Luda Technology Group Limited Acquires 4% Stake in INERI for Cash Consideration of $1.2 Million

(SeaPRwire) –   Hong Kong, May 28, 2026 — Luda Technology Group Limited (the “Company” or “Luda Technology”), (NYSE: LUD), a company that manufactures and trades stainless steel and carbon steel flanges and fittings products, announced today that it has entered into a Sale and Purchase Agreement (the “SPA”) to acquire a strategic equity stake in Hong Kong International New Economic Research Institute Limited (the “INERI”).

Under the terms of the SPA, Luda Technology has purchased 4% of INERI’s issued and outstanding shares for a total cash payment of US$1.2 million. This investment highlights Luda Technology’s dedication to exploring new technologies and broadening its growth strategy.

About INERI

Established in Hong Kong in 2019, INERI offers comprehensive consulting, development, and maintenance services for the blockchain industry. With significant early-stage experience in blockchain-enabled sectors, INERI is a leader in the tokenization of real-world assets (the “RWAs”). For more details, please visit INERI’s official website: https://www.ineri.net/EN.

Management Commentary

Mr. MA Biu, Chief Executive Officer of Luda Technology, stated: “We believe the rapid growth of the blockchain industry presents significant opportunities for long-term value creation. Beyond the financial benefits of this investment, we will explore the possibility of integrating blockchain technology into our trading platform to enhance speed, cost efficiency, and operational effectiveness. Ultimately, this will enable us to deliver greater value to our customers and stakeholders globally.”

About Luda Technology Group Limited

We are a manufacturer and trader of stainless steel and carbon steel flanges and fittings products. Our origins trace back to Luda Development Limited, incorporated in Hong Kong in 2004, which primarily engaged in the trading of steel flanges and fittings. In 2005, the Company expanded its operations upstream with the establishment of Luda (Taian) Industrial Company Limited, which began manufacturing flanges and fittings at its own factory in China. We have an operational history spanning over 20 years. Our core businesses include (i) the manufacture and sale of stainless steel and carbon steel flanges and fittings products, and (ii) the trading of steel pipes, valves, and other steel tubing products. Our headquarters are in Hong Kong, with a manufacturing base in Taian City, Shandong Province, PRC. Our sales network serves customers in China, South America, Australia, Europe, Asia (excluding China), and North America. Our clientele consists of manufacturers and traders from the chemical, petrochemical, maritime, and manufacturing industries. For additional information, please visit https://www.ludahk.com/en.

Forward-looking Statements

Certain statements in this press release concerning future expectations, plans, and prospects, as well as any other statements that are not historical facts, may be considered “forward-looking statements” under the Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, statements regarding anticipated trading commencement and closing dates. The presence of words such as “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “target,” “will,” “would,” and similar expressions typically indicates forward-looking statements, although not all such statements will contain these specific words. Actual results could differ materially from those projected in such forward-looking statements due to various significant factors, including: uncertainties related to market conditions and the completion of the public offering on the anticipated terms or at all, and other factors detailed in the “Risk Factors” section of the preliminary prospectus filed with the SEC. For these and other reasons, investors are cautioned against placing undue reliance on any forward-looking statements made in this press release. Any forward-looking statements contained herein are made as of the date of this press release, and Luda Technology Group Limited expressly disclaims any obligation to update any forward-looking statement, whether due to new information, future events, or otherwise, except as required by law.

For media inquiries, please contact:

Luda Technology Group Limited – Investor Relations

Andrew Barwicki Inc.
Andrew J Barwicki
Email: andrew@barwicki.com
Phone: +1 516-662-9461
Website: https://ir.ludahk.com