Company: STAK
Filing Date: 2025-02-26
Form Type: 424B4
Source: 0001493152-25-008310
Chunk: 88

Company: STAK Inc.
Filing Date: 2025-02-26
Form: 424B4
Chunk 88
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zhou City on September 26, 2022 (Changzhou Tianning Market Listing Office [2022] No. 3), providing various favorable conditions for the IPO. YLAN was also acknowledged as one of 197 key enterprises for future securities exchange listing and included in the “Long Teng Action Plan” by the local government. During the operation and preparation of this Offering process, the local government has provided the following assistance: coordinating between the enterprise and local administrative authorities, including tax, industry and commerce, and environmental departments, to issue the certificates of non-violation which are required for the submission of our filing materials to the CSRC. The local government may coordinate with other departments to assist in the company’s listing process, including coordinating and issuing necessary documents from local governmental departments.

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Corporate History and Structure

We
are a holding company incorporated in the Cayman Islands and conduct our operations in mainland China through our PRC Subsidiaries.
We began our operations in June 2020 when YLAN was founded in Changzhou, China.

With
the growth of our business and in order to facilitate international capital raising, we underwent an offshore reorganization in 2023.
In May 2023, STAK Inc. was incorporated in the Cayman Islands as our offshore holding company. Shortly after its incorporation, STAK
Inc. incorporated a wholly-owned subsidiary in Hong Kong, namely, STAK Holdings Limited, or STAK HK. In August 2023, STAK HK established STAK (Changzhou) Intelligent Technology Co., Ltd, or WFOE, as a wholly foreign owned entity in the PRC. WFOE acquired 100% equity interest in YLAN in September 2023, and STAK Inc. became the ultimate holding company of our operating subsidiaries, YLAN and Changzhou Zhongshan, a wholly-owned subsidiary of YLAN, which was established in April 2022 in mainland China.YLAN also established two registered branch offices for its operations in Shiyan, Hubei Province and Guiyang, Guizhou
Province in September 2024 and January 2025, respectively.

The
following diagram illustrates our corporate structure as of the date of this prospectus.

Historic Milestones

Our Mission

Our mission is to become a powerful provider for the specialized oilfield maintenance vehicles and equipment in China.

Our Vision

Our vision is to help oil mining companies reduce costs and increase efficiency by providing cutting-edge integrated oilfield maintenance equipment.

Our Honors