Step Two:
This bulk of the mechanical pencil, here you are shown the body of the pencil, the lead size, the chuck & chuck ring, spring, lead tube reservoir and the push button, which is comprised of the push button, the eraser and the pocket clip.
The lead tube reservoir is where the extra lead is stored and the spring, the chuck & chuck ring are all involved in the advancement of the lead. When you push down on the push button, the spring compresses and forces the lead to move through the chuck & chuck ring until it passes through the lead sleeve and out the endcap.