Company: ILAG
Filing Date: 2025-04-28
Form Type: 20-F
Source: 0001641172-25-006445
Chunk: 60

Company: Intelligent Living Application Group Inc.
Filing Date: 2025-04-28
Form: 20-F
Item: Item 3
Chunk 60
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 market. We build our distribution network by working together
with our large and small business partners in different geographic areas to sell our products. More information about geographical penetration
of our revenues can be found in “Segment reporting in Note 3 of Notes to the Consolidated Financial Statements”.

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Our Products

We produce various ODM indoor and outdoor locksets
mainly for importers, builders and the construction market in the USA. Since 2016, we market our self-branded products, Bamberg, in South-east
Asia. In addition, we are selling our self-branded products through reputable online shops.

  Locksets functions  

Mechanical locksets are mechanical devices
which secure an opening by keeping a door closed until a release mechanism is activated. It can be a lever, knob, key, thumb-turn or button.
Mechanical locksets are very common on exterior/interior doors in residential and multi-family applications. There are several types of
mechanical locksets, and the most common functions for mechanical locksets are as follows:

  Deadbolts – are used for front doors and doors which may require an additional security from a deadbolt, combined in a lockset with one of the functions above. It can be locked by a thumb-turn ...  
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  Entry locksets – are used for bedrooms, front doors, and back doors. It can be locked by a thumb-turn from the inside or by a key from the outside.  

  Privacy locksets – are used for restrooms or dressing rooms. It can be locked from the inside with a thumb turn for privacy, and it can be unlocked from the outside using a tool, a screwdriver ...  

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  Passage locksets – are used where doors do not need to lock. There is no key and no lock function.  

  Storeroom locks – are used for storerooms. It should always be locked from the outside and a key is used to open the door. When the key is removed, the door is locked from the outside again. Th...  

Our Customized Keying Options

One of our value propositions is the ability to customize
the keys for our door locksets based on specific customer requests. Below is a summary of our various professional custom-made keying
options applicable to our products:

  Types of Keying Options  
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