Luda Technology Group Business Summary

Luda Technology Group Ltd (LUD) is a specialized industrial manufacturer and trader primarily focused on stainless and carbon steel flanges and fittings. The company generates revenue through two core business segments: the PRC Manufacturing segment, which produces high-precision steel flanges (blind, slip, and welding neck) and fittings (elbows, reducers, and tees) at its Taian City facility, and the Hong Kong Trading segment, which distributes steel pipes, valves, and tubing products. Serving a global clientele across the chemical, petrochemical, maritime, and manufacturing industries, Luda utilizes a direct sales model supported by a network spanning Asia, South America, Australia, Europe, and North America. In the competitive landscape, Luda operates as a niche small-cap player relative to diversified steel giants such as ArcelorMittal, Nucor Corporation, and Steel Dynamics Inc., distinguishing itself through specialized component manufacturing for high-pressure industrial applications. The company is led by founder Biu Ma, who serves as Chairman and CEO, bringing over 25 years of experience in the steel forging industry, having begun his career in his father’s steel business in 1999. He is supported by Chief Operating Officer and Director Liu Liangping, who has overseen procurement and operations since 2007, and Zhang Dajun, the General Manager of the company’s primary PRC subsidiary. Luda is a subsidiary of Diamond Horses Group Limited and maintains a board that includes independent directors such as corporate finance expert Shin Ho Chuen and academic Jonathan Jun Yan. Following its February 2025 IPO on the NYSE American, the leadership team has focused on a "15th Five-Year Plan" strategic blueprint centered on intelligent manufacturing and green shipping partnerships with major Chinese shipbuilders.