Luda Technology Plans Commodity Trading Expansion Beyond Coal

• Luda Technology Group plans to build a cross-border commodity trading business, starting with Mongolia-China coal trading to diversify revenue beyond core operations.
• Initial agreements cover 440,000 metric tons of Mongolian thermal coal for two Chinese customers over one year, with Luda acting as intermediary.
• Each customer will receive 20,000 metric tons by November 30, 2026, then 200,000 metric tons by October 14, 2027.
• Batch pricing will depend on market conditions, with confirmation before payment and shipment.
• Future expansion will target energy, metals and minerals, subject to market demand, supplier relationships, financing, regulatory considerations and transaction economics.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Luda Technology Group Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202610210910PRIMZONEFULLFEED9850438) on October 21, 2026, and is solely responsible for the information contained therein.