Intelligent Group (NASDAQ: INTJ) raises $7.5M in insider-linked share sale

Rhea-AI Filing Summary

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.

Insights

Equity ownership and capital markets analyst

Private placement raises $7.5M and concentrates Intelligent Group’s ownership among affiliated investors.

The filing describes a completed private placement where Intelligent Group Ltd issued 600,000 Class B ordinary shares at US$12.5 per share, raising US$7,500,000. These new shares account for a sizable portion of the 2,137,498 ordinary shares outstanding as of April 29, 2026, when Class A and Class B are treated as a single class.

Control is concentrated: New Bay Development (Intel) Holding, its upstream Cayman parent and XJ International have sole voting and dispositive power over the 600,000 Class B shares, representing 28.1% of the class. Through multiple holding structures and a family trust, Huiwu Wang is deemed to beneficially own 1,050,225 shares, or 49.1%, giving him substantial influence.

The filing emphasizes that many related entities, including Hope Education and Tequ Group affiliates, have indirect economic interests in portions of these shares but no power to vote them. The transaction is described as primarily for investment purposes, with no additional share trades by the reporting persons in the 60 days before the event. Future company filings may further clarify how this ownership structure interacts with governance and strategic decisions.

Key Figures

Private placement size: 600,000 Class B ordinary shares Issue price: US$12.5 per share Total consideration: US$7,500,000 +5 more

8 metrics

Private placement size 600,000 Class B ordinary shares Issued to New Bay Development (Intel) Holding on April 29, 2026

Issue price US$12.5 per share Purchase price for 600,000 Class B shares in private placement

Total consideration US$7,500,000 Aggregate purchase price paid by New Bay Development (Intel) Holding

Total ordinary shares outstanding 2,137,498 ordinary shares 1,462,498 Class A and 675,000 Class B as of April 29, 2026

New Bay stake 28.1% of class 600,000 Class B shares treated within single class of 2,137,498

Huiwu Wang beneficial ownership 1,050,225 shares (49.1%) Beneficial ownership of Intelligent Group ordinary shares as of April 29, 2026

Hope Education indirect interest 278,582 Class B shares Proportionate indirect economic interest via XJ International

Tequ Group HK indirect interest 3,165 Class B shares Proportionate indirect economic interest via direct XJ International holding

Key Terms

Securities Purchase Agreement, Private Placement, beneficial ownership, dispositive power, +2 more

6 terms

Securities Purchase Agreement financial

"the Issuer entered into a securities purchase agreement (the "Securities Purchase Agreement") with New Bay Development (Intel) Holding Co., Limited"

A securities purchase agreement is a written contract between a buyer and a seller outlining the terms for buying or selling financial assets such as stocks or bonds. It specifies details like the price, quantity, and conditions of the transaction, similar to a shopping list with agreed-upon terms. For investors, it provides clarity and legal protection when transferring ownership of these financial instruments.

Private Placement financial

"for a purchase price of US$12.5 per share and a total consideration of US$7,500,000 (the "Private Placement")"

A private placement is a way for companies to raise money by selling securities directly to a small group of investors instead of through a public offering. This process is often quicker and less regulated, making it similar to offering a special, exclusive investment opportunity to select individuals or institutions. For investors, it can provide access to unique investment options that are not available on public markets.

beneficial ownership financial

"The ownership information presented herein represents beneficial ownership of Class A ordinary shares of the Issuer as of April 29, 2026"

Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.

dispositive power financial

"is deemed, for purposes of Rule 13d-3 , to beneficially own the sole voting power and dispositive power with respect to the 600,000 Class B ordinary shares"

Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.

sole voting power financial

"is deemed, for purposes of Rule 13d-3 , to beneficially own the sole voting power and dispositive power with respect to the 600,000 Class B ordinary shares"

Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.

Schedule 13D regulatory

"amends and supplements the statement on originally filed with the Securities and Exchange Commission (the "SEC") on March 2, 2026"

A Schedule 13D is a legal document that investors file with regulators when they buy a large enough stake in a company to potentially influence its management or decisions. It provides details about the investor’s intention, ownership stake, and plans, helping other investors understand who is gaining control and what their motives might be.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13D

Under the Securities Exchange Act of 1934

(Amendment No. 1)

Intelligent Group Ltd

(Name of Issuer)

Class A ordinary shares, US$0.0002 par value per share

(Title of Class of Securities)

G48047115

(CUSIP Number)

Huiwu Wang
Unit 221, 2/F, Mirror Tower, 61 Mody Rd, Tsim Sha Tsui East
Kowloon, K3, 000000
852 64369596

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

04/29/2026

(Date of Event Which Requires Filing of This Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

schemaVersion:

SCHEDULE 13D

CUSIP Number(s): G48047115

1

Name of reporting person

Hong Kong Maysunshine Investment Management Co., Limited

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

WC

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

HONG KONG

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 450,225.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 450,225.00

11

Aggregate amount beneficially owned by each reporting person

450,225.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

21.1 %

14

Type of Reporting Person (See Instructions)

CO

Comment for Type of Reporting Person:

(1) Representing 375,225 Class A ordinary shares and 75,000 Class B ordinary shares directly held by VL Prime Capital Limited, a limited liability company incorporated in British Virgin Islands, which is owned by Spring Cow Capital Limited, a limited liability company incorporated in British Virgin Islands, as to 99% and Hong Kong Maysunshine Investment Management Co., Limited as to 1%, respectively. Spring Cow Capital Limited is owned by Ms. Wai Lau as to 99% and Hong Kong Maysunshine Investment Management Co., Limited as to 1%, respectively. (2) Calculated based on 2,137,498 ordinary shares, being the sum of 1,462,498 Class A ordinary shares and 675,000 Class B ordinary shares as a single class issued and outstanding as of April 29, 2026, according to the Issuer's report on Form 6-K filed with the Securities and Exchange Commission on April 30, 2026. The Class B ordinary shares are treated as converted into Class A ordinary shares only for the purpose of calculating the percentage ownership.

SCHEDULE 13D

CUSIP Number(s): G48047115

1

Name of reporting person

New Bay Development (Intel) Holding Co., Limited

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

WC

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

HONG KONG

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 600,000.00
8	Shared Voting Power 0.00
9	Sole Dispositive Power 600,000.00
10	Shared Dispositive Power 0.00

11

Aggregate amount beneficially owned by each reporting person

600,000.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

28.1 %

14

Type of Reporting Person (See Instructions)

CO

SCHEDULE 13D

CUSIP Number(s): G48047115

1

Name of reporting person

New Bayarea Development Holding Co., Ltd

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

WC

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

CAYMAN ISLANDS

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 600,000.00
8	Shared Voting Power 0.00
9	Sole Dispositive Power 600,000.00
10	Shared Dispositive Power 0.00

11

Aggregate amount beneficially owned by each reporting person

600,000.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

28.1 %

14

Type of Reporting Person (See Instructions)

CO

SCHEDULE 13D

CUSIP Number(s): G48047115

1

Name of reporting person

XJ International Holdings Co., Ltd.

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

WC

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

CAYMAN ISLANDS

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 600,000.00
8	Shared Voting Power 0.00
9	Sole Dispositive Power 600,000.00
10	Shared Dispositive Power 0.00

11

Aggregate amount beneficially owned by each reporting person

600,000.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

28.1 %

14

Type of Reporting Person (See Instructions)

CO

SCHEDULE 13D

CUSIP Number(s): G48047115

1

Name of reporting person

Hope Education Investment Limited

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

WC

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

VIRGIN ISLANDS, BRITISH

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 0.00
9	Sole Dispositive Power 278,582.00
10	Shared Dispositive Power 0.00

11

Aggregate amount beneficially owned by each reporting person

278,582.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

13.0 %

14

Type of Reporting Person (See Instructions)

CO

SCHEDULE 13D

CUSIP Number(s): G48047115

1

Name of reporting person

Maysunshine Limited

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

WC

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

VIRGIN ISLANDS, BRITISH

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 0.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 278,582.00

11

Aggregate amount beneficially owned by each reporting person

278,582.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

13.0 %

14

Type of Reporting Person (See Instructions)

CO

SCHEDULE 13D

CUSIP Number(s): G48047115

1

Name of reporting person

Maysunshine Holdings Limited

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

WC

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

VIRGIN ISLANDS, BRITISH

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 0.00
9	Sole Dispositive Power 6,715.00
10	Shared Dispositive Power 278,582.00

11

Aggregate amount beneficially owned by each reporting person

285,297.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

13.3 %

14

Type of Reporting Person (See Instructions)

CO

SCHEDULE 13D

CUSIP Number(s): G48047115

1

Name of reporting person

Cantrust Far East Limited

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

WC

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

VIRGIN ISLANDS, BRITISH

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 0.00
9	Sole Dispositive Power 6,715.00
10	Shared Dispositive Power 278,582.00

11

Aggregate amount beneficially owned by each reporting person

285,297.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

13.3 %

14

Type of Reporting Person (See Instructions)

CO

SCHEDULE 13D

CUSIP Number(s): G48047115

1

Name of reporting person

Huiwu Wang

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

WC

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

HONG KONG

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 1,050,225.00
9	Sole Dispositive Power 12,329.00
10	Shared Dispositive Power 728,807.00

11

Aggregate amount beneficially owned by each reporting person

1,050,225.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

49.1 %

14

Type of Reporting Person (See Instructions)

IN

Comment for Type of Reporting Person:

(1) Representing (i) 375,225 Class A ordinary shares and 75,000 Class B ordinary shares directly held by VL Prime Capital Limited, a limited liability company incorporated in British Virgin Islands, which is owned by Spring Cow Capital Limited, a limited liability company incorporated in British Virgin Islands, as to 99% and Hong Kong Maysunshine Investment Management Co., Limited as to 1%, respectively. Spring Cow Capital Limited is owned by Ms. Wai Lau as to 99% and Hong Kong Maysunshine Investment Management Co., Limited as to 1%, respectively. Hong Kong Maysunshine Investment Management Co., Limited is wholly owned by Mr. Huiwu Wang, and (ii) 600,000 Class B ordinary shares directly held by New Bay Development (Intel) Holding Co., Limited. New Bay Development (Intel) Holding Co., Limited is wholly owned by New Bayarea Development Holding Co., Ltd, which is in turn wholly owned by XJ International. By virtue of Mr. Huiwu Wang's deemed interest in 4,205,588,794 ordinary shares of XJ International, representing approximately 48.49% of the issued share capital of XJ International, his positions as an executive director, chief executive officer and president of XJ International, and his ability to influence the management, policies and voting decisions of XJ International and its wholly-owned subsidiaries, Mr. Wang may be deemed to share voting power with respect to the 600,000 Class B ordinary shares of the Issuer held of record by New Bay Development (Intel) Holding Co., Limited. (2) Calculated based on 2,137,498 ordinary shares, being the sum of 1,462,498 Class A ordinary shares and 675,000 Class B ordinary shares as a single class issued and outstanding as of April 29, 2026, according to the Issuer's report on Form 6-K filed with the Securities and Exchange Commission on April 30, 2026. The Class B ordinary shares are treated as converted into Class A ordinary shares only for the purpose of calculating the percentage ownership.

SCHEDULE 13D

CUSIP Number(s): G48047115

1

Name of reporting person

Tequ Group A Limited

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

WC

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

VIRGIN ISLANDS, BRITISH

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 0.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 278,582.00

11

Aggregate amount beneficially owned by each reporting person

278,582.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

13.0 %

14

Type of Reporting Person (See Instructions)

CO

SCHEDULE 13D

CUSIP Number(s): G48047115

1

Name of reporting person

Tequ Group (Hong Kong) Company Limited

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

WC

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

HONG KONG

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 0.00
9	Sole Dispositive Power 3,165.00
10	Shared Dispositive Power 278,582.00

11

Aggregate amount beneficially owned by each reporting person

281,747.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

13.2 %

14

Type of Reporting Person (See Instructions)

CO

SCHEDULE 13D

CUSIP Number(s): G48047115

1

Name of reporting person

Shanghai Yi Zeng Enterprise Management Co., Ltd.

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

WC

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

CHINA

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 0.00
9	Sole Dispositive Power 3,165.00
10	Shared Dispositive Power 278,582.00

11

Aggregate amount beneficially owned by each reporting person

281,747.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

13.2 %

14

Type of Reporting Person (See Instructions)

CO

SCHEDULE 13D

CUSIP Number(s): G48047115

1

Name of reporting person

Sichuan Tequ Investment Group Limited

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

WC

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

CHINA

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 0.00
9	Sole Dispositive Power 3,165.00
10	Shared Dispositive Power 278,582.00

11

Aggregate amount beneficially owned by each reporting person

281,747.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

13.2 %

14

Type of Reporting Person (See Instructions)

CO

SCHEDULE 13D

CUSIP Number(s): G48047115

1

Name of reporting person

Chengdu West Hope Group Limited

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

WC

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

CHINA

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 0.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 281,747.00

11

Aggregate amount beneficially owned by each reporting person

281,747.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

13.2 %

14

Type of Reporting Person (See Instructions)

CO

SCHEDULE 13D

CUSIP Number(s): G48047115

1

Name of reporting person

Sichuan Puhua Agricultural Technology Development Limited

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

WC

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

CHINA

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 0.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 281,747.00

11

Aggregate amount beneficially owned by each reporting person

281,747.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

13.2 %

14

Type of Reporting Person (See Instructions)

CO

SCHEDULE 13D

CUSIP Number(s): G48047115

1

Name of reporting person

Qiang Zhang

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

WC

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

CHINA

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 0.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 281,747.00

11

Aggregate amount beneficially owned by each reporting person

281,747.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

13.2 %

14

Type of Reporting Person (See Instructions)

IN

SCHEDULE 13D

CUSIP Number(s): G48047115

1

Name of reporting person

Degen Wang

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

WC

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

CHINA

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 0.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 281,747.00

11

Aggregate amount beneficially owned by each reporting person

281,747.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

13.2 %

14

Type of Reporting Person (See Instructions)

IN

SCHEDULE 13D

CUSIP Number(s): G48047115

1

Name of reporting person

Yuxin Chen

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

WC

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

CHINA

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 0.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 281,747.00

11

Aggregate amount beneficially owned by each reporting person

281,747.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

13.2 %

14

Type of Reporting Person (See Instructions)

IN

SCHEDULE 13D

CUSIP Number(s): G48047115

1

Name of reporting person

Guiqin Zhao

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

WC

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

CHINA

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 0.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 281,747.00

11

Aggregate amount beneficially owned by each reporting person

281,747.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

13.2 %

14

Type of Reporting Person (See Instructions)

IN

SCHEDULE 13D

Item 1.	Security and Issuer
(a)	Title of Class of Securities: Class A ordinary shares, US$0.0002 par value per share
(b)	Name of Issuer: Intelligent Group Ltd
(c)	Address of Issuer's Principal Executive Offices: Unit 1203C, Level 12, Admiralty Centre, Tower 1, 18 Harcourt Road, Admiralty, HONG KONG , 000000.
Item 1 Comment: This Amendment No. 1 (this "Amendment No.1") amends and supplements the statement on Schedule 13D originally filed with the Securities and Exchange Commission (the "SEC") on March 2, 2026 (as amended to date, the "Statement") and is filed on behalf of (i) Hong Kong Maysunshine Investment Management Co., Limited, (ii) New Bay Development (Intel) Holding Co., Limited, (iii) New Bayarea Development Holding Co., Ltd, (iv) XJ International Holdings Co., Ltd. ("XJ International"), (v) Hope Education Investment Limited ("Hope Education"), (vi) Maysunshine Limited, (vii) Maysunshine Holdings Limited, (viii) Cantrust Far East Limited, (ix) Mr. Huiwu Wang, (x) Tequ Group A Limited, (xi) Tequ Group (Hong Kong) Company Limited, (xii) Shanghai Yi Zeng Enterprise Management Co., Ltd., (xiii) Sichuan Tequ Investment Group Limited, (xiv) Chengdu West Hope Group Limited, (xv) Sichuan Puhua Agricultural Technology Development Limited, (xvi) Ms. Qiang Zhang, (xvii) Mr. Degen Wang, (xviii) Mr. Yuxin Chen, and (xix) Ms. Guiqin Zhao (collectively, the "Reporting Persons"). This Amendment No. 1 relates to the Class A ordinary shares of the Issuer. Capitalized terms used herein without definition in this Amendment No. 1 shall have the meaning set forth in the Statement. CUSIP number G48047115 has been assigned to the Class A ordinary shares, which are traded on the Nasdaq Stock Market under the symbol "INTJ."
Item 2.	Identity and Background
(a)	Item 2 of the Statement is hereby amended and restated as follows: This Amendment No. 1 is filed by (i) Hong Kong Maysunshine Investment Management Co., Limited, (ii) New Bay Development (Intel) Holding Co., Limited, (iii) New Bayarea Development Holding Co., Ltd, (iv) XJ International, (v) Hope Education, (vi) Maysunshine Limited, (vii) Maysunshine Holdings Limited, (viii) Cantrust Far East Limited, (ix) Mr. Huiwu Wang, (x) Tequ Group A Limited, (xi) Tequ Group (Hong Kong) Company Limited, (xii) Shanghai Yi Zeng Enterprise Management Co., Ltd., (xiii) Sichuan Tequ Investment Group Limited, (xiv) Chengdu West Hope Group Limited, (xv) Sichuan Puhua Agricultural Technology Development Limited, (xvi) Ms. Qiang Zhang, (xvii) Mr. Degen Wang, (xviii) Mr. Yuxin Chen, and (xix) Ms. Guiqin Zhao.
(b)	The principal business address of Hong Kong Maysunshine Investment Management Co., Limited is Unit 221, 2/F, Mirror Tower, 61 Mody Rd, Tsim Sha Tsui East, Kowloon, Hong Kong. The principal business address of New Bay Development (Intel) Holding Co., Limited is Unit 221, 2/F., Mirror Tower, 61 Mody Road, Tsim Sha Tsui East, Kowloon, Hong Kong. The registered office of New Bayarea Development Holding Co., Ltd is Vistra (Cayman) Limited, P. O. Box 31119 Grand Pavilion, Hibiscus Way, 802 West Bay Road, Grand Cayman, KY1 - 1205 Cayman Islands. The principal business address of XJ International is 5/F, Administrative Building, Sichuan TOP IT Vocational Institute, 2000 Xi Qu Avenue, Pidu District, Chengdu. The registered office of Hope Education is the offices of Maples Corporate Services (BVI) Limited, Kingston Chambers, PO Box 173, Road Town, Tortola, British Virgin Islands. The registered office of Maysunshine Limited is Kingston Chambers PO Box 173 Road Town, Tortola British Virgin Islands. The registered office of Maysunshine Holdings Limited is Luna Tower, Waterfront Drive, Road Town, Tortola VG1110, British Virgin Islands. The registered office of Cantrust Far East Limited is Luna Tower, Waterfront Drive, Road Town, Tortola VG1110, British Virgin Islands. The principal business address of Mr. Huiwu Wang is Unit 221, 2/F, Mirror Tower, 61 Mody Rd, Tsim Sha Tsui East, Kowloon, Hong Kong. The registered office of Tequ Group A Limited is Maples Corporate Services (BVI) Limited, Kingston Chambers, PO Box 173, Road Town, Tortola, British Virgin Islands. The principal business address of Tequ Group (Hong Kong) Company Limited is 40/F, Dah Sing Financial Centre, 248 Queen's Road East, Wanchai, Hong Kong. The principal business address of Shanghai Yi Zeng Enterprise Management Co., Ltd. is 5th Floor, Building 7, No. 3601 Dongfang Road, Pudong New Area, Shanghai. The principal business address of Sichuan Tequ Investment Group Limited is No. 22, Xiwangxi Road, Wujin Street, Xinjin District, Chengdu. The principal business address of Chengdu West Hope Group Limited is Hope City, Xinjin District, Chengdu. The principal business address of Sichuan Puhua Agricultural Technology Development Limited is No. 2-1-2, Jintai Apartment, No. 64, Section 3, East 1st Ring Road, Chenghua District, Chengdu. The principal business address of Ms. Qiang Zhang is No. 1, 1F, Building 17, No. 1, Hebin Road, Jinjiang District, Chengdu. The principal business address of Mr. Degen Wang is No. 1F, Building 17, 1 Hebin Road, Jinjiang District, Chengdu. The principal business address of Mr. Yuxin Chen is No.3, 3F, No. 192 Wuyang Middle Road, Wujin Town, Xinjin County, Sichuan Province. The principal business address of Ms. Guiqin Zhao is No.3, 14F, Unit 2, Building 124, No. 46, Section 4 Renmin Nan Road, Wuhou District, Chengdu.
(c)	The principal business of Hong Kong Maysunshine Investment Management Co., Limited is import and export trade. The principal business of each of New Bay Development (Intel) Holding Co., Limited, New Bayarea Development Holding Co., Ltd, XJ International, Hope Education, Maysunshine Limited, and Maysunshine Holdings Limited is investment holding. The principal business of Cantrust Far East Limited is providing trust services. Mr. Huiwu Wang is a director of Hong Kong Maysunshine Investment Management Co., Limited, and an executive Director, the chief executive officer and the president of XJ International. The principal business of each of Tequ Group A Limited and Tequ Group (Hong Kong) Company Limited is investment holding. The principal business of Shanghai Yi Zeng Enterprise Management Co., Ltd. is enterprise management, marketing planning, business information consultation, conference services, and etiquette services. The principal business of Sichuan Tequ Investment Group Limited is sales of feed, premixes, and feed additives. The principal business of Chengdu West Hope Group Limited is project investment. The principal business of Sichuan Puhua Agricultural Technology Development Limited is development and sales of protein feed and aquatic feed related products, manufacturing of livestock machinery, and agricultural technology research. Each of Ms. Qiang Zhang, Mr. Degen Wang, Mr. Yuxin Chen and Ms. Guiqin Zhao is a private investor and a substantial shareholder of XJ International.
(d)	During the last five years, none of the Reporting Persons have been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors).
(e)	During the last five years, none of the Reporting Persons have been a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and, as a result of such proceeding, were or are subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws.
(f)	Hong Kong Maysunshine Investment Management Co., Limited is a private company incorporated in Hong Kong. New Bay Development (Intel) Holding Co., Limited is a company incorporated in Hong Kong with limited liability. New Bayarea Development Holding Co., Ltd is incorporated in the Cayman Islands. XJ International is a company incorporated in the Cayman Islands with limited liability and is listed on the Stock Exchange of Hong Kong under stock code "01765". Each of Hope Education, Maysunshine Limited, Maysunshine Holdings Limited and Cantrust Far East Limited is incorporated in the British Virgin Islands. Mr. Huiwu Wang is a citizen of Hong Kong. Tequ Group A Limited is incorporated in the British Virgin Islands. Tequ Group (Hong Kong) Company Limited is incorporated in Hong Kong. Each of Shanghai Yi Zeng Enterprise Management Co., Ltd., Sichuan Tequ Investment Group Limited, Chengdu West Hope Group Limited and Sichuan Puhua Agricultural Technology Development Limited is a PRC-incorporated limited company. Each of Ms. Qiang Zhang, Mr. Degen Wang, Mr. Yuxin Chen and Ms. Guiqin Zhao is a citizen of PRC.
Item 3.	Source and Amount of Funds or Other Consideration
	Item 3 of the Statement is hereby amended and supplemented by inserting the following: On April 29, 2026, the Issuer entered into a securities purchase agreement (the "Securities Purchase Agreement") with New Bay Development (Intel) Holding Co., Limited, pursuant to which New Bay Development (Intel) Holding Co., Limited agreed to subscribe for and purchase from the Issuer, and the Issuer agreed to issue and sell to New Bay Development (Intel) Holding Co., Limited, an aggregate of 600,000 Class B ordinary shares of the Issuer, par value US$0.0002 per share, for a purchase price of US$12.5 per share and a total consideration of US$7,500,000 (the "Private Placement"). The foregoing summary of the Securities Purchase Agreement is subject to, and qualified in its entirety by, such document. The form of the Securities Purchase Agreement is attached hereto as exhibit 99.5 to this Amendment No. 1 and is incorporated herein by reference. The Private Placement was consummated upon satisfying all closing conditions. The source of these funds was the internal cash reserve of New Bay Development (Intel) Holding Co., Limited.
Item 4.	Purpose of Transaction
	Item 4 of the Statement is hereby amended and supplemented by inserting the following: This Amendment No. 1 is filed in connection with the Private Placement. The Reporting Persons executed the Private Placement primarily for investment purpose and intend to review their investments on a continuing basis.
Item 5.	Interest in Securities of the Issuer
(a)	Item 5 of the Statement is hereby amended and restated as follows: The responses of each Reporting Person to Rows (7) through (13) of the cover pages are hereby incorporated by reference in this Item 5. The ownership information presented herein represents beneficial ownership of Class A ordinary shares of the Issuer as of April 29, 2026, based upon 2,137,498 ordinary shares, being the sum of 1,462,498 Class A ordinary shares and 675,000 Class B ordinary shares as a single class issued and outstanding as of April 29, 2026, according to the Issuer's report on Form 6-K filed with the Securities and Exchange Commission on April 30, 2026. The Class B ordinary shares are treated as converted into Class A ordinary shares only for the purpose of calculating the percentage ownership. The 600,000 Class B ordinary shares reported herein were directly owned by New Bay Development (Intel) Holding Co., Limited. New Bay Development (Intel) Holding Co., Limited is wholly owned by New Bayarea Development Holding Co., Ltd. New Bayarea Development Holding Co., Ltd is wholly owned by XJ International. Accordingly, each of New Bay Development (Intel) Holding Co., Limited, New Bayarea Development Holding Co., Ltd and XJ International is deemed, for purposes of Rule 13d-3 under the Securities Exchange Act of 1934, to beneficially own the sole voting power and dispositive power with respect to the 600,000 Class B ordinary shares of the Issuer. Hope Education directly holds 4,027,349,343 ordinary shares of XJ International, representing approximately 46.43% of the issued share capital of XJ International. Accordingly, Hope Education is deemed to have sole dispositive power with respect to 278,582 Class B ordinary shares of the Issuer, representing its proportionate indirect economic interest in such shares through its equity interest in XJ International; however, such equity interest does not confer upon Hope Education the power to direct the voting of any portion of the 600,000 Class B ordinary shares of the Issuer held of record by New Bay Development (Intel) Holding Co., Limited. Such number of shares has been rounded down to the nearest whole share. Hope Education is owned as to 43.19% by Maysunshine Limited, 38.30% by Tequ Group A Limited and 18.51% by Tequ Group Limited. Thus, each of Maysunshine Limited and Tequ Group A Limited is deemed to be interested in the 4,027,349,343 ordinary shares of XJ International held of record by Hope Education. Accordingly, each of Maysunshine Limited and Tequ Group A Limited is deemed to share dispositive power with respect to 278,582 Class B ordinary shares of the Issuer, representing Hope Education's proportionate indirect economic interest in such shares through its equity interest in XJ International; however, such equity interests do not confer upon Maysunshine Limited or Tequ Group A Limited the power to direct the voting of any portion of the 600,000 Class B ordinary shares of the Issuer held of record by New Bay Development (Intel) Holding Co., Limited. Such number of shares has been rounded down to the nearest whole share. Maysunshine Limited is owned as to 94.946% by Maysunshine Holdings Limited, which is in turn 100% beneficially held by the family trust of Mr. Huiwu Wang (Cantrust Far East Limited as trustee of the trust). Mr. Huiwu Wang holds 100% interest in Maysunshine Trust Limited (Cantrust Far East Limited as trustee). Thus, each of Maysunshine Holdings Limited, Cantrust Far East Limited and Mr. Huiwu Wang is deemed to be interested in the 4,027,349,343 ordinary shares of XJ International held of record by Hope Education. In addition, Maysunshine Holdings Limited directly holds 97,076,865 ordinary shares of XJ International, representing approximately 1.12% of the issued share capital of XJ International, and Mr. Huiwu Wang directly holds 81,162,586 ordinary shares of XJ International, representing approximately 0.94% of the issued share capital of XJ International. Accordingly, (i) each of Maysunshine Holdings Limited, Cantrust Far East Limited and Mr. Huiwu Wang is deemed to share dispositive power with respect to 278,582 Class B ordinary shares of the Issuer, representing Hope Education's proportionate indirect economic interest in such shares through its equity interest in XJ International, (ii) Maysunshine Holdings Limited and Cantrust Far East Limited are deemed to have sole dispositive power with respect to 6,715 Class B ordinary shares of the Issuer, representing Maysunshine Holdings Limited's proportionate indirect economic interest in such shares through its direct equity interest in XJ International, and (iii) Mr. Huiwu Wang is deemed to have sole dispositive power with respect to 12,329 Class B ordinary shares of the Issuer, representing his proportionate indirect economic interest in such shares through his direct and indirect equity interests in XJ International. However, such equity interests do not confer upon Maysunshine Holdings Limited, Cantrust Far East Limited or Mr. Huiwu Wang the power to direct the voting of any portion of the 600,000 Class B ordinary shares of the Issuer held of record by New Bay Development (Intel) Holding Co., Limited. Such numbers of shares have been rounded down to the nearest whole share. Tequ Group A Limited is a wholly-owned subsidiary of Tequ Group (Hong Kong) Company Limited. Tequ Group (Hong Kong) Company Limited is wholly owned by Shanghai Yi Zeng Enterprise Management Co., Ltd. Shanghai Yi Zeng Enterprise Management Co., Ltd. is wholly owned by Sichuan Tequ Investment Group Limited, which is in turn owned as to 33% by Chengdu West Hope Group Limited, 40.09% by Sichuan Puhua Agricultural Technology Development Limited and 26.91% by Sichuan Dekang Holdings Group Co., Ltd. Chengdu West Hope Group Limited is owned as to 60% by Mr. Yuxin Chen and 40% by Ms. Guiqin Zhao. Mr. Yuxin Chen and Ms. Guiqin Zhao are spouses. Sichuan Puhua Agricultural Technology Development Limited is owned as to 52.20% by Ms. Qiang Zhang. Mr. Degen Wang and Ms. Qiang Zhang are spouses. Thus, each of Tequ Group (Hong Kong) Company Limited, Shanghai Yi Zeng Enterprise Management Co., Ltd., Sichuan Tequ Investment Group Limited, Chengdu West Hope Group Limited, Sichuan Puhua Agricultural Technology Development Limited, Ms. Qiang Zhang, Mr. Degen Wang, Mr. Yuxin Chen and Ms. Guiqin Zhao is deemed to be interested in the 4,027,349,343 ordinary shares of XJ International held of record by Hope Education. In addition, Tequ Group (Hong Kong) Company Limited directly holds 45,762,927 ordinary shares of XJ International, representing approximately 0.53% of the issued share capital of XJ International. Accordingly, (i) each of Tequ Group (Hong Kong) Company Limited, Shanghai Yi Zeng Enterprise Management Co., Ltd., Sichuan Tequ Investment Group Limited, Chengdu West Hope Group Limited, Sichuan Puhua Agricultural Technology Development Limited, Ms. Qiang Zhang, Mr. Degen Wang, Mr. Yuxin Chen and Ms. Guiqin Zhao is deemed to share dispositive power with respect to 278,582 Class B ordinary shares of the Issuer, representing Hope Education's proportionate indirect economic interest in such shares through its equity interest in XJ International, and (ii) each of Tequ Group (Hong Kong) Company Limited, Shanghai Yi Zeng Enterprise Management Co., Ltd., and Sichuan Tequ Investment Group Limited is deemed to have sole dispositive power, and each of Chengdu West Hope Group Limited, Sichuan Puhua Agricultural Technology Development Limited, Ms. Qiang Zhang, Mr. Degen Wang, Mr. Yuxin Chen and Ms. Guiqin Zhao is deemed to share dispositive power, with respect to 3,165 Class B ordinary shares of the Issuer, representing Tequ Group (Hong Kong) Company Limited's proportionate indirect economic interest in such shares through its direct equity interest in XJ International. However, such equity interests do not confer upon Tequ Group (Hong Kong) Company Limited, Shanghai Yi Zeng Enterprise Management Co., Ltd., Sichuan Tequ Investment Group Limited, Chengdu West Hope Group Limited, Sichuan Puhua Agricultural Technology Development Limited, Ms. Qiang Zhang, Mr. Degen Wang, Mr. Yuxin Chen or Ms. Guiqin Zhao the power to direct the voting of any portion of the 600,000 Class B ordinary shares of the Issuer held of record by New Bay Development (Intel) Holding Co., Limited. Such numbers of shares have been rounded down to the nearest whole share.
(b)	The responses of each Reporting Person to Rows (7) through (13) of the cover pages are hereby incorporated by reference in this Item 5.
(c)	None of the Reporting Persons has effected any transaction in the Class A ordinary shares during the past 60 days.
(d)	No person other than the Reporting Persons is known to have the right to receive, or the power to direct the receipt of dividends from, or the proceeds from the sale of, the Class A ordinary shares of the Issuer held by the Reporting Persons.
(e)	Not applicable.
Item 7.	Material to be Filed as Exhibits.
	Item 7 of the Statement is hereby amended and supplemented by inserting the following: Exhibit 99.4 - Joint Filing Agreement. Exhibit 99.5 - Form of Securities Purchase Agreement (incorporated by reference to Exhibit 10.1 to the Issuer's report on Form 6-K (File No. 001-41974) filed with the SEC on April 30, 2026).

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Hong Kong Maysunshine Investment Management Co., Limited

Signature:	/s/ Huiwu Wang
Name/Title:	Huiwu Wang/Director
Date:	05/22/2026

New Bay Development (Intel) Holding Co., Limited

Signature:	/s/ Qian Zhang
Name/Title:	Qian Zhang/Director
Date:	05/22/2026

New Bayarea Development Holding Co., Ltd

Signature:	/s/ Qian Zhang
Name/Title:	Qian Zhang/Director
Date:	05/22/2026

XJ International Holdings Co., Ltd.

Signature:	/s/ Bing Zhang
Name/Title:	Bing Zhang/Chairman and executive Director
Date:	05/22/2026

Hope Education Investment Limited

Signature:	/s/ Huiwu Wang
Name/Title:	Huiwu Wang/Director
Date:	05/22/2026

Signature:	/s/ Bing Zhang
Name/Title:	Bing Zhang/Director
Date:	05/22/2026

Maysunshine Limited

Signature:	/s/ Huiwu Wang
Name/Title:	Huiwu Wang/Director
Date:	05/22/2026

Maysunshine Holdings Limited

Signature:	/s/ Lau Lai Sze
Name/Title:	Lau Lai Sze/Director
Date:	05/22/2026

Cantrust Far East Limited

Signature:	/s/ Lau Lai Sze
Name/Title:	Lau Lai Sze/Director
Date:	05/22/2026

Huiwu Wang

Signature:	/s/ Huiwu Wang
Name/Title:	Huiwu Wang
Date:	05/22/2026

Tequ Group A Limited

Signature:	/s/ Bing Zhang
Name/Title:	Bing Zhang/Director
Date:	05/22/2026

Tequ Group (Hong Kong) Company Limited

Signature:	/s/ Bing Zhang
Name/Title:	Bing Zhang/Director
Date:	05/22/2026

Shanghai Yi Zeng Enterprise Management Co., Ltd.

Signature:	/s/ Bing Zhang
Name/Title:	Bing Zhang/Director
Date:	05/22/2026

Sichuan Tequ Investment Group Limited

Signature:	/s/ Bing Zhang
Name/Title:	Bing Zhang/Director
Date:	05/22/2026

Chengdu West Hope Group Limited

Signature:	/s/ Bing Zhang
Name/Title:	Bing Zhang/Director
Date:	05/22/2026

Sichuan Puhua Agricultural Technology Development Limited

Signature:	/s/ Bing Zhang
Name/Title:	Bing Zhang/Director
Date:	05/22/2026

Qiang Zhang

Signature:	/s/ Qiang Zhang
Name/Title:	Qiang Zhang
Date:	05/22/2026

Degen Wang

Signature:	/s/ Degen Wang
Name/Title:	Degen Wang
Date:	05/22/2026

Yuxin Chen

Signature:	/s/ Yuxin Chen
Name/Title:	Yuxin Chen
Date:	05/22/2026

Guiqin Zhao

Signature:	/s/ Guiqin Zhao
Name/Title:	Guiqin Zhao
Date:	05/22/2026

FAQ

What major transaction does Intelligent Group (INTJ) disclose in this Schedule 13D/A amendment?

The amendment discloses a completed private placement where Intelligent Group issued 600,000 Class B ordinary shares at US$12.5 per share to New Bay Development (Intel) Holding. This raised total cash proceeds of US$7,500,000 and created a new large shareholder group with significant voting power over those shares.

How many shares did New Bay Development buy from Intelligent Group (INTJ) and at what price?

New Bay Development (Intel) Holding agreed to purchase 600,000 Class B ordinary shares of Intelligent Group at a price of US$12.5 per share. The total consideration for this private placement was US$7,500,000, funded from New Bay Development’s internal cash reserves according to the filing.

What is Huiwu Wang’s reported beneficial ownership in Intelligent Group (INTJ)?

The filing states that Huiwu Wang is deemed to beneficially own 1,050,225 ordinary shares of Intelligent Group as of April 29, 2026. Based on 2,137,498 ordinary shares outstanding, this represents 49.1% of the single class, reflecting direct holdings and complex indirect interests through multiple entities.

What stake does New Bay Development (Intel) Holding have in Intelligent Group (INTJ) after the private placement?

New Bay Development (Intel) Holding directly owns 600,000 Class B ordinary shares of Intelligent Group following the private placement. When Class A and B are treated as a single class of 2,137,498 ordinary shares, this block represents 28.1% of the class, with sole voting and dispositive power reported.

What total share count does the Intelligent Group (INTJ) filing use for ownership percentages?

The amendment calculates ownership percentages based on 2,137,498 ordinary shares outstanding as of April 29, 2026. This total consists of 1,462,498 Class A ordinary shares and 675,000 Class B ordinary shares, treated as a single class solely for percentage ownership calculations in the disclosure.

Have the reporting persons traded Intelligent Group (INTJ) shares in the last 60 days?

The filing states that none of the reporting persons has effected any transaction in Intelligent Group’s Class A ordinary shares during the 60 days before April 29, 2026. The only activity highlighted is the completed private placement of 600,000 Class B shares purchased directly from the issuer.