#China #Changzhou #Management Changes #STAK Inc. #Xiaofei Han

STAK Inc. Announces New Chief Financial Officer

STAK Inc. has recently made a notable executive shift, elevating Mr. Xiaofei Han to the position of Chief Financial Officer (CFO), effective from November 1, 2026. This change reflects the company’s commitment to advancing its expertise in the financial realm as it continues to expand in the oilfield equipment sector.

Background of Mr. Xiaofei Han

Mr. Han arrives at this pivotal role with a wealth of experience—nearly two decades—in the fields of accounting, auditing, and financial management. His career includes significant stints at reputable organizations. Notably, he worked at the Guangzhou Branch of Deloitte Touche Tohmatsu Certified Public Accountants LLP, where he honed his skills as a Senior Auditor from July 2007 to January 2011. Subsequently, he joined Marcum Bernstein Pinchuk LLP, serving as both Audit Manager and Senior Manager from February 2011 until June 2017. During his time there, Han was instrumental in providing audit services tailored to U.S.-listed companies and advising firms that were navigating the IPO processes.

In addition to his impressive auditing experience, Mr. Han has been involved in financial advisory services aimed at assisting Chinese firms pursuing listings on U.S. capital markets. His entrepreneurial spirit led him to establish Guangzhou Jingtian Enterprise Consulting Co., Ltd. in August 2019, further expanding his expertise and service offerings in the financial advisory domain. Mr. Han holds a Bachelor of Management degree from Sun Yat-sen University and is a proud member of the Chinese Institute of Certified Public Accountants (CICPA).

Resignation of Previous Executives

In conjunction with this leadership enhancement, STAK Inc. also announced the resignation of Ms. Diana Li, who previously held the CFO position, effective October 31, 2026. Alongside her, Mr. Ke Dennis Xu, the Chief Technology Officer, also stepped down on the same day. The company assured stakeholders that these departures were not the result of any disagreements with the organization's strategic direction or policies.

Company Focus and Vision

For those unfamiliar with STAK Inc., it operates as a robust and rapidly-growing entity dedicated to the research, manufacturing, and sale of specialized equipment for oilfield production and maintenance. The company's core mission revolves around assisting oilfield services companies by reducing operational costs and enhancing efficiency through state-of-the-art integrated equipment and automation solutions. The overarching vision is to position STAK as a formidable player in the niche market of specialized oilfield vehicles and products within China.

As STAK Inc. navigates these management changes, the appointment of Mr. Han indicates a strategic focus on strengthening financial oversight as it works towards scaling its innovative products and services further. Stakeholders and investors will undoubtedly be closely watching how these new developments unfold in the months ahead, reflecting the company's adaptability in the ever-evolving landscape of oilfield services.

Conclusion

With Mr. Xiaofei Han at the financial helm, coupled with a vision for technological advancement in oilfield services, STAK Inc. is set for an exciting new chapter. As always, ongoing developments regarding their business strategy and market engagement will be crucial in gauging the success of this transitional phase. The company has encouraged stakeholders to stay tuned for updates as it embarks on this transformative journey.