INTJ · Intelligent Group Limited

This 20-F/A is purely administrative: it serves only to amend Item 16G (Corporate Governance) and re-file Section 302 certifications. There are no revised financial statements, no updated KPIs, no restatements, no new disclosures on revenue, profitability, cash flow, balance sheet items, or operations — and the filing text confirms this explicitly. The explanatory note states the amendment was filed 'solely for the purpose of updating the disclosure in Item 16G' and that 'this Form 20-F/A does not reflect events occurring after the date of the Original Form 20-F.' As such, investors should treat all FY2025 financial and operational conclusions as fully contained in the March 31, 2026 Original Form 20-F. The governance update centers on the company’s continued election to follow British Virgin Islands law rather than Nasdaq’s corporate governance standards — a longstanding structural choice, not a newly adopted policy. Ogier’s legal opinion, referenced in the filing, confirms BVI law imposes no obligation to comply with Nasdaq’s director independence, audit committee composition, or shareholder approval requirements. This is not a deviation or concession but a permitted, pre-disclosed framework for foreign private issuers. The re-execution of SOX 302 certifications reflects procedural compliance timing — they are dated as of the amendment’s filing (April 21, 2026), not tied to any new assessment of internal controls or financial reporting accuracy. Critically, the filing omits any indication of material weaknesses, remediation efforts, or changes in control environment since the original filing. Because no financial, operational, or risk disclosures were updated — and because neither the authoritative financial packet nor business context packet contains any data — there is no basis to infer changes in performance, liquidity, strategy, or outlook. Investors seeking insight into Intelligent Group Limited’s FY2025 results must refer exclusively to the original March 31, 2026 filing; this amendment adds no analytical dimension beyond reinforcing the company’s jurisdictional governance posture.