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Intelligent Living Application Group Inc.

corporate_fare Company Profile

Intelligent Living Application Group Inc.

ILAG·NASDAQ·Basic Materials·CIK 0001814963

Hing Fat manufactures and sells high-quality mechanical locksets, primarily in the United States and Canada. The company began selling door locksets in 1981 and started a manufacturing workshop in China in 1983, which is now its manufacturing subsidiary, Xingfa. Since 2000, Hing Fat has offered products meeting American National Standards Institute (ANSI) Grade 2 and Grade 3 standards, developed by the Builders Hardware Manufacturing Association (BHMA) for ANSI. The company focuses on producing mechanical locksets for both outdoor uses, such as main entrances and gates, and indoor uses. Hing Fat designs its products to go beyond basic security, offering a wide range of Original Design Manufacturer (ODM) door locksets from "Premium Series" to "Economy-oriented Series" with classic to contemporary looks, functions, and colors. Currently, products are sold mainly in the USA, and some in Canada, Taiwan, and China. Sales to the US and Canada ("North America") are primarily handled through Kambo Locksets, a Hong Kong registered subsidiary. Kambo Hardware, another Hong Kong registered subsidiary, distributes locksets and related hardware to countries outside North America, serving customers in Asian countries including Thailand and Australia. In 1993, Hing Fat established its wholly foreign-owned entity (WFOE) subsidiary, Dongguan Xingfa Hardware Products Limited ("Xingfa"), located in Shatian County, Dongguan City, Guangdong Province of PRC. Xingfa operates a 12,294 m² manufacturing facility equipped with various machines for metal processing, including die casting machines, furnaces, and polishing machines.

Intelligent Living Application Group Inc. (NASDAQ:ILAG) is a publicly traded company in the Basic Materials sector. Wiseek monitors ILAG SEC EDGAR filings and licensed market news in real time, scoring each submission for market-moving significance on a 1–10 scale. Items rated 7 or higher generate instant alerts.

Recent high-impact activity:

  • CFO Resigns Amidst 'Going Concern' Warning, Transitions to Advisor Role
  • Intelligent Living Application Group Reports Massive Losses, Going Concern Doubt, and CEO Consolidates Control with Super-Voting Shares
  • CEO & Chairman Bong Lau Discloses 43.8% Beneficial Ownership, Primarily Through Convertible Preferred Shares
  • Intelligent Living Regains Nasdaq Compliance, Averting Delisting Risk

Financial Snapshot

Fiscal year ended December 31, 2025
Revenue
$4.49M
Net Income
-$19.35M
Diluted EPS
-$9.50
Op. Cash Flow
-$2.43M
Free Cash Flow
-$2.45M
Gross Profit
$129.8K
Operating Income
-$19.35M
Cash & Equivalents
$645.94K
Debt / Equity
0.00×
Net Margin
-430.6%
Shares Outstanding
2.08M sh
Source: 20-F · filed 2026-04-24 · accession 0001493152-26-018930

Insider Transactions

ILAG files as a Foreign Private Issuer (FPI). Under SEC Exchange Act Section 16(a), officers, directors, and 10% owners of FPIs are exempt from Form 4 insider-transaction reporting requirements. Comparable disclosures, when applicable, appear in the company's Form 20-F (annual) or Form 6-K (interim) filings on SEC EDGAR.

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$2.72
52-week range · as of 2026-05-06 $2.04 – $9.8
Market cap
$5.65M
Volume
15.9K (0.2× avg)
3-mo avg 87.9K
Live data · 2026-06-12 20:08 UTC · After hours

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feed ILAG - Latest Insights

ILAG
May 06, 2026, 4:30 PM EDT
Filing Type: 6-K
Importance Score:
8
Price at Filing: $3.77
Real-time Price: $2.72 info
Change: -$1.05 (-28%) info
Market Cap: $5.649M info
ILAG
Apr 24, 2026, 4:30 PM EDT
Filing Type: 20-F
Importance Score:
10
Price at Filing: $3.90
Real-time Price: $2.72 info
Change: -$1.18 (-30%) info
Market Cap: $5.649M info
ILAG
Mar 20, 2026, 4:45 PM EDT
Filing Type: SCHEDULE 13D
Importance Score:
9
Price at Filing: $2.85
Real-time Price: $2.72 info
Change: -$0.130 (-5%) info
Market Cap: $5.649M info
ILAG
Jan 15, 2026, 8:30 AM EST
Filing Type: 6-K
Importance Score:
8
Price at Filing: $4.00
Real-time Price: $2.72 info
Change: -$1.28 (-32%) info
Market Cap: $5.649M info