Luda Technology Group Ltd entered into a non-binding, non-exclusive MOU with Chuluut-International LLC to evaluate a proposed acquisition of 100% of the legally transferable mining rights and related interests in Mongolia’s Jonsh Tolgoi fluorspar project. The parties referenced US$14.0 million in indicative consideration, currently expected to be paid in cash; it is not a fixed price and may be revised. They currently aim to close any agreed transaction on or before April 30, 2027, an indicative target. The MOU does not require either party to negotiate or complete a transaction, which would depend on due diligence, definitive agreements, Mongolian governmental and regulatory approvals, financing if required, and other conditions.
Supplied historical records cite a mine area of approximately 27 hectares and projected capacity of 9.0 thousand tonnes per year. Luda has not independently verified this information and does not treat it as a current mineral resource or reserve estimate. The company has no prior mining operating history and does not currently employ personnel with mining expertise; a mining acquisition or development would require qualified personnel, permits, and substantial additional capital investment.
Luda Technology Group Limited (LUD) appointed Liu Liangping as chief financial officer effective immediately on October 5, 2026. Yung Chi Man resigned as CFO effective immediately, citing personal consideration and confirming no disagreements with the company regarding its operations, policies or practices.
At the time of her appointment, Liu ceased serving as chief operating officer. She had served as a company director until June 18, 2026, and has served with a company subsidiary since April 2007. Liu is the spouse of director Ma Biu.
Luda Technology Group Ltd (LUD) has filed an amended Form F-3 shelf registration to offer, from time to time after effectiveness, up to US$30,000,000 of ordinary shares, warrants, units and rights. Any specific terms, prices and underwriters will be detailed in future prospectus supplements.
The company is a Cayman Islands holding company with operating subsidiaries in mainland China and Hong Kong engaged in manufacturing and trading stainless and carbon steel flanges, fittings and related products. It is both an emerging growth company and a foreign private issuer, which allows reduced U.S. disclosure and governance requirements, and it expects to remain a NYSE American "controlled company" through majority ownership by Diamond Horses Group Limited.
The filing highlights extensive PRC and Hong Kong regulatory risk, including potential oversight by the CAC and CSRC, evolving data and cybersecurity regimes, and the possibility that intervention by Chinese authorities could materially affect operations or render the ordinary shares significantly less valuable. Luda states it currently believes it has obtained all required PRC and Hong Kong permissions for its business and for issuing shares to foreign investors and that it is not required to undergo cybersecurity review based on its data footprint. The company also notes potential delisting risk under the Holding Foreign Companies Accountable Act if PCAOB access to inspect its auditors were impaired in the future.
Luda Technology Group Limited (LUD), a manufacturer and trader of stainless and carbon steel flanges and fittings, reports the implementation of an AI-enabled, multi-agent inquiry and quotation system as part of its digital transformation strategy to improve operational efficiency and scalable growth.
The new system has already reduced average quotation processing time from approximately 30 minutes to 3 minutes by automatically interpreting customer inquiries, searching validated internal data, and generating preliminary quotations for staff review. It builds client-specific inquiry profiles to recognize typical formats, preferred standards, and units of measurement, aiming to improve product matching, quotation precision, and customer retention.
The system operates under a human-in-the-loop framework in which all AI-generated quotations are checked and confirmed by authorized personnel, with a controlled, closed-loop learning mechanism that uses approved corrections to improve future accuracy. It is powered by Moonshot AI’s Kimi’s K3 model and incorporates a multi-agent architecture, retrieval-augmented generation, intelligent data search, and rules-based pricing logic. Management states that this initiative marks the beginning of broader AI integration across Luda Technology’s operations.
Luda Technology Group Limited (LUD) reported that its subsidiary, Shenzhen Mayi Supply Chain Limited, 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 contract has a contract ceiling value of approximately USD 17.8 million (RMB 120 million). Shenzhen Mayi plans to handle procurement, quality control, logistics and delivery under the Company’s existing commercial and risk-management processes, aiming to strengthen steel-products trading and supply-chain capabilities in Mainland China. Actual sales and revenue will depend on purchase orders, product mix, steel prices, delivery and acceptance, payment performance, and other contract conditions.
Luda Technology Group Limited (LUD) has filed a Form F-3 shelf registration to offer, from time to time, up to US$30,000,000 of ordinary shares, warrants, units and rights. As a smaller float issuer under Form F-3 Instruction I.B.5, it is limited to primary offerings of no more than one-third of its public float in any 12-month period; the non‑affiliate equity value is about US$11,405,600 based on 2,690,000 ordinary shares at US$4.24 as of August 12, 2026.
The company is a Cayman holding company with operating subsidiaries in mainland China and Hong Kong, manufacturing and trading steel flanges, fittings and related products, and highlights extensive PRC and Hong Kong regulatory, data, and cybersecurity frameworks, stating it currently believes it holds all necessary permissions. It also discloses HFCAA-related audit inspection risk, status as an emerging growth company, a foreign private issuer, and a controlled company, and notes prior dividends paid to its controlling shareholder. Net proceeds from any takedown are earmarked for general corporate purposes.
Luda Technology Group Limited, a Hong Kong–headquartered manufacturer and trader of stainless steel and carbon steel flanges and fittings, has signed a sales blanket agreement worth about RMB1.6 billion with Shandong Yulong Petrochemical Company, Limited. The agreement covers the supply of pipeline fittings for the Yulong Island Refining and Chemical Integration Project (Phase one) and follows an earlier tender the company secured for stainless steel flanges on the same project.
The company states that this new agreement demonstrates industry confidence in its products and capabilities, citing its technical expertise, track record and ability to meet stringent customer requirements. Luda Technology believes the contract will contribute to its financial performance, reinforce its role as a trusted supplier to the petrochemical and refining industries, and support its strategy of sustainable, long-term growth.
Luda Technology Group Limited, a Hong Kong–headquartered manufacturer and trader of stainless steel and carbon steel flanges, fittings and related pipeline products, appointed Dyna Segmen Ltd. as its authorized non-exclusive agent in Kazakhstan. Dyna Segmen will promote and distribute Luda’s pipeline products and support engagement with local industrial and infrastructure customers.
The agency arrangement is intended to strengthen Luda’s presence in Central Asia across energy, oil and gas, petrochemicals, utilities and other infrastructure sectors, while helping identify potential future data centre infrastructure opportunities. Luda emphasizes that it remains focused on its core pipeline-products business, supported by an international network of in‑market agents.
Luda Technology Group Limited filed Amendment No. 2 to its Form 20-F annual report for the year ended December 31, 2025. The amendment is solely to add Exhibit 12.1, the Chief Executive Officer certification, and Exhibit 12.2, the Chief Financial Officer certification required under Rule 13a-14(a). No financial statements or other disclosures from the original filing or Amendment No. 1 are changed, and the amendment does not reflect events after the original filing date. The company’s ordinary shares trade on NYSE American under the symbol LUD, with 22,690,000 ordinary shares outstanding as of December 31, 2025 and as of the date of the annual report.