DealsJul 31, 2026, 09:04 AM
Luda Technology Secures RMB1.6B Pipeline Fittings Agreement
AI Summary
Luda Technology Group Limited announced it has signed a sales blanket agreement worth approximately RMB1.6 billion. This agreement is to supply pipeline fittings for the Yulong Island Refining and Chemical Integration Project (Phase one). The company had previously secured a tender for stainless steel flanges for the same project, further solidifying its role as a key supplier.
Key Highlights
- Signed a sales blanket agreement to supply pipeline fittings.
- Agreement valued at approximately RMB1.6 billion.
- Contract is for the Yulong Island Refining and Chemical Integration Project (Phase one).
- Company previously secured a tender for stainless steel flanges for the same project.
- Strengthens Luda Technology's position in petrochemical and refining industries.
Price Impact
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