• Intelligent Group entered securities purchase agreement on April 29, 2026 to sell 600,000 Class B ordinary shares to New Bay Development (Intel) Holding.
• Subscription price set at US$ 12.5 per share.
• Gross proceeds expected to total US$ 7.5 million.
• Investor is wholly owned unit of XJ International Holdings, a Cayman company tied to existing shareholder Huiwu Wang.
• Post-closing share count expected to be 2,137,498 shares outstanding, including 675,000 Class B shares.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Intelligent Group Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-049659), on April 30, 2026, and is solely responsible for the information contained therein.