Recently, STAK Inc. Stark Industrial Group Co., Ltd. (hereinafter referred to as "Stark"), the substantive holding company of Yilan Technology (Changzhou) Co., Ltd. from Changzhou, Jiangsu, successfully listed on the NASDAQ in the United States, with its stock ticker being STAK, and had planned to conduct an IPO on the NASDAQ in the U.S. Previously, it filed a confidential registration with the SEC on January 18, 2024, and publicly disclosed its prospectus on November 15, 2024. Stark plans to issue 1.25 million shares at an offering price of $4.00 per share, raising $5 million. Link to Stark’s prospectus: https://www.sec.gov/Archives/edgar/data/2002453/000149315225008310/form424b4.htm Hailing from Changzhou, Jiangsu, Stark is a fast-growing company specializing in R&D, manufacturing and sales of specialized oilfield production and maintenance equipment. The company designs and manufactures specialized oilfield production and maintenance equipment, then cooperates with qualified professional vehicle manufacturers to integrate the equipment onto vehicle chassis, producing special oilfield vehicles for sale. In addition, the company also sells components of specialized oilfield production and maintenance equipment, related products and provides automation solutions. Stark’s product portfolio includes oilfield vehicles such as oil pumping trucks, well workover trucks, hydraulic fracturing trucks, well flushing and wax removal trucks and boiler trucks. The company also produces specialized equipment and components for well workover and maintenance, hydraulic fracturing, well cleaning and wax removal, oil pumping and boiler applications. As of market close on February 28, 2025, Stark (STAK) closed at $3.97 per share, a slight decrease of 0.75% compared to its IPO offering price, with a current market capitalization of approximately $44.6625 million. © 2021 Meishun (Hong Kong) Management Consulting Co., Ltd. and Meishun (Hangzhou) Management Consulting Co., Ltd. All rights reserved. Meishun Meiyin (Hangzhou) Consulting Management Co., Ltd. is the domestic subsidiary of Hong Kong Meishun Management Consulting Co., Ltd. under the same actual controller. Both companies share the same actual controller, are under the same Chinese management, and comply with the laws of Hong Kong and mainland China.