08:00 AM EDT, 09/09/2025 (MT Newswires) -- Luda Technology Group ( LUD ) said Tuesday that its unit, Luda (Taian) Industrial, has signed several cooperation agreements with domestic shipbuilding enterprises to jointly carry out the research and development, as well as manufacturing of specialty-material flanges and pipe fittings for ammonia-fueled vessels.

These shipbuilding enterprises include China State Shipbuilding, Haiting Shipbuilding, and Cosco Shipping Heavy Industry, Luda said.

Luda said Luda Taian will become a core supplier to the shipbuilders, providing a full portfolio of certified products for high value-added vessel types currently under construction.

Financial details of the agreements were not disclosed.

Luda Technology Group ( LUD ) shares were up more than 3% in recent Tuesday premarket activity.