From my understanding, the X200 is designed by Air Arms, but made by Precihole; the Precihole guns that were on display are to be imported by AA and sold in the UK under the Precihole name. If this is the direction that Air Arms want to take, then that's their decision. Personally, I would feel more comfortable buying an Indian air rifle sold by AA, than a Chinese air rifle sold by SMK; at least AA KNOW what they are looking at.