Luda Technology Group Limited Announces 2024 full year results

Rhea-AI Summary

Luda Technology Group Limited (NYSE: LUD), a manufacturer and trader of stainless steel and carbon steel flanges and fittings products, announced the filing of its annual report Form 20-F for fiscal year 2024 with the SEC on April 30, 2025. The company has made its audited financial statements available through its investor relations website at ir.ludahk.com, where shareholders can request free hard copies of the complete financial statements.

Hong Kong, May 27, 2025 (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, today announced that on April 30, 2025, it completed and filed the Company's annual report on Form 20-F for the year ended December 31, 2024 (the "2024 Form 20-F") with the U.S. Securities and Exchange Commission (the "SEC").

Availability of Audited Financial Statements

Further information may be obtained from the Company’s web site at ir.ludahk.com. Shareholders may receive a hard copy of the Company’s complete audited financial statements free of charge upon request by submitting a request on the Company’s website.

About Luda Technology Group Limited

We are a manufacturer and trader of stainless steel and carbon steel flanges and fittings products. Our history began with Luda Development Limited, which was incorporated in Hong Kong in 2004 and is principally engaged in the trading of steel flanges and fittings. In 2005, the Company’s business expanded further upstream when Luda (Taian) Industrial Company Limited was set up to commence the manufacturing of flanges and fittings with self-owned factory in China. We have established an operation history of over 20 years. We are principally engaged in (i) the manufacture and sale of stainless steel and carbon steel flanges and fittings products, and (ii) trading of steel pipes, valves, and other steel tubing products. We are headquartered in Hong Kong with manufacturing base in Taian City, Shandong Province of the PRC. Our sales network comprises customers from China, South America, Australia, Europe, Asia (excluding China) and North America and our customers comprise manufacturers and traders from the chemical, petrochemical, maritime and manufacturing industries. For more information, please visit https://www.ludahk.com/en.

FORWARD-LOOKING STATEMENTS

Certain statements contained in this press release about future expectations, plans and prospects, as well as any other statements regarding matters that are not historical facts, may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, statements relating to the expected trading commencement and closing dates. The words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “target,” “will,” “would” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including: the uncertainties related to market conditions and the completion of the public offering on the anticipated terms or at all, and other factors discussed in the “Risk Factors” section of the preliminary prospectus filed with the SEC. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Any forward-looking statements contained in this press release speak only as of the date hereof, and Luda Technology Group Limited specifically disclaims any obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by law.

For more information, please contact:

Luda Technology Group Limited Investor Relations Contact:

Unit H, 13/F, Kaiser Estate Phase 2,
47-53 Man Yue Street, Hung Hom, Kowloon,
Hong Kong SAR, China
Phone: (+852) 2994 8774
Email: ir@ludahk.com

FAQ

When did Luda Technology (NYSE: LUD) file its 2024 annual report?

Luda Technology filed its 2024 Form 20-F annual report with the SEC on April 30, 2025.

What products does Luda Technology (NYSE: LUD) manufacture?

Luda Technology manufactures and trades stainless steel and carbon steel flanges and fittings products.

How can shareholders obtain Luda Technology's (LUD) 2024 financial statements?

Shareholders can access the financial statements through ir.ludahk.com and request free hard copies through the company's website.

What type of annual report form does Luda Technology (LUD) file with the SEC?

Luda Technology files Form 20-F, which is the annual report form used by foreign private issuers.