Luda Technology Group Limited
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $97.1M
- Price
- $4.28
- % Change (Daily % change from the live per-ticker quote feed.)
- -0.24%
- Volume
- 6.1K
About
Luda Technology Group Limited, operating through its various divisions, specializes in the global production and distribution of stainless steel and carbon steel flanges and fittings. Its extensive market reach encompasses China, South America, Australia, Europe, North America, and other parts of Asia. Furthermore, the company is active in the wholesale supply of steel pipes, valves, and diverse steel tubing components. Its client base primarily includes manufacturing firms and traders within the chemical, petrochemical, maritime, and general manufacturing sectors. Established in 2021, the company's main office is located in Hung Hom, Hong Kong, and it functions as a subsidiary of Diamond Horses Group Limited.
Quick stats
Shares outstanding22.7M
Computed float2.7M
Float / shares11.9%
Key info
SectorBasic Materials
IndustrySteel
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0001984124
Websitehttps://www.ludahk.com
AI Summary
AI-generated1/23
majorbullishoperations update
Luda Technology Group Limited has signed a sales blanket agreement worth about RMB1.6 billion to supply pipeline fittings for the Yulong Island Refining and Chemical Integration Project (Phase one).
Luda Technology signed a sales blanket agreement worth approximately RMB 1.6 billion with Shandong Yulong Petrochemical to supply pipeline fittings for the Yulong Island Refining and Chemical Integration Project (Phase one).
This new agreement expands on a previous tender win for stainless steel flanges, deepening the company's role in this major infrastructure project.
Management expects the contract to significantly contribute to financial performance and strengthen its position as a trusted supplier in the petrochemical industry.