Pryde said during an institutional investigation on October 14 that at this stage, the company has no mergers, acquisitions and restructuring plans. Furthermore, the company stated that the company's business model includes ODM and OBM. The company will continue to develop the ODM business by continuously improving product quality and expanding product lines to meet the procurement needs of world-renowned brands and retailers such as Stanley Black & Decker, BOSCH, and Makita. On the other hand, it will actively promote its own brands to achieve the dual drive of “ODM+OBM” business.

Pryde said during an institutional investigation on October 14 that at this stage, the company has no mergers, acquisitions and restructuring plans. Furthermore, the company stated that the company's business model includes ODM and OBM. The company will continue to develop the ODM business by continuously improving product quality and expanding product lines to meet the procurement needs of world-renowned brands and retailers such as Stanley Black & Decker, BOSCH, and Makita. On the other hand, it will actively promote its own brands to achieve the dual drive of “ODM+OBM” business.