Luda Technology Invests $8 Million in Stable Income Fund

Luda Technology Group Limited ( (LUD) ) has shared an update.

On March 18, 2025, Luda Technology Group Limited announced an investment of USD 8,000,000 in the Stable Income Fund SP, a segregated portfolio of Global A Plus Investment SPC Ltd. This strategic move is aimed at utilizing idle funds for short-term investment, leveraging the fund’s liquidity and early redemption provisions to potentially enhance returns. This investment reflects Luda Technology’s strategy to optimize financial resources and manage short-term capital efficiently, which could impact its financial operations and offer potential benefits to its stakeholders.

More about Luda Technology Group Limited

Luda Technology Group Limited is a Hong Kong-based manufacturer and trader specializing in stainless steel and carbon steel flanges and fittings products. The company is engaged in the manufacture and sale of these products and trades steel pipes, valves, and other steel tubing products. It operates a manufacturing base in Taian City, Shandong Province, China, and serves a diverse customer base across China, South America, Australia, Europe, Asia (excluding China), and North America, catering to industries such as chemical, petrochemical, maritime, and manufacturing.

YTD Price Performance: 21.25%

Average Trading Volume: 278,849

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