Core Viewpoint - Chinese concept stocks experienced significant gains, with the top five performers showing substantial percentage increases in their stock prices [1] Group 1: Stock Performance - Youxin Technology (YAAS) saw a price increase of 42.17%, closing at 0.1062, with a trading volume of 83.76 million [1] - Easy Electric (EZGO) rose by 38.21%, ending at 0.2239, with a trading volume of 17.06 million [1] - Luda Technology (LUD) increased by 29.01%, closing at 14.720, with a trading volume of 0.87 million [1] - Mingteng International (MTEN) experienced a 23.35% rise, closing at 10.670, with a trading volume of 0.30 million [1] - Hengfeng Technology Innovation (FOFO) gained 20.24%, closing at 19.250, with a trading volume of 3.85 million [1]

Group 1 - The top five Chinese concept stocks that experienced the largest declines in closing prices are: LUD (Luda Technology) down 28.57%, ORIS (Mindong Hong) down 23.43%, MTC (Haichuan Securities) down 16.55%, FRGT (Freight Technologies) down 12.75%, and EPWK (Yipin Weike) down 11.40% [1][1][1] - Luda Technology's latest price is 12.400 with a decline of 4.960 and a trading volume of 1.4458 million [1][1][1] - Mindong Hong's latest price is 0.1399 with a decline of 0.0428 and a trading volume of 4.387 million [1][1][1] - Haichuan Securities' latest price is 0.7880 with a decline of 0.1563 and a trading volume of 0.6891 million [1][1][1] - Freight Technologies' latest price is 1.300 with a decline of 0.190 and a trading volume of 1.3778 million [1][1][1] - Yipin Weike's latest price is 0.4300 with a decline of 0.0553 and a trading volume of 0.4237 million [1][1][1]

Group 1 - The top five gainers among Chinese concept stocks include Luda Technology with a rise of 62.6%, Zhengye Biology with 35.31%, Xiangsong International with 31.87%, AirNet Technology with 28.77%, and Cheche Technology with 24.68% [1] - Luda Technology's latest price is 9.870, with a gain of 3.800 and a trading volume of 9.4865 million [1] - Zhengye Biology's latest price is 12.665, with a gain of 3.305 and a trading volume of 2.9232 million [1] Group 2 - Xiangsong International's latest price is 2.255, with a gain of 0.545 and a trading volume of 4.2776 million [1] - AirNet Technology's latest price is 5.550, with a gain of 1.240 and a trading volume of 2.31 million [1] - Cheche Technology's latest price is 1.1100, with a gain of 0.2197 and a trading volume of 2.9753 million [1]

Group 1 - The top five gaining Chinese concept stocks at the close were Pitanium, Skyline Construction Group, Jin Xin Technology, Golden Sun Amusement, and Luda Technology, with significant percentage increases ranging from 24.90% to 62.46% [1] - Pitanium (PTNM) saw a remarkable increase of 62.46%, closing at 1.6100 with a trading volume of 80.7471 million [1] - Skyline Construction Group (SKBL) experienced a 52.19% rise, closing at 0.8188 with a trading volume of 87.6669 million [1] Group 2 - Jin Xin Technology (NAMI) increased by 33.01%, closing at 1.370 with a trading volume of 77.2216 million [1] - Golden Sun Amusement (GDHG) rose by 25.49%, closing at 0.4800 with a trading volume of 0.8712 million [1] - Luda Technology (LUD) had a 24.90% increase, closing at 6.470 with a trading volume of 0.1167 million [1]

Core Viewpoint - Chinese concept stocks experienced significant declines, with the top five losers showing steep drops in their stock prices, indicating potential market volatility and investor concerns [1] Group 1: Stock Performance - Dongfang Culture (OCG) saw a decline of 17.19%, closing at 2.890, with a trading volume of 585,300 [1] - Renkong Technology (RCON) dropped by 12.69%, ending at 2.270, with a trading volume of 1,132,700 [1] - Zhiling Group (APM) fell by 11.74%, closing at 2.330, with a trading volume of 6,809,100 [1] - Luda Technology (LUD) decreased by 10.66%, finishing at 5.280, with a trading volume of 75,800 [1] - Dingxin Holdings (DXST) experienced a drop of 10.31%, closing at 1.130, with a trading volume of 60,800 [1]

Group 1 - The top five Chinese concept stocks that experienced the largest declines in closing prices are: SOS Ltd down 54.5%, Feitian Zhaoye down 33.33%, Shangao Life Sciences down 22.93%, Youlan International down 16.88%, and Luda Technology down 14% [1][1][1] - SOS Ltd's latest price is 2.730 with a decrease of 3.270, resulting in a trading volume of 4.4103 million [1][1][1] - Feitian Zhaoye's latest price is 1.100 with a decrease of 0.550, resulting in a trading volume of 16.9591 million [1][1][1] - Shangao Life Sciences' latest price is 0.1684 with a decrease of 0.0501, resulting in a trading volume of 1.2677 million [1][1][1] - Youlan International's latest price is 1.920 with a decrease of 0.390, resulting in a trading volume of 0.4144 million [1][1][1] - Luda Technology's latest price is 4.300 with a decrease of 0.700, resulting in a trading volume of 0.3086 million [1][1][1]

Core Viewpoint - Chinese assets experienced a significant surge in the U.S. stock market, with the Nasdaq Golden Dragon China Index rising over 2% at one point, reflecting strong investor interest in Chinese stocks [1][2][3]. Group 1: Market Performance - The Nasdaq Golden Dragon China Index closed up 0.6%, with a weekly increase of 3.93% [1]. - The three-times leveraged FTSE China ETF rose by 3.83%, while the two-times leveraged China Internet Stocks ETF increased by 2.75% [1]. - Multiple Chinese concept stocks saw substantial gains, with LuDa Technology soaring over 33% and several others, including New Oxygen and iQIYI, rising more than 17% and 3% respectively [4][5]. Group 2: ETF Performance - KraneShares China Overseas Internet ETF (KWEB) increased nearly 7% this week, marking the largest weekly gain since early March [7]. - iShares MSCI China ETF (MCHI) also saw a rise of over 4%, indicating strong performance in Chinese ETFs [7]. Group 3: Foreign Investment Sentiment - Foreign capital is increasingly attracted to Chinese assets, with Citigroup upgrading the ratings for Chinese and South Korean stock markets to "overweight" [12][13]. - The report highlights a shift towards consumer-driven economic growth in China, with potential policy measures expected to benefit sectors such as consumption, internet, and technology [13].

Company Overview - Luda Technology Group Limited is a manufacturer and trader of stainless steel and carbon steel flanges and fittings products, with a history dating back to 2004 when it was incorporated in Hong Kong [3] - The company expanded its operations in 2005 by establishing Luda (Taian) Industrial Company Limited in China for manufacturing flanges and fittings [3] - Luda Technology has over 20 years of operational history and is engaged in the manufacture and sale of flanges and fittings, as well as trading steel pipes, valves, and other steel tubing products [3] Financial Reporting - On April 30, 2025, Luda Technology completed and filed its annual report on Form 20-F for the year ended December 31, 2024, with the U.S. Securities and Exchange Commission [1] - Shareholders can request a hard copy of the complete audited financial statements free of charge through the company's website [2] Market Presence - The company is headquartered in Hong Kong and has a manufacturing base in Taian City, Shandong Province, China [3] - Luda Technology's sales network includes customers from various regions such as China, South America, Australia, Europe, Asia (excluding China), and North America, serving industries like chemical, petrochemical, maritime, and manufacturing [3]