LUD · Luda Technology Group Limited

Luda Technology Group Limited secured a significant RMB 160 million framework agreement through its subsidiary Luda (Taian) Industrial Company Limited, marking a key win in the competitive tender process for the Yulong Island Refining and Chemical Integration Project Phase One. This contract specifically covers medium and low pressure stainless steel flanges, aligning directly with the company's core manufacturing expertise in stainless steel and carbon steel products for large-scale industrial applications. The award validates Luda's technical capabilities and reliability in meeting stringent requirements of major petrochemical clients like Shangdong Yulong Petrochemical Company, Limited. Management highlights that this deal not only bolsters near-term financial performance but also strengthens the company's positioning as a trusted partner in the refining and chemical sectors. With an operational history exceeding 20 years and a global sales network spanning multiple continents, this contract supports Luda's strategy of pursuing high-quality, large-scale projects to drive sustainable growth and stakeholder returns. The framework nature suggests potential for ongoing supply commitments, further embedding Luda in this landmark initiative.