{"success":true,"data":{"pressRelease":{"id":"39289","rtpr_id":"nGNEwdjJM","ticker":"LUD","exchange":"NYSE","all_tickers":["LUD"],"title":"Luda Technology Group Limited Announces Appointment of Authorized Agents Across Brazil, Colombia, Bolivia, Ecuador and Malaysia to Accelerate Global Expansion","author":"Globe Newswire","published_at":"2026-05-19T13:00:01.111Z","article_body":"Hong Kong, May 19, 2026 (GLOBE NEWSWIRE) -- Luda Technology Group Limited (the\n“Company” or “Luda Technology”), (NYSE: LUD), a manufacturer and\ntrader of stainless steel and carbon steel flanges and fittings products,\nannounced today the official appointment of authorized agents across five\nstrategic markets — Brazil, Colombia, Bolivia, Ecuador and Malaysia. This\nmilestone marks the first major step in the Company’s ambitious global\nexpansion strategy, designed to broaden its international footprint,\nstrengthen its sales network, and bring its premium pipeline product portfolio\ncloser to customers worldwide.\n\nThe newly appointed agents represent established, reputable industry players\nwith deep market knowledge and strong customer networks in their respective\nregions. Through these partnerships, Luda Technology aims to deliver enhanced\nservice, faster response times, and greater accessibility to its world-class\npipeline solutions across Latin America and Southeast Asia.\n\nA Strategic Step Toward Global Outreach\n\nMr. MA Biu, the Chief Executive Officer of Luda Technology, commented, “The\nappointment of these authorized agents represents a pivotal moment in the\nCompany’s journey toward greater global expansion. Each of these partners\nbrings unique regional expertise, established customer relationships, and a\nshared commitment to quality and excellence. Together, we are positioned to\nexpand the reach of our high-quality pipeline products and deliver tangible\nvalue to industries across these key markets.”\n\nLuda Technology will continue to proactively identify and appoint additional\nagents — both on an exclusive and non-exclusive basis — across other\nstrategic regions globally, as part of its long-term vision to build a robust,\nworld-class international distribution network.\n\nNewly Appointed Authorized Agents\n\n 1. Brazil \n \n - 4Tube Comércio Importação e Exportação Ltda. (non-exclusive) \n \n - QG Indústria e Comércio de Acessórios Industriais Ltda. (non-exclusive) \n \n 2. Colombia \n \n - TUVACOL S.A. (non-exclusive) \n \n 3. Bolivia \n \n - SERVIPETROL LTDA. (non-exclusive) \n \n 4. Ecuador \n \n - ELLOIL CIA. LTDA. (non-exclusive) \n \n 5. Malaysia \n \n - DYNA SEGMEN SDN BHD. (exclusive) \n\nLooking Ahead\n\nThis first wave of appointments represents only the beginning of the\nCompany’s global outreach initiative. Luda Technology intends to continue\nstrengthening its international presence by establishing further partnerships\nwith qualified agents and stockists worldwide, on both exclusive and\nnon-exclusive bases, ensuring that customers across diverse industries —\nfrom oil and gas to petrochemicals, water management, and infrastructure —\ngain reliable access to Luda’s industry-leading pipeline products. By\naligning with trusted regional partners, Luda Technology reinforces its\ncommitment to delivering quality, reliability, and innovation, while\naccelerating its mission to become a preferred global manufacturer of pipeline\nsolutions.\n\nFor more information, please visit Luda Technology’s official website\nAgencies page (https://www.ludahk.com/en/agencies) or contact our investor\nrelations team.\n\nAbout Luda Technology Group Limited\n\nWe are a manufacturer and trader of stainless steel and carbon steel flanges\nand fittings products. Our history began with Luda Development Limited, which\nwas incorporated in Hong Kong in 2004 and is principally engaged in the\ntrading of steel flanges and fittings. In 2005, the Company’s business\nexpanded further upstream when Luda (Taian) Industrial Company Limited was set\nup to commence the manufacturing of flanges and fittings with self-owned\nfactory in China. We have established an operation history of over 20 years.\nWe are principally engaged in (i) the manufacture and sale of stainless steel\nand carbon steel flanges and fittings products, and (ii) trading of steel\npipes, valves, and other steel tubing products. We are headquartered in Hong\nKong with manufacturing base in Taian City, Shandong Province of the PRC. Our\nsales network comprises customers from China, South America, Australia,\nEurope, Asia (excluding China) and North America and our customers comprise\nmanufacturers and traders from the chemical, petrochemical, maritime and\nmanufacturing industries. For more information, please visit\nhttps://www.ludahk.com/en.\n\nForward-looking Statements\n\nCertain statements contained in this press release about future expectations,\nplans and prospects, as well as any other statements regarding matters that\nare not historical facts, may constitute “forward-looking statements”\nwithin the meaning of the Private Securities Litigation Reform Act of 1995.\nThese statements include, but are not limited to, statements relating to the\nexpected trading commencement and closing dates. The words “anticipate,”\n“believe,” “continue,” “could,” “estimate,” “expect,”\n“intend,” “may,” “plan,” “potential,” “predict,”\n“project,” “should,” “target,” “will,” “would” and similar\nexpressions are intended to identify forward-looking statements, although not\nall forward-looking statements contain these identifying words. Actual results\nmay differ materially from those indicated by such forward-looking statements\nas a result of various important factors, including: the uncertainties related\nto market conditions and the completion of the public offering on the\nanticipated terms or at all, and other factors discussed in the “Risk\nFactors” section of the preliminary prospectus filed with the SEC. For these\nreasons, among others, investors are cautioned not to place undue reliance\nupon any forward-looking statements in this press release. Any forward-looking\nstatements contained in this press release speak only as of the date hereof,\nand Luda Technology Group Limited specifically disclaims any obligation to\nupdate any forward-looking statement, whether as a result of new information,\nfuture events or otherwise, except as required by law.\n\nFor media inquiries, please contact:\n\nLuda Technology Group Limited – Investor Relations\n\nAndrew Barwicki Inc.\nAndrew J Barwicki\nEmail: andrew@barwicki.com\nPhone: +1 516-662-9461\nWebsite: https://ir.ludahk.com","article_body_html":"","raw_payload":{"data":{"id":"nGNEwdjJM","title":"Luda Technology Group Limited Announces Appointment of Authorized Agents Across Brazil, Colombia, Bolivia, Ecuador and Malaysia to Accelerate Global Expansion","author":"Globe Newswire","ticker":"LUD","created":"2026-05-19T13:00:01.111Z","tickers":["LUD"],"exchange":"NYSE","article_body":"Hong Kong, May 19, 2026 (GLOBE NEWSWIRE) -- Luda Technology Group Limited (the\n“Company” or “Luda Technology”), (NYSE: LUD), a manufacturer and\ntrader of stainless steel and carbon steel flanges and fittings products,\nannounced today the official appointment of authorized agents across five\nstrategic markets — Brazil, Colombia, Bolivia, Ecuador and Malaysia. This\nmilestone marks the first major step in the Company’s ambitious global\nexpansion strategy, designed to broaden its international footprint,\nstrengthen its sales network, and bring its premium pipeline product portfolio\ncloser to customers worldwide.\n\nThe newly appointed agents represent established, reputable industry players\nwith deep market knowledge and strong customer networks in their respective\nregions. Through these partnerships, Luda Technology aims to deliver enhanced\nservice, faster response times, and greater accessibility to its world-class\npipeline solutions across Latin America and Southeast Asia.\n\nA Strategic Step Toward Global Outreach\n\nMr. MA Biu, the Chief Executive Officer of Luda Technology, commented, “The\nappointment of these authorized agents represents a pivotal moment in the\nCompany’s journey toward greater global expansion. Each of these partners\nbrings unique regional expertise, established customer relationships, and a\nshared commitment to quality and excellence. Together, we are positioned to\nexpand the reach of our high-quality pipeline products and deliver tangible\nvalue to industries across these key markets.”\n\nLuda Technology will continue to proactively identify and appoint additional\nagents — both on an exclusive and non-exclusive basis — across other\nstrategic regions globally, as part of its long-term vision to build a robust,\nworld-class international distribution network.\n\nNewly Appointed Authorized Agents\n\n 1. Brazil \n \n - 4Tube Comércio Importação e Exportação Ltda. (non-exclusive) \n \n - QG Indústria e Comércio de Acessórios Industriais Ltda. (non-exclusive) \n \n 2. Colombia \n \n - TUVACOL S.A. (non-exclusive) \n \n 3. Bolivia \n \n - SERVIPETROL LTDA. (non-exclusive) \n \n 4. Ecuador \n \n - ELLOIL CIA. LTDA. (non-exclusive) \n \n 5. Malaysia \n \n - DYNA SEGMEN SDN BHD. (exclusive) \n\nLooking Ahead\n\nThis first wave of appointments represents only the beginning of the\nCompany’s global outreach initiative. Luda Technology intends to continue\nstrengthening its international presence by establishing further partnerships\nwith qualified agents and stockists worldwide, on both exclusive and\nnon-exclusive bases, ensuring that customers across diverse industries —\nfrom oil and gas to petrochemicals, water management, and infrastructure —\ngain reliable access to Luda’s industry-leading pipeline products. By\naligning with trusted regional partners, Luda Technology reinforces its\ncommitment to delivering quality, reliability, and innovation, while\naccelerating its mission to become a preferred global manufacturer of pipeline\nsolutions.\n\nFor more information, please visit Luda Technology’s official website\nAgencies page (https://www.ludahk.com/en/agencies) or contact our investor\nrelations team.\n\nAbout Luda Technology Group Limited\n\nWe are a manufacturer and trader of stainless steel and carbon steel flanges\nand fittings products. Our history began with Luda Development Limited, which\nwas incorporated in Hong Kong in 2004 and is principally engaged in the\ntrading of steel flanges and fittings. In 2005, the Company’s business\nexpanded further upstream when Luda (Taian) Industrial Company Limited was set\nup to commence the manufacturing of flanges and fittings with self-owned\nfactory in China. We have established an operation history of over 20 years.\nWe are principally engaged in (i) the manufacture and sale of stainless steel\nand carbon steel flanges and fittings products, and (ii) trading of steel\npipes, valves, and other steel tubing products. We are headquartered in Hong\nKong with manufacturing base in Taian City, Shandong Province of the PRC. Our\nsales network comprises customers from China, South America, Australia,\nEurope, Asia (excluding China) and North America and our customers comprise\nmanufacturers and traders from the chemical, petrochemical, maritime and\nmanufacturing industries. For more information, please visit\nhttps://www.ludahk.com/en.\n\nForward-looking Statements\n\nCertain statements contained in this press release about future expectations,\nplans and prospects, as well as any other statements regarding matters that\nare not historical facts, may constitute “forward-looking statements”\nwithin the meaning of the Private Securities Litigation Reform Act of 1995.\nThese statements include, but are not limited to, statements relating to the\nexpected trading commencement and closing dates. The words “anticipate,”\n“believe,” “continue,” “could,” “estimate,” “expect,”\n“intend,” “may,” “plan,” “potential,” “predict,”\n“project,” “should,” “target,” “will,” “would” and similar\nexpressions are intended to identify forward-looking statements, although not\nall forward-looking statements contain these identifying words. Actual results\nmay differ materially from those indicated by such forward-looking statements\nas a result of various important factors, including: the uncertainties related\nto market conditions and the completion of the public offering on the\nanticipated terms or at all, and other factors discussed in the “Risk\nFactors” section of the preliminary prospectus filed with the SEC. For these\nreasons, among others, investors are cautioned not to place undue reliance\nupon any forward-looking statements in this press release. Any forward-looking\nstatements contained in this press release speak only as of the date hereof,\nand Luda Technology Group Limited specifically disclaims any obligation to\nupdate any forward-looking statement, whether as a result of new information,\nfuture events or otherwise, except as required by law.\n\nFor media inquiries, please contact:\n\nLuda Technology Group Limited – Investor Relations\n\nAndrew Barwicki Inc.\nAndrew J Barwicki\nEmail: andrew@barwicki.com\nPhone: +1 516-662-9461\nWebsite: https://ir.ludahk.com"},"type":"article","timestamp":"2026-05-19T13:00:01.171282531Z","server_sent_at_ms":1779195601171},"received_at":"2026-05-19T13:00:01.338Z","source_url":null},"analysis":{"id":"28729","press_release_id":"39289","analysis_json":{"industry":{"label":"Metals & Mining","sector":"Materials"},"redFlags":[],"eventType":"operations_update","narrative":"Luda Technology Group appointed authorized distribution agents in Brazil, Colombia, Bolivia, Ecuador, and Malaysia to accelerate its global expansion strategy.\n\nThe appointments include both exclusive and non-exclusive partnerships with established regional players, aiming to broaden the company's international footprint in Latin America and Southeast Asia.\n\nCEO MA Biu described the move as a pivotal step in building a robust global distribution network for its pipeline products, with plans to identify additional agents in other strategic regions.","sentiment":"bullish","agentHooks":{"shouldPost":false,"suggestedAngle":"Luda expands distribution network into LatAm and SE Asia with new agent appointments."},"keyFigures":{},"quotedText":"The appointment of these authorized agents represents a pivotal moment in the Company’s journey toward greater global expansion.","namedEntities":{"people":[{"name":"MA Biu","role":"CEO"},{"name":"Andrew J Barwicki","role":"Investor Relations Contact"}],"products":["stainless steel flanges","carbon steel flanges","fittings","steel pipes","valves","steel tubing products"],"companies":[{"name":"Luda Technology Group Limited","ticker":"LUD","relationship":"filer"},{"name":"4Tube Comércio Importação e Exportação Ltda.","relationship":"agent"},{"name":"QG Indústria e Comércio de Acessórios Industriais Ltda.","relationship":"agent"},{"name":"TUVACOL S.A.","relationship":"agent"},{"name":"SERVIPETROL LTDA.","relationship":"agent"},{"name":"ELLOIL CIA. 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Represents standard business development for a manufacturer/trader."},"tickerRelevance":{"others":[],"primary":"LUD"},"globalImportance":15,"audienceRelevance":10,"eventTypeSecondary":["partnership"],"importanceComponents":{"tickerTier":"small-cap","eventGravity":"routine_operations","sectorWeight":"low_retail_interest","marketCapAdjustment":"negative"}},"event_type":"operations_update","event_type_secondary":["partnership"],"sentiment":"bullish","material_impact_score":2,"narrative":"Luda Technology Group appointed authorized distribution agents in Brazil, Colombia, Bolivia, Ecuador, and Malaysia to accelerate its global expansion strategy.\n\nThe appointments include both exclusive and non-exclusive partnerships with established regional players, aiming to broaden the company's international footprint in Latin America and Southeast Asia.\n\nCEO MA Biu described the move as a pivotal step in building a robust global distribution network for its pipeline products, with plans to identify additional agents in other strategic regions.","key_figures":{},"named_entities":{"people":[{"name":"MA Biu","role":"CEO"},{"name":"Andrew J Barwicki","role":"Investor Relations Contact"}],"products":["stainless steel flanges","carbon steel flanges","fittings","steel pipes","valves","steel tubing products"],"companies":[{"name":"Luda Technology Group Limited","ticker":"LUD","relationship":"filer"},{"name":"4Tube Comércio Importação e Exportação Ltda.","relationship":"agent"},{"name":"QG Indústria e Comércio de Acessórios Industriais Ltda.","relationship":"agent"},{"name":"TUVACOL S.A.","relationship":"agent"},{"name":"SERVIPETROL LTDA.","relationship":"agent"},{"name":"ELLOIL CIA. LTDA.","relationship":"agent"},{"name":"DYNA SEGMEN SDN BHD.","relationship":"agent"},{"name":"Andrew Barwicki Inc.","relationship":"IR advisor"}],"dollarAmounts":[]},"model_name":"qwen3_6_27b_awq","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-05-19T13:01:27.716Z","global_importance":15,"audience_relevance":10,"importance_components":{"tickerTier":"small-cap","eventGravity":"routine_operations","sectorWeight":"low_retail_interest","marketCapAdjustment":"negative"}},"durationMs":19493,"modelName":"george-droid-qwen-72b"}}