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RMB 160m contract win for Luda Technology (NYSE: LUD) in China

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

Rhea-AI Filing Summary

Luda Technology Group Limited reported that its subsidiary Luda (Taian) Industrial Company Limited has won a significant tender from Shangdong Yulong Petrochemical Company, Limited for the China Yulong Island Refining and Chemical Integration Project (Phase One) in China.

The award covers a framework agreement for medium and low pressure stainless steel flanges, with a total contract value exceeding RMB 160 million. Luda describes this as underscoring its technical capabilities and reliability in large-scale industrial projects and believes the contract will enhance its financial performance and reputation in the petrochemical and refining sectors.

Positive

  • None.

Negative

  • None.
Contract value exceeding RMB 160 million Tender for Yulong Island Refining and Chemical Integration Project (Phase One)
framework agreement financial
"The award covers the medium and low pressure stainless steel flanges framework agreement"
A framework agreement is a standing contract that lays out general rules, pricing ranges, and how the parties will work together when they later sign specific orders or projects — like an umbrella that covers future deals without fixing every detail up front. Investors watch these because they make future revenue more predictable, can speed up repeat business, and may signal the scale or stability of upcoming sales, reducing uncertainty about a company’s growth.
forward-looking statements regulatory
"Certain statements contained in this press release ... 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.
Private Securities Litigation Reform Act of 1995 regulatory
"within the meaning of the Private Securities Litigation Reform Act of 1995"
public offering financial
"including: the uncertainties related to market conditions and the completion of the public offering"
A public offering is when a company sells shares to the general public through the stock market, either by issuing new shares to raise cash or by letting existing owners sell their stakes. Think of it like a business opening its doors to many new owners at once: it can bring in money for growth but also increases the number of shares available, which can change the stock price and dilute existing ownership — key factors investors watch closely.
Risk Factors regulatory
"and other factors discussed in the “Risk Factors” section of the preliminary prospectus"
Risk factors are elements or conditions that could cause an investment's value to decrease or lead to potential losses. They are like warning signs or obstacles that can affect the success of an investment, making it uncertain or more unpredictable. Recognizing risk factors helps investors understand the possible challenges and make more informed decisions.

 

 

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 April 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 April 15, 2026, Luda Technology Group Limited (the “Company”) issued a press release. The press release announces the Company Wins a Significant Tender for China Yulong Island Refining and Chemical Integration Project (Phase One), and is filed as exhibit 99.1 to this Form 6-K.

 

Financial Statements and Exhibits.

 

The following exhibits are being filed herewith:

 

Exhibit No.   Description
99.1   Luda Technology Group Limited Wins a Significant Tender for China Yulong Island Refining and Chemical Integration Project (Phase One)

 

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: April 15, 2026    

 

 

2

 

 

Exhibit 99.1

 

 

Luda Technology Group Limited (NYSE: LUD)

 

Luda Technology Group Limited Wins a Significant Tender for China Yulong Island Refining and Chemical Integration Project (Phase One)

 

Hong Kong, Apr. 15, 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 a subsidiary of the Company, Luda (Taian) Industrial Company Limited has been awarded a significant tender by Shangdong Yulong Petrochemical Company, Limited for the Yulong Island Refining and Chemical Integration Project (Phase One) located in China. The award covers the medium and low pressure stainless steel flanges framework agreement, with a total contract value exceeding RMB 160 million.

 

This successful bid underscores the Company’s proven capabilities, technical expertise and strong commitment to delivering high-quality solutions for large-scale industrial projects. It further demonstrates the Company's ability to meet stringent customer requirements with excellence and reliability. The Company looks forward to supporting its customers in advancing this landmark initiative and contributing to the successful execution of extensive refining and chemical integrations.

 

The Company believes that this major award not only enhances its financial performance but also reinforces its reputation as a trusted partner in the petrochemical and refining sectors, thereby supporting sustainable growth and continued returns for all stakeholders. The Company remains dedicated to creating long-term value by consistently pursuing high-quality contracts and delivering innovative solutions.

 

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 enquiry, please contact:

 

Luda Technology Group Limited

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

38 Gloucester Road, Wanchai,

Hong Kong

Email: ir@ludahk.com

Phone: +852 2994 8774

 

FAQ

What did Luda Technology Group Limited (LUD) announce in this Form 6-K?

Luda Technology Group Limited announced a major contract win. Its subsidiary secured a significant tender from Shangdong Yulong Petrochemical for the China Yulong Island Refining and Chemical Integration Project (Phase One), covering a framework agreement for stainless steel flanges.

What is the value of Luda Technology Group Limited’s new tender for the Yulong Island project?

The contract value exceeds RMB 160 million. The award relates to a framework agreement for medium and low pressure stainless steel flanges, which the company highlights as an important large-scale industrial project in China’s petrochemical and refining sectors.

Which subsidiary of Luda Technology Group Limited (LUD) won the Yulong Island project tender?

Luda (Taian) Industrial Company Limited won the tender. This subsidiary, part of Luda Technology Group Limited, will supply medium and low pressure stainless steel flanges under a framework agreement for the China Yulong Island Refining and Chemical Integration Project (Phase One).

Who is the customer for Luda Technology Group Limited’s new RMB 160 million contract?

The customer is Shangdong Yulong Petrochemical Company, Limited. Luda’s subsidiary will provide stainless steel flanges under a framework agreement for Shangdong Yulong Petrochemical’s China Yulong Island Refining and Chemical Integration Project (Phase One) located in China.

How does Luda Technology Group Limited describe the impact of this tender win?

The company believes the award enhances both financial performance and reputation. Luda says the contract validates its capabilities, supports its role as a trusted partner in petrochemical and refining sectors, and aligns with its focus on sustainable growth and long-term stakeholder value.

What business does Luda Technology Group Limited (LUD) operate in globally?

Luda manufactures and trades steel flanges, fittings, and related products. It makes stainless steel and carbon steel flanges and fittings, and trades steel pipes, valves and other tubing products, serving customers across China, South America, Australia, Europe, Asia and North America.

Filing Exhibits & Attachments

1 document