Yes.

According to the official website of OLED electric drill, OLED electric drill is a German brand. OLED hardware and power tools are produced in China, but OLED has a registered trademark in Germany and is considered a German brand. However, OLED's hardware and power tools are not recognized by the German society and are not sold in Germany. OLED is a brand that has been gold-plated in Germany to facilitate domestic marketing and sales. The brand routine is exactly the same as that of Golundado.