Luda Technology Group Limited (the "Company" or "Luda Technology"), (NYSE:LUD), a manufacturer and trader of stainless steel and carbon steel flanges and fittings products, announced today that the Company signed a memorandum of understanding (the "MOU") to acquire 55% shares in Asia AI Data Centre & Quantum Technology Company Limited ("Asia AI Quantum Technology") with a consideration comprising cash of USD400,000 and issue of ordinary shares of  the Company amounting to USD535,000. This proposal marks strategic entry into data centre and AI computing infrastructure industry.

The acquisition shall be made from Ms. Liu Liangping ("Ms. Liu") who serves as the Director and CEO of Asia AI Quantum Technology. Furthermore, Ms. Liu is the Chief Operating Officer of the Company whose Director, CEO and an ultimate beneficial owner is her spouse, Mr. Ma Biu. Ms. Liu previously also served as a Director of the Company until her resignation on June 18, 2026.