Company: STAK
Filing Date: 2025-02-26
Form Type: 424B4
Source: 0001493152-25-008310
Chunk: 83

Company: STAK Inc.
Filing Date: 2025-02-26
Form: 424B4
Chunk 83
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government policies and to international economic and political developments affecting supply and demand in the China Foreign Exchange
Trading System market.

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<div align='center'>INDUSTRY OVERVIEW</div>

We are responsible for the information contained in this prospectus and any free writing prospectus we prepare or authorize. Unless otherwise indicated, all information and data provided in the section is cited from the industry report issued by Beijing Bo Yan Zhishang Information Advise Co., Ltd (“ Bo Yan Consulting”). Although we believe the data and information included in the report issued by Bo Yan Consulting to be reliable, we have not independently verified the accuracy or completeness of the information and data included therein. This section also includes projections based on a number of assumptions. Oil-field specialized vehicle industry, and related industries may not grow at the rate projected by market data, or at all. Failure of these markets to grow at the projected rate may have a material and adverse effect on our business and the market price of the Ordinary Shares.

China is one of the major producers and consumers of specialized vehicles and equipment for oilfields in the world. The industry dedicated to specialized vehicles and equipment for oil fields in China is vast and steadily growing. In recent years, this industry has been attracting investments consistently. New technologies and materials are continually being integrated into the products of this industry, intensifying the competition.

The oil field specialized vehicle industry refers to the sector that provides specifically designed and equipped vehicles and equipment for oil field development and operations. These vehicles and equipment play crucial roles in the exploration, extraction, transportation, and production processes within oil fields. Oil field specialized vehicles often possess special designs and functionalities to adapt to challenging work conditions in oil field environments, such as deserts, marine areas, or high-altitude regions.

The industry encompasses various types of vehicles and equipment, including but not limited to:

| ● | Exploration                                                                                                                               
 and survey vehicles: Used to explore new oil fields and determine the reserves and quality of the fields, such as seismic survey          
 vehicles and geological survey vehicles.                                                                                                  |
| ● | Drilling                                                                                                                                  
 vehicles: Used for oil well drilling, including drilling platforms and drilling equipment transport vehicles.                             |
| ● | Production                                                                                                                                
 vehicles: Used for extracting crude oil from wells, such as oil pump trucks and oil pipeline transport vehicles.                          |
| ● | Transportation                                                                                                                            
 vehicles: Used to transport crude oil from wells to storage facilities or refineries, such as oil tankers and oil pipeline vehicles.      |
| ● | Service                                                                                                                                   
 and