#Hong Kong #Share Consolidation #Intelligent Living #Nasdaq ILAG

Intelligent Living Application Group Inc. Announces Share Consolidation

Intelligent Living Application Group Inc. (Nasdaq: ILAG), a high-quality lockset manufacturer based in Hong Kong, has made a pivotal announcement regarding its investment strategy. On December 15, 2025, during an extraordinary general meeting, shareholders approved a decisive measure: a share consolidation process identified as a reverse stock split. This consolidation involves merging all issued and authorized shares, which includes ordinary and preferred shares, into fewer, higher-value shares over the upcoming year.

On December 22, 2025, the company's Board of Directors confirmed that the consolidation ratio would be set at one share for every ten held, which translates into a significant adjustment of the company's capital structure. The number of outstanding ordinary shares will decrease from approximately 20,769,483 to roughly 2,077,448, reflecting a new par value rising from $0.0001 to $0.001. Additionally, the Series A and Series B preferred shares will also undergo a similar adjustment, reducing their outstanding numbers to 200,000 and 1,000,000 respectively, with their par values similarly increased.

The decision to execute this reverse stock split is primarily influenced by compliance needs related to the Nasdaq Marketplace Rule 5550(a)(2), which mandates a minimum bid price for listed stocks. This action is designed to align the company more closely with market standards, potentially enhancing its attractiveness to investors and stabilizing its market presence.

For existing shareholders, the consolidation means their percentage ownership in Intelligent Living will stay essentially unchanged, barring minor adjustments due to the rounding of fractional shares. To minimize impact, shareholders holding shares electronically through brokerage accounts will see the changes reflected automatically without needing any action on their part.

Intelligent Living Application Group Inc. has built its reputation over the past forty years as a premier manufacturer of mechanical locksets, contributing to significant market segments in the United States and Canada. Their commitment to quality is evident in their selection of top-tier certifications including the ISO9001 and ANSI Grade standards, which endorse their products' safety and durability.

Moving forward, Intelligent Living continues to innovate and diversify its product offerings, integrating smart technology solutions into its portfolio while investing significantly in automation and modern manufacturing processes. The company has clearly outlined its intentions to maintain a robust market presence and fulfill evolving customer needs through ongoing investment and development.

This consolidation represents a strategic maneuver aimed not just at compliance, but also to fortify its market standing and prepare for future growth strategies. As Intelligent Living adapts to the changes in market dynamics, shareholders and potential investors alike will be watching closely how these changes impact the company’s operational functionality and financial health in a competitive landscape. For more information about Intelligent Living, shareholders and interested parties can visit their official website at www.i-l-a-g.com.

Conclusion

The share consolidation by Intelligent Living Application Group Inc. marks a significant milestone in its business evolution. With a refined capital structure and a clear strategy for market compliance, the company looks poised to navigate the challenges and opportunities that lie ahead. As they continue to enhance their product offerings and operational efficacies, stakeholders can remain optimistic about the future of Intelligent Living.