STOCK TITAN

Luda Technology (NYSE: LUD) signs MOU for 55% of Asia AI data centre company

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Luda Technology Group Limited signed a memorandum of understanding to acquire 55% of Asia AI Data Centre & Quantum Technology Company Limited. The proposed consideration totals USD400,000 in cash plus USD535,000 in Luda ordinary shares, marking a strategic move into data centre and AI computing infrastructure.

The shares will be acquired from Ms. Liu Liangping, Director and CEO of Asia AI Quantum Technology and Chief Operating Officer of Luda Technology. Ms. Liu is the spouse of Luda’s Director, CEO and ultimate beneficial owner, Mr. Ma Biu, and she resigned as a Luda director on June 18, 2026.

Asia AI Quantum Technology focuses on data centre development support and advanced cooling systems for AI and high-performance computing at a self-owned Hong Kong property. Luda’s management views this MOU as shifting its data centre strategy from exploration to execution and expects to begin generating revenue from an AI-related services segment as part of a broader diversification strategy.

Positive

  • None.

Negative

  • None.

Insights

Luda moves beyond steel into AI data infrastructure via a related-party MOU.

Luda Technology is proposing to acquire 55% of Asia AI Quantum Technology for a mix of USD400,000 cash and USD535,000 in shares. This would add exposure to data centres, AI computing infrastructure and advanced cooling systems alongside its established steel flanges and fittings business.

The deal involves a clear related-party element: the seller, Ms. Liu Liangping, is Asia AI Quantum Technology’s Director and CEO, Luda’s Chief Operating Officer, and spouse of Luda’s Director, CEO and ultimate beneficial owner, Mr. Ma Biu. Governance and pricing judgments therefore rely heavily on board oversight and disclosure.

Management frames the MOU as turning a data centre strategy from exploration into execution and anticipates future AI-related services revenue. Actual impact will depend on completion of definitive agreements and subsequent performance of the AI and data centre activities disclosed for Asia AI Quantum Technology.

Stake to be acquired 55% equity interest Proposed ownership in Asia AI Quantum Technology under the MOU
Cash consideration USD400,000 Cash portion of consideration for 55% stake
Share consideration USD535,000 in ordinary shares Value of Luda shares to be issued as part of consideration
Company history Over 20 years Operating history of Luda Technology’s steel business
Incorporation of Luda Development Limited 2004 Start of Luda’s trading of steel flanges and fittings
Establishment of Luda (Taian) Industrial 2005 Launch of self-owned manufacturing base in Taian City, China
memorandum of understanding financial
"announced today that the Company signed a memorandum of understanding (the “MOU”) to acquire 55% shares"
A memorandum of understanding (MOU) is a formal agreement between two or more parties that outlines their shared intentions and plans to work together. It acts like a handshake in writing, clarifying each side’s roles and expectations before any official contract is signed. For investors, an MOU signals that parties are serious about collaboration, which can influence future business opportunities and potential growth.
data centre development support technical
"implementing a business strategy involving data centre development support and advanced cooling systems for AI"
advanced cooling systems technical
"data centre development support and advanced cooling systems for AI, high-performance computing"
high-performance computing technical
"advanced cooling systems for AI, high-performance computing and related infrastructure projects"
A cluster of very powerful computers, special chips and fast networks designed to tackle huge, complex calculations far faster than a normal PC — like replacing a single delivery van with a synchronized fleet to move a city’s worth of packages. For investors, high-performance computing matters because it enables faster product development, more accurate simulations and data analysis, and new revenue streams for hardware, software and services, making firms that supply or use it potentially more competitive and scalable.
tokenomics financial
"aims to bridge the global tokenomics gap by delivering affordable, high-performance AI models"
Tokenomics is the set of rules and economic design behind a digital token — how many exist, how new ones are created or destroyed, who controls distribution, and what the token can be used for. Investors care because these factors shape scarcity, incentives and long-term demand much like a company’s business plan or a country’s money policy; a well-designed tokenomics model can support value, while poor design can lead to rapid loss of worth.
forward-looking statements regulatory
"Certain statements contained in this press release about future expectations... may constitute “forward-looking statements”"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of June 2026

 

Commission File Number: 001-42289

 

Luda Technology Group Limited

 

Rooms 1604-1605, 16/F, YF Life Centre

38 Gloucester Road, Wanchai

Hong Kong

(Address of principal executive office)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

 

Form 20-F          Form 40-F

 

 

 

 

 

INFORMATION CONTAINED IN THIS REPORT ON FORM 6-K

 

Press Release

 

On June 18, 2026, Luda Technology Group Limited (the “Company”) issued a press release, a copy of which are filed as Exhibit 99.1 hereto, and incorporated herein by reference, announcing the Company signed a memorandum of understanding to acquire 55% shares in Asia AI Data Centre & Quantum Technology Company Limited, marking strategic entry into data centre and AI computing infrastructure industry.

 

Exhibit Index

 

Exhibit No.   Description
99.1   Press Release dated June 18, 2026

 

1

 

SIGNATURES

 

Pursuant to the requirements of the Securities and Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

  Luda Technology Group Limited
     
  By: /s/ Ma Biu
  Name:  Ma Biu
  Title: Chief Executive Officer
     
Date: June 18, 2026    

 

2

 

Exhibit 99.1

 

 

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.

 

The acquisition shall be made from Ms. Liu Liangping (“Ms. Liu”) who serves as the Director and CEO of Asia AI Quantum Technology. Furthermore, Ms. Liu is the Chief Operating Officer of the Company whose Director, CEO and an ultimate beneficial owner is her spouse, Mr. Ma Biu. Ms. Liu previously also served as a Director of the Company until her resignation on June 18, 2026.

 

About Asia AI Quantum Technology

 

Asia AI Quantum Technology is currently implementing a business strategy involving data centre development support and advanced cooling systems for AI, high-performance computing and related infrastructure projects across Asia at its self-owned property located in Hong Kong. For further information, please visit https://www.aidataquantech.com/.

 

Management Commentary

 

Mr. Ma Biu, the CEO of the Company, emphasized the strong global competitiveness of Chinese AI models and Hong Kong’s role as a “superconnector” linking Mainland China’s cost-efficient AI ecosystem to international markets. Partnering with Asia AI Quantum Technology, the Company aims to bridge the global tokenomics gap by delivering affordable, high-performance AI models, data centre infrastructure, and advanced cooling systems. This MOU transforms our data centre strategy from exploration into execution. By combining Asia AI Quantum Technology’s full-chain development capabilities with a global network in Hong Kong, we are building a strong platform to deliver AI computing infrastructure and token access worldwide, while driving innovation in the steel manufacturing sector.

 

The Company anticipates that it shall be able to start realizing revenue from the AI-related services business segment. The proposed transaction reflects Luda Technology’s broader strategy of pursuing sustainable growth, diversification, and innovation.

 

 

 

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. 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. 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 media inquiries, please contact:

 

Luda Technology Group Limited – Investor Relations

 

Andrew Barwicki Inc.

Andrew J Barwicki

Email: andrew@barwicki.com

Phone: +1 516-662-9461

Website: https://ir.ludahk.com

 

 

 

FAQ

What transaction did Luda Technology Group Limited (LUD) announce in the June 2026 6-K?

Luda Technology signed a memorandum of understanding to acquire 55% of Asia AI Data Centre & Quantum Technology Company Limited. The consideration combines cash and newly issued Luda ordinary shares, signaling a move into data centre and AI computing infrastructure alongside its traditional steel products business.

How much will Luda Technology pay for the 55% stake in Asia AI Quantum Technology?

The proposed consideration totals USD400,000 in cash and USD535,000 in Luda ordinary shares. This mixed cash-and-equity structure gives the seller immediate liquidity while further aligning interests with Luda’s equity, subject to the transaction progressing beyond the memorandum of understanding stage.

Who is selling the 55% stake in Asia AI Quantum Technology to Luda Technology (LUD)?

The 55% stake will be acquired from Ms. Liu Liangping, Director and CEO of Asia AI Quantum Technology. She is also Luda’s Chief Operating Officer and the spouse of Luda’s Director, CEO and ultimate beneficial owner, Mr. Ma Biu, making this a related-party transaction.

What business is Asia AI Data Centre & Quantum Technology Company Limited engaged in?

Asia AI Quantum Technology is pursuing data centre development support and advanced cooling systems for AI and high-performance computing. Its strategy focuses on infrastructure projects across Asia from a self-owned property in Hong Kong, complementing Luda’s expansion into AI-related services and computing infrastructure.

How does this proposed acquisition fit Luda Technology Group Limited’s strategy?

Management describes the MOU as shifting its data centre strategy from exploration into execution. By partnering with Asia AI Quantum Technology, Luda seeks diversified, sustainable growth through AI computing infrastructure and token-related services, while continuing its core steel manufacturing and trading operations built over more than 20 years.

Did any leadership changes accompany Luda Technology’s MOU announcement?

The press release notes that Ms. Liu Liangping, the seller and COO of Luda, previously served as a director of Luda Technology. She resigned from the director role on June 18, 2026, the same date highlighted in the announcement, while remaining Chief Operating Officer and a key party in the proposed transaction.

Filing Exhibits & Attachments

1 document