Company: STAK
Filing Date: 2025-02-26
Form Type: 424B4
Source: 0001493152-25-008310
Chunk: 90

Company: STAK Inc.
Filing Date: 2025-02-26
Form: 424B4
Chunk 90
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 This unique combination of engineering, design, and management experience has resulted in a strong track record of successful execution. Our management team and key personnel bring rich experience in automation and the specialized vehicle industry. Our CEO, Mr. Chuanbo Jiang, has over a decade of experience in large enterprise management positions,also had business experience in oilfield operations, and recently participated in the standard writing of the screw
nut in the oilfield industry.Our factory production manager, Mr. Liu Gang, has over two decades of experience in the commercial and specialized vehicle manufacturing industry.

One-Stop Service Business Model:We focus on specialized scenarios and offer a wide range of specialized vehicle solutions, enabling us to provide comprehensive services to our customers. We prioritize customer-centric product design and integrated product development in our innovative research and development system. Throughout the product development process, we design and develop our products based on customer needs and user experience. We pay close attention to the practical requirements of end-users in product design, integrating them throughout the product lifecycle. Our R&D and sales teams work closely with customers to respond rapidly to different customer usage scenarios. We proactively customize products to meet customer demands on top of our existing standard products. Compared to competitors, we can complete customer demand research, sample vehicle prototyping, sample vehicle testing, announcement submission, and announcement disclosure within as little as six months.

Rapid Response to Customer and Market Demands:We have a deep understanding of the specialized vehicle market, and we have developed a unique integrated outsourcing model that allows us to deliver solutions swiftly in response to customer needs. Our “Focus, Specialize, and Innovate” approach in product development addresses various pain points, including the difficulty of manual labor, hazardous well-site working environments, an aging and scarce workforce, and economic losses resulting from maintenance shutdowns. We combine automation control technology with specialized oilfield equipment to ensure the efficiency and safety of our products, significantly reducing operational difficulty and labor intensity while decreasing operational time. Additionally, we are committed to cleaner and more environmentally friendly new energy specialized vehicles. We have signed a strategic cooperation agreement with a qualified manufacturer of new energy commercial vehicles, paving the way for specialized chassis for our future new energy specialized vehicles.

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Our Challenges

Lack of Special Vehicle Production Permission -We do not possess the specialized vehicle production qualifications required by the Chinese Ministry of Industry and Information Technology. We rely on a collaborative outsourcing model to provide final products to customers. While this reduces the initial investment in fixed assets, it also introduces policy risks and business expansion bottlene