quantum Technology and Signing MOU with Huazhi Future to Explore Strategic Opportunities in AI Infrastructure

Hong Kong, Oct. 30, 2026 (GLOBE NEWSWIRE) -- Luda Technology Group Limited (NYSE American: LUD) (the “Company” or “Luda Technology”), a manufacturer and trader of stainless steel and carbon steel flanges and fittings products, and a trader of coal, today announced that on October [29], 2026, it had executed a share purchase agreement (the “Agreement”) with Asia AI Data Centre & Quantum Technology Company Limited ("AI Data Quant Tech") to acquire a 55% stake in AI Data Quant Tech, following the previously announced memorandum of understanding entered into by the parties in relation to the transaction. The Agreement officially marks the Company's entry into computing infrastructure operations management.

Luda Technology Group Announces Execution of Acquisition of 55% Stake in Asia AI Data Centre & Quantum Technology and Signing MOU with Huazhi Future to Explore Strategic Opportunities in AI Infrastructure

Luda Technology Group Announces Entry into Mongolia-China Coal Trading Business and Long-Term Commodity Trading Strategy

Hong Kong, Oct. 21, 2026 (GLOBE NEWSWIRE) -- Luda Technology Group Limited (NYSE American: LUD) (the "Company" or "Luda Technology"), a manufacturer and trader of stainless steel and carbon steel flanges and fittings products, today announced its entry into the Mongolia-China coal trading business. The Company has entered into agreements with two customers in the Chinese market for the supply of, in aggregate, 440,000 metric tons of Mongolian thermal coal over one year, comprising of 220,000 metric tons per customer. For each customer, the commitments cover 20,000 metric tons to be supplied through November 30, 2026, and an additional 200,000 metric tons through October 14, 2027. These agreements mark the Company's expansion into commodity trading and provide the foundation for a broader long-term strategy focused on energy, metals, and marketable mineral products.

Luda Technology Group Announces Entry into Mongolia-China Coal Trading Business and Long-Term Commodity Trading Strategy

Luda Technology Group Signed Non-Binding MOU to Evaluate Proposed Acquisition of mining rights in the Jonsh Tolgoi Fluorspar Project in Mongolia

Hong Kong, Oct. 13, 2026 (GLOBE NEWSWIRE) -- Luda Technology Group Limited (NYSE American: LUD) (the "Company" or "Luda Technology"), a manufacturer and trader of stainless steel and carbon steel flanges and fittings products, today announced that it has entered into a non-binding, non-exclusive memorandum of understanding (the "MOU") with Chuluut-International LLC ("Chuluut-International") to evaluate the proposed acquisition of 100% of the legally transferable mining rights and related interests in the Jonsh Tolgoi fluorspar project (the "Project"). The proposed acquisition is intended to support Company's strategy to expand beyond its established metals manufacturing business into advanced industrial and technology supply chains by leveraging its extensive global agency network and strong supply chain management capabilities.

Luda Technology Group Signed Non-Binding MOU to Evaluate Proposed Acquisition of mining rights in the Jonsh Tolgoi Fluorspar Project in Mongolia

Luda Technology Group Limited Implements AI-Enabled Multi-Agent Inquiry and Quotation System to Accelerate Order Processing

Hong Kong, Sept. 08, 2026 (GLOBE NEWSWIRE) -- Luda Technology Group Limited (NYSE American: LUD) (the "Company" or "Luda Technology"), a manufacturer and trader of stainless steel and carbon steel flanges and fittings products, today announced the implementation of an AI-enabled inquiry and quotation system, advancing the Company's digital transformation initiative and strategy to drive operational efficiency and scalable growth.

Luda Technology Group Limited Implements AI-Enabled Multi-Agent Inquiry and Quotation System to Accelerate Order Processing

Luda Technology Group Subsidiary Secures One-Year Steel Products Sales Contract with Contract Value of approximately $17.8 Million

Hong Kong, Sept. 02, 2026 (GLOBE NEWSWIRE) -- Luda Technology Group Limited (NYSE American: LUD) (the “Company” or “Luda Technology”), a manufacturer and trader of stainless steel and carbon steel flanges and fittings products, announced its subsidiary, Shenzhen Mayi Supply Chain Limited (“Shenzhen Mayi”), has entered into a one-year sales contract with Beijing Dasan Supply Chain Management Company, Limited for the supply of rebar, wire rod and steel pipe fittings. The sales contract holds a contract ceiling value of approximately USD $17.8 million1 (RMB120 million).

Luda Technology Group Subsidiary Secures One-Year Steel Products Sales Contract with Contract Value of approximately $17.8 Million

Luda Technology Group Limited has signed a sales blanket agreement worth about RMB1.6 billion to supply pipeline fittings for the Yulong Island Refining and Chemical Integration Project (Phase one).

Hong Kong, July 31, 2026 (GLOBE NEWSWIRE) -- Luda Technology Group Limited (the “Company” or “Luda Technology”) (NYSE: LUD), a manufacturer and trader of stainless steel and carbon steel flanges and fittings products, announced today that the Company has signed a sales blanket agreement worth about RMB1.6 billion with Shandong Yulong Petrochemical Company, Limited to supply pipeline fittings for the Yulong Island Refining and Chemical Integration Project (Phase one).

Luda Technology Group Limited has signed a sales blanket agreement worth about RMB1.6 billion to supply pipeline fittings for the Yulong Island Refining and Chemical Integration Project (Phase one).

Luda Technology Group Limited Appoints Dyna Segmen Ltd. as Authorized Agent in Kazakhstan to Support Future Data Centre and Pipeline Opportunities

Hong Kong, July 17, 2026 (GLOBE NEWSWIRE) -- Luda Technology Group Limited (the “Company” or “Luda Technology”) (NYSE: LUD), a manufacturer and trader of stainless steel and carbon steel flanges and fittings products, announced today the appointment of Dyna Segmen Ltd. (“Dyna Segmen”) as its authorized non-exclusive agent in Kazakhstan.

Luda Technology Group Limited Appoints Dyna Segmen Ltd. as Authorized Agent in Kazakhstan to Support Future Data Centre and Pipeline Opportunities

Luda Technology Group Limited Signed MOU to Acquire 55% Shares in Asia AI Data Centre & Quantum Technology Company Limited, Marking Strategic Entry into Data Centre and AI Computing Infrastructure Industry

Hong Kong, June 18, 2026 (GLOBE NEWSWIRE) -- Luda Technology Group Limited (the "Company" or "Luda Technology"), (NYSE: LUD), a manufacturer and trader of stainless steel and carbon steel flanges and fittings products, announced today that the Company signed a memorandum of understanding (the "MOU") to acquire 55% shares in Asia AI Data Centre & Quantum Technology Company Limited (“Asia AI Quantum Technology”) with a consideration comprising cash of USD400,000 and issue of ordinary shares of the Company amounting to USD535,000. This proposal marks strategic entry into data centre and AI computing infrastructure industry.

Luda Technology Group Limited Signed MOU to Acquire 55% Shares in Asia AI Data Centre & Quantum Technology Company Limited, Marking Strategic Entry into Data Centre and AI Computing Infrastructure Industry

Luda Technology Group Limited Announces Strategic Exploration of the Global Data Centre Industry

Hong Kong, June 10, 2026 (GLOBE NEWSWIRE) -- Luda Technology Group Limited (the "Company" or "Luda Technology"), (NYSE: LUD), a manufacturer and trader of stainless steel and carbon steel flanges and fittings products, announced today that the Company is actively seeking investment opportunities within the global data centre industry. Luda Technology is optimistic about the long-term future of data centres and views this sector as a compelling avenue for diversifying its business concentration beyond its traditional markets.

Luda Technology Group Limited Announces Strategic Exploration of the Global Data Centre Industry

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