UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 20-F ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________ to _________. OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 O ...

Core Insights - Intelligent Living Application Group Inc. has launched its Competitive Smart Lock, marking a significant step in its mission to enhance home security and automation [1][3] - The global smart lock market is projected to grow from $2.63 billion in 2023 to $4.95 billion by 2030, with a compound annual growth rate (CAGR) of 13.5%, driven by consumer demand for enhanced security and smart technology integration [2] - The company emphasizes its commitment to quality, evidenced by its ISO9001 certification and adherence to ANSI standards [2][5] Company Overview - Intelligent Living has over 40 years of experience in manufacturing high-quality mechanical locksets and has diversified its product offerings to include smart locks [2][5] - The company is headquartered in Hong Kong and primarily serves customers in the United States and Canada [5] - Intelligent Living continues to invest in automated product lines and new craftsmanship to meet evolving customer needs [5] Product Features - The Competitive Smart Lock offers advanced security through encryption and multiple authentication methods [7] - It provides convenience with remote access and seamless integration with smartphones [7] - The product features a sleek design that complements various home décors [7] Market Positioning - The launch of the Competitive Smart Lock is expected to expand the company's market reach and reinforce its dedication to high-quality home automation solutions [3][4] - Intelligent Living aims to capture opportunities in the rapidly growing smart lock market [2]

HONG KONG, Feb. 27, 2025 /PRNewswire/ -- Intelligent Living Application Group Inc. (NASDAQ: ILAG) ("Intelligent Living" or the "Company"), a premium lockset manufacturer in Hong Kong, today announced the closing of its previously announced "best efforts" public offering of 1,034,483 ordinary shares of the Company at a public offering price of $0.58 per share. Total gross proceeds from the offering, before deducting the placement agent's fees and other offering expenses, is $600,000.   Craft Capital Manageme ...

Core Viewpoint - Intelligent Living Application Group Inc. has announced a public offering of 1,034,483 ordinary shares at a price of $0.58 per share, aiming to raise approximately $600,000 before expenses [1][2]. Group 1: Offering Details - The public offering is expected to close on February 27, 2025, pending customary closing conditions [1]. - Craft Capital Management LLC is acting as the sole placement agent for the offering [2]. - The net proceeds from the offering will be used for general corporate purposes, capital expenditures, working capital, and general and administrative expenses [2]. Group 2: Company Background - Intelligent Living Application Group Inc. is a premium lockset manufacturer based in Hong Kong, primarily serving customers in the United States and Canada [4]. - The company has been in operation for 40 years, focusing on diversifying and refining its product offerings, including high-quality mechanical locksets and smart locks [4]. - Intelligent Living holds the ISO9001 quality assurance certificate and various accredited quality and safety certificates, including ANSI Grade 2 and Grade 3 standards [4].

Core Viewpoint - Intelligent Living Application Group Inc. has received a notification from Nasdaq regarding non-compliance with the minimum bid price requirement due to its ordinary shares closing below $1.00 for 30 consecutive trading days [1][2]. Group 1: Nasdaq Notification and Compliance - The notification does not have an immediate effect on the listing of the Company's ordinary shares [2]. - The Company has a Compliance Period of 180 calendar days, until July 22, 2025, to regain compliance with the Minimum Bid Price Requirement [2]. - If the bid price closes at least $1.00 for 10 consecutive business days before the Compliance Period ends, Nasdaq will confirm compliance [2]. - If compliance is not regained by the end of the Compliance Period, the Company may be eligible for an additional 180-day period, provided it meets other listing requirements [2]. Group 2: Company Actions and Monitoring - The Company intends to actively monitor the bid price of its ordinary shares during the Compliance Period and will explore all options to resolve the deficiency [3]. Group 3: Company Overview - Intelligent Living Application Group Inc. is a premium lockset manufacturer based in Hong Kong, primarily serving customers in the United States and Canada [4]. - The Company has been diversifying its product offerings for 40 years and holds various quality assurance certifications, including ISO9001 and ANSI Grade 2 and Grade 3 standards [4]. - Intelligent Living continues to invest in automated product lines and the development of new products, including smart locks [4].

HONG KONG, Dec. 20, 2024 /PRNewswire/ -- Intelligent Living Application Group Inc. (Nasdaq: ILAG) (the "Company" or "Intelligent Living"), a premium lockset manufacturer and distributor headquartered in Hong Kong, today announced its unaudited financial results for the six months ended June 30, 2024.First Half 2024 Financial Highlights Revenues were $4,473,031, an 131.1% increase from $1,935,641 for the six months ended June 30, 2023. Gross profit was $702,184, an 5728.7% increase from $12,047 for the six m ...

HONG KONG, Aug. 26, 2024 /PRNewswire/ -- Intelligent Living Application Group Inc. (NASDAQ: ILAG) ("Intelligent Living" or the "Company"), a premium lockset manufacturer in Hong Kong, announced today that, on August 26, 2024, the Company entered into a strategic cooperation agreement with Specifix Limited ("Specifix"), one of the leading companies in artificial intelligence assisted robotics research and development in Hong Kong.Specifix deploys its artificial intelligence ("AI") assisted robotics research ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Title of each class Trading Symbol(s) Name of each exchange on which registered Ordinary Shares, par value $0.0001 ILAG Nasdaq Capital Market FORM 20-F ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF ...

HONG KONG, April 19, 2024 /PRNewswire/ -- Intelligent Living Application Group Inc. (NASDAQ: ILAG) ("Intelligent Living" or the "Company"), a premium lockset manufacturer in Hong Kong, announced today that, on April 17, 2024, the Company received a written notification from the NASDAQ Stock Market Listing Qualifications Staff (the "Staff") indicating that the Company has been granted an additional 180 calendar day period or until October 14, 2024, to regain compliance with the $1.00 minimum closing bid pric ...

Intelligent Living Application (NASDAQ:ILAG) stock is heading higher on Friday with heavy trading of the mechanical lockset company’s shares this morning.That has more than 4.5 million shares of ILAG stock changing hands as of this writing. This is already well above its daily average trading volume of roughly 95,000 shares.It’s worth pointing out that this movement comes despite a lack of news from Intelligent Living Application. There are no new press releases or filings from the company that would cause ...