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Leishen Energy Reaffirms Middle East Market Commitment; Saudi Production Facility Progressing Amid Regional Challenges
RIYADH, Saudi Arabia, April 13, 2026 (GLOBE NEWSWIRE) -- Leishen Energy Holding Co., Ltd. ("Leishen Energy" or the "Company") (NASDAQ: LSE), a leading
About this update from Leishen Energy Holding Co., Ltd.
[{"type":"text","content":"RIYADH, Saudi Arabia, April 13, 2026 (GLOBE NEWSWIRE) -- Leishen Energy Holding Co., Ltd. (\"Leishen Energy\" or the \"Company\") (NASDAQ: LSE), a leading provider of clean-energy equipment and integrated solutions for the oil and gas industry, today reaffirmed its long-term strategic commitment to the Middle East market, confirming that the development of its Saudi Arabia production facility, LSE Energy International, continues to advance as planned, notwithstanding ongoing regional conflicts. Saudi Facility on Track The Company confirmed that its Saudi subsidiary, LSE Energy International, is progressing steadily towards establishing its manufacturing base in the Kingdom of Saudi Arabia. To this end, the Company is in the process of finalizing industrial land arrangement, completing a feasibility study and progressing through the local regulatory process. The facility, which the Company currently is planning to produce reciprocating compressors, expanders, flexible composite pipes, Christmas tree equipment, wellhead control panels, inverters, energy storage systems, and generators, is anticipated to be a core pillar of Leishen Energy's regional growth strategy. Post-Conflict Reconstruction Opportunity The ongoing conflicts in parts of the Middle East have resulted in significant damage to oil and gas infrastructure, including pipelines, compression stations, wellhead equipment, and energy storage facilities. Against this backdrop, Leishen Energy sees not only a commercial opportunity but also a responsibility to contribute to the region's recovery. Operating as a local Saudi entity, the Company’s manufacturing facility will be situated near the Port of Jubail, and the Company plans to fully adhere to Saudi Arabia’s localization requirements to fulfill its social commitments. \"We are deeply aware that many oil and gas assets across the Middle East have been severely damaged during the recent conflicts,\" said the Chairman Hongqi Li for Leishen Energy. \"Leishen Energy is committed to playing a constructive role in the region's post-war rehabilitation and reconstruction. Our Saudi production facility is strategically planned to be positioned to supply high-quality, reliable equipment to help restore energy infrastructure, stabilize supply chains, and support economic recovery across the region.\" Long-Term Market Presence Despi...