Company: STAK
Filing Date: 2025-02-26
Form Type: 424B4
Source: 0001493152-25-008310
Chunk: 92

Company: STAK Inc.
Filing Date: 2025-02-26
Form: 424B4
Chunk 92
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 Production of Oilfield Specialized Vehicles and Equipment” in the “ Regulations” section for further details.

Expanding customer purchasing power through supply chain finance and innovative marketing models.In the oilfield specialty vehicle industry, customer purchasing power may be limited due to the high unit price of vehicles. To alleviate customers’ financial pressures, providing supply chain finance is a crucial innovative marketing model.

Supply chain finance offers customers flexible financing options.Through cooperation with licensed financial institutions, customers do not need to make a one-time full payment and can instead opt for installment payments or extended payment terms to ease the financial burden when purchasing vehicles.

We can alsoexpand our sales volume and attract more customers to purchase oilfield specialty vehicles. Customers can obtain additional financial support through supply chain finance, increasing their ability and willingness to purchase vehicles.

Expanding into overseas markets.Currently, our customer base is primarily concentrated within the People’s Republic of China, but the overseas oilfield service equipment market is larger. The overseas oilfield equipment market has long-term demand, and our oilfield specialty vehicles offer high cost-effectiveness and technical capabilities that can meet the needs of international customers. Therefore, expanding into overseas markets is one of our strategic development initiatives. By participating in international exhibitions, industry conferences, and seminars, we will showcase our products and technological advantages, establish contacts with potential customers, and enhance brand awareness. We will also select appropriate channel partners to jointly establish distribution and service networks in overseas markets. Through collaboration with partners, we can enter local markets and increase our market share.

In summary, the successful implementation of our growth strategy hinges on our ability to overcome challenges, manage risks and uncertainties, and leverage our strengths. These include maintaining and enhancing brand recognition, innovating and successfully launching new products and services, expanding and managing our distribution network, complying with industry standards relevant to our products, ensuring the supply of components used in our products, strengthening collaborations with customers, controlling costs related to our operations and production, and recruiting and retaining qualified executives, key employees, and personnel. For more information, please refer to the “ Risk Factors” section and other relevant sections in this prospectus for discussions on these and other risks and uncertainties.

Our Products and Solutions

We provide specially designed and configured vehicles and equipment for oilfield development and operations. These vehicles and equipment play a crucial role in cost reduction and efficiency improvement during exploration, extraction, transportation, and production processes in oilfields. Our main products currently include oil pumping trucks, oil-well repair trucks, fracking trucks, well flushing-wax removal trucks, boiler trucks