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).

Hong Kong, July 31, 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 has signed a sales blanket agreement worth about RMB1.6 billion with Shandong Yulong Petrochemical Company, Limited to supply pipeline fittings for the Yulong Island Refining and Chemical Integration Project (Phase one).

Regarding the Yulong Island Refining and Chemical Integration Project (Phase One), the Company had previously secured a tender for the supply of stainless steel flanges. Building on this success, the Company has now entered into a sales blanket agreement for the supply of pipeline fittings. This further demonstrates the confidence that leading industry participants place in the Company's products and reflects customer’s trust in the Company's capabilities to support major industrial developments. The agreement highlights the Company's proven track record, technical expertise, and commitment to delivering high-quality products and solutions for large-scale projects. It also reaffirms the Company's ability to meet stringent customer requirements through reliable performance, superior product quality, and operational excellence. The Company is pleased to continue supporting the Yulong Island Refining and Chemical Integration Project and contributing to the successful execution of this landmark refining and petrochemical development.