Company: ILAG
Filing Date: 2025-04-28
Form Type: 20-F
Source: 0001641172-25-006445
Chunk: 149

Company: Intelligent Living Application Group Inc.
Filing Date: 2025-04-28
Form: 20-F
Item: Item 3
Chunk 149
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 Paying Agents

Not Applicable.

10. G. Statement by Experts

Not Applicable.

  89  

10. H. Documents on Display

We are subject to periodic reporting and other informational
requirements of the Exchange Act as applicable to foreign private issuers. Accordingly, we are required to file reports, including annual
reports on Form 20-F, and other information with the SEC. All information filed with the SEC can be obtained over the internet at the
SEC’s website at www. sec. gov or inspected and copied at the public reference facilities maintained by the SEC at 100 F Street, N. E.,
Washington, D. C. 20549. The public may obtain information regarding the Washington, D. C. Public Reference Room by calling the SEC at 1-800-SEC-0330.
The SEC also maintains a web site at www. sec. gov that contains reports and other information regarding registrants that make electronic
filings with the SEC using its EDGAR system. As a foreign private issuer, we are exempt from the rules under the Exchange Act prescribing
the furnishing and content of quarterly reports and proxy statements, and officers, directors and principal shareholders are exempt from
the reporting and short-swing profit recovery provisions contained in Section 16 of the Exchange Act. You may also visit us on the world
wide web at http://www. i-l-a-g. com. However, information contained on our website does not constitute a part of this annual report.

10. I. Subsidiary Information

Not Applicable.

10. J. Annual Report to Security Holders

Not Applicable.

  ITEM 11.      QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK  
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Liquidity risk

We are exposed to liquidity risk, which is the risk
that we will be unable to provide sufficient capital resources and liquidity to meet our commitments and business needs. Liquidity risk
is controlled by the application of financial position analysis and monitoring procedures. When necessary, we will turn to other financial
institutions to obtain short-term funding to meet the liquidity shortage.

Inflation risk

Inflationary factors, such as increases in personnel
and overhead costs, could impair our operating results. Although we do not believe that inflation has had a material impact on our financial
position or results of operations to date, a high rate of inflation in the future may have an adverse