Intelligent Group Limited (INTJ) reported unaudited results for the six months ended May 31, 2026, with revenue of HK$15,503,019 versus HK$8,202,158 for the six months ended May 31, 2025, and net income of HK$2,830,527 versus HK$36,606. Operating results shifted from a HK$963,597 loss to HK$1,519,810 income. Project-based PR revenue was HK$7,775,384 versus HK$2,269,121, while Financial PR services revenue was HK$3,110,846 versus HK$4,679,637; some contracts had completed and were not renewed by clients. Direct costs were HK$7,757,055 versus HK$2,240,057, and gross margin declined from over 70% to approximately 50%.
Operating cash flow was HK$1,742,250, compared with net cash used of HK$95,540 for the six months ended May 31, 2025; cash and cash equivalents were HK$76,113,990 as of May 31, 2026. Accounts receivable, net was HK$6,075,132 as of May 31, 2026, and HK$13,772,246 was due from director and shareholder Ms. Wai Lau; the balance is unsecured and interest-free. On April 29, 2026, the company issued 600,000 Class B ordinary shares for gross proceeds of US$7,500,000 and received the subscription proceeds after the interim period.
Intelligent Group Limited (INTJ) reports changes to its board of directors. Effective September 3, 2026, the company appointed Dr. Jialin Lu as an independent director, a member of the audit, compensation, and nominating and corporate governance committees, and chairperson of the nominating and corporate governance committee. On the same date, Ms. Sha Ye resigned as an independent director; the company states this resignation did not result from any disagreement with the company. After these changes, the board consists of nine members, comprising six executive directors and three independent directors.
The company describes itself as a professional services provider focused on financial public relations through its key operating entity in Hong Kong, offering communications, investor-targeting, corporate event organization, and crisis management support to clients.
Intelligent Group Ltd (INTJ) reported an initial statement of beneficial ownership on Form 3 for CHEN Youdinghuan, who is identified as a director of the company. The filing lists no transactions or derivative positions and provides no share holdings data, serving as a baseline ownership disclosure.
Intelligent Group Ltd (INTJ) has a new Form 3 filing for reporting person ZHANG Yiwen zy, who is identified as a director of the company. The filing is an initial statement of beneficial ownership and does not list any reportable transactions or holdings in Intelligent Group Ltd securities.
Intelligent Group Ltd (INTJ) reported that LIAO Zhen is a director and filed an initial statement of beneficial ownership on Form 3. The filing lists no reportable transactions, acquisitions, dispositions, or derivative positions and does not provide any holdings detail.
Intelligent Group Ltd (INTJ) filed an initial statement of beneficial ownership (Form 3) for WEI Xinyi, who is identified as a director of the company and not an officer or 10% owner. The filing reports no transactions and does not list any equity holdings or derivative positions.
Intelligent Group Limited appointed four new executive directors to its board, effective June 30, 2026. Mr. Xuan He, already the Company’s chief financial officer, joins the board alongside Ms. Xinyi Wei, Ms. Zhen Liao and Ms. Yiwen Zhang.
These appointees bring experience in financial management, corporate strategy, marketing, financial services, manufacturing and vocational education. Following the appointments, the board will have nine members in total, comprising six executive directors and three independent directors, reflecting a broader leadership base for the professional financial PR services provider.
Intelligent Group Ltd reports an amended ownership filing tied to a completed private placement. On April 29, 2026, the company sold 600,000 Class B ordinary shares at US$12.5 per share to New Bay Development (Intel) Holding Co., Limited for total proceeds of US$7,500,000. These 600,000 Class B shares give New Bay Development, its parent New Bayarea Development Holding and XJ International sole voting and dispositive power over that block.
The filing shows total ordinary shares outstanding of 2,137,498 as of April 29, 2026, treated as a single class for percentage calculations. Based on this, New Bay Development’s 600,000 Class B shares represent 28.1% of the class, while Hong Kong investor Huiwu Wang is deemed to beneficially own 1,050,225 shares, or 49.1%, through a combination of direct holdings and layered ownership in related entities. Other entities, including Hope Education and Tequ Group affiliates, hold indirect economic interests in portions of the 600,000 Class B shares but do not control their voting. The reporting group states the investment is primarily for investment purposes and notes no other share transactions in the past 60 days.
Intelligent Group Limited entered into a securities purchase agreement with an affiliated entity to issue 600,000 Class B ordinary shares at US$12.50 per share. This transaction will provide US$7,500,000 in gross proceeds to the company.
The buyer is a wholly owned subsidiary of XJ International Holdings Co., Ltd., in which existing shareholder Mr. Huiwu Wang holds a substantial interest and serves as director and chief executive officer. After closing, Intelligent Group will have 2,137,498 ordinary shares outstanding, consisting of 1,462,498 Class A shares and 675,000 Class B shares.
Intelligent Group Limited filed an amended annual report on Form 20-F/A to update its corporate governance disclosures. The amendment replaces Item 16G in full and confirms that, as a British Virgin Islands company listed on Nasdaq, it may follow home-country governance practices instead of certain Nasdaq rules.
The company states that BVI counsel has certified BVI law does not require compliance with the exempted Nasdaq corporate governance provisions. It cautions that following BVI practices may afford shareholders less protection than if the company fully complied with Nasdaq standards. The amendment also re-files management certifications under Section 302 of the Sarbanes-Oxley Act and leaves all other original annual report disclosures unchanged.