UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-K

☒	ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For The Fiscal Year Ended July 31, ~~2024~~2025

☐	TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from _______________ to _______________

Commission File Number 333-228847

Vanguard Green Investment Limited

(Formerly known as MU Global Holding Limited)

(Exact name of registrant issuer as specified in its charter)

Nevada

30-1089215

(State or other jurisdiction of

incorporation or organization)

(I.R.S. Employer

Identification No.)

Rm4F. 5, 7F No. 33, NoLn. ~~296~~258, Sec. 42, ~~Xinyi~~Jianguo N. Rd., ~~Da’an~~ Zhongshan Dist.,

Taipei City ~~106427~~104482, Taiwan (R.O.C.)

(Address of principal executive offices, including zip code)

Registrant’s phone number, including area code +886905153139

Securities registered pursuant to Section 12(b) of the Securities Exchange Act: None

Securities registered pursuant to Section 12(g) of the Securities Exchange Act: None

Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act.

Yes ☐ No ☒

Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act.

Yes ☐ No ☒

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.

Yes ☒ No ☐

Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (section 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files).

YES ☐ NO ☒

Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K (§ 229.405 of this chapter) is not contained herein, and will not be contained, to the best of registrant’s knowledge, in definitive proxy or information statements incorporated by reference in Part III of this Form 10-K or any amendment to this Form 10-K. ☐

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer”, “smaller reporting company” and “emerging growth company” in Rule 12b-2 of the Exchange Act.

Large Accelerated Filer ☐ Accelerated Filer ☐ Non-accelerated Filer ☐ Smaller reporting company ☒ Emerging growth company ☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of the registrant included in the filing reflect the correction of an error to previously issued financial statements. ☐

Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive-based compensation received by any of the registrant’s executive officers during the relevant recovery period pursuant to §240.10D-1(b). ☐

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).

Yes ☐ No ☒

Securities registered pursuant to Section 12(b) of the Act:

Title of each class		Trading Symbol(s)		Name of each exchange on which registered
Common Stock		VGES		The OTC Market – Pink Sheets

The aggregate market value of the Company’s common stock held by non-affiliates computed by reference to the closing bid price of the Company’s common stock, as of the last business day of the registrant’s most recently completed second fiscal quarter:

Not Applicable

APPLICABLE ONLY TO ISSUERS INVOLVED IN BANKRUPTCY

PROCEEDINGS DURING THE PRECEDING FIVE YEARS:

Indicate by check mark whether the registrant has filed all documents and reports required to be filed by Sections 12, 13 or 15(d) of the Securities Exchange Act of 1934 subsequent to the distribution of securities under a plan confirmed by a court.

Not Applicable

APPLICABLE ONLY TO CORPORATE REGISTRANTS

Indicate the number of shares outstanding of each of the issuer’s classes of common stock, as of the latest practicable date.

Class		Outstanding at July 31, ~~2024~~2025
Common Stock, $.0001 par value		59,434,838	~~59,434,838~~

Vanguard Green Investment Limited

FORM 10-K

For the Fiscal Year Ended July 31, ~~2024~~2025

Index

		Page #
PART I
Item 1.	Business	2
Item 1A.	Risk Factors	9
Item 1B.	Unresolved Staff Comments	9
Item 1C.	Cybersecurity	9
Item 2.	Properties	9
Item 3.	Legal Proceedings	9
Item 4.	Mine Safety Disclosure	9
PART II
Item 5.	Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities	10
Item 6.	Selected Financial Data	11
Item 7.	Management’s Discussion and Analysis of Financial Condition and Results of Operations	11
Item 7A.	Quantitative and Qualitative Disclosures About Market Risk	16
Item 8.	Financial Statements and Supplementary Data	16
Item 9.	Changes in and Disagreements with Accountants on Accounting and Financial Disclosure	16
Item 9A.	Controls and Procedures	16
Item 9B.	Other Information	17
PART III
Item 10.	Directors, Executive Officers and Corporate Governance	18
Item 11.	Executive Compensation	21
Item 12.	Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters	23
Item 13.	Certain Relationships and Related Transactions, and Director Independence	24
Item 14.	Principal Accounting Fees and Services	25
PART IV
Item 15.	Exhibits, Financial Statement Schedules	26
SIGNATURES		27

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS

This Annual Report on Form 10-K contains forward-looking statements. These forward-looking statements are not historical facts but rather are based on current expectations, estimates and projections. We may use words such as “anticipate,” “expect,” “intend,” “plan,” “believe,” “foresee,” “estimate” and variations of these words and similar expressions to identify forward-looking statements. These statements are not guarantees of future performance and are subject to certain risks, uncertainties and other factors, some of which are beyond our control, are difficult to predict and could cause actual results to differ materially from those expressed or forecasted. These risks and uncertainties include the following:

	●	The availability and adequacy of our cash flow to meet our requirements;

	●	Economic, competitive, demographic, business and other conditions in our local and regional markets;

	●	Changes or developments in laws, regulations or taxes in our industry;

	●	Actions taken or omitted to be taken by third parties including our suppliers and competitors, as well as legislative, regulatory, judicial and other governmental authorities;

	●	Competition in our industry;

	●	The loss of or failure to obtain any license or permit necessary or desirable in the operation of our business;

	●	Changes in our business strategy, capital improvements or development plans;

	●	The availability of additional capital to support capital improvements and development; and

	●	Other risks identified in this report and in our other filings with the Securities and Exchange Commission or the SEC.

This report should be read completely and with the understanding that actual future results may be materially different from what we expect. The forward looking statements included in this report are made as of the date of this report and should be evaluated with consideration of any changes occurring after the date of this Report. We will not update forward-looking statements even though our situation may change in the future and we assume no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise.

Use of Defined Terms

Except as otherwise indicated by the context, references in this Report to:

	●	The “Company,” “we,” “us,” or “our,” “Vanguard” are references to Vanguard Green Investment Limited, a Nevada corporation.

	●	“Common Stock” refers to the common stock, par value $.0001, of the Company;

	●	“U.S. dollar,” “$” and “US$” refer to the legal currency of the United States;

	●	“Securities Act” refers to the Securities Act of 1933, as amended; and

	●	“Exchange Act” refers to the Securities Exchange Act of 1934, as amended.

PART I

ITEM 1. BUSINESS

Corporate History

We were incorporated on June 4, 2018 in the State of Nevada under the name MU Global Holding Limited. On June 15, 2024, we changed our name to Vanguard Green Investment Limited (“the Company”).

On July 30, 2024, the Company entered into certain share purchase agreement (the “Disposition SPA”) by and among Xie Ling (the “Purchaser”), MU Global Health Management (Shanghai) Limited (the “Subsidiary”) and MU Global Holding Limited (the “Seller”). Pursuant to the Disposition SPA, the Purchaser agreed to purchase the Subsidiary, in exchange for consideration of $11,975.00 (the “Purchase Price”). The Company’s board of directors (the “Board”) approved the transaction contemplated by the Disposition SPA (the “Disposition”). The Disposition closed on July 30, 2024 when all closing conditions were satisfied, including the payment of the Purchase Price, and all consents or approval required to be obtained from or made with any governmental authorities. Upon the closing of the Disposition, the Purchaser became the sole shareholder of the Subsidiary and as a result, assumed all assets and some liabilities of the Subsidiary.

Vanguard Green Investment Limited is an early-stage wellness and beauty supply services company, which intends to offer customers a wide range of trusted non-surgical spa services and quality spa care products. All of the previous entities share the same exact business plan with the goal of developing and providing wellness and beauty services to our future clients. We aim to promote improved overall health and beauty in our clients through a holistic detoxification method.

The Company, through its subsidiaries, mainly supplies high quality spa services and spa care products. Details of the Company’s subsidiaries:

	Company name	Place and date of incorporation	Particulars of issued capital	Principal activities	Proportional of ownership interest and voting power held
1.	MU Worldwide Group Limited	Seychelles, June 7, 2018	100 shares of ordinary share of US$1 each	Investment holding		100	%
2.	MU Global Holding Limited	Hong Kong, January 30, 2018	1 share of ordinary share of HK$1 each	Providing SPA and Wellness service in Hong Kong		100	%
3.	MU Global Health Management (Shanghai) Limited1	Shanghai, August 16, 2018	RMB 7,405,866	Providing SPA and Wellness service in China		100	%

1Full disposition of MU Global Health Management (Shanghai) Limited was completed on July 30, 2024.

Business Overview

Vanguard is a beauty and wellness company, providing SPA and wellness service and also SPA related products to the customers. The services provided are designed to improve the overall health system and body function.

Since our establishment, the Company has been focusing to expand in the Chinese market, with other country also under consideration as target destinations. As an emerging industry in China, the beauty and wellness industry is still in the early stage there is a huge potential for the industry to growth significantly.

In year 2020, COVID-19 crisis has resulted the sales of the global beauty and wellness industry weak due to consumers have had limited access to retail outlets and supply chain bottlenecks have reduced product availability. In China, the industry’s sales fell up to 80 percent compared with 2019. Nevertheless, based on ~~Mckinsey~~McKinsey ~~and~~& Company research report on April 8, 2021, shows that consumers care deeply about wellness—and that their interest is growing and the global wellness market is estimated at more than US$1.5 trillion, with annual growth of 5 to 10 percent. A rise in both consumer interest and purchasing power presents tremendous opportunities for companies, particularly as spending on personal wellness rebounds after stagnating or even declining during the COVID-19 crisis.

China has large territory, population, diverse ethnicity and cultural background. As such, it has resulted in different consumer orientations in different cities and townships across the country, therefore, it is particularly challenging to tackle the consumer market with a single business model.

The advance in technological development and rise in use of technology in marketing has also intensified the competition, probing the Company to develop the business models that allow quick penetration and huge coverage of different markets, and also being able to cope with the swift changes in the consumer market. Thus, the Company is focusing on three key areas as part of the Company’s early development in the Chinese market.

The first and most key focus is to enter the regional market through the adoption of franchisee and agent model, which the other parties are familiar and have deep understanding in the local market, hence its operating strategy is effective and best suited the targeted region.

Second, the key strategy is to ensure rapid development of the Omni channel marketing plan which targets to lease out at least ten thousand Stone Spa Bed (Hot Stone Bath equipment), reducing the time cost for the development of project, and most importantly, working on to spur sales and revenue growth.

Lastly, the essential requirement for business success in the Chinese market is to ensure and maintain a clear and transparent business model, which would result in effective collaboration between the company and its agent/franchisee, and consequently leads to efficient market operation and a win-win situation between the two parties.

Currently, the Company operates in the Chinese market with three business models:

1.	Tripartite co-operation and profit sharing model (deployment of stone spa bed & franchise)

2.	Large-scale chain agent model (deployment of stone spa bed)

3.	Direct- service store model

Our Service

DAY MORE STONE THERAPHY

1. Bedrock Bathing/ Hot Stone Bath

Bedrock Bathing is a method of keeping the body in shape that involves bathers lying down on a heated slab of rocks embedded on a spa treatment bed without using hot water wearing indoor clothing. The original name for this hot stone bathing is ‘Ganban’yoku’, and it is originated from Japan as the term for a popular form of hot stone or bedrock spa. It is also referred to as “stone-bathing”, but there is no actual bathing or water involved.

It is our belief that the effects of bedrock bathing are numerous and both aesthetic and metabolic. Furthermore, the rocks selected for this treatment are believed to provide many health benefits when they are heated. The five stones we intend to use are: Black Silica Stone, Radium Stone, Far Infrared Stone, Negative Ion Stone and Beitou Stone. The average time taken for each therapy is approximately 30 minutes.

The Company believes that bedrock bathing treatments will assist in the elimination of suboptimal health conditions caused by polluted environments, unhealthy dietary intake, and unhealthy lifestyles. The detoxification process will improve general bodily function and immune system, promote blood circulation, and yield visible skin improvement. The treatment is also believed to improve basal metabolism, resulting in more efficient energy utilization within the body, hence sustainable weight loss to a desirable level. Prolonged proper treatments have also been linked to miscellaneous anti-aging benefits.

Our pricing strategy offers great flexibility to our customers to opt for the service they desire which is also within their budget. In order to ensure flexibility, the Company has divided the service into three different tiers, each with different pricing strategy: Flagship, Luxury and Refined. Under the three tiers model, Flagship branch and will be the top tier and will target high-end segment with premium pricing packages. Luxury branch is designed to attract middle class individuals. Refined branch on the other side, will aim to attract customer with lower budget, but would still like to enjoy the service.

The Company started offering bedrock bathing services in the Shanghai outlet in January 2019. Different service packages are designed for each tier of service, which include option for subscription-based treatments, and pay per services. The packages offer customers either the option of purchasing our treatments at a discounted price if they purchase in bundle, or they can pay for the service every time they use at normal price. The bundle comprises of 3 different number of visits per bundle i.e., 10 times visit package, 20 times visit package, and 30 times visit package. We have also implemented a member database for our bedrock bathing centre. Customers can join our membership at an attracting fee to enjoy the services provided at member price. In addition to that, the Company also allows customers to purchase the services package via online and WeChat.

2. Quartz Therapy

Chakras is within and parts of the human body that connects with the environment. If chakra is blocked or overactive, we lose balance of our physical and mental balance and in turn, it affects the physical and mental well-being.

Quarts have the therapeutic effect of enabling Chakras to regain its balance. Thus, the therapy has the benefit of body cleansing, restoring good health and also spirit.

Our Product

NVB Scent Diffuser

The negative oxygen ions essential oil diffuser distributes cold-sprayed essential oil particle to balance oxygen and negative ions in the air. The negative ions eliminate particles, and it’s called the vitamin in the air. The essential oil diffuser can purify air quality, and provide a natural aroma that relax the body. The essential oil diffuser has integrated the technology of “Never BAC anti-bacterial” that provides the effect of purification, anti-bacterial, second-hand smoke elimination, and deodorization.

Mini Water Purifier

The mini water purifier integrates advanced pressurization technology and filtering materials, which allow instant purification of water and the removal of excess chlorine in water. The multi-layer filtration process of the purifier ensures water conservation and also stabilizes water pressure at the same time. Most importantly, the purifier can effectively remove heavy metals and impurity associated with old pipelines.

Trademarks

The Company owned several trademarks registered under its ~~subsidiaries~~subsidiary in respective jurisdictions of which the ~~subsidiaries~~subsidiary ~~operate~~operates in. Currently, the Company is also applying for trademarks in other jurisdictions it intends to expand its operation into.

Category

Registration Number

Thermostatic Control Setting Plan

Ownership

Country

Effective Date and Duration

Patent

10201908402Q

MU Global Holding Limited (HK)

Singapore

June 22, 2021

For

20 Years (from September 11, 2019)

The setting displays a concept of thermostatic control for a stone spa bed, which includes a bed, a bed heating element, an energy part, a cover cabin, cover cabin’s opening/closing assembly, a thermostatic control device, and a thermostatic temperature adjustment device. Once the thermostatic temperature adjustment device sets the default temperature, the user can activate the bed heating element after lying down on the stone spa bed. Following the closure of the cover cabin, the bed heating element will start heating from the default temperature to the user’s ideal degree of temperature. Once the session completes, the thermostatic control device will reduce the heating efficiency to the default temperature in order to maintain the heat for the next session, which can largely reduce the heating time and electricity cost-saving.

Future Plan

The Company is venturing into new business focus in promoting green finance and advancing the global implementation of Environmental, Social, and Governance (ESG) standards, which will focus on developing innovative green financial solutions, combining sustainability with responsible investment principles.

The Company is committed to helping companies overcome financial challenges by offering customized financial solutions, reduce their carbon footprint and achieve carbon neutrality goals, assisting businesses in navigating the ever-changing market conditions and regulatory frameworks. The Company focuses on developing innovative financial tools that not only promote carbon reduction but also deliver stable investment returns to its clients.

The Company range of professional services includes carbon trading, carbon pledge financing, and carbon custody, providing comprehensive carbon asset management solutions and innovative financial support to businesses. Please visit https://www.vg-il.com for more information.

Competition

The beauty and wellness industry are highly competitive and fragmented, we might be in disadvantage competing with competitor who has greater reserve or has higher access to capital than the Company do to deploy in operations, capital expenditure, and marketing activities. We hope to maintain a competitive advantage by utilizing the knowledge and expertise of the Company in the industry and our beyond satisfactory customer service.

Customers

For the year ended July 31, ~~2024~~2025, the Company has not generated revenue from customers under the ordinary course of business.

Employees

As of July 31, ~~2024~~2025, the Company has a total 2 employees. At the moment, the Company has adopted accountability system, hence management personnel have flexible working hours.

Our sole director and Chief Executive Officer cum Chief Financial Officer, Niu Yen-Yen currently work full-time and fully committed to the operation of the company.

We do not presently have pension, health, annuity, insurance, stock options, profit sharing, or similar benefit plans; however, we may adopt plans in the future. There are presently no personal benefits available to our Officers, Directors or employees.

Government Regulation

At present, we are subject to the laws and regulations of the jurisdictions in which we operate, which may include business licensing requirements, income taxes and payroll taxes. In general, the development and operation of our business is not subject to special regulatory and supervisory requirements.

ITEM 1A. RISK FACTORS

We are a smaller reporting company as defined by Rule 12b-2 of the Securities Exchange Act of 1934 and are not required to provide the information under this item.

ITEM 1B. UNRESOLVED STAFF COMMENTS

We are a smaller reporting company as defined by Rule 12b-2 of the Securities Exchange Act of 1934 and are not required to provide the information under this item.

ITEM 2 1C. ~~PROPERTIES~~CYBERSECURITY

~~Our principal~~Risk ~~executive~~management ~~office~~and ~~is located at Rm. 5, 7F., No. 296, Sec. 4, Xinyi Rd., Da’an Dist., Taipei City 106427, Taiwan (R.O.C).~~strategy

~~ITEM~~Vanguard Green Investment 3Limited acknowledges the crucial necessity of establishing, executing, and sustaining strong cybersecurity measures to secure our information systems. ~~LEGAL~~This ~~PROCEEDINGS~~is undertaken to uphold the confidentiality, integrity, and accessibility of our data.

~~From time~~We plan to ~~time,~~strategically incorporate wecybersecurity ~~may~~risk ~~become~~management ~~involved~~into inall ~~various~~our ~~lawsuits~~comprehensive ~~and~~risk ~~legal~~management ~~proceedings~~framework, ~~which~~fostering ~~arise~~a incorporate ~~the~~culture ~~ordinary~~that ~~course of business. Litigation~~prioritizes iscybersecurity ~~subject~~at toall ~~inherent~~levels. ~~uncertainties,~~This ~~and~~integration anshall ~~adverse~~be ~~result~~done in ~~these~~stages orso ~~other~~as ~~matters may arise from time~~ to ~~time~~guarantee that ~~may~~cybersecurity ~~harm~~factors ~~our business. There~~ are ~~currently~~ingrained noin ~~pending~~our decision-making ~~legal~~processes ~~proceedings~~throughout orthe ~~claims~~organization. ~~that~~We weplan ~~believe~~to ~~will~~incorporate ~~have~~ a ~~material~~risk ~~adverse~~management ~~effect~~team onto ~~our~~collaborate ~~business,~~closely ~~financial condition~~with orthe ~~operating results. None of our directors~~IT department, ~~officers~~consistently orassessing ~~affiliates~~and ismitigating ~~involved~~cybersecurity risks in aalignment ~~proceeding~~with ~~adverse to~~ our business ~~or has~~goals aand ~~material~~operational ~~interest adverse to our business~~requirements.

~~ITEM~~We recognize the intricate 4and ever-changing nature of cybersecurity threats. ~~MINE~~To ~~SAFETY~~address ~~DISCLOSURES~~this, we shall collaborate with external experts, including cybersecurity assessors, consultants, and auditors. This cooperation shall involve regular audits, threat assessments, and consultations to enhance our security measures. These efforts ensure that our cybersecurity strategies adhere to industry best practices and remain effective in safeguarding our systems.

~~Not~~Understanding the potential ~~applicable~~risks associated with third-party service providers, we shall implemented stringent processes to oversee and manage these concerns. We shall conduct thorough security assessments before engaging with any third-party provider and maintain ongoing monitoring to ensure compliance with our cybersecurity standards. This involves quarterly assessments by our management and continuous evaluations by our security engineers. This approach is designed to mitigate the risks of data breaches or other security incidents originating from third-party sources.

9We have not encountered cybersecurity issues that have significantly impacted our operational performance or financial status.

~~PART II~~Governance

~~ITEM~~The Board of Directors is 5fully aware of the vital importance of managing cybersecurity risks. ~~MARKET~~To ~~FOR~~ensure ~~REGISTRANT’S~~effective ~~COMMON~~governance ~~EQUITY~~in handling these risks, ~~RELATED~~the ~~STOCKHOLDER~~Board shall ~~MATTERS~~implement ~~AND~~a ~~ISSUER~~strong ~~PURCHASES~~oversight OFmechanisms. ~~EQUITY~~This ~~SECURITIES~~reflects our understanding of the significant impact these threats can have on operational integrity and stakeholder confidence.

~~Holders~~Our Board of Directors is tasked with overseeing data privacy and cybersecurity risks. They regularly review the Company’s cybersecurity program with management, evaluating the adequacy of controls and security for our information technology systems. Additionally, they assess the Company’s response plan in case of a security breach affecting these systems. Annually, the Board of Directors receives updates on potential cybersecurity incidents, data privacy, and compliance programs, engaging in active discussions with management on cybersecurity risks.

AsITEM ~~of July 31, 2024, we had 59,434,838 shares of our Common Stock par value, $~~2.~~0001~~ ~~issued and outstanding. There were 165 beneficial owners of our Common Stock.~~PROPERTIES

~~Transfer~~Our ~~Agent~~principal ~~and~~executive ~~Registrar~~office is located at 4F., No. 33, Ln. 258, Sec. 2, Jianguo N. Rd., Zhongshan Dist., Taipei City 104482, Taiwan (R.O.C.).

~~The~~ITEM ~~transfer~~3. ~~agent~~LEGAL ~~for our capital stock is VStock Transfer, LLC, with an address at 18, Lafayette Place, Woodmere, New York 11598 and telephone number is +1 (212) 828-8436.~~PROCEEDINGS

~~Penny~~From ~~Stock~~time ~~Regulations~~to time, we may become involved in various lawsuits and legal proceedings which arise in the ordinary course of business. Litigation is subject to inherent uncertainties, and an adverse result in these or other matters may arise from time to time that may harm our business. There are currently no pending legal proceedings or claims that we believe will have a material adverse effect on our business, financial condition or operating results. None of our directors, officers or affiliates is involved in a proceeding adverse to our business or has a material interest adverse to our business.

~~The~~ITEM ~~Securities and Exchange Commission has adopted regulations which generally define “penny stock” to be an equity security that has a market price of less than $5~~4.00 ~~per~~MINE ~~share.~~SAFETY Our Common Stock, when and if a trading market develops, may fall within the definition of penny stock and be subject to rules that impose additional sales practice requirements on broker-dealers who sell such securities to persons other than established customers and accredited investors (generally those with assets in excess of $1,000,000, or annual incomes exceeding $200,000 individually, or $300,000, together with their spouse).DISCLOSURES

~~For~~Not transactions covered by these rules, the broker-dealer must make a special suitability determination for the purchase of such securities and have received the purchaser’s prior written consent to the transactionapplicable. Additionally, for any transaction, other than exempt transactions, involving a penny stock, the rules require the delivery, prior to the transaction, of a risk disclosure document mandated by the Securities and Exchange Commission relating to the penny stock market. The broker-dealer also must disclose the commissions payable to both the broker-dealer and the registered representative, current quotations for the securities and, if the broker-dealer is the sole market-maker, the broker-dealer must disclose this fact and the broker-dealer’s presumed control over the market. Finally, monthly statements must be sent disclosing recent price information for the penny stock held in the account and information on the limited market in penny stocks. Consequently, the “penny stock” rules may restrict the ability of broker-dealers to sell our Common Stock and may affect the ability of investors to sell their Common Stock in the secondary market.

In addition to the “penny stock” rules promulgated by the Securities and Exchange Commission, the Financial Industry Regulatory Authority (“FINRA”) has adopted rules that require that in recommending an investment to a customer, a broker-dealer must have reasonable grounds for believing that the investment is suitable for that customer. Prior to recommending speculative low-priced securities to their non-institutional customers, broker-dealers must make reasonable efforts to obtain information about the customer’s financial status, tax status, investment objectives and other information. Under interpretations of these rules, FINRA believes that there is a high probability that speculative low-priced securities will not be suitable for at least some customers. The FINRA requirements make it more difficult for broker-dealers to recommend that their customers buy our common stock, which may limit the investors’ ability to buy and sell our stock.9

~~Dividend~~PART ~~Policy~~II

~~Any~~ITEM future determination as to the declaration and payment of dividends on shares of our Common Stock will be made at the discretion of our board of directors out of funds legally available for such purpose5. WeMARKET ~~are~~FOR ~~under~~REGISTRANT’S noCOMMON ~~obligations or restrictions to declare or pay dividends on our shares of Common Stock. In addition~~EQUITY, weRELATED ~~currently~~STOCKHOLDER ~~have~~MATTERS noAND ~~plans~~ISSUER toPURCHASES ~~pay~~OF ~~such~~EQUITY ~~dividends. Our board of directors currently intends to retain all earnings for use in the business for the foreseeable future.~~SECURITIES

~~Equity Compensation Plan Information~~Holders

~~Currently,~~As ~~there~~of isJuly no31, ~~equity~~2025, ~~compensation~~we ~~plan~~had in59,434,838 ~~place~~shares of our Common Stock par value, $.0001 issued and outstanding. There were 161 beneficial owners of our Common Stock.

~~Unregistered~~Transfer ~~Sales~~Agent ofand ~~Equity Securities~~Registrar

~~Currently,~~The ~~there~~transfer agent for our capital stock is noVStock ~~unregistered~~Transfer, ~~sales~~LLC, ofwith ~~equity~~an ~~securities~~address at 18, Lafayette Place, Woodmere, New York 11598 and telephone number is +1 (212) 828-8436.

10Penny Stock Regulations

~~Purchases~~The Securities and Exchange Commission has adopted regulations which generally define “penny stock” to be an equity security that has a market price of ~~Equity~~less ~~Securities~~than by$5.00 per share. Our Common Stock, when and if a trading market develops, may fall within the ~~Registrant~~definition of penny stock and ~~Affiliated~~be ~~Purchasers~~subject to rules that impose additional sales practice requirements on broker-dealers who sell such securities to persons other than established customers and accredited investors (generally those with assets in excess of $1,000,000, or annual incomes exceeding $200,000 individually, or $300,000, together with their spouse).

WeFor transactions covered by these rules, the broker-dealer must make a special suitability determination for the purchase of such securities and have ~~not~~received ~~repurchased~~the purchaser’s prior written consent to the transaction. Additionally, for any ~~shares~~transaction, other than exempt transactions, involving a penny stock, the rules require the delivery, prior to the transaction, of ~~our~~a ~~common~~risk disclosure document mandated by the Securities and Exchange Commission relating to the penny stock ~~during~~market. The broker-dealer also must disclose the ~~fiscal~~commissions ~~year~~payable to ~~ended~~both ~~July~~the 31broker-dealer and the registered representative, ~~2024~~current quotations for the securities and, if the broker-dealer is the sole market-maker, the broker-dealer must disclose this fact and the broker-dealer’s presumed control over the market. Finally, monthly statements must be sent disclosing recent price information for the penny stock held in the account and information on the limited market in penny stocks. Consequently, the “penny stock” rules may restrict the ability of broker-dealers to sell our Common Stock and may affect the ability of investors to sell their Common Stock in the secondary market.

~~ITEM~~In 6addition to the “penny stock” rules promulgated by the Securities and Exchange Commission, the Financial Industry Regulatory Authority (“FINRA”) has adopted rules that require that in recommending an investment to a customer, a broker-dealer must have reasonable grounds for believing that the investment is suitable for that customer. ~~SELECTED~~Prior ~~FINANCIAL~~to ~~DATA~~recommending speculative low-priced securities to their non-institutional customers, broker-dealers must make reasonable efforts to obtain information about the customer’s financial status, tax status, investment objectives and other information. Under interpretations of these rules, FINRA believes that there is a high probability that speculative low-priced securities will not be suitable for at least some customers. The FINRA requirements make it more difficult for broker-dealers to recommend that their customers buy our common stock, which may limit the investors’ ability to buy and sell our stock.

WeDividend ~~are a smaller reporting company as defined by Rule 12b-2 of the Securities Exchange Act of 1934 and are not required to provide the information under this item.~~Policy

~~ITEM~~Any 7future determination as to the declaration and payment of dividends on shares of our Common Stock will be made at the discretion of our board of directors out of funds legally available for such purpose. ~~MANAGEMENT’S~~We ~~DISCUSSION~~are ~~AND~~under ~~ANALYSIS~~no OFobligations ~~FINANCIAL~~or ~~CONDITION~~restrictions ~~AND~~to ~~RESULTS~~declare OFor ~~OPERATIONS~~pay dividends on our shares of Common Stock. In addition, we currently have no plans to pay such dividends. Our board of directors currently intends to retain all earnings for use in the business for the foreseeable future.

~~The~~Equity ~~following~~Compensation ~~discussion~~Plan of our financial condition and results of operations should be read in conjunction with our audited consolidated financial statements and the notes to those financial statements appearing elsewhere in this Report.Information

~~Certain statements in this Report constitute forward-looking statements. These forward-looking statements include statements~~Currently, ~~which involve risks~~ and uncertainties, regarding, among other things, (a) our projected sales, profitability, and cash flows, (b) our growth strategy, (c) anticipated trends in our industry, (d) our future financing plans, and (e) our anticipated needs for, and use of, working capital. They are generally identifiable by use of the words “may,” “will,” “should,” “anticipate,” “estimate,” “plan,” “potential,” “project,” “continuing,” “ongoing,” “expects,” “management believes,” “we believe,” “we intend,” or the negative of these words or other variations on these words or comparable terminology. In light of these risks and uncertainties, there ~~can~~is be no ~~assurance that~~equity ~~the~~compensation ~~forward-looking~~plan ~~statements contained~~ in ~~this filing will in fact occur. You should not~~ place ~~undue reliance on these forward-looking statements~~.

~~The~~Unregistered ~~forward-looking~~Sales ~~statements speak only as~~ of ~~the~~Equity date on which they are made, and, except to the extent required by federal securities laws, we undertake no obligation to update any forward-looking statements to reflect events or circumstances after the date on which the statements are made or to reflect the occurrence of unanticipated events.Securities

~~Overview~~Currently, there is no unregistered sales of equity securities.

Vanguard Green Investment Limited, the US Company, operates through its wholly owned subsidiary, MU Worldwide Group Limited, a Seychelles Company; which operates through its wholly owned subsidiary, MU Global Holding Limited, a Hong Kong Company; which operates through its wholly owned subsidiary, MU Global Health Management (Shanghai) Limited, a Shanghai Company. The US, Seychelles and Hong Kong Companies act solely for holding purposes whereas all current and future operations in China are planned to be carried out via MU Global Health Management (Shanghai) Limited, the Shanghai Company. The purpose of the Hong Kong Company is to function as the current regional hub of the Company.10

~~Full~~Purchases ~~disposition~~ of MUEquity ~~Global~~Securities ~~Health~~by ~~Management~~the ~~(Shanghai)~~Registrant ~~Limited~~and ~~was~~Affiliated ~~completed on July 30, 2024 for consideration of $11,975.00.~~Purchasers

~~All~~We ofhave ~~the~~not ~~previous~~repurchased ~~entities~~any ~~share~~shares ~~the same exact business plan with the goal~~ of ~~developing and providing wellness and beauty services to~~ our ~~future~~common ~~clients.~~stock Weduring ~~aim~~the tofiscal ~~promote~~year ~~improved~~ended ~~overall~~July ~~health and beauty in our clients through a holistic detoxification method. We will~~31, ~~at least initially, primarily focus our efforts on attracting customers in China~~2025. We have intentions, but no definitive plans or timelines, to expand to Singapore, Malaysia, Hong Kong, and Middle Eastern countries in the coming years, and subsequently we intend to make efforts to expand throughout Asia. We anticipate spending a substantial amount in marketing and advertising in the coming year.

~~Results~~ITEM of6. ~~Operations~~SELECTED FINANCIAL DATA

~~Revenue~~We are a smaller reporting company as defined by Rule 12b-2 of the Securities Exchange Act of 1934 and are not required to provide the information under this item.

~~The~~ITEM ~~Company generated revenue of $0 and $120,938 for the year ended July 31, 2024 and 2023~~7. ~~The~~MANAGEMENT’S ~~revenue~~DISCUSSION ~~represented~~AND ~~income from~~ANALYSIS ~~wellness~~OF ~~and~~FINANCIAL ~~beauty~~CONDITION ~~services~~AND ~~provided~~RESULTS toOF ~~customers and sales of products.~~OPERATIONS

~~Cost~~The following discussion of ~~Revenue~~our financial condition and ~~Gross~~results ~~Margin~~of operations should be read in conjunction with our audited consolidated financial statements and the notes to those financial statements appearing elsewhere in this Report.

~~For~~Certain ~~the~~statements ~~year~~in ~~ended~~this ~~July~~Report 31constitute forward-looking statements. These forward-looking statements include statements, ~~2024~~which involve risks and ~~2023~~uncertainties, ~~cost~~regarding, ~~incurred~~among inother ~~providing~~things, ~~wellness~~(a) ~~and~~our ~~beauty~~projected ~~services~~sales, profitability, and cash flows, (b) our growth strategy, (c) ~~selling~~anticipated oftrends ~~essential~~in ~~oil~~our ~~amounted~~industry, to(d) $0our future financing plans, and ~~$108~~(e) our anticipated needs for,~~844~~ ~~respectively~~and use of, working capital. ~~The~~They are ~~Company~~generally ~~generated~~identifiable ~~gross~~by ~~profit~~use of $0the ~~and~~words ~~$12~~“may,~~094~~” ~~for~~“will,” ~~the~~“should,” “anticipate,” ~~year~~“estimate,” ~~ended~~“plan,” ~~July~~“potential,” 31“project,” ~~2024~~“continuing,” “ongoing,” “expects,” “management believes,” “we believe,” “we intend,” or the negative of these words or other variations on these words or comparable terminology. In light of these risks and ~~2023~~uncertainties, there can be no assurance that the forward-looking statements contained in this filing will in fact occur. You should not place undue reliance on these forward-looking statements.

~~Selling~~The forward-looking statements speak only as of the date on which they are made, and, ~~Marketing~~except ~~Expenses~~to the extent required by federal securities laws, we undertake no obligation to update any forward-looking statements to reflect events or circumstances after the date on which the statements are made or to reflect the occurrence of unanticipated events.

~~Selling and distribution expenses for the year ended July 31, 2024 and 2023 amounted to $0 and $200 respectively, comprising advertisement expenses on WeChat, mobile apps and market public research.~~Overview

11Vanguard Green Investment Limited, the US Company, operates through its wholly owned subsidiary, MU Worldwide Group Limited, a Seychelles Company; which operates through its wholly owned subsidiary, MU Global Holding Limited, a Hong Kong Company; which operates through its wholly owned subsidiary, MU Global Health Management (Shanghai) Limited, a Shanghai Company. The US, Seychelles and Hong Kong Companies act solely for holding purposes whereas all current and future operations in China are planned to be carried out via MU Global Health Management (Shanghai) Limited, the Shanghai Company. The purpose of the Hong Kong Company is to function as the current regional hub of the Company.

~~General~~Full ~~and~~disposition ~~Administrative~~of ~~Expenses~~MU Global Health Management (Shanghai) Limited was completed on July 30, 2024 for consideration of $11,975.00.

~~General~~All ~~and~~of ~~administrative~~the ~~expenses~~previous ~~for~~entities share the ~~year~~same ~~ended~~exact ~~July~~business ~~31,~~plan ~~2024~~with the goal of developing and ~~2023~~providing ~~amounted~~wellness and beauty services to our ~~$105,641~~future clients. We aim to promote improved overall health and ~~$67~~beauty in our clients through a holistic detoxification method. We will,~~819~~ ~~respectively~~at least initially, ~~comprising~~primarily ~~professional~~focus ~~fees~~our efforts on attracting customers in China. We have intentions, ~~consultancy~~but ~~fee~~no ~~for~~definitive ITplans or timelines, to expand to Singapore, Malaysia, Hong Kong, and ~~system~~Middle ~~management~~Eastern countries in the coming years, ~~office~~and subsequently we intend to make efforts to expand throughout Asia. We anticipate spending a substantial amount in marketing and ~~outlet~~advertising ~~operation~~in ~~expenses~~the coming year.

~~Other~~Results ~~Income~~of Operations

The Company recorded an amount of $19,944 and $14,038 as other income for the year ended July 31, 2024 and 2023 respectively, being interest income, foreign exchange gain, gain on disposal of property, plant and equipment and gain on discounting of long-term loan.Revenue

~~Net~~The ~~Loss~~Company did not generate revenue for the year ended July 31, 2025 and 2024.

~~Net~~Cost ~~loss~~of ~~for~~Revenue ~~the year ended July 31, 2024~~ and ~~2023~~Gross ~~amounted to $85,697 and $41,887 respectively. The increase in net loss of $43,810 mainly due to no revenue generated during the year ended July 31, 2024.~~Margin

~~Liquidity~~For the year ended July 31, 2025 and ~~Capital~~2024, ~~Resources~~the Company did not incur cost of revenue and did not generate gross profit for the year ended July 31, 2025 and 2024.

AsSelling ~~of July 31, 2024~~ and ~~2023,~~Marketing we had working capital of shortage of $401,894 and $382,433, consisting of cash and cash equivalents of $12,052 and $4,425 respectively. During the year ended July 31, 2024 and 2023, we had negative operating cash flows due to revenue is insufficient to cover the general and administrative expenses.Expenses

WeThe ~~depend~~Company ~~substantially~~did onnot ~~financing~~incur ~~activities~~selling ~~to provide us with the liquidity~~ and ~~capital~~distribution ~~resources~~expenses wefor ~~need to meet our working capital requirements and to make capital investments in connection with ongoing operations. During~~ the year ended July 31, ~~2024,~~2025 ~~the Company had met these requirements primarily from the financial support from director~~ and ~~third party company~~2024.

~~Cash Used in Operating Activities~~11

~~For~~General ~~the year ended July 31, 2024~~ and ~~2023,~~Administrative ~~net cash used in operating activities was $97,890 and $39,887 respectively. The cash used in operating activities was mainly for payment of general and administrative expenses.~~Expenses

~~Cash~~General ~~Generated~~and ~~from~~administrative ~~Financing~~expenses ~~Activity~~for the year ended July 31, 2025 and 2024 amounted to $65,920 and $105,641 respectively, comprising professional fees, interest expense, bad debts written off and patent written off.

~~For~~Other ~~the year ended July 31, 2024 and 2023, net cash generated from financing activity was $92,029 and $24,366 respectively. The financing cash flow performance primarily reflects loan from director.~~Income

~~Cash~~The ~~Generated~~Company ~~from~~recorded ~~Investing~~an ~~Activities~~amount of $5 and $19,944 as other income for the year ended July 31, 2025 and 2024 respectively, being interest income, foreign exchange gain, gain on disposal of property, plant and equipment and gain on discounting of long-term loan.

~~For~~Net the year ended July 31, 2024 and 2023, net cash generated from investing activities was $15,757 and $16,816 respectively. The investing cash flow performance primarily reflects the purchase of trademarks and net proceeds from disposal of subsidiary and plant and equipment.Loss

~~Credit~~Net ~~Facilities~~loss for the year ended July 31, 2025 and 2024 amounted to $76,778 and $85,697 respectively. The decrease in net loss of $8,919 mainly due to the decrease in general and administrative expenses incurred during the year ended July 31, 2025.

WeLiquidity doand ~~not~~Capital ~~have any credit facilities or other access to bank credit.~~Resources

~~Critical~~As ~~Accounting~~of ~~Policies~~July 31, 2025 and ~~Estimates~~2024, we had working capital of shortage of $689,654 and $401,894, consisting of cash and cash equivalents of $93 and $12,052 respectively. During the year ended July 31, 2025 and 2024, we had negative operating cash flows due to revenue is insufficient to cover the general and administrative expenses.

~~Use~~We ofdepend ~~estimates~~substantially on financing activities to provide us with the liquidity and capital resources we need to meet our working capital requirements and to make capital investments in connection with ongoing operations. During the year ended July 31, 2025, the Company had met these requirements primarily from the financial support from director and third party company.

~~Management~~Cash ~~uses~~Used ~~estimates and assumptions~~ in ~~preparing~~Operating these financial statements in accordance with US GAAP. Those estimates and assumptions affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities in the balance sheets, and the reported revenue and expenses during the periods reported. Actual results may differ from these estimates.Activities

~~Cash~~For the year ended July 31, 2025 and 2024, net cash ~~equivalents~~used in operating activities was $74,051 and $97,890 respectively. The cash used in operating activities was mainly for payment of general and administrative expenses.

Cash ~~and~~Generated ~~cash~~from ~~equivalents~~Financing are carried at cost and represent cash on hand, demand deposits placed with banks or other financial institutions and all highly liquid investments with an original maturity of three months or less as of the purchase date of such investments.Activity

12For the year ended July 31, 2025 and 2024, net cash generated from financing activity was $62,092 and $92,029 respectively. The financing cash flow performance primarily reflects loan from director.

~~Revenue~~Cash ~~recognition~~Generated from Investing Activities

~~Financial~~For ~~Accounting~~the ~~Standards~~year ~~Board,~~ended orJuly ~~FASB~~31, ~~issued~~2025 ~~ASC~~and ~~606.~~2024, ~~The~~net ~~standard~~cash isgenerated afrom ~~comprehensive~~investing ~~new~~activities ~~revenue~~was ~~recognition~~$0 ~~model~~and ~~that~~$15,757 ~~requires~~respectively. ~~revenue to~~The beinvesting ~~recognized~~cash flow inperformance aprimarily ~~manner~~reflects ~~to depict~~ the ~~transfer~~purchase of ~~goods~~trademarks orand ~~services~~net toproceeds afrom ~~customer~~disposal atof ansubsidiary ~~amount~~and ~~that~~plant ~~reflects~~and ~~the consideration expected to be received in exchange for those goods or services~~equipment.

~~Revenue~~Credit is measured at the fair value of the consideration received or receivable, net of discounts and taxes applicable to the revenue. The Company derives its revenue from provision of wellness and beauty services to customers via Company owned outlets, franchised outlets or distribution of our product to third party wellness and beauty salon.Facilities

~~Cost~~We ofdo ~~revenues~~not have any credit facilities or other access to bank credit.

~~Cost~~Critical ofAccounting ~~revenue~~Policies ~~includes the cost of services~~ and ~~product incurred to provide wellness and beauty services and purchase of products.~~Estimates

~~Cash~~Use ~~and~~of ~~cash equivalents~~estimates

~~Cash~~Management uses estimates and ~~cash~~assumptions ~~equivalents~~in ~~are~~preparing ~~carried~~these atfinancial ~~cost~~statements ~~and~~in ~~represent~~accordance ~~cash~~with onUS ~~hand,~~GAAP. ~~demand~~Those ~~deposits~~estimates ~~placed~~and ~~with~~assumptions ~~banks~~affect the orreported ~~other~~amounts ~~financial~~of ~~institutions~~ assets and ~~all~~liabilities, ~~highly~~the ~~liquid~~disclosure ~~investments~~of ~~with~~contingent anassets ~~original~~and ~~maturity~~liabilities ofin ~~three~~the ~~months~~balance orsheets, ~~less~~and asthe ofreported revenue and expenses during the ~~purchase~~periods ~~date~~reported. ofActual ~~such~~results ~~investments~~may differ from these estimates.

~~Inventories~~Cash and cash equivalents

~~Inventories~~Cash ~~consisting~~and ofcash ~~products~~equivalents ~~available for sell,~~ are ~~stated~~carried at ~~the lower of~~ cost orand ~~market~~represent ~~value.~~cash ~~Cost~~on ~~of inventory is determined using the first-in~~hand, ~~first-out~~demand ~~(FIFO)~~deposits ~~method.~~placed ~~Inventory~~with ~~reserve~~banks isor ~~recorded~~other tofinancial ~~write down the cost of inventory to the estimated market value due~~institutions ~~to slow-moving merchandise~~ and ~~damaged~~all ~~goods,~~highly ~~which~~liquid isinvestments ~~dependent~~with ~~upon~~an ~~factors~~original ~~such~~maturity ~~as historical and forecasted consumer demand, and promotional environment. The Company takes ownership, risks and rewards~~ of ~~the~~three ~~products~~months ~~purchased.~~or ~~Write~~less ~~downs~~as ~~are recorded in cost~~ of ~~revenues~~ in the ~~Consolidated~~purchase ~~Statements~~date of ~~Operations~~such ~~and Comprehensive Loss~~investments.

~~Property, plant and equipment~~12

~~Property,~~Revenue plant and equipment are stated at cost less accumulated depreciation and accumulated impairment losses, if any. Depreciation is calculated on the straight-line basis over the following expected useful lives from the date on which they become fully operational:recognition

Classification		Estimated useful life
Leasable equipment		5 years
Computer hardware and software		3 years
Office equipment		3 years
Outlet design fee and equipment		3 years
Application development fee		3 years

Financial Accounting Standards Board, or FASB, issued ASC 606. The standard is a comprehensive new revenue recognition model that requires revenue to be recognized in a manner to depict the transfer of goods or services to a customer at an amount that reflects the consideration expected to be received in exchange for those goods or services.

~~Expenditures~~Revenue ~~for~~is ~~maintenance~~measured ~~and~~at ~~repairs~~the ~~are~~fair ~~expensed~~value asof ~~incurred.~~the ~~The~~consideration ~~gain~~received or ~~loss~~receivable, onnet ~~the disposal~~ of ~~property,~~discounts ~~plant~~ and ~~equipment~~taxes isapplicable to the ~~difference~~revenue. The ~~between~~Company ~~the~~derives ~~net~~its ~~sale~~revenue ~~proceeds~~from ~~and~~provision ~~the~~of ~~carrying~~wellness ~~amount~~and ofbeauty ~~the~~services ~~relevant~~to ~~assets~~customers ~~and~~via isCompany ~~recognized~~owned inoutlets, ~~the~~franchised ~~Consolidated~~outlets or ~~Statements~~distribution of ~~Operations~~ our product to third party wellness and ~~Comprehensive~~beauty ~~Loss~~salon.

~~Impairment~~Cost of ~~long-live assets~~revenues

~~Long-lived~~Cost ~~assets primarily include trademark~~ of ~~the~~revenue ~~Company.~~includes ~~In accordance with~~ the ~~provision~~cost of ~~ASC~~services ~~Topic~~and ~~360,~~product ~~Impairment~~incurred ~~or Disposal of Long-Lived Assets, the Company generally conducts its annual impairment evaluation~~ to ~~its~~provide ~~long-lived~~wellness ~~assets,~~and ~~usually~~beauty inservices the fourth quarter of each fiscal year, or more frequently if indicators of impairment exist, such as significant sustained change in the business climate. The recoverability of long-lived assets is measured at the lowest level group. If the total of the expected undiscounted future net cash flows is less than the carrying amount of the asset, a loss is recognized for the difference between the fair value and ~~carrying~~purchase ~~amount~~ of ~~the asset~~products.

13Cash and cash equivalents

~~Leases~~Cash and cash equivalents are carried at cost and represent cash on hand, demand deposits placed with banks or other financial institutions and all highly liquid investments with an original maturity of three months or less as of the purchase date of such investments.

~~The Company recognizes lease payments for its short-term lease on a straight-line basis over the lease term in accordance with ASC 842.~~Inventories

~~The~~Inventories ~~right-~~consisting of~~-use~~ ~~asset~~products isavailable ~~initially~~for ~~measured~~sell, are stated at ~~cost,~~the ~~which~~lower ~~comprises~~of ~~the~~cost ~~initial~~or ~~amount~~market value. Cost of inventory is determined using the first-in, ~~lease~~first-out ~~liability~~(FIFO) ~~adjusted~~method. ~~for~~Inventory ~~lease~~reserve ~~payments made~~is atrecorded orto ~~before~~write down the ~~lease~~cost ~~commencement~~of ~~date~~inventory to the estimated market value due to slow-moving merchandise and damaged goods, ~~plus~~which ~~any~~is ~~initial~~dependent ~~direct~~upon ~~costs~~factors ~~incurred~~such ~~less~~as ~~any~~historical ~~lease~~and ~~incentives~~forecasted ~~received.~~consumer ~~Costs~~demand, ~~associated~~and ~~with~~promotional ~~operating~~environment. ~~lease~~The ~~assets~~Company ~~are~~takes ~~recognized~~ownership, onrisks aand ~~straight-line~~rewards ~~basis~~of ~~within~~the ~~operating~~products ~~expenses~~purchased. ~~over~~Write ~~the~~downs ~~term~~are recorded in cost of revenues in the ~~lease~~Consolidated Statements of Operations and Comprehensive Loss.

~~In determining the present value of the unpaid lease payments~~Property, ~~ASC 842 requires a lessee to discount its unpaid lease payments using the~~ ~~interest~~plant rate implicit in the lease or, if that rate cannot be readily determined, its incremental borrowing rate. As most of the Company leases do not provide an implicit rate, the Company uses its incremental borrowing rate as the discount rate for the lease. The Company incremental borrowing rate is estimated to approximate the interest rate on a collateralized basis with similar terms and ~~payments.~~equipment

~~Income~~Property, ~~taxes~~plant and equipment are stated at cost less accumulated depreciation and accumulated impairment losses, if any. Depreciation is calculated on the straight-line basis over the following expected useful lives from the date on which they become fully operational:

Income taxes are determined in accordance with the provisions of ASC Topic 740, “Income Taxes” (“ASC Topic 740”). Under this method, deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax basis. Deferred tax assets and liabilities are measured using enacted income tax rates expected to apply to taxable income in the periods in which those temporary differences are expected to be recovered or settled. Any effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date.

Classification		Estimated useful life
Leasable equipment		5 years
Computer hardware and software		3 years
Office equipment		3 years
Outlet design fee and equipment		3 years
Application development fee		3 years

~~ASC~~Expenditures ~~740 prescribes a comprehensive model~~ for ~~how~~maintenance ~~companies should recognize, measure, present,~~ and ~~disclose~~repairs inare ~~their~~expensed ~~financial~~as ~~statements uncertain~~incurred. ~~tax~~The ~~positions~~gain ~~taken~~ or ~~expected~~loss ~~to be taken~~ on athe ~~tax~~disposal ~~return.~~of ~~Under ASC 740~~property, ~~tax~~plant ~~positions~~and ~~must~~equipment ~~initially be recognized in the financial statements when it~~ is ~~more likely than not~~ the ~~position~~difference between ~~will be sustained upon examination by~~ the ~~tax~~net ~~authorities.~~sale ~~Such~~proceeds ~~tax positions must initially~~ and ~~subsequently be measured as~~ the ~~largest~~carrying amount of ~~tax~~the ~~benefit~~relevant ~~that~~assets ~~has~~and ais ~~greater~~recognized ~~than~~in ~~50% likelihood of being realized upon ultimate settlement with~~ the ~~tax~~Consolidated ~~authority~~Statements ~~assuming full knowledge~~ of ~~the position~~ Operations and ~~relevant~~Comprehensive ~~facts~~Loss.

~~The~~Impairment ~~Company conducts major businesses in China and is subject to tax in this jurisdiction. As a result~~ of ~~its~~long-live ~~business activities, the Company will file tax returns that are subject to examination by the foreign tax authority.~~assets

~~Going~~Long-lived ~~concern~~assets primarily include trademark of the Company. In accordance with the provision of ASC Topic 360, Impairment or Disposal of Long-Lived Assets, the Company generally conducts its annual impairment evaluation to its long-lived assets, usually in the fourth quarter of each fiscal year, or more frequently if indicators of impairment exist, such as significant sustained change in the business climate. The recoverability of long-lived assets is measured at the lowest level group. If the total of the expected undiscounted future net cash flows is less than the carrying amount of the asset, a loss is recognized for the difference between the fair value and carrying amount of the asset.

The accompanying financial statements have been prepared using the going concern basis of accounting, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business.13

For the year ended July 31, 2024, the Company has continuously incurred a net loss of $85,697. As of July 31, 2024, the Company suffered an accumulated deficit of $2,484,043, capital deficiency of $647,800 and negative operating cash flow of $97,890. The Company’s ability to continue as a going concern is dependent upon improving the profitability and the continuing financial support from its shareholders and director. Management believes the existing shareholders, director or external financing will provide the additional cash to meet the Company’s obligations as they become due.Leases

~~These~~The ~~and other factors raise substantial doubt about the~~ Company’s ~~ability~~recognizes tolease ~~continue~~payments asfor aits ~~going~~short-term ~~concern.~~lease ~~These financial statements do not include any adjustments to reflect the possible future effects~~ on ~~the~~a ~~recoverability~~straight-line ~~and~~basis ~~classification~~over ~~of assets or~~ the ~~amounts and~~lease ~~classification~~term ~~of liabilities that may result~~ in ~~the~~accordance ~~Company~~with ~~not~~ASC ~~being able to continue as a going concern~~842.

14The right-of-use asset is initially measured at cost, which comprises the initial amount of the lease liability adjusted for lease payments made at or before the lease commencement date, plus any initial direct costs incurred less any lease incentives received. Costs associated with operating lease assets are recognized on a straight-line basis within operating expenses over the term of the lease.

~~Net~~In ~~loss~~determining ~~per~~the ~~share~~present value of the unpaid lease payments, ASC 842 requires a lessee to discount its unpaid lease payments using the interest rate implicit in the lease or, if that rate cannot be readily determined, its incremental borrowing rate. As most of the Company leases do not provide an implicit rate, the Company uses its incremental borrowing rate as the discount rate for the lease. The Company incremental borrowing rate is estimated to approximate the interest rate on a collateralized basis with similar terms and payments.

~~The~~Income Company calculates net loss per share in accordance with ASC Topic 260 “Earnings Per Share”. Basic loss per share is computed by dividing the net loss by the weighted average number of common shares outstanding during the period. Diluted loss per share is computed similar to basic loss per share except that the denominator is increased to include the number of additional common shares that would have been outstanding if the potential common stock equivalents had been issued and if the additional common shares were dilutive.taxes

~~Foreign~~Income ~~currencies~~taxes ~~translation~~are determined in accordance with the provisions of ASC Topic 740, “Income Taxes” (“ASC Topic 740”). Under this method, deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax basis. Deferred tax assets and liabilities are measured using enacted income tax rates expected to apply to taxable income in the periods in which those temporary differences are expected to be recovered or settled. Any effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date.

~~Transactions~~ASC ~~denominated~~740 inprescribes ~~currencies~~a ~~other~~comprehensive ~~than~~model ~~the~~for ~~functional~~how ~~currency~~companies ~~are~~should ~~translated~~recognize, ~~into~~measure, ~~the~~present, ~~functional~~and ~~currency~~disclose atin ~~the~~their ~~exchange~~financial ~~rates prevailing~~statements atuncertain ~~the~~tax ~~dates~~positions oftaken ~~the~~or ~~transaction~~expected to be taken on a tax return. ~~Monetary~~Under ~~assets~~ASC ~~and~~740, ~~liabilities~~tax ~~denominated~~positions must initially be recognized in ~~currencies~~the financial ~~other~~statements when it is more likely than not the ~~functional~~position ~~currency~~will ~~are~~be ~~translated into~~sustained upon examination by the ~~functional~~tax ~~currency~~authorities. ~~using~~Such ~~the~~tax positions ~~applicable~~must ~~exchange~~initially ~~rates~~and atsubsequently be measured as the ~~balance~~largest ~~sheet~~amount ~~dates.~~of ~~The~~tax ~~resulting~~benefit ~~exchange~~that ~~differences~~has ~~are~~a ~~recorded~~greater than 50% likelihood of inbeing realized upon ultimate settlement with the ~~Consolidated~~tax ~~Statements~~authority assuming full knowledge of ~~Operations~~the position and ~~Comprehensive~~relevant ~~Loss~~facts.

The ~~functional currency of the parent~~ Company isconducts ~~United~~major ~~States~~businesses ~~dollar~~in China and ~~the~~is ~~functional~~subject ~~currency~~to oftax ~~the~~in ~~subsidiaries~~this MUjurisdiction. ~~Worldwide~~As ~~Group Limited~~a ~~(Seychelles)~~result ~~and~~of MUits ~~Global~~business ~~Holding~~activities, ~~Limited~~the ~~(Hong~~Company will ~~Kong)~~file istax ~~United~~returns ~~States~~that ~~dollar.~~are MUsubject ~~Global~~to ~~Health~~examination ~~Management~~by ~~(Shanghai)~~the ~~Limited is~~foreign intax ~~Renminbi~~authority.

~~The~~Going ~~reporting currency of the Company and its subsidiary is United States Dollars (“US$”) and the accompanying financial statements have been expressed in US$.~~concern

InThe ~~general,~~accompanying ~~for~~financial ~~consolidation~~statements ~~purposes,~~have ~~assets~~been ~~and~~prepared ~~liabilities~~using ofthe ~~its~~going ~~subsidiary~~concern ~~whose~~basis ~~functional currency is not US$ are translated into US$, in accordance with ASC Topic 830-30, “Translation~~ of ~~Financial Statement”~~accounting, ~~using~~which ~~the~~contemplates ~~exchange rate on~~ the ~~balance sheet~~realization ~~date.~~of ~~Revenues~~assets and ~~expenses are translated at average rates prevailing during~~ the ~~period.~~satisfaction ~~The gains and losses resulting from translation~~ of ~~financial~~liabilities ~~statements~~in ofthe ~~foreign~~normal ~~subsidiary~~course ~~are recorded as a separate component~~ of ~~accumulated other comprehensive loss within the statements of shareholders’ equity~~business.

~~Translation~~For the year ended July 31, 2025, the Company has continuously incurred a net loss of ~~amounts~~$76,778. ~~from~~As ~~RMB~~of July 31, ~~TWD~~2025, ~~and~~the HKCompany’s current liabilities exceeded its current assets by $689,654, ~~into~~suffered USan accumulated deficit of $12,560,821, ~~has~~capital ~~been~~deficiency ~~made~~of at$724,578 and negative operating cash flow of $74,051. The Company’s ability to continue as a going concern is dependent upon improving the profitability ~~following~~and ~~exchange~~the ~~rates~~continuing ~~for~~financial support from its shareholders and director. Management believes the ~~respective~~existing ~~periods:~~shareholders, director or external financing will provide the additional cash to meet the Company’s obligations as they become due.

	As of and for the year ended July 31,
	2024		2023
Year-end RMB : US$1 exchange rate		7.2511		7.136
Year-average RMB : US$1 exchange rate		7.2198		6.989
Year-end HK$ : US$1 exchange rate		7.8116		7.799
Year-average HK$ : US$1 exchange rate		7.8187		7.835
Year-end TWD : US$1 exchange rate		32.707		31.461
Year-average TWD : US$1 exchange rate		31.931		30.805

These and other factors raise substantial doubt about the Company’s ability to continue as a going concern. These financial statements do not include any adjustments to reflect the possible future effects on the recoverability and classification of assets or the amounts and classification of liabilities that may result in the Company not being able to continue as a going concern.

~~Related parties~~14

~~Parties,~~Net ~~which~~loss ~~can~~per be a corporation or individual, are considered to be related if the Company has the ability, directly or indirectly, to control the other party or exercise significant influence over the other party in making financial and operating decisions. Companies are also considered to be related if they are subject to common control or common significant influence.share

~~Fair~~The ~~value~~Company calculates net loss per share in accordance with ASC Topic 260 “Earnings Per Share”. Basic loss per share is computed by dividing the net loss by the weighted average number of ~~financial~~common ~~instruments:~~shares outstanding during the period. Diluted loss per share is computed similar to basic loss per share except that the denominator is increased to include the number of additional common shares that would have been outstanding if the potential common stock equivalents had been issued and if the additional common shares were dilutive.

~~The~~Foreign ~~carrying~~currencies value of the Company’s financial instruments: cash and cash equivalents, accounts payable and accrued liabilities, and amount due to a director approximate at their fair values because of the short-term nature of these financial instruments.translation

~~The~~Transactions ~~Company~~denominated ~~also~~in ~~follows~~currencies other than the ~~guidance~~functional ofcurrency ~~the~~are ~~ASC~~translated ~~Topic~~into ~~820-10,~~the ~~“Fair~~functional ~~Value~~currency ~~Measurements~~at ~~and~~the ~~Disclosures”~~exchange ~~(“ASC~~rates ~~820-10”),~~prevailing ~~with~~at ~~respect~~the todates ~~financial~~of the transaction. Monetary assets and liabilities ~~that~~denominated ~~are~~in ~~measured~~currencies atother ~~fair~~than ~~value.~~the ~~ASC~~functional ~~820-10~~currency ~~establishes~~are atranslated into ~~three-tier~~the ~~fair~~functional ~~value~~currency ~~hierarchy that~~using ~~prioritizes~~the applicable exchange rates at the ~~inputs~~balance ~~used~~sheet dates. The resulting exchange differences are recorded in ~~measuring~~the ~~fair~~Consolidated ~~value~~Statements asof ~~follows:~~Operations and Comprehensive Loss.

~~Level~~The functional 1:currency ~~Observable~~of ~~inputs~~the ~~such~~parent asCompany ~~quoted~~is ~~prices~~United inStates ~~active~~dollar ~~markets;~~and ~~Level~~the 2:functional ~~Inputs,~~currency ~~other~~of ~~than~~ the ~~quoted~~subsidiaries ~~prices~~MU inWorldwide ~~active~~Group Limited ~~markets,~~(Seychelles) ~~that~~and ~~are~~MU ~~observable~~Global ~~either~~Holding ~~directly~~Limited or(Hong ~~indirectly;~~Kong) ~~and~~is United States dollar.

~~Level~~The reporting 3:currency ~~Unobservable~~of ~~inputs~~the inCompany ~~which~~and ~~there~~its subsidiary is ~~little~~United orStates noDollars ~~market~~(“US$”) ~~data,~~and ~~which require~~ the ~~reporting~~accompanying ~~entity~~financial tostatements have ~~develop~~been ~~its~~expressed ~~own~~in ~~assumptions~~US$.

~~Recently~~In ~~Adopted~~general, ~~Accounting~~for ~~Standards~~consolidation purposes, assets and liabilities of its subsidiary whose functional currency is not US$ are translated into US$, in accordance with ASC Topic 830-30, “Translation of Financial Statement”, using the exchange rate on the balance sheet date. Revenues and expenses are translated at average rates prevailing during the period. The gains and losses resulting from translation of financial statements of foreign subsidiary are recorded as a separate component of accumulated other comprehensive loss within the statements of shareholders’ equity.

InTranslation ~~June 2016, the FASB issued Accounting Standards Update No. 2016-13, Financial Instruments – Credit Losses (Topics 326): Measurement~~ of ~~Credit~~amounts ~~Losses~~from ~~on Financial Instruments~~RMB, ~~which~~TWD ~~introduced~~and ~~the~~HK$ ~~expected~~into ~~credit~~US$1 ~~losses~~has ~~methodology~~been ~~for~~made ~~the measurement of credit losses on financial assets measured~~ at ~~amortized cost basis, replacing~~ the ~~previous~~following ~~incurred~~exchange ~~loss~~rates ~~methodology. In November 2019, the FASB issued ASU 2019-10 highlighted the adoption timeline. For smaller reporting entities, Topic 326 is effective~~ for ~~annual periods beginning after December 15, 2022, including interim period within those fiscal years, of which is effective for~~ the ~~Company~~respective ~~on January 1, 2023.~~periods:

Credit loss rate is determined by historical collection based on aging schedule, adjusted for current conditions using reasonable and supportable forecast. Based on the aging categorization and the adjusted loss per category, an allowance for credit losses is calculated by multiplying the adjusted loss rate with the amortized cost in the respective age category.

	As of and for the year ended July 31,
	2025		2024

Year-end RMB : US$1 exchange rate		7.1943		7.2511
Year-average RMB : US$1 exchange rate		7.2064		7.2198
Year-end HK$ : US$1 exchange rate		7.8494		7.8116
Year-average HK$ : US$1 exchange rate		7.7931		7.8187
Year-end TWD : US$1 exchange rate		29.844		32.707
Year-average TWD : US$1 exchange rate		31.767		31.931

~~Recent~~Related ~~accounting pronouncements~~parties

~~The~~Parties, ~~Company~~which ~~has~~can ~~implemented~~be ~~all~~a ~~new~~corporation ~~accounting~~or ~~pronouncements~~individual, ~~that~~ are inconsidered ~~effect.~~to ~~These~~be ~~pronouncements~~related ~~did~~if ~~not~~the ~~have~~Company ~~any~~has ~~material impact on~~ the ~~financial~~ability, ~~statements~~directly ~~unless~~or ~~otherwise disclosed~~indirectly, ~~and~~to control the ~~Company~~other ~~does~~party ~~not~~or ~~believe~~exercise ~~that~~significant ~~there~~influence ~~are~~over ~~any~~the other ~~new~~party ~~accounting~~in ~~pronouncements that~~making ~~have~~financial ~~been~~and ~~issued~~operating ~~that~~decisions. ~~might~~Companies ~~have~~are aalso considered ~~material~~to ~~impact~~be onrelated ~~its~~if ~~financial~~they ~~position~~are subject to common control or ~~results~~common ofsignificant ~~operations~~influence.

~~Off-Balance~~Fair ~~Sheet~~value ~~Arrangements~~of financial instruments

The carrying value of the Company’s ~~has~~financial noinstruments: ~~off~~cash and cash equivalents, accounts payable and accrued liabilities, and amount due to a director approximate at their fair values because of the short-~~balance~~term ~~sheet~~nature ~~arrangements~~of these financial instruments.

15The Company also follows the guidance of the ASC Topic 820-10, “Fair Value Measurements and Disclosures” (“ASC 820-10”), with respect to financial assets and liabilities that are measured at fair value. ASC 820-10 establishes a three-tier fair value hierarchy that prioritizes the inputs used in measuring fair value as follows:

~~ITEM 7A.~~Level ~~QUANTITATIVE~~1: ~~AND~~Observable ~~QUALITATIVE~~inputs ~~DISCLOSURES~~such ~~ABOUT~~as ~~MARKET~~quoted ~~RISK~~prices in active markets; Level 2: Inputs, other than the quoted prices in active markets, that are observable either directly or indirectly; and Level 3: Unobservable inputs in which there is little or no market data, which require the reporting entity to develop its own assumptions.

~~We are~~Credit ~~a smaller reporting company as defined by Rule 12b-2 of the Securities Exchange Act of 1934 and are not required to provide the information under this item.~~losses

~~ITEM~~The Company 8estimates and records a provision for its expected credit losses related to its financial instruments, including its trade receivables. Management ~~FINANCIAL~~considers ~~STATEMENTS~~historical ~~AND~~collection ~~SUPPLEMENTARY~~rates, ~~DATA~~the current financial status of the Company’s customers, macroeconomic factors, and other industry-specific factors when evaluating current expected credit losses. Forward-looking information is also considered in the evaluation of current expected credit losses. However, because of the short time to the expected receipt of accounts receivable, management believes that the carrying value, net of expected losses, approximates fair value and therefore, relies more on historical and current analysis of such financial instruments, including its trade receivables.

~~The~~Credit loss ~~financial~~rate ~~statements~~is ~~required~~determined by ~~this~~historical ~~item~~collection ~~are~~based ~~located~~on inaging ~~PART~~schedule, IVadjusted offor ~~this~~current ~~Annual~~conditions ~~Report~~using reasonable and supportable forecasts. Based on the aging categorization and the adjusted loss rate per category, an allowance for credit losses is calculated by multiplying the adjusted loss rate with the amortized cost in the respective age category.

~~ITEM~~Recently 9.Adopted ~~CHANGES~~Accounting ~~IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND FINANCIAL DISCLOSURE~~Standards

~~None~~In November 2023, the FASB issued ASU 2023-07, “Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures”, which expands annual and interim disclosure requirements for reportable segments, primarily through enhanced disclosures about significant segment expenses. The ASU 2023-07 is effective for annual reporting periods beginning after December 15, 2023, and interim periods in fiscal years beginning after December 15, 2024. Early adoption is permitted. The Company already adopted this ASU on its financial statements and related disclosures.

~~ITEM~~Recent ~~9A.~~accounting ~~CONTROLS AND PROCEDURES~~pronouncements

~~Disclosures~~The Company has reviewed all recently issued, but ~~Control~~not yet effective, considers the applicability and ~~Procedures~~impact of all accounting standards updates (“ASUs”). Management periodically reviews new accounting standards that are issued.

~~Our~~In December ~~management~~2023, isthe ~~responsible~~FASB ~~for~~issued ~~establishing~~ASU ~~and~~2023-09, ~~maintaining~~Income ~~adequate~~Taxes ~~internal~~(Topic ~~control~~740): ~~over~~Improvements ~~financial~~to ~~reporting~~Income Tax Disclosures. ~~Internal~~The ~~control~~new ~~over financial~~standard ~~reporting~~was isissued ~~defined~~to inimprove transparency ~~Rule~~and ~~13a-15(f)~~decision orusefulness ~~15d-15(f)~~of ~~promulgated~~income ~~under~~tax ~~the~~disclosures ~~Exchange~~by ~~Act~~providing asinformation athat ~~process~~helps ~~designed~~investors ~~by,~~better orunderstand ~~under~~how ~~the~~an ~~supervision~~entity’s ofoperations, ~~the~~tax ~~company’s~~risks, ~~principal~~tax ~~executive~~planning and ~~principal~~operational ~~financial~~opportunities ~~officers~~affect ~~and~~its ~~effected~~tax byrate ~~the~~and ~~company’s~~prospects ~~board~~for offuture cash flows. ~~directors,~~The ~~management~~amendments ~~and~~in ~~other~~this ~~personnel,~~update toprimarily ~~provide~~relate ~~reasonable~~to ~~assurance~~requiring ~~regarding~~greater ~~the~~disaggregated ~~reliability~~disclosure of ~~financial~~information ~~reporting~~in ~~and~~ the ~~preparation~~rate reconciliation, ofincome ~~financial~~taxes ~~statements~~paid, ~~for~~income ~~external~~(loss) ~~purposes~~from incontinuing ~~accordance~~operations ~~with~~before ~~accounting~~income ~~principles~~tax ~~generally~~expense ~~accepted~~(benefit), inand ~~the~~income ~~United~~tax ~~States~~expense of(benefit) ~~America~~from ~~and~~continuing ~~includes~~operations. ~~those~~The ~~policies~~ASU is effective for fiscal years beginning after December 15, 2024, and ~~procedures~~early ~~that:~~adoption is permitted. The standard can be applied prospectively or retrospectively.

●In ~~Pertain~~November 2024, to the ~~maintenance~~FASB ofissued ~~records~~ASU ~~that~~2024-03, inDisaggregation ~~reasonable~~of ~~detail~~Income ~~accurately~~Statement ~~and~~Expenses. ~~fairly~~The ~~reflect~~new ~~the~~standard ~~transactions~~requires ~~and~~entities ~~dispositions~~to ofdisclose ~~the~~additional information ~~assets~~about ofcertain ~~the~~expenses, ~~company;~~such ●as ~~Provide~~purchases ~~reasonable~~of ~~assurance~~inventory, ~~that~~employee ~~transactions~~compensation, ~~are~~depreciation, ~~recorded~~intangible asset amortization, as ~~necessary~~well toas ~~permit~~selling ~~preparation~~expenses ofincluded ~~financial statements~~ in ~~accordance~~commonly ~~with~~presented ~~accounting~~expense ~~principles~~captions ~~generally~~on ~~accepted~~the inincome ~~the~~statement. ~~United~~The ~~States~~FASB offurther ~~America~~clarified ~~and~~the ~~that~~effective date ~~receipts~~in ~~and~~January ~~expenditures~~2025 ofwith the ~~company~~issuance ~~are~~of ~~being~~ASU ~~made~~2025-01, ~~only~~Income inStatement ~~accordance~~– ~~with~~Reporting ~~authorizations~~Comprehensive ofIncome ~~management~~– ~~and~~Expense ~~directors~~Disaggregation Disclosures of(Subtopic 220-40): Clarifying the ~~company;~~Effective ~~and~~Date. ●The ~~Provide~~ASU ~~reasonable~~is ~~assurance~~effective ~~regarding~~for ~~prevention~~fiscal oryears ~~timely~~beginning ~~detection~~after ofDecember ~~unauthorized~~15, ~~acquisition~~2026, and ~~use~~interim orperiods ~~disposition~~beginning ofafter December 15, 2027. Companies have the ~~company’s~~option ~~assets~~to ~~that~~apply ~~could~~this ~~have~~guidance either on a ~~material~~retrospective ~~effect~~or onprospective basis, ~~the~~and ~~financial~~early ~~statements~~adoption is permitted.

~~Because~~The Company ofreviews ~~its~~new ~~inherent~~accounting ~~limitations,~~standards ~~internal~~as ~~control~~issued. ~~over~~Management ~~financial~~has ~~reporting may~~ not ~~prevent~~identified ~~or detect misstatements. Projections of~~ any ~~evaluation of~~other ~~effectiveness~~new tostandards ~~future periods are subject to the risk~~ that ~~controls~~it ~~may~~believes ~~become~~will ~~inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate. All internal control systems, no matter how well designed,~~ have inherent limitations. Therefore, even those systems determined to be effective can provide only reasonable assurance with respect to financial statement preparation and presentation. Because of the inherent limitations of internal control, there is a ~~risk that material~~significant ~~misstatements~~impact ~~may not be prevented or detected~~ on athe ~~timely~~Company’s ~~basis by internal control over~~ financial ~~reporting~~statements. ~~However, these inherent limitations are known features of the financial reporting process. Therefore, it is possible to design into the process safeguards to reduce, though not eliminate, this risk.~~

AsOff-Balance ofSheet July 31, 2024, the management assessed the effectiveness of our internal control over financial reporting based on the criteria for effective internal control over financial reporting established in Internal Control—Integrated Framework issued by the Committee of Sponsoring Organizations of the Treadway Commission (“COSO”) and SEC guidance on conducting such assessments. Based on such evaluation, the management concluded that during the year covered by this Report, internal controls and procedures overall were not effective. This was due to the deficiencies existed in the design or operation of our internal controls over financial reporting that adversely affected our internal controls and that may be considered to be material weaknesses.Arrangements

16The Company has no off-balance sheet arrangements

~~Identified Material Weakness~~15

AITEM ~~material~~7A. ~~weakness~~QUANTITATIVE inAND ~~internal~~QUALITATIVE ~~control~~DISCLOSURES ~~over~~ABOUT ~~financial~~MARKET reporting is a control deficiency, or combination of control deficiencies, that results in more than a remote likelihood that a material misstatement of the financial statements will not be prevented or detected.RISK

~~Management~~We ~~identified~~are ~~the~~a ~~following~~smaller ~~material~~reporting ~~weakness~~company ~~during~~as ~~its~~defined ~~assessment~~by ofRule ~~internal~~12b-2 ~~controls~~of ~~over~~the ~~financial~~Securities ~~reporting~~Exchange asAct of ~~July~~1934 ~~31,~~and ~~2024~~are not required to provide the information under this item.

WeITEM do8. ~~not~~FINANCIAL ~~have~~STATEMENTS ~~adequate~~AND ~~segregation~~SUPPLEMENTARY of duties and effective risk assessment – Lack of segregation of duties and effective risk assessment may cause the Company to face the likelihood of fraud or theft, due to poor oversight, governance and review to detect errors.DATA

~~Accordingly,~~The ~~the~~financial ~~Company~~statements ~~concluded~~required ~~that~~by ~~these~~this ~~control~~item ~~deficiencies~~are ~~resulted~~located in aPART ~~reasonable~~IV ~~possibility that a material misstatement~~ of ~~the~~this ~~annual or~~Annual ~~interim financial statements will not be prevented or detected on a timely basis by the company’s internal controls~~Report.

AsITEM a9. ~~result~~CHANGES ofIN ~~the~~AND ~~material~~DISAGREEMENTS ~~weaknesses~~WITH ~~described~~ACCOUNTANTS ~~above,~~ON ~~the~~ACCOUNTING ~~management~~AND ~~has~~FINANCIAL concluded that the Company did not maintain effective internal control over financial reporting as of July 31, 2024 based on the criteria established in Internal Control—Integrated Framework issued by COSO.DISCLOSURE

~~Management’s Remediation Initiatives~~None.

InITEM an9A. ~~effort~~CONTROLS toAND ~~remediate the identified material weaknesses and other deficiencies and enhance our internal controls, we have initiated, or plan to initiate, the following series of measures:~~PROCEDURES

We plan to create a position to segregate duties consistent with control objectives and will increase our personnel resources and technical accounting expertise within the accounting function. The accounting personnel is responsible for reviewing the financing activities, facilitating the approval of the financing, recording the information regarding the financing, and submitting SEC filing related documents to our legal counsel in order to comply with the filing requirements of SEC.

We intend to add staff members to our management team to make sure that information required to be disclosed in our reports filed and submitted under the Exchange Act is recorded, processed, summarized and reported as and when required and will the staff members will have segregated responsibilities with regard to these responsibilities.

Disclosures Control and Procedures

WeOur ~~anticipate~~management ~~that~~is ~~these~~responsible ~~initiatives~~for ~~will~~establishing beand atmaintaining ~~least~~adequate ~~partially~~internal control over financial reporting. Internal control over financial reporting is defined in Rule 13a-15(f) or 15d-15(f) promulgated under the Exchange Act as a process designed by, ifor ~~not~~under ~~fully~~the supervision of, ~~implemented~~the company’s principal executive and principal financial officers and effected by the ~~end~~company’s board of directors, ~~fiscal~~management ~~year~~and ~~2024.~~other personnel, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with accounting principles generally accepted in the United States of America and includes those policies and procedures that:

~~Changes~~ ● Pertain to the maintenance of records that in ~~internal~~reasonable ~~controls~~detail ~~over~~accurately and fairly reflect the transactions and dispositions of the assets of the company; ● Provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial ~~reporting~~statements in accordance with accounting principles generally accepted in the United States of America and that receipts and expenditures of the company are being made only in accordance with authorizations of management and directors of the company; and ● Provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use or disposition of the company’s assets that could have a material effect on the financial statements.

~~There~~Because ~~was~~of noits ~~change~~inherent inlimitations, ~~our~~ internal ~~controls~~control over financial reporting may not prevent or detect misstatements. Projections of any evaluation of effectiveness to future periods are subject to the risk that ~~occurred~~controls ~~during~~may become inadequate because of changes in conditions, or that the ~~year~~degree ~~covered~~of bycompliance ~~this~~with ~~Report~~the policies or procedures may deteriorate. All internal control systems, ~~which~~no ~~has~~matter ~~materially~~how well designed, ~~affected~~have inherent limitations. Therefore, oreven isthose ~~reasonably~~systems ~~likely~~determined to ~~materially~~be ~~affect~~effective can provide only reasonable assurance with respect to financial statement preparation and presentation. Because of the inherent limitations of internal control, ~~our~~there is a risk that material misstatements may not be prevented or detected on a timely basis by internal ~~controls~~control over financial reporting:. However, these inherent limitations are known features of the financial reporting process. Therefore, it is possible to design into the process safeguards to reduce, though not eliminate, this risk.

~~This~~As ~~annual~~of ~~report~~July ~~does~~31, ~~not~~2025, ~~include~~the anmanagement ~~attestation~~assessed ~~report~~the effectiveness of ~~the~~our ~~Company’s~~internal ~~registered~~control ~~independent~~over ~~public~~financial ~~accounting~~reporting ~~firm~~based ~~regarding~~on ~~internal~~the criteria for effective internal control over financial reporting. ~~Management’s~~established ~~report~~in ~~was~~Internal ~~not~~Control—Integrated ~~subject~~Framework toissued ~~attestation~~ by the ~~Company’s~~Committee of ~~registered~~Sponsoring ~~independent~~Organizations of the Treadway Commission (“COSO”) and SEC guidance on conducting such assessments. Based on ~~public~~such ~~accounting~~evaluation, ~~firm~~the ~~pursuant~~management toconcluded ~~rules~~that ofduring the ~~Securities~~year covered by this Report, internal controls and ~~Exchange~~procedures ~~Commission~~overall ~~that~~were not ~~permit~~effective. ~~the~~This ~~Company~~was due to ~~provide~~the ~~only~~deficiencies ~~management’s report~~existed in ~~this~~the ~~Annual~~design ~~Report~~or onoperation ~~Form~~of ~~10-K~~our internal controls over financial reporting that adversely affected our internal controls and that may be considered to be material weaknesses.

~~ITEM 9B. OTHER INFORMATION~~16

~~None.~~Identified Material Weakness

17A material weakness in internal control over financial reporting is a control deficiency, or combination of control deficiencies, that results in more than a remote likelihood that a material misstatement of the financial statements will not be prevented or detected.

~~PART~~Management ~~III~~identified the following material weakness during its assessment of internal controls over financial reporting as of July 31, 2025.

~~ITEM~~We ~~10.~~do ~~DIRECTORS~~not have adequate segregation of duties and effective risk assessment – Lack of segregation of duties and effective risk assessment may cause the Company to face the likelihood of fraud or theft, ~~EXECUTIVE~~due ~~OFFICERS~~to ~~AND~~poor ~~CORPORATE~~oversight, ~~GOVERNANCE~~governance and review to detect errors.

~~Our~~Accordingly, ~~executive~~the ~~officer’s~~Company ~~and~~concluded ~~director’s~~that ~~and~~these ~~their~~control ~~respective~~deficiencies ~~ages~~resulted asin a reasonable possibility that a material misstatement of the ~~date~~annual or ~~hereof~~interim ~~are~~financial asstatements ~~follows:~~will not be prevented or detected on a timely basis by the company’s internal controls.

NAME		AGE		POSITION
Niu Yen-Yen		51		Chief Executive Officer, Chief Financial Officer, President, Secretary, Treasurer, Director

As a result of the material weaknesses described above, the management has concluded that the Company did not maintain effective internal control over financial reporting as of July 31, 2025 based on the criteria established in Internal Control—Integrated Framework issued by COSO.

~~Set~~Management’s ~~forth~~Remediation ~~below is a brief description of the background and business experience of our executive officer and director for the past five years.~~Initiatives

~~Niu~~In ~~Yen-Yen~~an -effort ~~President,~~to ~~Chief~~remediate ~~Executive~~the ~~Officer,~~identified ~~Chief~~material ~~Financial~~weaknesses ~~Officer~~and other deficiencies and enhance our internal controls, ~~Secretary~~we have initiated, or ~~Treasurer~~plan to initiate, ~~Director~~the following series of measures:

In 2014, Ms. Niu Yen-Yen received Master of Business Administration program from Aalto University Executive Education, Taiwan. From 1997 to 2006, Ms. Niu Yen-Yen served as the Business Development Director at Serax International Limited in Hong Kong, a multilevel marketing business.

1.	We plan to create a position to segregate duties consistent with control objectives and will increase our personnel resources and technical accounting expertise within the accounting function. The accounting personnel is responsible for reviewing the financing activities, facilitating the approval of the financing, recording the information regarding the financing, and submitting SEC filing related documents to our legal counsel in order to comply with the filing requirements of SEC.

2.	We intend to add staff members to our management team to make sure that information required to be disclosed in our reports filed and submitted under the Exchange Act is recorded, processed, summarized and reported as and when required and will the staff members will have segregated responsibilities with regard to these responsibilities.

~~Ms.~~We ~~Niu~~anticipate ~~serves~~that asthese ~~Chief~~initiatives ~~Executive~~will ~~Officer~~be ~~of Yu Qing International Co., Ltd. in Taiwan since 2006 and continues to hold this position~~ at ~~present.~~ Inleast ~~2006~~partially, ~~when~~if ~~she~~not ~~first started this company~~fully, ~~she~~implemented ~~became~~by an agent to perfume brands such as, Calvin Klein, Clive Christian, Dior, Versace, Chanel, Hermes, Kenzo, Bvlgari, Jimmy Choo etc. In 2010, Ms. Niu has held over 500 sales events all over famous shopping malls and hotels. In 2012, she developed a retail brand called “Idol Beauty”. It provides various beauty care, organic skin care and cosmetic products. In 2013, she set up “Day More” as the ~~first~~end ~~stone~~of ~~spa~~fiscal ~~brand in Taiwan. In the same~~ year, ~~she worked with Horien Biochemical Technology Co~~2025.~~, Ltd. to develop and apply patent beauty care products such as Antirincle and Biofresh.~~

InChanges 2016, Ms. Niu opened a new business called Mu Chuan International Company Limited, a multilevel marketing business. In 2017, Ms. Niu established a cross-border e-commerce business, https://www.magicgo99.com, in ~~order~~internal tocontrols ~~reach~~over ~~consumers~~financial ~~globally.~~reporting

OnThere ~~November~~was 1no change in our internal controls over financial reporting that occurred during the year covered by this Report, ~~2022~~which has materially affected, ~~Ms.~~ ~~Niu~~or ~~Yen~~is ~~Yen~~reasonably ~~appointed~~likely asto ~~Chief~~materially ~~Financial~~affect, ~~Officer~~our ofinternal ~~the~~controls ~~Company.~~over financial reporting:

~~Ms.~~This ~~Niu~~annual ~~Yen-Yen~~report does not include an attestation report of the Company’s ~~experience~~registered inindependent ~~corporate~~public ~~management~~accounting ~~and~~firm ~~business~~regarding ~~development~~internal control ~~has~~over ~~led~~financial ~~the~~reporting. ~~Board~~Management’s ofreport ~~Directors~~was not subject to ~~reach~~attestation by the ~~conclusion~~Company’s registered independent ~~that~~public ~~she~~accounting ~~should~~firm ~~serve~~pursuant asto ~~President,~~rules ~~Chief~~of ~~Executive~~the ~~Officer,~~Securities ~~Chief~~and ~~Financial~~Exchange ~~Officer~~Commission ~~and Director~~that ofpermit the Company to provide only management’s report in this Annual Report on Form 10-K.

~~Hsieh~~ITEM ~~Chang-Chung~~9B. -OTHER ~~Chief Financial Officer~~INFORMATION

~~In 1985, Mr~~None. Hsieh Chang-Chung received Master of Business Administration from Chung Yuan Christian University, Taiwan. From 1989 to 1992, Mr. Hsieh worked as the Special Assistant to the Chairman of Fu-I Industrial Group, a listed company in Taipei Stock Exchange. He served as the Co-Founder and Executive Vice President of Quanton Optronics Inc. from November 1992 to December 1993. Mr. Hsieh had also served as the Controller of UTC Co., Ltd from 1994 to 1995. From 1995 to 1998, Mr. Hsieh served as the Chief Staff of the CEO Office in EMI. Ltd., which is a listed company in Taipei Stock Exchange. He also served as the Vice President of Far Eastern VC Investment Co., Ltd from 1997 to 2006.

From 1999 to 2008, Mr. Hsieh served as the Chief Financial Officer and Senior Vice President of Eastern Multimedia Co., Ltd. (which was renamed to Kbro Co., Ltd. in 2006) in Taiwan. He then served as the Vice President and Chief Investment Officer of Head Office in Eastern Media International Group (EMI) from 2008 to 2016. From 2016 to 2019, Mr. Hsieh has served as the Senior Consultant of Eastern Media International Group (EMI) in Taiwan.17

~~Mr.~~PART ~~Hsieh Chang-Chung’s corporate and financial experience has led the Board of Directors to reach the conclusion that he should serve as the Chief Financial Officer of the Company.~~III

OnITEM ~~November~~10. 1DIRECTORS, ~~2022,~~EXECUTIVE ~~Mr.~~OFFICERS ~~Hsieh~~AND ~~Chang-Chung~~CORPORATE ~~resigned as Chief Financial Officer of the Company.~~GOVERNANCE

18Our executive officer’s and director’s and their respective ages as of the date hereof are as follows:

Corporate Governance

NAME		AGE		POSITION
Niu Yen-Yen		52		Chief Executive Officer, Chief Financial Officer, President, Secretary, Treasurer, Director

~~The~~Set ~~Company~~forth ~~promotes~~below ~~accountability~~is ~~for~~a ~~adherence~~brief todescription ~~honest~~of ~~and ethical conduct; endeavors to provide full, fair, accurate, timely and understandable disclosure in reports and documents that~~ the ~~Company~~background ~~files with the Securities~~ and ~~Exchange~~business ~~Commission~~experience (the “SEC”) and in other public communications made by the Company; and strives to be compliant with applicable governmental laws, rules and regulations. The Company has not formally adopted a written code of ~~business~~our ~~conduct~~executive ~~and~~officer ~~ethics that governs the Company’s employees, officers~~ and ~~Directors~~director asfor the ~~Company~~past ~~is not required to do so~~five years.

InNiu ~~lieu~~Yen-Yen of- ~~an Audit Committee~~President, the Company’s Board of Directors is responsible for reviewing and making recommendations concerning the selection of external auditors, reviewing the scope, results and effectiveness of the annual audit of the Company’s financial statements and other services provided by the Company’s independent public accountants. The Board of Directors, Chief Executive Officer, ~~and~~ Chief Financial Officer, ofSecretary, ~~the Company review the Company’s internal accounting controls~~Treasurer, ~~practices and policies.~~Director

~~Committees~~In 2014, Ms. Niu Yen-Yen received Master of Business Administration program from Aalto University Executive Education, Taiwan. From 1997 to 2006, Ms. Niu Yen-Yen served as the ~~Board~~Business Development Director at Serax International Limited in Hong Kong, a multilevel marketing business.

~~Our~~Ms. ~~Company~~Niu ~~currently~~serves ~~does~~as ~~not~~Chief ~~have~~Executive ~~nominating~~Officer of Yu Qing International Co., ~~compensation~~Ltd. in Taiwan since 2006 and continues to hold this position at present. In 2006, orwhen ~~audit~~she ~~committees~~first orstarted ~~committees~~this ~~performing~~company, ~~similar~~she ~~functions~~became ~~nor~~an ~~does~~agent ~~our~~to perfume brands such as, Calvin Klein, Clive Christian, ~~Company~~Dior, ~~have~~Versace, aChanel, ~~written~~Hermes, ~~nominating~~Kenzo, ~~compensation~~Bvlgari, orJimmy ~~audit~~Choo ~~committee~~etc. ~~charter~~In 2010, Ms. ~~Our~~Niu ~~Director(s)~~has ~~believes~~held ~~that~~over it500 issales ~~not~~events ~~necessary~~all toover ~~have~~famous shopping ~~such~~malls ~~committees~~and hotels. In 2012, atshe ~~this~~developed ~~time~~a retail brand called “Idol Beauty”. It provides various beauty care, ~~because~~organic skin care and cosmetic products. In 2013, she set up “Day More” as the ~~Director(s)~~first ~~can~~stone ~~adequately~~spa ~~perform~~brand in Taiwan. In the ~~functions~~same ofyear, she worked with Horien Biochemical Technology Co., Ltd. to develop and apply patent beauty care products such ~~committees~~as Antirincle and Biofresh.

~~Audit~~In ~~Committee~~2016, ~~Financial~~Ms. ~~Expert~~Niu opened a new business called Mu Chuan International Company Limited, a multilevel marketing business. In 2017, Ms. Niu established a cross-border e-commerce business, https://www.magicgo99.com, in order to reach consumers globally.

~~Our~~On ~~Board~~November of1, ~~Directors has determined that we do not have a board member that qualifies as an “audit committee financial expert” as defined in Item 407(D)(5) of Regulation S-K~~2022, ~~nor~~Ms. doNiu weYen ~~have~~Yen aappointed ~~Board member that qualifies~~ as ~~“independent”~~Chief asFinancial ~~the~~Officer ~~term is used in Item 7(d)(3)(iv)(B)~~ of ~~Schedule 14A under~~ the ~~Securities Exchange Act of 1934, as amended, and as defined by Rule 4200(a)(14) of the FINRA Rules~~Company.

WeMs. ~~believe~~Niu ~~that our Director(~~Yen-Yen’s) ~~are~~experience ~~capable~~in ofcorporate ~~analyzing~~management and ~~evaluating~~business ~~our~~development ~~financial~~has ~~statements~~led and understanding internal controls and procedures for financial reporting. The Director(s) of our Company does not believe that it is necessary to have an audit committee because management believes that the Board of Directors ~~can~~to ~~adequately~~reach ~~perform~~ the ~~functions of an audit committee. In addition, we believe that~~conclusion ~~retaining~~that anshe ~~independent~~should ~~Director~~serve ~~who would qualify~~ as anPresident, ~~“audit~~Chief ~~committee~~Executive ~~financial~~Officer, ~~expert”~~Chief ~~would~~Financial beOfficer ~~overly costly~~ and ~~burdensome~~ ~~and~~Director ~~is not warranted in our circumstances given the stage~~ of ~~our development and~~ the ~~fact that we have not generated any positive cash flows from operations to date~~Company.

~~Involvement~~Hsieh inChang-Chung ~~Certain~~- ~~Legal~~Chief ~~Proceedings~~Financial Officer

~~Our~~In ~~Directors~~1985, ~~and~~Mr. ~~our~~Hsieh ~~Executive~~Chang-Chung ~~officers~~received ~~have~~Master ~~not~~of ~~been~~Business ~~involved~~Administration from Chung Yuan Christian University, Taiwan. From 1989 to 1992, Mr. Hsieh worked as the Special Assistant to the Chairman of Fu-I Industrial Group, a listed company in ~~any~~Taipei Stock Exchange. He served as the Co-Founder and Executive Vice President of Quanton Optronics Inc. from November 1992 to December 1993. Mr. Hsieh had also served as the ~~following~~Controller ~~events~~of ~~during~~UTC Co., Ltd from 1994 to 1995. From 1995 to 1998, Mr. Hsieh served as the ~~past~~Chief ~~ten~~Staff ~~years:~~of the CEO Office in EMI. Ltd., which is a listed company in Taipei Stock Exchange. He also served as the Vice President of Far Eastern VC Investment Co., Ltd from 1997 to 2006.

1From 1999 to 2008, Mr. ~~bankruptcy~~Hsieh ~~petition~~served ~~filed~~as bythe orChief ~~against~~Financial ~~any~~Officer ~~business~~and Senior Vice President of ~~which~~Eastern ~~such~~Multimedia ~~person~~Co., Ltd. (which was arenamed to ~~general~~Kbro ~~partner~~Co., orLtd. ~~executive~~in ~~officer~~2006) ~~either~~in atTaiwan. He then served as the ~~time~~Vice President and Chief Investment Officer of ~~the~~Head ~~bankruptcy~~Office orin ~~within~~Eastern ~~two~~Media International ~~years~~Group ~~prior~~(EMI) from 2008 to ~~that~~2016. ~~time;~~From 2016 to 2019, Mr. Hsieh has served as the Senior Consultant of Eastern Media International Group (EMI) in Taiwan.

19Mr. Hsieh Chang-Chung’s corporate and financial experience has led the Board of Directors to reach the conclusion that he should serve as the Chief Financial Officer of the Company.

2.On November ~~any conviction in a criminal proceeding or being subject to a pending criminal proceeding (excluding traffic violations and other minor offenses); 3. being subject to any order~~1, ~~judgment~~2022, or decree, not subsequently reversed, suspended or vacated, of any court of competent jurisdiction, permanently or temporarily enjoining, barring, suspending or otherwise limiting his/her involvement in any type of business, securities or banking activities; or 4Mr. ~~being~~Hsieh found by a court of competent jurisdiction (in a civil action), the Commission or the Commodity Futures Trading Commission to have violated a federal or state securities or commodities law, and the judgment has not been reversed, suspended, or vacated. 5. Such person was found by a court of competent jurisdiction in a civil action or by the Commission to have violated any Federal or State securities law, and the judgment in such civil action or finding by the Commission has not been subsequently reversed, suspended, or vacated; 6. Such person was found by a court of competent jurisdiction in a civil action or by the Commodity Futures Trading Commission to have violated any Federal commodities law, and the judgment in such civil action or finding by the Commodity Futures Trading Commission has not been subsequently reversed, suspended or vacated; 7. Such person was the subject of, or a party to, any Federal or State judicial or administrative order, judgment, decree, or finding, not subsequently reversed, suspended or vacated, relating to an alleged violation of:(i) Any Federal or State securities or commodities law or regulation; or(ii) Any law or regulation respecting financial institutions or insurance companies including, but not limited to, a temporary or permanent injunction, order of disgorgement or restitution, civil money penalty or temporary or permanent ceaseChang-~~and-desist~~Chung order, or removal or prohibition order; or(iii) Any law or regulation prohibiting mail or wire fraud or fraud in connection with any business entity; or 8. Such person was the subject of, or a party to, any sanction or order, not subsequently reversed, suspended or vacated, of any self-regulatory organization (resigned as ~~defined~~Chief inFinancial ~~Section~~Officer ~~3(a)(26)~~ of the ~~Exchange Act (15 U~~Company.S.C. 78c(a)(26))), any registered entity (as defined in Section 1(a)(29) of the Commodity Exchange Act (7 U.S.C. 1(a)(29))), or any equivalent exchange, association, entity or organization that has disciplinary authority over its members or persons associated with a member.

~~Independence of Directors~~18

WeCorporate ~~are not required to have independent members of our Board of Directors, and do not anticipate having independent Directors until such time as we are required to do so.~~Governance

~~Code~~The Company promotes accountability for adherence to honest and ethical conduct; endeavors to provide full, fair, accurate, timely and understandable disclosure in reports and documents that the Company files with the Securities and Exchange Commission (the “SEC”) and in other public communications made by the Company; and strives to be compliant with applicable governmental laws, rules and regulations. The Company has not formally adopted a written code of ~~Ethics~~business conduct and ethics that governs the Company’s employees, officers and Directors as the Company is not required to do so.

WeIn ~~have~~lieu ~~not~~of ~~adopted~~an aAudit ~~formal~~Committee, ~~Code~~the ofCompany’s ~~Ethics. The~~ Board of Directors ~~has~~is ~~evaluated~~responsible ~~the~~for ~~business~~reviewing ofand ~~the~~making ~~Company~~recommendations ~~and~~ concerning the ~~number~~selection of ~~employees and~~external ~~determined~~auditors, ~~that~~reviewing ~~since~~ the ~~business~~scope, isresults ~~operated~~and byeffectiveness ~~a small number~~ of ~~persons,~~the ~~general~~annual ~~rules~~audit of ~~fiduciary~~the ~~duty~~Company’s ~~and~~financial statements ~~federal~~ and ~~state criminal,~~other ~~business~~services ~~conduct~~provided ~~and~~by ~~securities~~the ~~laws~~Company’s ~~are~~independent ~~adequate~~public ~~ethical guidelines~~accountants. InThe ~~the~~Board ~~event~~of ~~our operations~~Directors, ~~employees~~Chief Executive Officer and~~/or~~ ~~Directors expand~~Chief inFinancial ~~the~~Officer ~~future,~~of wethe ~~may~~Company ~~take~~review ~~actions~~the toCompany’s ~~adopt~~internal aaccounting ~~formal~~controls, ~~Code~~practices ofand ~~Ethics~~policies.

~~Shareholder~~Committees ~~Proposals~~of the Board

Our Company currently does not have ~~any~~nominating, ~~defined~~compensation, ~~policy~~ or ~~procedural~~audit ~~requirements~~committees ~~for shareholders to submit recommendations~~ or ~~nominations~~committees ~~for~~performing ~~Directors. The~~similar ~~Board~~functions ofnor ~~Directors~~does ~~believes that, given the stage of~~ our Company ~~development,~~have a ~~specific~~written nominating, ~~policy~~compensation ~~would~~or beaudit ~~premature~~committee ~~and of little assistance until our business operations develop to a more advanced level~~charter. Our ~~Company~~Director(s) ~~does~~believes ~~not~~that ~~currently~~it ~~have~~is ~~any~~not ~~specific~~necessary ~~or minimum criteria for the election of nominees~~ to ~~the Board of Directors and we do not~~ have ~~any specific process or procedure for evaluating such~~ ~~nominees.~~such ~~The~~committees, ~~Board~~at ofthis ~~Directors will assess all candidates~~time, ~~whether~~because ~~submitted~~the byDirector(s) ~~management~~can oradequately ~~shareholders,~~perform ~~and~~the ~~make~~functions ~~recommendations for~~of ~~election~~such ~~or appointment~~committees.

AAudit ~~shareholder~~Committee ~~who~~Financial ~~wishes to communicate with our Board of Directors may do so by directing a written request addressed to our President, at the address appearing on the first page of this Information Statement.~~Expert

20Our Board of Directors has determined that we do not have a board member that qualifies as an “audit committee financial expert” as defined in Item 407(D)(5) of Regulation S-K, nor do we have a Board member that qualifies as “independent” as the term is used in Item 7(d)(3)(iv)(B) of Schedule 14A under the Securities Exchange Act of 1934, as amended, and as defined by Rule 4200(a)(14) of the FINRA Rules.

~~ITEM~~We 11believe that our Director(s) are capable of analyzing and evaluating our financial statements and understanding internal controls and procedures for financial reporting. ~~EXECUTIVE~~The ~~COMPENSATION~~Director(s) of our Company does not believe that it is necessary to have an audit committee because management believes that the Board of Directors can adequately perform the functions of an audit committee. In addition, we believe that retaining an independent Director who would qualify as an “audit committee financial expert” would be overly costly and burdensome and is not warranted in our circumstances given the stage of our development and the fact that we have not generated any positive cash flows from operations to date.

~~The~~Involvement ~~following table sets forth information concerning the compensation of our Chief Executive Officer, and the executive officers who served at the end of the year July 31, 2024, for services rendered~~ in ~~all~~Certain ~~capacities~~Legal ~~to us.~~Proceedings

~~Summary~~Our ~~Compensation~~Directors ~~Table~~and our Executive officers have not been involved in any of the following events during the past ten years:

Name and Principal Position	Year	Salary ($)		Bonus ($)		Stock Awards ($)		Option Awards ($)		Non-Equity Incentive Plan Compensation ($)		Nonqualified Deferred Compensation Earnings ($)		All Other Compensation ($)		Total ($)
Niu Yen Yen, Chief Executive Officer, Chief Financial Officer,	For the year ended July 31, 2024		-		-		-		-		-		-		-		-
President, Secretary, Treasurer, Director	For the year ended July 31, 2023		-		-		-		-		-		-		-		-
Hsieh Chang- Chung,	For the year ended July 31, 2024		-		-		-		-		-		-		-		-
Chief Financial Officer (1)	For the year ended July 31, 2023		8,100		-		-		-		-		-		-		8,100

1.	bankruptcy petition filed by or against any business of which such person was a general partner or executive officer either at the time of the bankruptcy or within two years prior to that time;

~~(1) On November 1, 2022, Mr. Hsieh Chang-Chung resigned as Chief Financial Officer of the Company.~~19

~~Narrative Disclosure~~2. any conviction in a criminal proceeding or being subject to ~~Summary~~a ~~Compensation~~pending ~~Table~~criminal proceeding (excluding traffic violations and other minor offenses); 3. being subject to any order, judgment, or decree, not subsequently reversed, suspended or vacated, of any court of competent jurisdiction, permanently or temporarily enjoining, barring, suspending or otherwise limiting his/her involvement in any type of business, securities or banking activities; or 4. being found by a court of competent jurisdiction (in a civil action), the Commission or the Commodity Futures Trading Commission to have violated a federal or state securities or commodities law, and the judgment has not been reversed, suspended, or vacated. 5. Such person was found by a court of competent jurisdiction in a civil action or by the Commission to have violated any Federal or State securities law, and the judgment in such civil action or finding by the Commission has not been subsequently reversed, suspended, or vacated; 6. Such person was found by a court of competent jurisdiction in a civil action or by the Commodity Futures Trading Commission to have violated any Federal commodities law, and the judgment in such civil action or finding by the Commodity Futures Trading Commission has not been subsequently reversed, suspended or vacated; 7. Such person was the subject of, or a party to, any Federal or State judicial or administrative order, judgment, decree, or finding, not subsequently reversed, suspended or vacated, relating to an alleged violation of:(i) Any Federal or State securities or commodities law or regulation; or(ii) Any law or regulation respecting financial institutions or insurance companies including, but not limited to, a temporary or permanent injunction, order of disgorgement or restitution, civil money penalty or temporary or permanent cease-and-desist order, or removal or prohibition order; or(iii) Any law or regulation prohibiting mail or wire fraud or fraud in connection with any business entity; or 8. Such person was the subject of, or a party to, any sanction or order, not subsequently reversed, suspended or vacated, of any self-regulatory organization (as defined in Section 3(a)(26) of the Exchange Act (15 U.S.C. 78c(a)(26))), any registered entity (as defined in Section 1(a)(29) of the Commodity Exchange Act (7 U.S.C. 1(a)(29))), or any equivalent exchange, association, entity or organization that has disciplinary authority over its members or persons associated with a member.

~~There~~Independence are no arrangements or plans in which we provide pension, retirement or similar benefits for directors or executive officers. Our directors and executive officers may receive stock options at the discretion of our board of directors in the future. We do not have any material bonus or profit sharing plans pursuant to which cash or non-cash compensation is or may be paid to our directors or executive officers, except that stock options may be granted at the discretion of our board of directors from time to time. We have no plans or arrangements in respect of remuneration received or that may be received by our executive officers to compensate such officers in the event of termination of employment (as a result of resignation, retirement, change of control) or a change of responsibilities following a change of control.Directors

~~Stock~~We ~~Option~~are ~~Grants~~not required to have independent members of our Board of Directors, and do not anticipate having independent Directors until such time as we are required to do so.

WeCode ~~have~~of ~~not granted any stock options to our executive officers since our incorporation.~~Ethics

~~Employment~~We ~~Agreements~~have not adopted a formal Code of Ethics. The Board of Directors has evaluated the business of the Company and the number of employees and determined that since the business is operated by a small number of persons, general rules of fiduciary duty and federal and state criminal, business conduct and securities laws are adequate ethical guidelines. In the event our operations, employees and/or Directors expand in the future, we may take actions to adopt a formal Code of Ethics.

AsShareholder of the date of the filing of this Form 10-K, we have no written employment agreements with our officers and directors. Compensation was determined after discussion about expected time commitments, remuneration paid by comparable organizations and the flexibility provided to the Company by not having extended terms and other terms typical of employment agreements. We have no plans or packages providing for compensation of officers after resignation or retirement.Proposals

21Our Company does not have any defined policy or procedural requirements for shareholders to submit recommendations or nominations for Directors. The Board of Directors believes that, given the stage of our development, a specific nominating policy would be premature and of little assistance until our business operations develop to a more advanced level. Our Company does not currently have any specific or minimum criteria for the election of nominees to the Board of Directors and we do not have any specific process or procedure for evaluating such nominees. The Board of Directors will assess all candidates, whether submitted by management or shareholders, and make recommendations for election or appointment.

~~Compensation~~A ~~Discussion~~shareholder ~~and~~who ~~Analysis~~wishes to communicate with our Board of Directors may do so by directing a written request addressed to our President, at the address appearing on the first page of this Information Statement.

~~Director Compensation~~20

~~Our~~ITEM ~~Board of Directors does not currently receive any consideration for their services as members of the Board of Directors~~11. ~~The~~EXECUTIVE Board of Directors reserves the right in the future to award the members of the Board of Directors cash or stock-based consideration for their services to the Company, which awards, if granted shall be in the sole determination of the Board of Directors.COMPENSATION

The following table sets forth information concerning the compensation of our Chief Executive Officer, and the executive officers who served ~~Compensation~~at ~~Philosophy~~the end of the year July 31, 2025, for services rendered in all capacities to us.

~~Our~~Summary ~~Board~~Compensation of Directors determines the compensation given to our executive officers in their sole determination. Our Board of Directors reserves the right to pay our executives or any future executives a salary, and/or issue them shares of common stock in consideration for services rendered and/or to award incentive bonuses which are linked to our performance, as well as to the individual executive officer’s performance. This package may also include long-term stock-based compensation to certain executives, which is intended to align the performance of our executives with our long-term business strategies. Additionally, while our Board of Directors has not granted any performance base stock options to date, the Board of Directors reserves the right to grant such options in the future, if the Board in its sole determination believes such grants would be in the best interests of the Company.Table:

Incentive Bonus

Name and Principal Position

Year

Salary

($)

Bonus

($)

Stock Awards

($)

Option Awards

($)

Non-Equity Incentive Plan Compensation

($)

Nonqualified Deferred Compensation Earnings

($)

All Other Compensation

($)

Total

($)

Niu Yen Yen, Chief Executive Officer, Chief Financial Officer,

For the year ended July 31, 2025

President, Secretary, Treasurer, Director

For the year ended July 31, 2024

~~The~~Narrative ~~Board~~Disclosure ~~of Directors may grant incentive bonuses~~ to ~~our~~Summary ~~executive~~Compensation officer and/or future executive officers in its sole discretion, if the Board of Directors believes such bonuses are in the Company’s best interest, after analyzing our current business objectives and growth, if any, and the amount of revenue we are able to generate each month, which revenue is a direct result of the actions and ability of such executives.Table

~~Long~~There are no arrangements or plans in which we provide pension, retirement or similar benefits for directors or executive officers. Our directors and executive officers may receive stock options at the discretion of our board of directors in the future. We do not have any material bonus or profit sharing plans pursuant to which cash or non-~~term~~cash compensation is or may be paid to our directors or executive officers, ~~Stock~~except ~~Based~~that ~~Compensation~~stock options may be granted at the discretion of our board of directors from time to time. We have no plans or arrangements in respect of remuneration received or that may be received by our executive officers to compensate such officers in the event of termination of employment (as a result of resignation, retirement, change of control) or a change of responsibilities following a change of control.

InStock ~~order~~Option to attract, retain and motivate executive talent necessary to support the Company’s long-term business strategy we may award our executive and any future executives with long-term, stock-based compensation in the future, at the sole discretion of our Board of Directors, which we do not currently have any immediate plans to award.Grants

22We have not granted any stock options to our executive officers since our incorporation.

~~ITEM~~Employment ~~12. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED STOCKHOLDER MATTERS~~Agreements

As of ~~July~~the ~~31,~~date ~~2024,~~of the ~~Company~~filing ~~has~~of 59this Form 10-K,~~434,838~~ ~~shares~~we ofhave ~~common~~no ~~stock~~written ~~issued~~employment agreements with our officers and ~~outstanding~~directors. Compensation was determined after discussion about expected time commitments, ~~which~~remuneration ~~number~~paid ofby ~~issued~~comparable organizations and ~~outstanding~~the ~~shares~~flexibility provided to the Company by not having extended terms and other terms typical of ~~common~~employment ~~stock~~agreements. We have ~~been~~no ~~used~~plans ~~throughout~~or ~~this~~packages ~~report~~providing for compensation of officers after resignation or retirement.

The following table sets forth, as of July 31, 2024 certain information with regard to the record and beneficial ownership of the Company’s common stock by (i) each person known to the Company to be the record or beneficial owner of more than 5% of the Company’s common stock, (ii) each director of the Company, (iii) each of the named executive officers, and (iv) all executive officers and directors of the Company as a group:21

Name and Address of Beneficial Owner	Shares of Common Stock Beneficially Owned		Common Stock Voting Percentage Beneficially Owned			Total Voting Percentage Beneficially Owned
Executive Officers and Directors
Niu Yen-Yen, Chief Executive Officer and Chief Financial Officer, (“Principal Executive Officer”, Principal Financial Officer” and “Principal Accounting Officer”), President, Secretary, Treasurer and Director		11,514,970		19.37	%		19.37	%
Server Int’l Co., Ltd1		10,600,000		17.84	%		17.84	%
All of executive officers and director as a group		22,114,970		37.21	%		37.21	%
5% or greater shareholders (excluding officers/directors)
Chen Shu-Jen		5,078,688		8.55	%		8.55	%

Compensation Discussion and Analysis

~~1Server~~Director ~~Int’l Co., Ltd is owned and controlled entirely by our Chief Executive Officer cum Chief Financial Officer, Ms. Niu Yen-Yen.~~Compensation

~~Beneficial~~Our ~~ownership~~Board ~~has~~of ~~been~~Directors ~~determined~~does innot ~~accordance~~currently ~~with~~receive ~~Rule~~any ~~13d-3~~consideration ~~under the Exchange Act. Under this rule, certain shares may be deemed to be beneficially owned by more than one person (if,~~ for ~~example,~~their ~~persons~~services ~~share~~as ~~the~~members ~~power~~of ~~to vote or~~ the ~~power~~Board ~~to dispose~~ of ~~the shares)~~Directors. In ~~addition,~~The ~~shares~~Board ~~are~~of Directors ~~deemed~~reserves ~~to be beneficially owned by a person if~~ the ~~person~~right ~~has~~in the ~~right~~future to ~~acquire~~award ~~shares (for example, upon exercise of an option or warrant) within 60 days of~~ the ~~date~~members as of ~~which~~ the ~~information~~Board ~~is provided. In computing the percentage ownership~~ of ~~any~~Directors ~~person,~~cash ~~the~~or ~~amount~~stock-based ofconsideration ~~shares~~for istheir services ~~deemed~~ to ~~include~~ the ~~amount~~Company, ofwhich ~~shares beneficially owned by such person by reason of such acquisition rights. As a result~~awards, ~~the~~if ~~percentage~~granted ofshall ~~outstanding~~be ~~shares of any person as shown~~ in the ~~following~~ ~~table~~sole ~~does~~determination ~~not~~of ~~necessarily reflect~~ the ~~person’s~~Board ~~actual~~of ~~voting power at any particular date~~Directors.

(1)

Beneficial ownership is determined in accordance with the rules of the Securities and Exchange Commission and generally includes voting or investment power with respect to securities. Beneficial ownership also includes shares of stock subject to options and warrants currently exercisable or exercisable within 60 days of the date of this table. In determining the percent of common stock owned by a person or entity as of the date of this Report, (a) the numerator is the number of shares of the class beneficially owned by such person or entity, including shares which may be acquired within 60 days on exercise of warrants or options and conversion of convertible securities, and (b) the denominator is the sum of (i) the total shares of common stock outstanding on as of the date of this Annual Report (59,434,838 shares), and (ii) the total number of shares that the beneficial owner may acquire upon exercise of the derivative securities. Unless otherwise stated, each beneficial owner has sole power to vote and dispose of its shares.

(2)

Based on the total issued and outstanding shares of 59,434,838 as of the date of this Annual Report.

Executive Compensation Philosophy

23Our Board of Directors determines the compensation given to our executive officers in their sole determination. Our Board of Directors reserves the right to pay our executives or any future executives a salary, and/or issue them shares of common stock in consideration for services rendered and/or to award incentive bonuses which are linked to our performance, as well as to the individual executive officer’s performance. This package may also include long-term stock-based compensation to certain executives, which is intended to align the performance of our executives with our long-term business strategies. Additionally, while our Board of Directors has not granted any performance base stock options to date, the Board of Directors reserves the right to grant such options in the future, if the Board in its sole determination believes such grants would be in the best interests of the Company.

~~ITEM~~Incentive ~~13. CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS, DIRECTOR INDEPENDENCE~~Bonus

OnThe ~~June~~Board 4,of ~~2018,~~Directors ~~Ms.~~may ~~Niu~~grant ~~Yen-Yen~~incentive ~~was~~bonuses ~~appointed~~to ~~Chief~~our ~~Executive~~executive ~~Officer~~officer and/or future executive officers in its sole discretion, ~~President~~if the Board of Directors believes such bonuses are in the Company’s best interest, ~~Secretary~~after analyzing our current business objectives and growth, ~~Treasurer~~if any, and ~~sole~~the ~~member~~amount of ~~our~~revenue ~~Board~~we are able to generate each month, which revenue is a direct result of the actions and ability ~~Directors~~of such executives.

~~On June 4, 2018, our Chief Executive Officer, Ms. Niu Yen~~Long-~~Yen subscribed 100~~term,~~000 shares of restricted common stock of the Company at par~~ ~~value~~Stock ofBased ~~$0.0001 per share. The monies from this transaction, which totaled $10, went to the Company to be used as initial working capital.~~Compensation

OnIn ~~June~~order 5,to ~~2018~~attract, ~~Mr.~~retain ~~Hsieh~~and ~~Chang~~motivate executive talent necessary to support the Company’s long-~~Chung~~term ~~was~~business ~~appointed~~strategy ~~Chief~~we ~~Financial~~may ~~Officer~~award our executive and any future executives with long-term, stock-based compensation in the future, at the sole discretion of our Board of Directors, which we do not currently have any immediate plans to award.

On June 29, 2018, we, “the Company” acquired MU Worldwide Group Limited (herein referred as the “Seychelles Company”), a company incorporated in the Republic of Seychelles. MU Worldwide Group Limited, the Seychelles Company, operates through its subsidiary MU Global Holding Limited (herein referred as the “Hong Kong Company”), a company incorporated in Hong Kong.22

MUITEM ~~Global~~12. ~~Holding~~SECURITY ~~Limited,~~OWNERSHIP ~~the~~OF ~~Hong~~CERTAIN ~~Kong~~BENEFICIAL ~~Company,~~OWNERS ~~operates~~AND ~~through~~MANAGEMENT ~~its~~AND ~~wholly~~RELATED ~~owned~~STOCKHOLDER ~~subsidiary, MU Global Health Management (Shanghai) Limited, (herein referred as the “Shanghai Company”), a company incorporated in Shanghai, People Republic China.~~MATTERS

OnAs of July 631, ~~2018~~2025, ~~Ms.~~the ~~Niu~~Company ~~Yen-Yen~~has ~~and Server Int’l Co.~~59, ~~Ltd. subscribed 25~~434,~~000,000~~838 ~~and 11,000,000 restricted~~ shares of common stock~~, respectively,~~ ofissued ~~the~~and ~~Company~~outstanding, atwhich ~~par~~number ~~value~~ of ~~$0.0001~~issued ~~per~~and ~~share.~~outstanding ~~The~~shares of ~~monies~~common ~~from~~stock ~~these~~have ~~transactions,~~been ~~which totaled $3,600, went to the Company to be~~ used asthroughout ~~initial~~this ~~working capital~~report. ~~Server Int’l Co., Ltd. is controlled entirely by Ms. Niu Yen-Yen.~~

OnThe ~~July~~following 7table sets forth, ~~2018~~as of July 31, ~~Chang~~2025 ~~Chun-Ying~~certain ~~and~~information ~~Chang~~with ~~Su-Fen~~regard ~~subscribed~~to ~~4,300,000~~the record and ~~5,000,000~~beneficial ~~restricted~~ownership ~~shares~~ of the Company’s common stock, ~~respectively,~~by of (i) each person known to the Company, atto ~~par~~be ~~value~~the ofrecord ~~$0.0001~~or ~~per~~beneficial ~~share.~~owner ~~The~~of ~~monies~~more ~~from~~than ~~these~~5% ~~transactions,~~of ~~which~~the ~~totaled~~Company’s ~~$930~~common stock, ~~went~~(ii) toeach director of the Company, to(iii) beeach ~~used~~of the named executive officers, and (iv) all executive officers and directors of asthe ~~initial~~Company ~~working~~as ~~capital.~~a group:

On July 9, 2018, GreenPro Asia Strategic SPC and GreenPro Venture Capital Limited, subscribed 2,835,000 and 2,165,000 restricted shares of common stock of the Company, respectively, at par value of $0.0001 per share. The monies from these transactions, which totaled $500, went to the Company to be used as initial working capital.

Name and Address of Beneficial Owner	Shares of Common Stock Beneficially Owned		Common Stock Voting Percentage Beneficially Owned			Total Voting Percentage Beneficially Owned
Executive Officers and Directors
Niu Yen-Yen, Chief Executive Officer and Chief Financial Officer, (“Principal Executive Officer”, Principal Financial Officer” and “Principal Accounting Officer”), President, Secretary, Treasurer and Director		11,514,970		19.37	%		19.37	%
Server Int’l Co., Ltd¹		10,600,000		17.84	%		17.84	%
All of executive officers and director as a group		22,114,970		37.21	%		37.21	%

5% or greater shareholders (excluding officers/directors)
Chen Shu-Jen		5,078,688		8.55	%		8.55	%

~~Greenpro~~1Server ~~Asia~~Int’l ~~Strategic~~Co., ~~SPC~~Ltd is ~~controlled~~owned and ~~managed~~controlled entirely by GCour ~~Investment~~Chief ~~Management~~Executive ~~Limited~~Officer cum Chief Financial Officer, Ms. Niu Yen-Yen.

~~Greenpro~~Beneficial ~~Venture~~ownership ~~Capital~~has ~~Limited~~been isdetermined in accordance with Rule 13d-3 under the Exchange Act. Under this rule, certain shares may be deemed to be beneficially owned by ~~Greenpro~~more ~~Capital~~than ~~Corp~~one person (if, for example, persons share the power to vote or the power to dispose of the shares). In ~~The~~addition, ~~controlling~~shares ~~shareholders~~are deemed to be beneficially owned by a person if the person has the right to acquire shares (for example, upon exercise of ~~Greenpro~~an ~~Capital~~option ~~Corp~~or warrant) within 60 days of the date as of which the information is provided. In ~~are~~computing ~~Lee~~the ~~Chong~~percentage ~~Kuang~~ownership of any person, the amount of shares is deemed to include the amount of shares beneficially owned ~~and~~by ~~Loke~~such ~~Che~~person ~~Chan~~by reason of such acquisition rights. As a result, the percentage of outstanding shares of any person as shown in the following table does not necessarily reflect the person’s actual voting power at any particular date.

On July 10, 2018, Server Int’l Co., Ltd., which is owned and controlled by our CEO, Ms. Niu Yen-Yen, sold 200,000 shares of restricted common stock at par value of $0.0001 per share to our Chief Financial Officer, Hsieh Chang-Chung.

(1)	Beneficial ownership is determined in accordance with the rules of the Securities and Exchange Commission and generally includes voting or investment power with respect to securities. Beneficial ownership also includes shares of stock subject to options and warrants currently exercisable or exercisable within 60 days of the date of this table. In determining the percent of common stock owned by a person or entity as of the date of this Report, (a) the numerator is the number of shares of the class beneficially owned by such person or entity, including shares which may be acquired within 60 days on exercise of warrants or options and conversion of convertible securities, and (b) the denominator is the sum of (i) the total shares of common stock outstanding on as of the date of this Annual Report (59,434,838 shares), and (ii) the total number of shares that the beneficial owner may acquire upon exercise of the derivative securities. Unless otherwise stated, each beneficial owner has sole power to vote and dispose of its shares.

(2)	Based on the total issued and outstanding shares of 59,434,838 as of the date of this Annual Report.

~~From August 1, 2018 to December 13, 2018, Ms. Niu Yen-Yen, the sole director and CEO of the Company has transferred 1,557,800 shares of common stock to 16 non-US residents.~~23

~~From~~ITEM ~~August 1, 2020 to July 31, 2021, Ms~~13. ~~Niu~~CERTAIN ~~Yen-Yen~~RELATIONSHIPS ~~had~~AND ~~395,000~~RELATED ~~common stocks transferred in and had sold 3~~TRANSACTIONS,~~364,921~~ ~~shares~~DIRECTOR ~~of common stock.~~INDEPENDENCE

~~From~~On ~~August~~June 14, ~~2021 to July 31~~2018, ~~2022,~~ Ms. Niu Yen-Yen ~~had~~was ~~55,522~~appointed ~~shares~~Chief ofExecutive ~~common~~Officer, ~~stocks~~President, ~~transferred~~Secretary, inTreasurer and ~~had~~sole ~~sold~~member ~~6,800,000~~of ~~shares~~our ofBoard ~~common~~of ~~stock~~Directors.

On ~~November~~June 14, ~~2022~~2018, Mrour Chief Executive Officer, Ms. ~~Hsieh~~Niu ~~Chang~~Yen-~~Chung~~Yen ~~resigned as~~subscribed ~~Chief~~100,000 ~~Financial~~shares ~~Officer~~of restricted common stock of the Company ~~and~~at ~~with~~par value ~~immediate~~of ~~effect,~~$0.0001 Msper share. ~~Niu~~The ~~Yen-Yen~~monies ~~appointed~~from ~~as Chief~~this ~~Financial~~transaction, ~~Officer~~which oftotaled $10, went to the Company to be used as initial working capital.

~~During~~On ~~the~~June ~~year ended July 31~~5, ~~2024 and July 31~~2018, ~~2023,~~Mr. ~~the~~Hsieh ~~Company~~Chang-Chung ~~incurred~~was ~~$14,700~~appointed ~~and~~Chief ~~$16,080~~Financial ~~to Asia UBS Global Limited for professional services~~Officer.

24On June 29, 2018, we, “the Company” acquired MU Worldwide Group Limited (herein referred as the “Seychelles Company”), a company incorporated in the Republic of Seychelles. MU Worldwide Group Limited, the Seychelles Company, operates through its subsidiary MU Global Holding Limited (herein referred as the “Hong Kong Company”), a company incorporated in Hong Kong.

~~Related~~MU ~~Party~~Global ~~Transactions~~Holding Limited, the Hong Kong Company, operates through its wholly owned subsidiary, MU Global Health Management (Shanghai) Limited, (herein referred as the “Shanghai Company”), a company incorporated in Shanghai, People Republic China.

~~Related~~On ~~party~~July ~~transactions~~6, as2018, ofMs. ~~July~~Niu 31Yen-Yen and Server Int’l Co., ~~2024~~Ltd. subscribed 25,000,000 and ~~2023~~11,000,000 ~~are~~restricted asshares of common stock, respectively, of the Company, at par value of $0.0001 per ~~table~~share. ~~below:~~The monies from these transactions, which totaled $3,600, went to the Company to be used as initial working capital. Server Int’l Co., Ltd. is controlled entirely by Ms. Niu Yen-Yen.

	Year ended July 31, 2024		Year ended July 31, 2023
	(Audited)		(Audited)
Professional fee paid:
- Related party A	$	14,700	$	16,080
Consultation fee paid:
- Related party B	$	-	$	8,100
Total	$	14,700	$	24,180

On July 7, 2018, Chang Chun-Ying and Chang Su-Fen subscribed 4,300,000 and 5,000,000 restricted shares of common stock, respectively, of the Company, at par value of $0.0001 per share. The monies from these transactions, which totaled $930, went to the Company to be used as initial working capital.

~~Related~~On ~~party~~July A9, is2018, ~~the~~GreenPro ~~fellow~~Asia ~~subsidiaries~~Strategic ofSPC aand ~~corporate~~GreenPro ~~shareholder~~Venture Capital Limited, subscribed 2,835,000 and 2,165,000 restricted shares of common stock of the Company, respectively, at par value of $0.0001 ~~Related~~per ~~party~~share. BThe ismonies ~~one~~from ofthese ~~the~~transactions, ~~shareholders~~which oftotaled $500, went to the Company to be used as initial working capital.

~~For~~Greenpro ~~the~~Asia ~~year~~Strategic ~~ended~~SPC ~~July 31, 2024, the Company incurred professional fees of $14,700 due to related party A. Related party B~~ is ~~consultant of~~controlled ~~the Company~~ and ~~has~~managed ~~provided~~by ~~consultancy~~GC ~~service~~Investment ~~for~~Management ~~business operation~~Limited.

~~The~~Greenpro ~~related~~Venture ~~party~~Capital ~~transactions~~Limited ~~are~~is ~~generally~~owned ~~transacted~~by inGreenpro anCapital ~~arm-length~~Corp. ~~basis~~The atcontrolling ~~the~~shareholders ~~current~~of ~~market~~Greenpro ~~value~~Capital inCorp. ~~the~~are ~~normal~~Lee ~~course~~Chong ofKuang and ~~business~~Loke Che Chan.

~~Review,~~On ~~Approval~~July 10, 2018, Server Int’l Co., Ltd., which is owned and ~~Ratification~~controlled by our CEO, Ms. Niu Yen-Yen, sold 200,000 shares of ~~Related~~restricted common ~~Party~~stock ~~Transactions~~at par value of $0.0001 per share to our Chief Financial Officer, Hsieh Chang-Chung.

~~Given~~From ~~our~~August ~~small size and limited financial resources~~1, we2018 ~~have~~to ~~not~~December ~~adopted formal policies and procedures for the review~~13, ~~approval or ratification of transactions~~2018, ~~such~~Ms. asNiu ~~those described above~~Yen-Yen, ~~with~~the ~~our~~sole ~~executive~~director ~~officer(s), Director(s)~~ and ~~significant~~CEO ~~stockholders.~~of ~~We intend to establish formal policies and procedures in~~ the ~~future,~~Company ~~once~~has wetransferred ~~have sufficient resources and have appointed additional Directors~~1, ~~so that such transactions will be subject to the review~~557,800 ~~approval~~shares ~~or ratification~~ of ~~our Board of Directors, or an appropriate committee~~common ~~thereof.~~stock ~~On a moving forward basis, our Director(s) will continue~~ to ~~approve~~16 ~~any~~non-US ~~related party transaction~~residents.

~~ITEM~~From 14August 1, 2020 to July 31, 2021, Ms. ~~PRINCIPAL~~Niu ~~ACCOUNTING~~Yen-Yen ~~FEES~~had ~~AND~~395,000 ~~SERVICES~~common stocks transferred in and had sold 3,364,921 shares of common stock.

~~Below~~From isAugust ~~the~~1, ~~aggregate~~2021 ~~amount~~to ofJuly ~~fees~~31, ~~billed~~2022, ~~for~~Ms. ~~professional~~Niu ~~services~~Yen-Yen ~~rendered~~had by55,522 ~~our~~shares ~~principal~~of ~~accountants~~common ~~with~~stocks ~~respect~~transferred toin ~~our~~and ~~last~~had ~~two~~sold ~~fiscal~~6,800,000 shares of common ~~years~~stock.

	Year ended July 31, 2024		Year ended July 31, 2023
Audit fees	$	15,000	$	15,000
Audit related fees		10,500		10,500
Tax fees		-		-
All other fees		-		-
Total	$	25,500	$	25,500

On November 1, 2022, Mr. Hsieh Chang-Chung resigned as Chief Financial Officer of the Company and with immediate effect, Ms. Niu Yen-Yen appointed as Chief Financial Officer of the Company.

The category of “Audit fees” includes fees for our annual audit, quarterly reviews and services rendered in connection with regulatory filings with the SEC, such as the issuance of comfort letters and consents.24

~~The~~Review, ~~category~~Approval ofand ~~“Audit-related~~Ratification ~~fees”~~of ~~includes~~Related ~~employee~~Party ~~benefit plan audits, internal control reviews and accounting consultation.~~Transactions

~~All~~Given ofour ~~the~~small ~~professional~~size ~~services~~and ~~rendered~~limited byfinancial ~~principal~~resources, ~~accountants~~we have not adopted formal policies and procedures for the ~~audit~~review, approval or ratification of transactions, such as those described above, with our ~~annual~~executive ~~financial~~officer(s), ~~statements~~Director(s) ~~that~~and ~~are~~significant ~~normally~~stockholders. ~~provided~~We intend to byestablish ~~the~~formal ~~accountant~~policies and procedures in ~~connection~~the ~~with~~future, ~~statutory~~once we have sufficient resources and ~~regulatory~~have ~~filings~~appointed oradditional ~~engagements~~Directors, ~~for~~so that ~~last~~such ~~two~~transactions ~~fiscal~~will ~~years~~be ~~were~~subject ~~approved~~to bythe review, approval or ratification of our Board of Directors, or an appropriate committee thereof. On a moving forward basis, our Director(s) will continue to approve any related party transaction.

25ITEM 14. PRINCIPAL ACCOUNTING FEES AND SERVICES

~~PART~~Below IVis the aggregate amount of fees billed for professional services rendered by our principal accountants with respect to our last two fiscal years.

ITEM 15. EXHIBITS AND FINANCIAL STATEMENT SCHEDULES

	Year ended July 31, 2025		Year ended July 31, 2024
Audit fees	$	15,000	$	15,000
Audit related fees		10,500		10,500
Tax fees		-		-
All other fees		-		-
Total	$	25,500	$	25,500

~~(a)~~The ~~Financial~~category ~~Statements~~of “Audit fees” includes fees for our annual audit, quarterly reviews and services rendered in connection with regulatory filings with the SEC, such as the issuance of comfort letters and consents.

The ~~following~~category ~~are~~of ~~filed~~“Audit-related asfees” ~~part~~includes ofemployee ~~this~~benefit ~~report:~~plan audits, internal control reviews and accounting consultation.

~~Financial~~All ~~Statements~~of the professional services rendered by principal accountants for the audit of our annual financial statements that are normally provided by the accountant in connection with statutory and regulatory filings or engagements for last two fiscal years were approved by our Board of Directors.

~~The following financial statements of Vanguard Green Investment Limited and Report of Independent Registered Public Accounting Firm are presented in the “F” pages of this Report:~~25

	Page
Index	F-1
Report of Independent Registered Public Accounting Firm	F-2
Financial Statements
Consolidated Balance Sheets	F-3
Consolidated Statements of Operations and Comprehensive Loss	F-4
Consolidated Statements of Changes in Stockholders’ Equity	F-5
Consolidated Statements of Cash Flows	F-6
Notes to Consolidated Financial Statements	F-7 – F-20

PART IV

~~(b)~~ITEM ~~Exhibits~~15. EXHIBITS AND FINANCIAL STATEMENT SCHEDULES

~~The~~(a) ~~following~~Financial ~~exhibits are filed or “furnished” herewith:~~Statements

3.1	Articles of Incorporation**
3.2	Bylaws**
31.1	Rule 13(a)-14(a)/15(d)-14(a) Certification of principal executive officer*
32.1	Section 1350 Certification of principal executive officer*

The following are filed as part of this report:

*Financial ~~Filed herewith.~~Statements

**The Asfollowing ~~filed~~financial instatements ~~the~~of ~~Registrant’s~~Vanguard ~~Registration~~Green ~~Statement~~Investment onLimited ~~Form~~and ~~S-1~~Report ~~Amendment~~of ~~No.3~~Independent ~~(File~~Registered ~~No.~~Public ~~333-228847)~~Accounting onFirm ~~April~~are ~~30,~~presented in ~~2019.~~the “F” pages of this Report:

	Page

Index	F-1

Report of Independent Registered Public Accounting Firm	F-2

Financial Statements

Consolidated Balance Sheets	F-3

Consolidated Statements of Operations and Comprehensive Loss	F-4

Consolidated Statements of Changes in Stockholders’ Equity	F-5

Consolidated Statements of Cash Flows	F-6

Notes to Consolidated Financial Statements	F-7 – F-20

~~SIGNATURES~~(b) Exhibits

~~Pursuant~~The tofollowing ~~the~~exhibits ~~requirements~~are offiled ~~the~~or ~~Securities~~“furnished” ~~Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.~~herewith:

	VANGUARD GREEN INVESTMENT LIMITED.
3.1	Articles of Incorporation**
	(Name of Registrant)
3.2	Bylaws**
Date: November 12, 2024	By:	/s/ NIU YEN YEN
31.1	Rule 13(a)-14(a)/15(d)-14(a) Certification of principal executive officer*
	Title:	Chief Executive Officer, Chief Financial Officer
32.1	Section 1350 Certification of principal executive officer*
		President, Director, Secretary and Treasurer
		(Principal Executive Officer, Principal Financial Officer, Principal Accounting Officer)

27* Filed herewith.

~~INDEX~~** TOAs ~~FINANCIAL~~filed ~~STATEMENTS~~in the Registrant’s Registration Statement on Form S-1 Amendment No.3 (File No. 333-228847) on April 30, 2019.

	Page
Financial Statements
Report of Independent Registered Public Accounting Firm	F-2
Consolidated Balance Sheets	F-3
Consolidated Statements of Operations and Comprehensive Loss	F-4
Consolidated Statements of Changes in Stockholders’ Equity	F-5
Consolidated Statements of Cash Flows	F-6
Notes to Consolidated Financial Statements	F-7 - F-20

~~F-1~~SIGNATURES

~~REPORT~~Pursuant OFto ~~INDEPENDENT~~the ~~REGISTERED~~requirements ~~PUBLIC~~of ~~ACCOUNTING~~the ~~FIRM~~Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

The Board of Directors and Stockholders of

	VANGUARD GREEN INVESTMENT LIMITED.
	(Name of Registrant)

Date: October 24, 2025	By:	*/s/* NIU YEN YEN
	Title:	Chief Executive Officer, Chief Financial Officer
		President, Director, Secretary and Treasurer
		(Principal Executive Officer, Principal Financial Officer, Principal Accounting Officer)

~~Vanguard Green Investment Limited~~27

~~(Formerly~~INDEX TO ~~known~~FINANCIAL ~~as MU Global Holding Limited)~~STATEMENTS

Rm. 5, 7F., No. 296, Sec. 4,

	Page
Financial Statements

Report of Independent Registered Public Accounting Firm	F-2

Consolidated Balance Sheets	F-3

Consolidated Statements of Operations and Comprehensive Loss	F-4

Consolidated Statements of Changes in Stockholders’ Equity	F-5

Consolidated Statements of Cash Flows	F-6

Notes to Consolidated Financial Statements	F-7 - F-20

~~Xinyi Rd., Da’an Dist.,~~F-1

~~Taipei~~REPORT OF ~~City~~INDEPENDENT ~~106427,~~REGISTERED PUBLIC ACCOUNTING FIRM

~~Taiwan~~The Board ~~(R.O.C.)~~of Directors and Stockholders of

~~Opinion~~Vanguard onGreen ~~the~~Investment ~~Financial Statements~~Limited

~~We have audited the accompanying consolidated balance sheets of Vanguard Green Investment Limited and subsidiaries (the ‘Company’) as of July 31~~4F., ~~2024 and 2023, and the related consolidated statements~~ ofNo. ~~operations and comprehensive loss~~33, ~~statements~~Ln. ~~of changes in stockholders’ equity~~258, ~~and statements of cash flows for each of the two years in the year ended of July 31, 2024 and 2023, and the related notes (collectively referred to as the “financial statements”)~~Sec. In ~~our opinion~~2, the financial statements present fairly, in all material respects, the financial position of the Company as of July 31, 2024 and 2023, and the results of its operations and its cash flows for each of the two years in the year ended July 31, 2024 and 2023, in conformity with accounting principles generally accepted in the United States of America.

~~Going~~Jianguo ~~Concern~~N. Rd.,

~~The accompanying financial statements have been prepared assuming that~~Zhongshan ~~the Company will continue as a going concern~~Dist. ~~As discussed in Note 2 to the financial statements~~, ~~for~~Taipei ~~the~~City ~~financial year ended July 31~~104482, 2024, the Company has continuously incurred a net loss of $85,697. As of July 31,2024, the Company suffered an accumulated deficit of $2,484,043, capital deficiency of $647,800 and negative operating cash flows of $97,890. These conditions raise substantial doubt about its ability to continue as a going concern. Management’s plans regarding those matters also are described in Note 2. The financial statements do not include any adjustments that might result from the outcome of this uncertainty.

~~Basis~~Taiwan ~~for Opinion~~(R.O.C.)

~~These financial statements are the responsibility of the Company’s~~Opinion ~~management. Our responsibility is to express an opinion~~ on the ~~Company’s~~Financial financial statements based on our audits. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (“PCAOB”) and are required to be independent with respect to the Company in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.Statements

We have ~~conducted~~audited ~~our~~the ~~audits~~accompanying inconsolidated ~~accordance~~balance ~~with~~sheets ~~the standards~~ of ~~the~~Vanguard ~~PCAOB.~~Green ~~Those~~Investment ~~standards~~Limited ~~require~~and ~~that~~subsidiaries we(the ~~plan~~‘Company’) as of July 31, 2025 and ~~perform~~2024, and the ~~audit~~related toconsolidated ~~obtain~~statements ~~reasonable~~of ~~assurance~~operations ~~about~~and ~~whether~~comprehensive ~~the~~loss, ~~financial~~ statements ~~are~~ ~~free~~ of ~~material~~changes ~~misstatement~~in stockholders’ equity, ~~whether~~and ~~due~~statements toof ~~error~~cash orflows ~~fraud.~~for ~~The~~each ~~Company~~of isthe ~~not~~years ~~required~~in tothe ~~have,~~two-year ~~nor~~period ~~were~~ended weJuly ~~engaged~~31, to2025 ~~perform~~and 2024, and the anrelated ~~audit~~notes of(collectively ~~its~~referred ~~internal~~to ~~control~~as ~~over~~the “financial ~~reporting~~statements”). AsIn ~~part~~our ofopinion, ~~our~~the ~~audits~~financial westatements ~~are~~present fairly, ~~required~~in toall ~~obtain~~material anrespects, ~~understanding~~the financial position of ~~internal control~~the ~~over~~Company ~~financial~~as ~~reporting~~of ~~but~~July ~~not~~31, ~~for~~2025 and 2024, and the ~~purpose~~results of ~~expressing~~its anoperations and ~~opinion~~its oncash ~~the~~flows ~~effectiveness~~for each of the ~~Company’s~~years ~~internal control~~in ~~over~~the ~~financial~~two-year ~~reporting.~~period ~~Accordingly~~ended July 31, we2025 ~~express~~and no2024, ~~such~~in ~~opinion~~conformity with accounting principles generally accepted in the United States of America.

~~Our audits included performing procedures to assess the risks of material~~Substantial ~~misstatement~~Doubt ofAbout the ~~financial~~Entity’s ~~statements,~~Ability ~~whether due~~ to ~~error~~Continue or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. Our audits also included evaluating the accounting principles used and significant estimates made by management, as ~~well as evaluating the overall presentation of the consolidated financial statements. We believe that our audits provide~~ a ~~reasonable~~Going ~~basis for our opinion.~~Concern

~~Critical~~The ~~Audit~~accompanying ~~Matters~~financial statements have been prepared assuming that the Company will continue as a going concern. As discussed in Note 2 to the financial statements, for the financial year ended July 31, 2025, the Company has continuously incurred a net loss of $76,778. As of July 31,2025, the Company’s current liabilities exceeded its current assets by $689,654, suffered an accumulated deficit of $2,560,821, capital deficiency of $724,578 and negative operating cash flows of $74,051. These conditions raise substantial doubt about its ability to continue as a going concern. Management’s plans regarding those matters also are described in Note 2. The financial statements do not include any adjustments that might result from the outcome of this uncertainty.

~~The critical audit matters below are matters arising from the current period~~Basis ~~audit~~for of the financial statements that were communicated or required to be communicated to those charged with governance and that: (1) relate to accounts or disclosures that are material to the financial statements and (2) involved our especially challenging, subjective, or complex judgements. The communication of critical audit matters does not alter in any way our opinion on the financial statements, taken as a whole, and we are not, by communicating the critical audit matters below, providing separate opinions on the critical audit matters or on the accounts or disclosures to which they relate.Opinion

~~Impairment~~These financial statements are the responsibility of ~~property,~~the ~~plant~~Company’s management. Our responsibility is to express an opinion on the Company’s financial statements based on our audits. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (“PCAOB”) and ~~equipment~~are required to be independent with respect to the Company in accordance with the U.S. federal securities laws and ~~intangible~~the ~~assets~~applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.

~~The~~We conducted ~~Company~~our ~~has~~audits ~~fully~~in ~~impaired~~accordance ~~its~~with ~~property,~~the ~~plant~~standards ~~and~~of ~~equipment~~the PCAOB. Those standards require that we plan and ~~intangible assets~~perform ~~since~~the ~~July~~audit ~~31,~~to ~~2022.~~obtain reasonable ~~During~~assurance about whether the financial ~~year~~statements ~~ended~~are ~~July~~free ~~31,~~of ~~2024~~material misstatement, ~~the~~whether ~~additional~~due ~~intangible~~to ~~assets~~error ~~amounting~~or fraud. The Company is not required to ~~USD2~~have,~~466~~ ~~was~~nor were we engaged to perform, an audit of its internal control over financial reporting. As part of our audits ~~fully~~we ~~impaired~~are required to obtain an understanding of internal control over financial reporting but not for the purpose of expressing an opinion on the effectiveness of the Company’s internal control over financial reporting. Accordingly, we express no such opinion.

~~The~~Our audits ~~Company~~included ~~carries~~performing ~~out~~procedures anto ~~impairment~~assess ~~test~~the byrisks ~~comparing~~of material misstatement of the ~~recoverable~~financial statements, whether due to error ~~amount~~or offraud, ~~cash~~and ~~generating~~performing ~~unit~~procedures ~~(“CGU”)~~that ~~based~~respond to those risks. Such procedures included examining, on ~~value~~a test basis, evidence regarding the amounts and disclosures in ~~use~~the ~~method~~financial statements. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the ~~carrying~~overall ~~amounts~~presentation of the consolidated financial statements. We believe that our audits provide a reasonable basis for our opinion.

~~The impairment test was significant to our audit due to complexity of the~~Critical ~~assessment~~Audit process involving significant judgements and estimation uncertainty in making key assumptions about future market and economic conditions growth rates, profit margins, discount rate, etc. for value in use of CGU based on the future discounted cash flows.Matters

~~Our~~The critical ~~procedures~~audit inmatters ~~relation~~below are matters arising from the current period audit of the financial statements that were communicated or required to ~~management’s~~be ~~impairment~~communicated ~~assessments~~to ~~included,~~the ~~amongst~~Board ~~others~~of Directors (Those Charged with Governance) and that: (1) relate to accounts or disclosures that are material to the financial statements and (2) involved our especially challenging, subjective, or complex judgements. The communication of critical audit matters does not alter in any way our opinion on the financial statements, taken as a whole, and we are not, by communicating the critical audit matters below, providing separate opinions on the critical audit matters or on the accounts or disclosures to which they relate.

~~(a) Examining management’~~/s/ ~~cash~~JP ~~flows~~CENTURION ~~forecast~~& ~~that~~PARTNERS ~~support~~PLT ~~the~~JP ~~impairment~~CENTURION ~~assessment;~~& ~~(b)~~PARTNERS ~~Assessing~~PLT ~~the reliability of management’s forecast through the review of past trends of actual financial performance against previous forecast results;~~ (c)ID: ~~Evaluating the reasonableness and consistency of key assumptions and inputs used in cash flow projection to available external industry sources of data; (d~~6723) ~~Performing~~We ~~sensitivity~~have ~~analysis~~served toas ~~stress test~~ the ~~key~~Company’s ~~assumptions~~auditor ~~and~~since ~~inputs~~2021. ~~used~~Kuala inLumpur, ~~the~~Malaysia ~~impairment~~October ~~assessment;~~24, ~~and (e) Assessing the adequacy and reasonableness of the disclosures in the financial statements.~~2025

~~/s/ JP CENTURION & PARTNERS PLT JP CENTURION & PARTNERS PLT (ID: 6723) We have served as the Company’s auditor since 2021. Kuala Lumpur, Malaysia November 12, 2024~~F-2

~~F-2~~VANGUARD GREEN INVESTMENT LIMITED

~~VANGUARD~~CONSOLIDATED ~~GREEN~~BALANCE ~~INVESTMENT LIMITED~~SHEETS

~~CONSOLIDATED~~AS ~~BALANCE~~OF ~~SHEETS~~JULY 31, 2025 and 2024

AS(Currency OFexpressed ~~JULY~~in 31United States Dollars (“US$”), ~~2024~~except ~~and~~for ~~2023~~number of shares)

(~~Currency expressed in United States Dollars (“US$”~~Audited)~~, except for number of shares)~~

(Audited)

	2025			2024
	As of July 31,
	2025			2024
ASSETS
NON-CURRENT ASSETS
Property, plant and equipment	$	-		$	-
Leased asset – Right of use		-			-

		-			-

INTANGIBLE ASSET
Patent and trademark	$	-		$	-

Total non-current assets		-			-

CURRENT ASSETS
Cash and cash equivalents		93			12,052
Prepayments and deposits	$	15,165		$	4,950

Total current assets		15,258			17,002

TOTAL ASSETS	$	15,258		$	17,002

LIABILITIES AND STOCKHOLDERS’ EQUITY
NON-CURRENT LIABILITIES
Leased liabilities	$	-		$	-
Loan from director		-			114,071
Loan from third party		34,924			131,835
Loan		34,924			131,835

Total non-current liabilities	$	34,924		$	245,906
CURRENT LIABILITIES
Other payables and accrued liabilities		57,881			57,764
Amount due to related party		96,513			96,513
Deposit from franchisees		1,785			1,785
Loan from director		445,001			262,834
Loan from third party		103,732			-
Loan		103,732			-
Leased liabilities		-			-

Total current liabilities		704,912			418,896

TOTAL LIABILITIES	$	739,836		$	664,802

STOCKHOLDERS’ DEFICIT
Preferred stock, $0.0001 par value, 200,000,000 shares authorized, None issued and outstanding	$	-		$	-
Common stock, $0.0001 par value, 600,000,000 shares authorized, 59,434,838 shares issued and outstanding as of July 31, 2025 and July 31, 2024 respectively		5,943			5,943
Additional paid-in capital		1,830,300			1,830,300
Foreign currency adjustment		-			-
Accumulated deficit		(2,560,821	)		(2,484,043	)

Total stockholders’ deficit		(724,578	)		(647,800	)

TOTAL LIABILITIES AND STOCKHOLDERS’ DEFICIT	$	15,258		$	17,002

	2024			2023
	As of July 31,
	2024			2023
ASSETS
NON-CURRENT ASSETS
Property, plant and equipment	$	-		$	-
Leased asset – Right of use		-			6,407
Total non-current assets, excluding intangible assets		-			6,407
INTANGIBLE ASSET
Patent and trademark	$	-		$	-
Total non-current assets		-			6,407
CURRENT ASSETS
Cash and cash equivalents		12,052			4,425
Inventories		-			1,333
Prepayments and deposits	$	4,950		$	9,264
Amount due from related party		-			2,112
Total current assets		17,002			17,134
TOTAL ASSETS	$	17,002		$	23,541
LIABILITIES AND STOCKHOLDERS’ EQUITY
NON-CURRENT LIABILITIES
Leased liabilities	$	-		$	976
Loan from director		114,071			110,985
Loan from third party		131,835			95,988
Total non-current liabilities	$	245,906		$	207,949
CURRENT LIABILITIES
Other payables and accrued liabilities		57,764			65,454
Amount due to related party		96,513			93,176
Deposit from franchisees		1,785			27,774
Deposit from customers		-			37,135
Loan from director		262,834			170,805
Leased liabilities		-			5,223
Total current liabilities		418,896			399,567
TOTAL LIABILITIES	$	664,802		$	607,516
STOCKHOLDERS’ DEFICIT
Preferred stock, $0.0001 par value, 200,000,000 shares authorized, None issued and outstanding	$	-		$	-
Common stock, $0.0001 par value, 600,000,000 shares authorized, 59,434,838 shares issued and outstanding as of July 31, 2024 and July 31, 2023 respectively		5,943			5,943
Additional paid-in capital		1,830,300			1,831,111
Foreign currency adjustment		-			36,979
Accumulated deficit		(2,484,043	)		(2,458,008	)
Total stockholders’ deficit		(647,800	)		(583,975	)
TOTAL LIABILITIES AND STOCKHOLDERS’ DEFICIT	$	17,002		$	23,541

See accompanying notes to consolidated financial statements.

~~See accompanying notes to consolidated financial statements.~~F-3

~~F-3~~VANGUARD GREEN INVESTMENT LIMITED

~~VANGUARD~~CONSOLIDATED ~~GREEN~~STATEMENTS ~~INVESTMENT~~OF ~~LIMITED~~OPERATIONS AND COMPREHENSIVE LOSS

~~CONSOLIDATED~~FOR ~~STATEMENTS~~THE OFYEARS ~~OPERATIONS~~ENDED ~~AND~~JULY ~~COMPREHENSIVE~~31, ~~LOSS~~2025 AND 2024

~~FOR~~(Currency ~~THE~~expressed ~~YEARS~~in ~~ENDED~~United ~~JULY~~States 31Dollars (“US$”), ~~2024~~except ~~AND~~for ~~2023~~number of shares)

(~~Currency expressed in United States Dollars (“US$”~~Audited)~~, except for number of shares)~~

(Audited)

	For the year ended July 31, 2025			For the year ended July 31, 2024
REVENUE	$	-		$	-

COST OF REVENUE		-			-

GROSS PROFIT		-			-

OTHER INCOME		5			19,944

SELLING AND MARKETING EXPENSES		-			-

GENERAL AND ADMINISTRATIVE EXPENSES		(65,920	)		(105,641	)

FINANCE COST		(10,863	)		-

LOSS FROM CONTINUING OPERATIONS BEFORE INCOME TAXES	$	(76,778	)	$	(85,697	)

INCOME TAXES PROVISION		-			-

NET LOSS FROM CONTINUING OPERATIONS		(76,778	)		(85,697	)

NET GAIN/(LOSS) FROM DISCONTINUED OPERATIONS
Gain from disposal of subsidiary		-			64,050
Loss from discontinued operations, net of tax		-			(4,388	)

NET LOSS		(76,778	)		(26,035	)

Other comprehensive loss:
- Foreign exchange translation loss		-			(36,979	)

TOTAL COMPREHENSIVE LOSS	$	(76,778	)	$	(63,014	)

Net loss per share - Basic and diluted	$	(0.0013	)	$	(0.0004	)

Weighted average number of common shares outstanding - Basic and diluted		59,434,838			59,434,838

	For the year ended July 31, 2024			For the year ended July 31, 2023 (Restated)
REVENUE	$	-		$	120,938
COST OF REVENUE		-			(108,844	)
GROSS PROFIT		-			12,094
OTHER INCOME		19,944			14,038
SELLING AND MARKETING EXPENSES		-			(200	)
GENERAL AND ADMINISTRATIVE EXPENSES		(105,641	)		(67,819	)
LOSS FROM CONTINUING OPERATIONS BEFORE INCOME TAXES	$	(85,697	)	$	(41,887	)
INCOME TAXES PROVISION		-			-
NET LOSS FROM CONTINUING OPERATIONS		(85,697	)		(41,887	)
NET GAIN/(LOSS) FROM DISCONTINUED OPERATIONS
Gain from disposal of subsidiary		64,050			-
Loss from discontinued operations, net of tax		(4,388	)		(26,940	)
NET LOSS		(26,035	)		(68,827	)
Other comprehensive loss:
- Foreign exchange translation (loss)/gain		(36,979	)		17,405
TOTAL COMPREHENSIVE LOSS	$	(63,014	)	$	(51,422	)
Net loss per share - Basic and diluted	$	(0.01	)	$	(0.01	)
Weighted average number of common shares outstanding - Basic and diluted		59,434,838			59,434,838

See accompanying notes to consolidated financial statements.

~~See accompanying notes to consolidated financial statements.~~F-4

~~F-4~~VANGUARD GREEN INVESTMENT LIMITED

~~VANGUARD~~CONSOLIDATED ~~GREEN~~STATEMENTS ~~INVESTMENT~~OF ~~LIMITED~~CHANGES IN STOCKHOLDERS’ EQUITY

~~CONSOLIDATED~~FOR ~~STATEMENTS~~THE OFYEARS ~~CHANGES~~ENDED INJULY ~~STOCKHOLDERS’~~31, ~~EQUITY~~2025 AND 2024

~~FOR~~(Currency ~~THE~~expressed ~~YEARS~~in ~~ENDED~~United ~~JULY~~States 31Dollars (“US$”), ~~2024~~except ~~AND~~for ~~2023~~number of shares)

(~~Currency expressed in United States Dollars (“US$”~~Audited)~~, except for number of shares)~~

(Audited)

	Number of Shares		Amount		PAID-IN CAPITAL			COMPREHENSIVE INCOME			ACCUMULATED DEFICIT			TOTAL EQUITY
	COMMON SHARES				ADDITIONAL			ACCUMULATED OTHER
	Number of Shares		Amount		PAID-IN CAPITAL			COMPREHENSIVE INCOME			ACCUMULATED DEFICIT			TOTAL EQUITY
Balance as of July 31, 2023		59,434,838	$	5,943	$	1,831,111		$	36,979		$	(2,458,008	)	$	(583,975	)
Net loss for the year		-		-		-			-			(85,697	)		(85,697	)
Loss from discontinued operations		-		-		-			-			(4,388	)		(4,388	)
Foreign currency translation adjustment		-		-		(811	)		(36,979	)		-			(37,790	)
Gain from disposal of subsidiary		-		-		-			-			64,050			64,050

Balance as of July 31, 2024		59,434,838	$	5,943	$	1,830,300		$	-		$	(2,484,043	)	$	(647,800	)
Balance		59,434,838	$	5,943	$	1,830,300		$	-		$	(2,484,043	)	$	(647,800	)

Net loss for the year		-		-		-			-			(76,778	)		(76,778	)

Balance as of July 31, 2025		59,434,838	$	5,943	$	1,830,300		$	-		$	(2,560,821	)	$	(724,578	)
Balance		59,434,838	$	5,943	$	1,830,300		$	-		$	(2,560,821	)	$	(724,578	)

	Number of Shares		Amount
	COMMON SHARES				ADDITIONAL PAID-IN CAPITAL			ACCUMULATED OTHER COMPREHENSIVE INCOME			ACCUMULATED DEFICIT			TOTAL EQUITY
	Number of Shares		Amount
Balance as of July 31, 2022		59,434,838	$	5,943	$	1,830,300		$	19,574		$	(2,389,181	)	$	(533,364	)
Net loss for the year		-		-		-			-			(41,887	)		(41,887	)
Loss from discontinued operations		-		-		-			-			(26,940	)		(26,940	)
Foreign currency translation adjustment		-		-		811			17,405			-			18,216
Balance as of July 31, 2023		59,434,838	$	5,943	$	1,831,111		$	36,979		$	(2,458,008	)	$	(583,975	)
Balance		59,434,838	$	5,943	$	1,831,111		$	36,979		$	(2,458,008	)	$	(583,975	)
Net loss for the year		-		-		-			-			(85,697	)		(85,697	)
Loss from discontinued operations		-		-		-			-			(4,388	)		(4,388	)
Foreign currency translation adjustment		-		-		(811	)		(36,979	)		-			(37,790	)
Gain from disposal of subsidiary		-		-		-			-			64,050			64,050
Balance as of July 31, 2024		59,434,838	$	5,943	$	1,830,300		$	-		$	(2,484,043	)	$	(647,800	)
Balance		59,434,838	$	5,943	$	1,830,300		$	-		$	(2,484,043	)	$	(647,800	)

See accompanying notes to consolidated financial statements

~~See accompanying notes to consolidated financial statements~~F-5

~~F-5~~VANGUARD GREEN INVESTMENT LIMITED

~~VANGUARD~~CONSOLIDATED ~~GREEN~~STATEMENTS ~~INVESTMENT~~OF ~~LIMITED~~CASH FLOWS

~~CONSOLIDATED~~FOR ~~STATEMENTS~~THE OFYEARS ~~CASH~~ENDED ~~FLOWS~~JULY 31, 2025 AND 2024

~~FOR~~(Currency ~~THE~~expressed ~~YEARS~~in ~~ENDED~~United ~~JULY~~States ~~31,~~Dollars ~~2024 AND 2023~~(“US$”))

(~~Currency expressed in United States Dollars (“US$”~~Audited))

(Audited)

	For the year ended July 31, 2025			For the year ended July 31, 2024

CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss from continuing operations	$	(76,778	)	$	(85,697	)
Adjustments to reconcile net loss to net cash used in operating activities:
Impairment of fixed assets		-			(1,051	)
Bad debts written-off		-			5,302
Patent written-off		1,800			-
Interest expense		10,863			-
Unrealized foreign exchange gain		2,259			-
Gain on discounting of long-term loan		-			(16,927	)
Gain on disposal of property, plant and equipment		-			(3,012	)
Changes in operating assets and liabilities:
Prepayments and deposits		(12,015	)		2,466
Amount due from related parties		-			5,449
Other payables and accrued liabilities		(180	)		(4,420	)
Net cash used in operating activities	$	(74,051	)	$	(97,890	)

CASH FLOWS FROM INVESTING ACTIVITIES:
Proceed on disposal of property, plant and equipment	$	-		$	6,529
Disposal of a subsidiary, net of cash disposed		-			11,694
Purchase of trademark		-			(2,466	)
Net cash generated from investing activities	$	-		$	15,757

CASH FLOWS FROM FINANCING ACTIVITY:
Loan from director	$	62,092		$	92,029
Net cash generated from financing activity	$	62,092		$	92,029

CASH FLOWS FROM DISCONTINUED OPERATIONS:
Operating activities of discontinued operations	$	-		$	(76,476	)
Investing activities of discontinued operations		-			37,366
Financing activities of discontinued operations		-			36,890
Net cash used in discontinued operations	$	-		$	(2,220	)

Effect of foreign exchange translation		-			(49	)

Net change in cash and cash equivalents		(11,959	)		7,627

Cash and cash equivalents, beginning of year	$	12,052		$	4,425

Cash and cash equivalents, end of year	$	93		$	12,052

	For the year ended July 31, 2024			For the year ended July 31, 2023 (Restated)
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss from continuing operations	$	(85,697	)	$	(41,887	)
Adjustments to reconcile net loss to net cash used in operating activities:
Impairment of fixed assets		(1,051	)		(2,780	)
Bad debts written-off		5,302			-
Gain on discounting of long-term loan		(16,927	)		-
Gain on disposal of property, plant and equipment		(3,012	)		(14,035	)
Changes in operating assets and liabilities:
Prepayments and deposits		2,466			(667	)
Amount due from related parties		5,449			9,182
Other payables and accrued liabilities		(4,420	)		2,200
Amount due to related parties		-			8,100
Net cash used in operating activities	$	(97,890	)	$	(39,887	)
CASH FLOWS FROM INVESTING ACTIVITIES:
Proceed on disposal of property, plant and equipment	$	6,529		$	20,400
Disposal of a subsidiary, net of cash disposed		11,694			-
Purchase of trademark		(2,466	)		(3,584	)
Net cash generated from investing activities	$	15,757		$	16,816
CASH FLOWS FROM FINANCING ACTIVITY:
Loan from director	$	92,029		$	24,366
Net cash generated from financing activity	$	92,029		$	24,366
CASH FLOWS FROM DISCONTINUED OPERATIONS:
Operating activities of discontinued operations	$	(76,476	)	$	(23,630	)
Investing activities of discontinued operations		37,366			114
Financing activities of discontinued operations		36,890			21,844
Net cash used in discontinued operations	$	(2,220	)	$	(1,672	)
Effect of foreign exchange translation		(49	)		1,893
Net change in cash and cash equivalents		7,627			1,516
Cash and cash equivalents, beginning of year	$	4,425		$	2,909
Cash and cash equivalents, end of year	$	12,052		$	4,425

See accompanying notes to consolidated financial statements.

~~See accompanying notes to consolidated financial statements.~~F-6

~~F-6~~VANGUARD GREEN INVESTMENT LIMITED

~~VANGUARD~~NOTES ~~GREEN~~TO ~~INVESTMENT~~CONSOLIDATED ~~LIMITED~~FINANCIAL STATEMENTS

~~NOTES~~FOR TOTHE ~~CONSOLIDATED~~YEARS ~~FINANCIAL~~ENDED ~~STATEMENTS~~JULY 31, 2025 AND 2024

~~FOR~~(Currency ~~THE~~expressed ~~YEARS~~in ~~ENDED~~United ~~JULY~~States 31Dollars (“US$”), ~~2024~~except ~~AND~~for ~~2023~~number of shares)

~~(Currency~~1. ~~expressed~~ORGANIZATION inAND ~~United~~BUSINESS ~~States Dollars (“US$”), except for number of shares)~~BACKGROUND

1Vanguard Green Investment Limited is organized as a Nevada limited liability company, incorporated on June 4, 2018. For purposes of consolidated ~~ORGANIZATION~~financial ~~AND~~statement ~~BUSINESS~~presentation, ~~BACKGROUND~~Vanguard Green Investment Limited and its subsidiary are herein referred to as “the Company” or “we”. The Company business of which planned principal operations are to provide wellness and beauty services to customers via Company owned outlets, franchised outlets or distribution of our product to third party wellness and beauty salon.

~~Vanguard~~On ~~Green~~June ~~Investment~~29, ~~Limited~~2018, isthe ~~organized~~Company asacquired a100% ~~Nevada~~interest ~~limited~~in ~~liability~~MU ~~company,~~Worldwide ~~incorporated~~Group onLimited, ~~June~~a 4,private ~~2018.~~limited ~~For~~liability ~~purposes~~company ofincorporated ~~consolidated~~in ~~financial~~Seychelles ~~statement presentation, Vanguard Green Investment Limited~~ and its subsidiary ~~are~~MU ~~herein~~Global ~~referred~~Holding toLimited, asa ~~“the~~private ~~Company” or~~limited ~~“we”.~~liability ~~The~~company ~~Company~~incorporated ~~business~~in ofHong ~~which~~Kong. ~~planned~~On ~~principal~~August ~~operations~~16, 2018, ~~are~~MU toGlobal ~~provide~~Holding ~~wellness~~Limited ~~and~~incorporated ~~beauty~~a ~~services~~wholly-owned tosubsidiary ~~customers via~~in ~~Company owned outlets~~Shanghai, ~~franchised~~People ~~outlets~~Republic ~~or distribution~~ of ~~our~~China ~~product~~under tothe ~~third~~name ~~party~~of ~~wellness~~MU ~~and~~Global Health ~~beauty~~Management ~~salon~~(Shanghai) Limited.

OnFull ~~June~~disposition ~~29,~~of ~~2018, the Company acquired 100% interest in~~ MU ~~Worldwide Group Limited, a private limited liability company incorporated in Seychelles and its subsidiary MU~~ Global ~~Holding~~Health ~~Limited,~~Management a(Shanghai) ~~private limited liability company incorporated in Hong Kong. On August 16, 2018, MU Global Holding~~ Limited ~~incorporated~~was acompleted ~~wholly-owned~~on ~~subsidiary~~July ~~in Shanghai~~30, ~~People~~2024 ~~Republic~~for consideration of ~~China under the name of MU Global Health Management (Shanghai) Limited~~$11,975.00.

~~Full~~Details ~~disposition~~ of MUthe ~~Global~~Company’s ~~Health Management (Shanghai) Limited was completed on July 30, 2024 for consideration of $11,975.00.~~subsidiaries:

~~The~~SCHEDULE ~~accompanying~~OF financial statements have been prepared on a going concern basis, which contemplates the realization of assets and the settlement of liabilities and commitments in the normal course of business. As reflected in the accompanying financial statements, for the year ended July 31, 2024, the Company incurred a net loss of $85,697, as of that date, the CompanyCOMPANY’sS current liabilities exceeded its current assets by $401,894, had an accumulated deficit of $2,484,043, capital deficiency of $647,800 and net operating cash flows of $97,890 which raise substantial doubt about the Company’s ability to continue as a going concern within one year of the date that the financial statements are issued. The financial statements do not include any adjustments that might be necessary if the Company is unable to continue as a going concern.SUBSIDIARY

Details of the Company’s subsidiaries:

Company name

Place and date
of incorporation

Particulars of

issued capital

Principal

activities

Proportional
of ownership
interest and
voting power held

MU Worldwide Group Limited

Seychelles, June 7, 2018

100 shares of ordinary share of US$1 each

Investment holding

100

MU Global Holding Limited

Hong Kong, January 30, 2018

1 share of ordinary share of HK$1 each

Providing SPA and wellness service in Hong Kong

100

~~SCHEDULE OF COMPANY’S SUBSIDIARY~~F-7

Company name

Place and date of incorporation

Particulars of issued capital

Principal activities

Proportional of ownership interest and voting power held

MU Worldwide Group Limited

Seychelles, June 7, 2018

100 shares of ordinary share of US$1 each

Investment holding

100

MU Global Holding Limited

Hong Kong, January 30, 2018

1 share of ordinary share of HK$1 each

Providing SPA and wellness service in Hong Kong

100

MU Global Health Management (Shanghai) Limited1

Shanghai, August 16, 2018

RMB 7,405,866

Providing SPA and wellness service in China

100

VANGUARD GREEN INVESTMENT LIMITED

1NOTES TO ~~Full~~CONSOLIDATED ~~disposition~~FINANCIAL ~~of MU Global Health Management (Shanghai) Limited was completed on July 30, 2024.~~STATEMENTS

~~F-7~~FOR THE YEARS ENDED JULY 31, 2025 AND 2024

~~VANGUARD~~(Currency ~~GREEN~~expressed ~~INVESTMENT~~in ~~LIMITED~~United States Dollars (“US$”), except for number of shares)

~~NOTES~~Business ~~TO CONSOLIDATED FINANCIAL STATEMENTS~~Overview

~~FOR~~Vanguard ~~THE~~is ~~YEARS~~a ~~ENDED~~beauty ~~JULY~~and 31wellness company, ~~2024~~providing ~~AND~~SPA ~~2023~~and wellness service and also SPA related products to the customers. The services provided are designed to improve the overall health system and body function.

~~(Currency~~Since ~~expressed~~the establishment, the Company has been focusing to expand in ~~United~~the ~~States~~Chinese ~~Dollars~~market, ~~(“US$”)~~with other country also under consideration as target destinations. As an emerging industry in China, ~~except~~the beauty and wellness industry are still in the early stage as there is a huge potential for ~~number~~the industry to growth significantly. According to a report published by the Chinese State Department, the beauty and wellness industry of ~~shares~~the country is expected reach the market value of China 8 trillion Chinese Yuan by 2020, accounting for 6.5% of the country Gross Domestic Product (GDP).

~~Business~~China ~~Overview~~has large territory, population, diverse ethnicity and cultural background. As such, it has resulted in different consumer orientations in different cities and townships across the country, which is particularly challenging to tackle the consumer market with a single business model.

~~Vanguard~~The isadvance ain ~~beauty~~technological development and ~~wellness~~rise ~~company~~in use of technology in marketing has also intensified the competition, ~~providing~~probing ~~SPA~~the Company to develop the business models that allow quick penetration and ~~wellness~~huge ~~service~~coverage of different markets, and also ~~SPA~~being ~~related~~able ~~products~~ to cope with the ~~customers~~swift changes in the consumer market. ~~The~~Thus, ~~services~~the ~~provided are~~Company ~~designed~~is tofocusing ~~improve~~on three key areas as part of the ~~overall~~Company’s ~~health~~early ~~system~~development in ~~and~~the ~~body~~Chinese ~~function~~market.

~~Since~~The ~~the~~first ~~establishment,~~and ~~the~~most ~~Company~~key ~~has~~focus ~~been~~is ~~focusing~~ to ~~expand~~enter in the ~~Chinese~~regional market, ~~with~~through ~~other~~the ~~country~~adoption ~~also~~of ~~under~~franchisee ~~consideration~~and asagent ~~target destinations. As an emerging industry in China~~model, ~~the~~which ~~beauty and wellness industry are still in~~ the ~~early~~other ~~stage as there is a huge potential~~parties ~~for~~are ~~the~~familiar ~~industry~~and tohave ~~growth~~deep ~~significantly.~~understanding ~~According~~in ~~to a report published by~~ the ~~Chinese~~local ~~State Department~~market, ~~the~~hence ~~beauty~~its ~~and~~operating ~~wellness~~strategy ~~industry of the country~~ is ~~expected~~effective ~~reach~~and ~~the~~best ~~market~~suited ~~value of China 8 trillion Chinese Yuan by 2020, accounting for 6.5% of~~ the ~~country Gross~~targeted ~~Domestic Product (GDP)~~region.

InSecond, ~~year~~the ~~2020,~~key ~~COVID-19~~strategy ~~crisis~~is ~~has~~to ~~resulted~~ensure ~~the~~rapid ~~sales~~development of the ~~global~~Omni ~~beauty~~channel ~~and~~marketing ~~wellness~~plan ~~industry~~which ~~weak~~targets ~~due~~ to ~~consumers~~lease ~~have~~out ~~had~~at ~~limited~~least ~~access to~~ten ~~retail~~thousand ~~outlets~~Stone Spa ~~and~~Bed ~~supply~~(Hot ~~chain~~Stone ~~bottlenecks~~Bath ~~have~~equipment), ~~reduced~~reducing ~~product~~the ~~availability.~~time Incost ~~China,~~for the ~~industry’s~~development ~~February~~of ~~sales fell up to 80 percent compared with 2019. Nevertheless~~project, ~~based on Mckinsey~~ and ~~Company~~most ~~research~~importantly, ~~report~~working on ~~April~~to 8,spur ~~2021, shows that consumers~~sales ~~care deeply about wellness—~~and ~~that~~revenue ~~their interest is growing and estimate the global wellness market at more than US$1.5 trillion, with annual~~ growth ~~of 5 to 10 percent~~. A rise in both consumer interest and purchasing power presents tremendous opportunities for companies, particularly as spending on personal wellness rebounds after stagnating or even declining during the COVID-19 crisis.

~~China~~Lastly, ~~has~~the ~~large~~essential ~~territory,~~requirement ~~population,~~for ~~diverse~~business ~~ethnicity~~success ~~and~~in ~~cultural~~the ~~background.~~Chinese Asmarket ~~such,~~is itto ~~has~~ensure ~~resulted~~and inmaintain ~~different~~a ~~consumer~~clear ~~orientations~~and transparent business model, inwhich ~~different~~would ~~cities~~result ~~and~~in ~~townships~~effective ~~across~~collaboration between the ~~country,~~company ~~which~~and isits ~~particularly~~agent/franchisee, ~~challenging~~and toconsequently ~~tackle~~leads ~~the~~to ~~consumer~~efficient market operation ~~with~~and a ~~single~~win-win ~~business model~~situation between the two parties.

~~The~~Currently, ~~advance in technological development and rise in use of technology in marketing has also intensified~~ the ~~competition, probing the~~ Company to ~~develop~~operates ~~the business models that allow quick penetration and huge coverage of different markets, and also being able to cope with the swift changes~~ in the ~~consumer~~Chinese market. ~~Thus,~~with ~~the~~two ~~Company~~business ~~is focusing on three key areas as part of the Company’s early development in the Chinese market.~~models:

~~The first~~1. ~~and~~Tripartite ~~most~~co-operation ~~key~~and ~~focus~~profit issharing tomodel. ~~enter~~2. ~~the~~Large-scale ~~regional~~chain ~~market through the adoption of franchisee and~~ agent model, ~~which~~3. ~~the~~Direct- ~~other~~service ~~parties are~~store ~~familiar and have deep understanding in the local market, hence its operating strategy is effective and best suited the targeted region.~~model

~~Second,~~2. ~~the~~SUMMARY ~~key~~OF ~~strategy~~SIGNIFICANT isACCOUNTING to ensure rapid development of the Omni channel marketing plan which targets to lease out at least ten thousand Stone Spa Bed (Hot Stone Bath equipment), reducing the time cost for the development of project, and most importantly, working on to spur sales and revenue growth.POLICIES

~~Lastly,~~The ~~the~~accompanying ~~essential~~consolidated ~~requirement~~financial ~~for~~statements ~~business~~reflect ~~success in~~ the ~~Chinese~~application ~~market~~of iscertain tosignificant ~~ensure~~accounting ~~and~~policies ~~maintain~~as adescribed ~~clear~~in ~~and transparent business model,~~this ~~which~~note ~~would~~and ~~result~~elsewhere in ~~effective collaboration between~~ the ~~company~~accompanying ~~and~~consolidated ~~its~~financial ~~agent/franchisee,~~statements and ~~consequently leads to efficient market operation and a win-win situation between the two parties~~notes.

~~Currently,~~Basis ~~the~~of ~~Company operates in the Chinese market with two business models:~~presentation

1.These accompanying ~~Tripartite~~consolidated ~~co-operation~~financial ~~and~~statements ~~profit~~have ~~sharing~~been ~~model.~~prepared 2.in ~~Large-scale~~accordance ~~chain~~with ~~agent~~generally ~~model~~accepted 3.accounting ~~Direct-~~principles ~~service~~in ~~store~~the United ~~model~~States of America (“US GAAP”).

2.The ~~SUMMARY~~Company OFhas ~~SIGNIFICANT~~adopted ~~ACCOUNTING~~its ~~POLICIES~~fiscal year-end to be July 31.

~~The~~Full ~~accompanying~~disposition ~~consolidated~~of ~~financial~~MU ~~statements~~Global ~~reflect~~Health ~~the~~Management ~~application~~(Shanghai) ofLimited ~~certain~~was ~~significant~~completed ~~accounting~~on ~~policies~~July as30, ~~described~~2024 ~~in this~~for ~~note~~consideration ~~and~~of ~~elsewhere in the accompanying consolidated financial statements and notes~~$11,975.00.

~~Basis~~Going ~~of presentation~~concern

~~These~~ The accompanying ~~consolidated~~ financial statements have been prepared using inthe ~~accordance~~going ~~with~~concern ~~generally~~basis ~~accepted~~of accounting, ~~principles~~which incontemplates the ~~United~~ ~~States~~realization of ~~America~~assets ~~(“US~~and ~~GAAP”)~~the satisfaction of liabilities in the normal course of business.

~~The~~ For the year ended July 31, 2025, the Company has continuously ~~adopted~~incurred ~~its~~a ~~fiscal~~net ~~year-end~~loss toof be$76,778. As of July 31, 2025, the Company’s current liabilities exceeded its current assets by $689,654, suffered an accumulated deficit of $2,560,821, capital deficiency of $724,578 and negative operating cash flows of $74,051. The Company’s ability to continue as a going concern is dependent upon improving the profitability and the continuing financial support from its shareholders and director. Management believes the existing shareholders, director or external financing will provide the additional cash to meet the Company’s obligations as they become due.

~~Full~~These ~~disposition~~and ofother MUfactors ~~Global~~raise ~~Health~~substantial ~~Management~~doubt ~~(Shanghai)~~about the ~~Limited~~Company’s ~~was~~ability to continue as a going concern. These financial statements do not include any adjustments to reflect the ~~completed~~possible future effects on ~~July~~the ~~30,~~recoverability ~~2024~~and ~~for~~classification ~~consideration~~of assets or the amounts and classification of ~~$11,975~~liabilities that may result in the Company not being able to continue as a going concern.~~00.~~

Basis of consolidation

The consolidated financial statements include the accounts of the Company and its subsidiaries. All inter-company accounts and transactions have been eliminated upon consolidation.

F-8

VANGUARD GREEN INVESTMENT LIMITED

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

FOR THE YEARS ENDED JULY 31, ~~2024~~2025 AND ~~2023~~2024

(Currency expressed in United States Dollars (“US$”), except for number of shares)

Use of estimates

Management uses estimates and assumptions in preparing these financial statements in accordance with US GAAP. Those estimates and assumptions affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities in the balance sheets, and the reported revenue and expenses during the periods reported. Actual results may differ from these estimates.

Revenue recognition

Revenue is measured at the fair value of the consideration received or receivable, net of discounts and taxes applicable to the revenue. The Company derives its revenue from provision of wellness and beauty services to customers via Company owned outlets, franchised outlets or distribution of our product to third party wellness and beauty salon.

Cost of revenue

Cost of revenue includes the cost of services and product incurred to provide wellness and beauty services and purchase of products.

Cash and cash equivalents

Cash and cash equivalents are carried at cost and represent cash on hand, demand deposits placed with banks or other financial institutions and all highly liquid investments with an original maturity of three months or less as of the purchase date of such investments.

Property, plant and equipment

Property, plant and equipment are stated at cost less accumulated depreciation and accumulated impairment losses, if any. Depreciation is calculated on the straight-line basis over the following expected useful lives from the date on which they become fully operational:

Classification		Estimated useful life
Leasable equipment		5 years
Computer hardware and software		3 years
Office equipment		3 years
Outlet design fee and equipment		3 years
Application development fee		3 years

Expenditures for maintenance and repairs are expensed as incurred. The gain or loss on the disposal of property, plant and equipment is the difference between the net sales proceeds and the carrying amount of the relevant assets and is recognized in the Consolidated Statements of Operations and Comprehensive Loss.

Impairment of long-live assets

Long-lived assets primarily include trademark of the Company. In accordance with the provision of ASC Topic 360, Impairment or Disposal of Long-Lived Assets, the Company generally conducts its annual impairment evaluation to its long-lived assets, usually in the fourth quarter of each fiscal year, or more frequently if indicators of impairment exist, such as significant sustained change in the business climate. The recoverability of long-lived assets is measured at the lowest level group. If the total of the expected undiscounted future net cash flows is less than the carrying amount of the asset, a loss is recognized for the difference between the fair value and carrying amount of the asset.

F-9

VANGUARD GREEN INVESTMENT LIMITED

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

FOR THE YEARS ENDED JULY 31, ~~2024~~2025 AND ~~2023~~2024

(Currency expressed in United States Dollars (“US$”), except for number of shares)

Leases

The Company recognizes lease payments for its short-term lease on a straight-line basis over the lease term in accordance with ASC 842.

The right-of-use asset is initially measured at cost, which comprises the initial amount of the lease liability adjusted for lease payments made at or before the lease commencement date, plus any initial direct costs incurred less any lease incentives received. Costs associated with operating lease assets are recognized on a straight-line basis within operating expenses over the term of the lease.

In determining the present value of the unpaid lease payments, ASC 842 requires a lessee to discount its unpaid lease payments using the interest rate implicit in the lease or, if that rate cannot be readily determined, its incremental borrowing rate. As most of the Company leases do not provide an implicit rate, the Company uses its incremental borrowing rate as the discount rate for the lease. The Company incremental borrowing rate is estimated to approximate the interest rate on a collateralized basis with similar terms and payments.

Inventories

Inventories consisting of products available for sell, are stated at the lower of cost or market value. Cost of inventory is determined using the first-in, first-out (FIFO) method. Inventory reserve is recorded to write down the cost of inventory to the estimated market value due to slow-moving merchandise and damaged goods, which is dependent upon factors such as historical and forecasted consumer demand, and promotional environment. The Company takes ownership, risks and rewards of the products purchased. Write downs are recorded in cost of revenues in the Consolidated Statements of Operations and Comprehensive Loss.

Income taxes

Income taxes are determined in accordance with the provisions of ASC Topic 740, “Income Taxes” (“ASC 740”). Under this method, deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax basis. Deferred tax assets and liabilities are measured using enacted income tax rates expected to apply to taxable income in the periods in which those temporary differences are expected to be recovered or settled. Any effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date.

ASC 740 prescribes a comprehensive model for how companies should recognize, measure, present, and disclose in their financial statements uncertain tax positions taken or expected to be taken on a tax return. Under ASC 740, tax positions must initially be recognized in the financial statements when it is more likely than not the position will be sustained upon examination by the tax authorities. Such tax positions must initially and subsequently be measured as the largest amount of tax benefit that has a greater than 50% likelihood of being realized upon ultimate settlement with the tax authority assuming full knowledge of the position and relevant facts.

~~Going concern~~F-10

~~The~~VANGUARD ~~accompanying~~GREEN ~~financial~~INVESTMENT ~~statements have been prepared using the going concern basis of accounting, which contemplates the realization of assets and the satisfaction of liabilities in the normal course of business.~~LIMITED

~~For~~NOTES ~~the~~TO ~~year~~CONSOLIDATED ~~ended~~FINANCIAL July 31, 2024, the Company has continuously incurred a net loss of $85,697. As of July 31, 2024, the Company suffered an accumulated deficit of $2,484,043, capital deficiency of $647,800 and negative operating cash flows of $97,890. The Company’s ability to continue as a going concern is dependent upon improving the profitability and the continuing financial support from its shareholders and director. Management believes the existing shareholders, director or external financing will provide the additional cash to meet the Company’s obligations as they become due.STATEMENTS

~~These~~FOR ~~and~~THE ~~other~~YEARS ~~factors~~ENDED ~~raise~~JULY ~~substantial~~31, ~~doubt~~2025 ~~about~~AND the Company’s ability to continue as a going concern. These financial statements do not include any adjustments to reflect the possible future effects on the recoverability and classification of assets or the amounts and classification of liabilities that may result in the Company not being able to continue as a going concern.2024

~~F-10~~(Currency expressed in United States Dollars (“US$”), except for number of shares)

~~VANGUARD~~Net ~~GREEN~~loss ~~INVESTMENT~~per ~~LIMITED~~share

~~NOTES~~The TOCompany ~~CONSOLIDATED~~calculates ~~FINANCIAL~~net ~~STATEMENTS~~loss per share in accordance with ASC Topic 260 “Earnings Per Share”. Basic loss per share is computed by dividing the net loss by the weighted average number of common shares outstanding during the period. Diluted loss per share is computed similar to basic loss per share except that the denominator is increased to include the number of additional common shares that would have been outstanding if the potential common stock equivalents had been issued and if the additional common shares were dilutive.

~~FOR~~Foreign ~~THE~~currencies ~~YEARS ENDED JULY 31, 2024 AND 2023~~translation

~~(Currency~~Transactions ~~expressed~~denominated in ~~United~~currencies ~~States~~other ~~Dollars~~than ~~(“US$”),~~the ~~except~~functional ~~for~~currency ~~number~~are translated into the functional currency at the exchange rates prevailing at the dates of ~~shares)~~the transaction. Monetary assets and liabilities denominated in currencies other than the functional currency are translated into the functional currency using the applicable exchange rates at the balance sheet dates. The resulting exchange differences are recorded in the Consolidated Statements of Operations and Comprehensive loss.

~~Net~~The ~~loss~~functional ~~per~~currency ~~share~~of the parent Company is United States dollar and the functional currency of the subsidiaries MU Worldwide Group Limited (Seychelles) and MU Global Holding Limited (Hong Kong) is United States dollar.

The ~~Company~~reporting ~~calculates~~currency ~~net loss per share in accordance with ASC Topic 260 “Earnings Per Share”. Basic loss per share is computed by dividing the net loss by the weighted average number~~ of ~~common shares outstanding during~~ the ~~period.~~Company ~~Diluted~~and ~~loss~~its ~~per share~~subsidiary is ~~computed~~United ~~similar~~States toDollars ~~basic~~(“US$”) ~~loss~~and ~~per share except that~~ the ~~denominator~~accompanying isfinancial ~~increased to include the number of additional common~~statements ~~shares that would~~ have been ~~outstanding~~expressed ifin ~~the potential common stock equivalents had been issued and if the additional common shares were dilutive~~US$.

~~Foreign~~In ~~currencies~~general, for consolidation purposes, assets and liabilities of its subsidiaries whose functional currency is not US$ are translated into US$, in accordance with ASC Topic 830-30, “Translation of Financial Statement”, using the exchange rate on the balance sheet date. Revenues and expenses are translated at average rates prevailing during the period. The gains and losses resulting from translation of financial statements of foreign subsidiary are recorded as a separate component of accumulated other comprehensive loss within the statements of stockholders’ equity.

~~Transactions~~Translation ~~denominated in currencies other than the functional currency are translated into the functional currency at the exchange rates prevailing at the dates~~ of ~~the~~amounts ~~transaction.~~from ~~Monetary~~RMB, ~~assets~~TWD and ~~liabilities~~HK$ ~~denominated in currencies other than the functional currency are translated~~ into ~~the~~US$1 ~~functional~~has ~~currency~~been ~~using~~made ~~the applicable exchange rates~~ at the ~~balance~~following ~~sheet dates. The resulting~~ exchange ~~differences~~rates ~~are~~for ~~recorded in~~ the ~~Consolidated~~respective ~~Statements of Operations and Comprehensive loss.~~periods:

~~The functional~~SCHEDULE ~~currency~~OF ofFOREIGN ~~the~~EXCHANGE ~~parent~~RATES Company is United States dollar and the functional currency of the subsidiaries MU Worldwide Group Limited (Seychelles) and MU Global Holding Limited (Hong Kong) is United States dollar. MU Global Health Management (Shanghai) Limited is in Renminbi.TRANSLATION

The reporting currency of the Company and its subsidiary is United States Dollars (“US$”) and the accompanying financial statements have been expressed in US$.

	As of and for the year ended July 31,
	2025		2024
Year-end RMB : US$1 exchange rate		7.1943		7.2511
Year-average RMB : US$1 exchange rate		7.2064		7.2198
Year-end HK$ : US$1 exchange rate		7.8494		7.8116
Year-average HK$ : US$1 exchange rate		7.7931		7.8187
Year-end TWD : US$1 exchange rate		29.844		32.707
Year-average TWD : US$1 exchange rate		31.767		31.931

InRelated general, for consolidation purposes, assets and liabilities of its subsidiaries whose functional currency is not US$ are translated into US$, in accordance with ASC Topic 830-30, “Translation of Financial Statement”, using the exchange rate on the balance sheet date. Revenues and expenses are translated at average rates prevailing during the period. The gains and losses resulting from translation of financial statements of foreign subsidiary are recorded as a separate component of accumulated other comprehensive loss within the statements of stockholders’ equity.parties

~~Translation~~Parties, ofwhich ~~amounts~~can ~~from~~be ~~RMB~~a corporation or individual, ~~TWD~~are ~~and~~considered ~~HK$~~to ~~into~~be ~~US$1~~related if the Company has ~~been~~the ~~made~~ability, atdirectly or indirectly, to control the ~~following~~other ~~exchange~~party ~~rates~~or ~~for~~exercise significant influence over the ~~respective~~other ~~periods:~~party in making financial and operating decisions. Companies are also considered to be related if they are subject to common control or common significant influence.

~~SCHEDULE OF FOREIGN EXCHANGE RATES TRANSLATION~~F-11

	As of and for the year ended July 31,
	2024		2023
Year-end RMB : US$1 exchange rate		7.2511		7.136
Year-average RMB : US$1 exchange rate		7.2198		6.989
Year-end HK$ : US$1 exchange rate		7.8116		7.799
Year-average HK$ : US$1 exchange rate		7.8187		7.835
Year-end TWD : US$1 exchange rate		32.707		31.461
Year-average TWD : US$1 exchange rate		31.931		30.805

VANGUARD GREEN INVESTMENT LIMITED

~~Related~~NOTES ~~parties~~TO CONSOLIDATED FINANCIAL STATEMENTS

~~Parties,~~FOR ~~which~~THE ~~can~~YEARS beENDED aJULY ~~corporation or individual~~31, ~~are~~2025 ~~considered~~AND to be related if the Company has the ability, directly or indirectly, to control the other party or exercise significant influence over the other party in making financial and operating decisions. Companies are also considered to be related if they are subject to common control or common significant influence.2024

~~F-11~~(Currency expressed in United States Dollars (“US$”), except for number of shares)

~~VANGUARD~~Fair ~~GREEN~~value ~~INVESTMENT~~of ~~LIMITED~~financial instruments:

~~NOTES~~The TOcarrying ~~CONSOLIDATED~~value ~~FINANCIAL~~of ~~STATEMENTS~~the Company’s financial instruments: cash and cash equivalents, subscription receivables, prepayment and deposits, accounts payable, and other payables and accrued liabilities approximate at their fair values because of the short-term nature of these financial instruments.

~~FOR~~The ~~THE~~Company ~~YEARS~~also ~~ENDED~~follows ~~JULY~~the 31guidance of the ASC Topic 820-10, ~~2024~~“Fair ~~AND~~Value ~~2023~~Measurements and Disclosures” (“ASC 820-10”), with respect to financial assets and liabilities that are measured at fair value. ASC 820-10 establishes a three-tier fair value hierarchy that prioritizes the inputs used in measuring fair value as follows:

~~(Currency expressed~~Level 1: Observable inputs such as quoted prices in ~~United~~active ~~States~~markets; ~~Dollars~~Level ~~(“US$”)~~2: Inputs, ~~except~~other ~~for~~than ~~number~~the ofquoted ~~shares)~~prices in active markets, that are observable either directly or indirectly; and Level 3: Unobservable inputs in which there is little or no market data, which require the reporting entity to develop its own assumptions.

~~Fair value~~Credit ~~of financial instruments:~~losses

The Company ~~carrying~~estimates ~~value~~and ofrecords ~~the~~a ~~Company’s~~provision ~~financial~~for ~~instruments:~~its ~~cash~~expected ~~and~~credit ~~cash~~losses ~~equivalents~~related to its financial instruments, ~~subscription~~including its trade receivables,. Management ~~prepayment~~considers ~~and~~historical ~~deposits~~collection rates, ~~accounts~~ ~~payable~~the current financial status of the Company’s customers, macroeconomic factors, and other ~~payables~~industry-specific ~~and~~factors ~~accrued~~when ~~liabilities~~evaluating ~~approximate~~current atexpected ~~their~~credit ~~fair~~losses. ~~values~~Forward-looking information is also considered in the evaluation of current expected credit losses. However, because of the short~~-term~~ ~~nature~~time to the expected receipt of ~~these~~accounts receivable, management believes that the carrying value, net of expected losses, approximates fair value and therefore, relies more on historical and current analysis of such financial instruments, including its trade receivables.

~~The~~Credit loss ~~Company~~rate ~~also~~is ~~follows~~determined ~~the~~by ~~guidance~~historical ofcollection ~~the~~based ~~ASC~~on ~~Topic~~aging ~~820-10~~schedule, ~~“Fair~~adjusted ~~Value~~for ~~Measurements~~current ~~and~~conditions ~~Disclosures”~~using ~~(“ASC~~reasonable ~~820-10”),~~and supportable ~~with~~forecasts. ~~respect~~Based toon ~~financial~~the ~~assets~~aging categorization and ~~liabilities~~the ~~that~~adjusted ~~are~~loss ~~measured~~rate atper ~~fair~~category, ~~value.~~an ~~ASC~~allowance ~~820-10~~for ~~establishes~~credit alosses ~~three-tier~~is ~~fair~~calculated ~~value hierarchy~~by ~~that~~multiplying ~~prioritizes~~the adjusted loss rate with the ~~inputs~~amortized ~~used~~cost in ~~measuring~~the ~~fair~~respective ~~value~~age ~~as follows:~~category.

~~Level~~Recently Adopted 1:Accounting Observable inputs such as quoted prices in active markets; Level 2: Inputs, other than the quoted prices in active markets, that are observable either directly or indirectly; and Level 3: Unobservable inputs in which there is little or no market data, which require the reporting entity to develop its own assumptions.Standards

~~Recently~~In November ~~Adopted~~2023, ~~Accounting~~the ~~Standards~~FASB issued ASU 2023-07, “Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures”, which expands annual and interim disclosure requirements for reportable segments, primarily through enhanced disclosures about significant segment expenses. The ASU 2023-07 is effective for annual reporting periods beginning after December 15, 2023, and interim periods in fiscal years beginning after December 15, 2024. Early adoption is permitted. The Company already adopted this ASU on its financial statements and related disclosures.

InRecent ~~June~~accounting 2016, the FASB issued Accounting Standards Update No. 2016-13, Financial Instruments – Credit Losses (Topics 326): Measurement of Credit Losses on Financial Instruments, which introduced the expected credit losses methodology for the measurement of credit losses on financial assets measured at amortized cost basis, replacing the previous incurred loss methodology. In November 2019, the FASB issued ASU 2019-10 highlighted the adoption timeline. For smaller reporting entities, Topic 326 is effective for annual periods beginning after December 15, 2022, including interim period within those fiscal years, of which is effective for the Company on January 1, 2023.pronouncements

~~Credit~~The ~~loss~~Company ~~rate~~has isreviewed ~~determined~~all byrecently ~~historical~~issued, ~~collection~~but ~~based~~not onyet ~~aging schedule~~effective, ~~adjusted~~considers ~~for current conditions using reasonable and supportable forecast. Based on~~ the ~~aging~~applicability ~~categorization~~ and ~~the~~impact ~~adjusted~~of ~~loss~~all ~~per~~accounting ~~category,~~standards ~~an allowance for credit losses is calculated by multiplying~~updates ~~the~~(“ASUs”). ~~adjusted~~Management ~~loss~~periodically ~~rate~~reviews ~~with~~new ~~the~~accounting ~~amortized~~standards ~~cost~~that inare ~~the respective age category~~issued.

~~Recent~~In ~~accounting~~December ~~pronouncements~~2023, the FASB issued ASU 2023-09, Income Taxes (Topic 740): Improvements to Income Tax Disclosures. The new standard was issued to improve transparency and decision usefulness of income tax disclosures by providing information that helps investors better understand how an entity’s operations, tax risks, tax planning and operational opportunities affect its tax rate and prospects for future cash flows. The amendments in this update primarily relate to requiring greater disaggregated disclosure of information in the rate reconciliation, income taxes paid, income (loss) from continuing operations before income tax expense (benefit), and income tax expense (benefit) from continuing operations. The ASU is effective for fiscal years beginning after December 15, 2024, and early adoption is permitted. The standard can be applied prospectively or retrospectively.

~~The~~In ~~Company~~November ~~has~~2024, ~~implemented~~the ~~all~~FASB ~~new~~issued ~~accounting~~ASU ~~pronouncements~~2024-03, ~~that~~Disaggregation ~~are~~of inIncome ~~effect~~Statement Expenses. ~~These~~The ~~pronouncements~~new ~~did~~standard ~~not~~requires ~~have~~entities ~~any~~to ~~material~~disclose additional ~~impact~~information about certain expenses, such as purchases of inventory, employee compensation, depreciation, intangible asset amortization, as well as selling expenses included in commonly presented expense captions on the income statement. The FASB further clarified the ~~financial~~effective ~~statements~~date ~~unless~~in ~~otherwise~~January ~~disclosed,~~2025 ~~and~~with the ~~Company~~issuance ~~does~~of ~~not~~ASU ~~believe~~2025-01, ~~that~~Income ~~there~~Statement ~~are~~– ~~any~~Reporting ~~other~~Comprehensive ~~new~~Income ~~accounting~~– Expense ~~pronouncements~~Disaggregation Disclosures (Subtopic 220-40): Clarifying the Effective Date. The ASU is effective for fiscal years beginning ~~that~~after ~~have~~December ~~been~~15, ~~issued~~2026, ~~that~~and ~~might~~interim periods beginning after December 15, 2027. Companies have athe ~~material~~option ~~impact~~to onapply ~~its~~this ~~financial~~guidance ~~position~~either on a retrospective or ~~results~~prospective ofbasis, ~~operations~~and early adoption is permitted.

~~F-12~~The Company reviews new accounting standards as issued. Management has not identified any other new standards that it believes will have a significant impact on the Company’s financial statements.

~~VANGUARD GREEN INVESTMENT LIMITED~~F-12

~~NOTES~~VANGUARD TOGREEN ~~CONSOLIDATED~~INVESTMENT ~~FINANCIAL STATEMENTS~~LIMITED

~~FOR~~NOTES ~~THE~~TO ~~YEARS~~CONSOLIDATED ~~ENDED~~FINANCIAL ~~JULY 31, 2024 AND 2023~~STATEMENTS

~~(Currency~~FOR ~~expressed~~THE inYEARS ~~United~~ENDED ~~States~~JULY ~~Dollars (“US$”)~~31, ~~except~~2025 ~~for~~AND ~~number of shares)~~2024

3.(Currency ~~COMMON~~expressed ~~STOCK~~in United States Dollars (“US$”), except for number of shares)

~~On June 4, 2018, our Chief Executive Officer, Ms~~3. ~~Niu Yen-Yen subscribed 100,000 shares of restricted common stock of the Company at par~~ ~~value~~COMMON ~~of $0.0001 per share. The monies from this transaction, which totalled $10, went to the Company to be used as initial working capital.~~STOCK

On ~~July~~June 64, 2018, our Chief Executive Officer, Ms. Niu Yen-Yen ~~and Server Int’l Co., Ltd.~~ subscribed 25100,000~~,000~~ ~~and 11,000,000 restricted~~ shares of restricted common stock~~, respectively,~~ of the Company, at par value of $0.0001 per share. The monies from ~~these~~this ~~transactions~~transaction, which totalled $310,~~600,~~ went to the Company to be used as initial working capital. ~~Server Int’l Co., Ltd. is controlled entirely by Ms. Niu Yen-Yen.~~

On July 76, 2018, ~~Chang~~Ms. ~~Chun~~Niu Yen-~~Ying~~Yen and ~~Chang~~Server ~~Su-Fen~~Int’l Co., Ltd. subscribed 425,~~300~~000,000 and 511,000,000 restricted shares of common stock, respectively, of the Company, at par value of $0.0001 per share. The monies from these transactions, which totalled $~~930~~3,600, went to the Company to be used as initial working capital. Server Int’l Co., Ltd. is controlled entirely by Ms. Niu Yen-Yen.

On July 97, 2018, ~~GreenPro~~Chang ~~Asia~~Chun-Ying ~~Strategic SPC~~ and ~~GreenPro~~Chang ~~Venture~~Su-Fen ~~Capital Limited~~ subscribed 24,~~835~~300,000 and 25,~~165~~000,000 restricted shares of common stock, ofrespectively, of the Company, ~~respectively,~~ at par value of $0.0001 per share. The monies from these transactions, which totalled $~~500~~930, went to the Company to be used as initial working capital.

~~From~~On July 9, 2018, toGreenPro ~~July~~Asia ~~10,~~Strategic ~~2018~~SPC ~~the~~and ~~Company~~GreenPro ~~issued~~Venture aCapital ~~total~~Limited ofsubscribed 2,~~150~~835,000 ~~shares~~and of2,165,000 restricted shares of common stock toof ~~three~~the ~~non-US~~Company, ~~residents.~~respectively, ~~Shares were sold~~ at par value, of $0.0001 per share. ~~Total~~The ~~proceeds~~monies from these ~~shares~~transactions, which totalled $~~215 and~~ 500, went to the Company to be used as initial working capital.

OnFrom July 109, 2018, ~~Server~~to ~~Int’l~~July ~~Co.~~10, ~~Ltd,~~2018 athe Company ~~solely~~issued ~~controlled~~a ~~and~~total ~~owned~~of ~~by the CEO~~2, ~~transferred 1~~150,~~500,~~000 shares of restricted common stock to 8three non-US residents. Shares were sold at par value, $0.0001 per share. Total proceeds from these shares totalled $215 and went to the Company to be used as initial working capital.

On July 1110, 2018, ~~the~~Server ~~Company~~Int’l ~~issued~~Co., Ltd, a ~~total~~Company ofsolely ~~710~~controlled and owned by the CEO, transferred 1,500,000 shares of ~~restricted~~ common stock to ~~two~~8 non-US residents ~~at a price of $0~~.~~03 per share. Total proceeds from these sales of shares totalled $21,300 and went to the Company to be used as initial working capital.~~

On July 2511, 2018 the Company issued a total of ~~995~~710,000 shares of restricted common stock to ~~ten~~two non-US residents at a price of $0.03 per share. Total proceeds from these sales of shares totalled $2921,~~850~~300 and went to the Company to be used as initial working capital.

On July 2625, 2018 the Company issued ~~250~~a total of 995,000 shares of restricted common stock to ~~one~~ten non-US ~~resident~~residents at a price of $0.2003 per share. Total proceeds from these sales of shares totalled $5029,~~000~~850 and went to the Company to be used as initial working capital.

On July 3126, 2018 ~~Dezign~~the ~~Format~~Company ~~Pte~~issued ~~Ltd and Cheng Young-Chien each subscribed 2~~250,000~~,000~~ ~~restricted~~ shares of restricted common stock ofto ~~the~~one ~~Company,~~ non-US resident at a price of $0.20 per share,. ~~for~~Total proceeds ~~total~~from ~~consideration~~these sales of shares totalled $~~800~~50,000. ~~Proceeds~~and went to the Company to be used as initial working capital.

~~From~~On ~~August~~July 131, 2018 toDezign ~~December~~Format ~~13,~~Pte ~~2018,~~Ltd ~~Ms.~~and ~~Niu~~Cheng ~~Yen~~Young-~~Yen~~Chien each subscribed 2,000,000 ~~the~~restricted ~~CEO~~shares of common stock of the Company, at ~~transferred~~$0.20 1per share,~~557,800~~ ~~shares~~for total consideration of ~~common~~$800,000. ~~stock~~Proceeds went to 16the ~~non-US residents~~Company to be used as initial working capital.

OnFrom ~~May~~August 71, ~~2019,~~2018 ~~the~~to ~~convertible~~December ~~promissory~~13, ~~note~~2018, ~~issued~~Ms. byNiu ~~the Company amounted $779~~Yen-Yen,~~125~~ ~~to 45 accredited investors who reside in Taiwan with~~ the ~~conversion~~CEO ~~price~~ of $1the ~~per~~Company, ~~share~~transferred ~~have been converted to 779~~1,~~125~~557,800 shares of common stock ofto ~~the~~16 ~~company after the S~~non-~~1 registration~~US ~~statement was declared effective on May 6, 2019~~residents.

~~From~~On May 147, 2019, tothe ~~July~~convertible ~~31,~~promissory ~~2019,~~note issued by the Company ~~issued~~amounted ~~150~~$779,~~317~~125 ~~shares~~to of45 ~~common~~accredited ~~stock~~investors atwho areside in Taiwan with the conversion price of $1~~.00~~ per share ~~through~~have been converted to 779,125 shares of common stock of the ~~Initial~~company ~~Public~~after the S-1 registration ~~Offering~~statement ~~(IPO)~~was todeclared 36effective ~~non-US~~on ~~residents~~May 6, 2019.

From ~~August~~May 114, ~~2020~~2019 to July 31, ~~2021~~2019, ~~Ms. Niu Yen-Yen,~~ the ~~CEO of the~~ Company, ~~had~~issued ~~395~~150,~~000~~317 shares of common stock ~~transferred~~at ~~from~~a 3price ~~non-US residents~~of ~~and~~$1.00 ~~had~~per ~~sold~~share ~~3,364,921~~through ~~shares~~the ofInitial ~~common~~Public Offering ~~stock~~(IPO) to 2036 non-US residents.

From August 1, ~~2021~~2020 to July 31, ~~2022~~2021, Ms. Niu Yen-Yen, the CEO of the Company, had 55395,~~522~~000 shares of common stock transferred from 23 non-US residents and had sold 63,~~800~~364,~~000~~921 shares of common stock to 320 non-US residents.

AsFrom ofAugust 1, 2021 to July 31, ~~2024~~2022, ~~and~~Ms. ~~2023~~Niu Yen-Yen, the ~~Company~~CEO ~~has~~of anthe ~~issued~~Company, ~~and~~had ~~outstanding~~55,522 shares of common ~~share~~stock oftransferred 59from 2 non-US residents and had sold 6,~~434~~800,~~838~~000 shares of common stock to 3 non-US residents.

~~F-13~~As of July 31, 2025 and 2024, the Company has an issued and outstanding common share of 59,434,838.

~~VANGUARD GREEN INVESTMENT LIMITED~~F-13

~~NOTES~~VANGUARD TOGREEN ~~CONSOLIDATED~~INVESTMENT ~~FINANCIAL STATEMENTS~~LIMITED

~~FOR~~NOTES ~~THE~~TO ~~YEARS~~CONSOLIDATED ~~ENDED~~FINANCIAL ~~JULY 31, 2024 AND 2023~~STATEMENTS

~~(Currency~~FOR ~~expressed~~THE inYEARS ~~United~~ENDED ~~States~~JULY ~~Dollars (“US$”)~~31, ~~except~~2025 ~~for~~AND ~~number of shares)~~2024

4.(Currency ~~DISPOSAL~~expressed OFin AUnited ~~SUBSIDIARY~~States Dollars (“US$”), except for number of shares)

On July 30, 2024, the Company entered into certain share purchase agreement (the “Disposition SPA”) by and among Xie Ling (the “Purchaser”), MU Global Health Management (Shanghai) Limited (the “Subsidiary”) and MU Global Holding Limited (the “Seller”)4. ~~Pursuant to the Disposition SPA, the~~ ~~Purchaser agreed to purchase the Subsidiary~~PROPERTY, inPLANT ~~exchange~~AND for consideration of $11,975.00 (the “Purchase Price”). The Company’s board of directors (the “Board”) approved the transaction contemplated by the Disposition SPA (the “Disposition”). The Disposition closed on July 30, 2024 when all closing conditions were satisfied, including the payment of the Purchase Price, and all consents or approval required to be obtained from or made with any governmental authorities. Upon the closing of the Disposition, the Purchaser became the sole shareholder of the Subsidiary and as a result, assumed all assets and some liabilities of the Subsidiary.EQUIPMENT

~~Beginning on July~~SCHEDULE ~~30,~~OF ~~2024~~PROPERTY, ~~the~~PLANT ~~Company~~AND historical financial results for periods prior to the above transactions have been reflected in statement of income, retrospectively, as disposal of a subsidiary and discontinued operations. Additionally, the related assets and liabilities associated with the disposal of subsidiary in the prior year balance sheet are written off.EQUIPMENT

During the period ended July 31, 2024, the Company recorded a gain from the disposal of a subsidiary amounted $64,050 and a loss from the discontinued operations amounted $4,388.

	As of July 31, 2025			As of July 31, 2024
	(Audited)			(Audited)
Office equipment	$	28,862		$	28,862
Leasable equipment		37,384			37,384
Total		66,246			66,246
Accumulated depreciation¹		(25,014	)		(25,014	)
Impairment		(41,232	)		(41,232	)
Property, plant and equipment, net	$	-			-

~~The following~~1 ~~table~~Depreciation ~~summarizes~~expense for the ~~assets~~year ~~and~~ended ~~liabilities~~July of31, ~~the~~2025 ~~disposal~~and ofJuly a31, ~~subsidiary~~2024 ~~included~~was in$0 ~~the~~and ~~consolidated~~$0 ~~balance sheet indicated:~~respectively.

~~SCHEDULE~~DISPOSAL OF ~~MAJOR COMPONENTS OF DISCONTINUED OPERATIONS~~PROPERTY, ~~NET~~PLANT OFAND ~~TAX~~ EQUIPMENT

Prepayments and deposits	$	483
Inventories		1,312
Cash and cash equivalents		281
Other payables and accrued liabilities		(3,445	)
Amount due to related party		(1,726	)
Deposit from franchisees		(22,764	)
Other payable		(37,584	)
Loan from director		(114,071	)
Loan from third party		(131,835	)
Net liabilities of the subsidiary		(309,349	)
Accumulated other comprehensive income		(43,142	)
Assumption of liabilities		300,416
Consideration		(11,975	)
Gain from disposal of subsidiary	$	64,050

The following table summarizes the operating results of the discontinued operation for the period indicated:

	As of July 31, 2025 (Audited)		As of July 31, 2024 (Restated)
Proceed from disposal of property, plant and equipment	$	-	$	6,529
Disposal of equipment impaired at net book value		-		(3,517	)
Total gain on disposal	$	-	$	3,012

	As of July 31, 2024			As of July 31, 2023
Revenue	$	342		$	25,314
Cost of revenue		-			(14,244	)
Gross profit		342			11,070
Other income		47,705			58,813
Selling and marketing expenses		(1,197	)		(1,331	)
General and administrative expenses		(51,238	)		(95,492	)
Loss before income taxes		(4,388	)		(26,940	)
Income taxes provision		-			-
Loss from discontinued operations	$	(4,388	)	$	(26,940	)

F-14

5.VANGUARD ~~PROPERTY,~~GREEN ~~PLANT~~INVESTMENT ~~AND EQUIPMENT~~LIMITED

~~SCHEDULE~~NOTES OFTO ~~PROPERTY,~~CONSOLIDATED ~~PLANT~~FINANCIAL ~~AND EQUIPMENT~~ STATEMENTS

	As of July 31, 2024			As of July 31, 2023
	(Audited)			(Audited)
Computer hardware and software	$	-		$	129,301
Office equipment		28,862			120,569
Leasable equipment1		37,384			216,378
Outlet design fee and equipment		-			16,763
Application development fee		-			37,413
Total		66,246			520,424
Accumulated depreciation2		(25,014	)		(395,140	)
Impairment		(41,232	)		(143,182	)
Foreign currency translation adjustment		-			17,898
Property, plant and equipment, net	$	-			-

FOR THE YEARS ENDED JULY 31, 2025 AND 2024

1	For the year ended July 31, 2024, $4,307 of leasable equipment was disposed.
2	Depreciation expense for the year ended July 31, 2024 and July 31, 2023 was $0 and $0 respectively.

(Currency expressed in United States Dollars (“US$”), except for number of shares)

Upon disposal of MU Global Health Management (Shanghai) Limited (the “Subsidiary”) completed on July 30, 2024, property, plant and equipment held under the Subsidiary were excluded from the consolidated balance sheet as of July 31, 20245. LEASE

~~DISPOSAL~~As OFof ~~PROPERTY~~November 6, ~~PLANT~~2021, ~~AND~~the ~~EQUIPMENT~~Company recognized approximately US$11,581 lease liability as well as right-of-use asset for all leases at the commencement date. Lease liabilities are measured at present value of the sum of remaining rental payments as of November 6, 2021, with discounted rate of 4.35% adopted from “Zhao Shang bank” of China as a reference for discount rate.

~~SCHEDULE~~A OFsingle ~~DISPOSAL~~lease OFcost ~~PROPERTY,~~is ~~PLANT~~recognized ~~AND~~over ~~EQUIPMENT~~ the lease term on a generally straight-line basis. All cash payments of operating lease cost are classified within operating activities in the statement of cash flows.

	As of July 31, 2024 (Audited)			As of July 31, 2023 (Restated)
Proceed from disposal of property, plant and equipment	$	6,529		$	20,400
Disposal of equipment impaired at net book value		(3,517	)		(6,365	)
Total gain on disposal	$	3,012		$	14,035

The initial recognition of operating lease right and lease liability as follow:

~~F-14~~SCHEDULE OF RECOGNITION OF OPERATING LEASE RIGHT AND LEASE LIABILITY

VANGUARD GREEN INVESTMENT LIMITED


Gross lease payable	$	12,048
Less: Imputed interest		(467	)
Initial recognition	$	11,581
Less: Remeasurement of existing lease		(843	)
Balance	$	10,738

~~NOTES~~As TOof ~~CONSOLIDATED~~July ~~FINANCIAL~~31, ~~STATEMENTS~~2025 and July 31, 2024 operating lease right of use asset as follow:

~~FOR~~SCHEDULE ~~THE~~OF ~~YEARS~~OPERATING ~~ENDED~~LEASE ~~JULY~~RIGHT ~~31,~~OF ~~2024~~USE ~~AND 2023~~ASSET

(Currency expressed in United States Dollars (“US$”), except for number of shares)

	As of July 31, 2025 (Audited)		As of July 31, 2024 (Audited)
Balance		-		6,407
Balance beginning of the year		-		6,407
Less: Termination of lease		-		(2,107	)
Foreign exchange translation loss		-		(365	)
Amortization		-		(3,935	)
Balance end of the year	$	-	$	-

6.As ~~LEASE~~of July 31, 2025 and July 31, 2024 operating lease liability as follow:

As SCHEDULE ofOF ~~November~~OPERATING 6,LEASE 2021, the Company recognized approximately US$11,581 lease liability as well as right-of-use asset for all leases at the commencement date. Lease liabilities are measured at present value of the sum of remaining rental payments as of November 6, 2021, with discounted rate of 4.35% adopted from “Zhao Shang bank” of China as a reference for discount rate.LIABILITY

A single lease cost is recognized over the lease term on a generally straight-line basis. All cash payments of operating lease cost are classified within operating activities in the statement of cash flows.

	As of July 31, 2025 (Audited)		As of July 31, 2024 (Audited)
As of August 1	$	-	$	6,199
Balance beginning of the year		-		6,199
Less: Termination of lease		-		(2,107	)
Less: Gross repayment		-		(4,363	)
Add: Imputed interest		-		150
Foreign exchange translation loss		-		121
Balance end of the year	$	-	$	-

~~The~~For ~~initial~~the ~~recognition~~year ended July 31, 2025, the amortization of the operating lease right ~~and~~of use asset was $0 while for year ended July 31, 2024, the amortization of the operating lease ~~liability~~right asof ~~follow:~~use asset was $3,935.

~~SCHEDULE OF RECOGNITION OF OPERATING LEASE RIGHT AND LEASE LIABILITY~~F-15

Gross lease payable	$	12,048
Less: Imputed interest		(467	)
Initial recognition	$	11,581
Less: Remeasurement of existing lease		(843	)
Balance	$	10,738

VANGUARD GREEN INVESTMENT LIMITED

AsNOTES ofTO ~~July~~CONSOLIDATED ~~31,~~FINANCIAL ~~2024 and July 31, 2023 operating lease right of use asset as follow:~~STATEMENTS

~~SCHEDULE~~FOR THE OFYEARS ~~OPERATING~~ENDED ~~LEASE~~JULY ~~RIGHT~~31, OF2025 ~~USE~~AND ~~ASSET~~2024

	As of July 31, 2024 (Audited)			As of July 31, 2023 (Audited)
Balance		6,407			6,267
Balance beginning of the year		6,407			6,267
Less: Termination of lease		(2,107	)		-
Add: New operating lease liability		-			5,223
Foreign exchange translation loss		(365	)		(246	)
Amortization		(3,935	)		(4,837	)
Balance end of the year	$	-		$	6,407

(Currency expressed in United States Dollars (“US$”), except for number of shares)

AsOther ~~of July 31, 2024 and July 31, 2023 operating lease liability as follow~~information:

SCHEDULE OF ~~OPERATING~~OTHER ~~LEASE LIABILITY~~INFORMATION

	As of July 31, 2024 (Audited)			As of July 31, 2023 (Audited)
	Year ended			Year ended
As of August 1	$	6,199		$	6,559
	July 31, 2025			July 31, 2024
Balance beginning of the year	$	6,199		$	6,559
	(Audited)			(Audited)
Less: Termination of lease		(2,107	)		-
Cash paid for amounts included in the measurement of lease liabilities:
Add: New operating lease liability		-			5,223
Operating cash flow from operating lease	$	-		$	3,861
Less: Gross repayment		(4,363	)		(5,509	)
Right-of-use assets obtained in exchange for operating lease liabilities	$	-		$	-
Add: Imputed interest		150			176
Weighted average discount rate for operating lease		-	%		4.35	%
Foreign exchange translation loss		121			(250	)
Balance end of the year	$	-		$	6,199

~~For~~Lease ~~the~~expenses ~~year~~were ~~ended~~$0 ~~July~~and ~~31,~~$150 ~~2024,~~during the ~~amortization of the operating lease right of use asset was $3,935 while for~~ year ended July 31, ~~2023, the~~2025 ~~amortization~~and ofJuly ~~the~~31, ~~operating~~2024 ~~lease right of use asset was $4,837~~respectively.

~~F-15~~6. PATENT AND TRADEMARK

~~VANGUARD~~SCHEDULE ~~GREEN~~OF ~~INVESTMENT~~PATENT ~~LIMITED~~AND TRADEMARK

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

	As of			As of
	July 31, 2025			July 31, 2024
	(Audited)			(Audited)
Patent and trademark¹	$	35,285		$	35,285
Accumulated amortization		(6,240	)		(6,240	)
Impairment		(29,045	)		(29,045	)
Trademark, net	$	-		$	-

~~FOR THE~~1 ~~YEARS~~The ~~ENDED~~trademarks ~~JULY~~are ~~31,~~held ~~2024~~under ~~AND~~the ~~2023~~Company’s subsidiary in Hong Kong.

~~(Currency~~Amortization ~~expressed~~expense infor ~~United~~the ~~States~~year ~~Dollars~~ended ~~(“US$”)~~July 31, ~~except~~2025 ~~for~~and ~~number~~July of31, ~~shares)~~2024 was $0 and $0 respectively.

~~Maturities~~7. ofPREPAYMENTS ~~operating~~AND ~~lease obligation as follow:~~DEPOSITS

SCHEDULE OF ~~MATURITIES~~PREPAYMENTS OFAND ~~OPERATING LEASE OBLIGATION~~DEPOSITS

Year ending
	As of		As of
July 31, 2024 (12 months)		-
	July 31, 2025		July 31, 2024
Total	$	-
	(Audited)		(Audited)
Prepayments	$	15,165	$	3,150
Deposits		-		1,800
Total prepayments and deposits	$	15,165	$	4,950

~~Other information:~~F-16

~~SCHEDULE~~VANGUARD GREEN OFINVESTMENT ~~OTHER INFORMATION~~LIMITED

	Year ended			Year ended
	July 31, 2024			July 31, 2023
	(Audited)			(Audited)
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flow from operating lease	$	3,861		$	5,395
Right-of-use assets obtained in exchange for operating lease liabilities	$	-		$	6,407
Remaining lease term for operating lease (years)		-			1.25
Weighted average discount rate for operating lease		4.35	%		4.35	%

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

~~Lease~~FOR ~~expenses~~THE ~~were~~YEARS ~~$150~~ENDED ~~and~~JULY ~~$176 during the year ended July~~ 31, ~~2024~~2025 ~~and~~AND ~~July 31, 2023 respectively.~~2024

7.(Currency ~~PATENT~~expressed ~~AND~~in ~~TRADEMARK~~United States Dollars (“US$”), except for number of shares)

~~SCHEDULE~~8. OFLOAN ~~PATENT~~FROM ~~AND~~THIRD ~~TRADEMARK~~ PARTY

	As of			As of
	July 31, 2024			July 31, 2023
	(Audited)			(Audited)
Patent and trademark1	$	35,285		$	35,988
Accumulated amortization		(6,240	)		(6,986	)
Impairment		(29,045	)		(28,976	)
Foreign currency translation adjustment		-			(26	)
Trademark, net	$	-		$	-

SCHEDULE OF LOAN FROM THIRD PARTY

1 The trademarks are held under the Company’s subsidiaries in Hong Kong and Shanghai, China.

	As of July 31, 2025		As of July 31, 2024
	(Audited)		(Audited)
Shang Hai Shi Ba Enterprise Management Centre	$		$
Current		103,732		-
Non-current		34,924		131,835
Total loan from third party	$	138,656	$	131,835

~~Upon disposal of MU~~The ~~Global~~loan ~~Health~~is ~~Management~~unsecured, ~~(Shanghai)~~interest-free ~~Limited~~and ~~(the~~repayable ~~“Subsidiary”)~~in ~~completed~~year on2024 ~~July~~and ~~30,~~year ~~2024,~~2025. ~~patent~~It ~~and~~is ~~trademark~~further ~~held~~extended ~~under the~~to ~~Subsidiary~~repayment ~~were~~in ~~excluded~~year ~~from~~2026 ~~the~~with ~~consolidated~~a ~~balance~~loan agreement ~~sheet~~entered ason ofAugust ~~July 31~~2, ~~2024~~2023.

~~Amortization~~9. ~~expense~~LOAN ~~for~~FROM ~~the year ended July 31, 2024 and July 31, 2023 was $0 and $0 respectively.~~DIRECTOR

~~8. PREPAYMENTS~~ SCHEDULE ~~AND~~OF ~~DEPOSITS~~LOAN FROM DIRECTOR

SCHEDULE OF PREPAYMENTS AND DEPOSITS

	As of July 31, 2025		As of July 31, 2024
	(Audited)		(Audited)
Current	$	445,001	$	262,834
Non-current		-		114,071
Total loan from director	$	445,001	$	376,905

	As of		As of
	July 31, 2024		July 31, 2023
	(Audited)		(Audited)
Prepayments	$	3,150	$	4,017
Deposits		1,800		5,247
Total prepayments and deposits	$	4,950	$	9,264

Current portion of the loan provided by director Niu Yen-Yen is unsecured, interest-free and repayable upon demand.

9The long-term loan provided by director Niu Yen-Yen is unsecured, interest-free and repayable in year 2024, for working capital purpose. ~~AMOUNT~~The ~~DUE~~long-term ~~FROM~~loan ~~RELATED~~is ~~PARTY~~further extended to repayment in year 2026 with a loan agreement entered on August 2, 2023.

~~SCHEDULE~~10. OTHER OFPAYABLES ~~DUE~~AND ~~FROM~~ACCRUED ~~RELATED PARTY~~LIABILITIES

	As of		As of
	July 31, 2024		July 31, 2023
	(Audited)		(Audited)
Tien Mu International Co., Ltd1	$	-	$	2,112
Total amount due from related party	$	-	$	2,112

1 Tien Mu International Co., Ltd is owned by Ms. Niu Yen-Yen, the Director and Chief Executive Officer of the Company. Tien Mu International Co., Ltd is an operating agent of the Company’s operation in Taiwan, which collects deposits from franchisees on behalf of the Company.

	As of		As of
	July 31, 2025		July 31, 2024
	(Audited)		(Audited)
Other payables	$	37,881	$	37,584
Accrued audit fees		15,000		15,000
Accrued professional fees		5,000		5,180
Total other payables and accrued liabilities	$	57,881	$	57,764

F-1617

VANGUARD GREEN INVESTMENT LIMITED

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

FOR THE YEARS ENDED JULY 31, ~~2024~~2025 AND ~~2023~~2024

(Currency expressed in United States Dollars (“US$”), except for number of shares)

1011. ~~INVENTORIES~~AMOUNT DUE TO RELATED PARTY

SCHEDULE OF ~~INVENTORIES~~DUE TO RELATED PARTIES

	As of		As of
	As of July 31, 2025		As of July 31, 2024
	July 31, 2024		July 31, 2023
	(Audited)		(Audited)
Finished goods, at cost	$	-	$	1,333
Hsieh, Chang-Chung1		93,176		93,176
Total inventories	$	-	$	1,333
Tien Mu International Co., Ltd2		3,337		3,337
	$	96,513	$	96,513

11. LOAN FROM THIRD PARTY

¹	Hsieh, Chang-Chung was the Chief Financial Officer (“Principal Financial Officer”, “Principal Accounting Officer”) of the Company, and the amount represents the salary expense accrued. On November 1, 2022, Mr. Hsieh resigned as Chief Financial Officer of the Company.

²	Tien Mu International Co., Ltd is owned by Ms. Niu Yen-Yen, the Director and Chief Executive Officer of the Company. The amount due represents general and administrative expenses paid on behalf by the related party.

~~SCHEDULE~~The amounts OFdue ~~LOAN~~to ~~FROM~~related ~~THIRD~~party ~~PARTY~~are unsecured, interest-free and repayable on demand and for working capital purpose.

	As of July 31, 2024		As of July 31, 2023
	(Audited)		(Audited)
Shang Hai Shi Ba Enterprise Management Centre	$	131,835	$	95,988
Total loan from third party	$	131,835	$	95,988

12. INCOME TAXES

AsFor ofthe year ended July 31, 2025 and July 31, 2024, ~~loan~~the ~~from~~local ~~third~~(United ~~party~~States) ~~amounted~~and toforeign ~~$131,835~~components ~~was~~of ~~assumed~~loss ~~from~~before ~~the~~income ~~liability~~taxes were comprised of ~~discontinued~~the ~~operations.~~following:

~~The loan~~SCHEDULE isOF ~~unsecured,~~LOSS ~~interest-free~~BEFORE ~~and~~INCOME ~~repayable in year 2024 and year 2025. It is further extended to repayment in year 2026 with a loan agreement entered on August 2, 2023.~~TAX

12. LOAN FROM DIRECTOR

	Year ended July 31, 2025			Year ended July 31, 2024
	(Audited)			(Audited)
Tax jurisdictions from:
- Local	$	(71,699	)	$	(78,325	)
- Foreign, representing
Seychelles		(1,600	)		(1,600	)
Hong Kong		(3,479	)		(5,772	)
People’s Republic of China (“PRC”)		-			-
Foreign
Loss before income tax	$	(76,778	)	$	(85,697	)

~~SCHEDULE~~The provision OFfor ~~LOAN~~income ~~FROM~~taxes ~~DIRECTOR~~ from consisted of the following:

	As of July 31, 2024		As of July 31, 2023
	(Audited)		(Audited)
Current	$	262,834	$	170,805
Non-current		114,071		110,985
Total loan from director	$	376,905	$	281,790

SCHEDULE OF PROVISION FOR INCOME TAXES

Current portion of the loan provided by director Niu Yen-Yen is unsecured, interest-free and repayable upon demand.

		Year ended July 31, 2025		Year ended July 31, 2024
		(Audited)		(Audited)
Current:
- Local	$	-	$	-
- Foreign		-		-

Deferred:
- Local		-		-
- Foreign		-		-

Income tax expense	$	-	$	-

AsThe ofeffective ~~July~~tax ~~31,~~rate ~~2024,~~in ~~long-term~~the ~~loan~~periods ~~provided~~presented byis ~~director~~the ~~Niu~~result ~~Yen-Yen,~~of ~~amounted~~the tomix $of ~~114,071~~income ~~was~~earned ~~assumed~~in ~~from~~various ~~the~~tax ~~liability~~jurisdictions ofthat apply a broad ~~discontinued~~range ~~operations.~~of Itincome istax ~~unsecured,~~rates. ~~interest-free~~The Company and ~~repayable~~its insubsidiary ~~year~~that ~~2024,~~operate ~~for~~in ~~working~~various ~~capital~~countries: ~~purpose.~~United ~~The~~States, ~~long-term~~Seychelles, ~~loan~~Hong Kong, and isPRC ~~further~~that ~~extended~~are subject to ~~repayment~~taxes in ~~year~~the ~~2026~~jurisdictions ~~with~~in awhich ~~loan~~they ~~agreement entered on August 2~~operate, ~~2023.~~as follows:

~~13.~~United ~~OTHER~~States ~~PAYABLES~~of ~~AND ACCRUED LIABILITIES~~America

~~SCHEDULE~~The Company OFis ~~OTHER~~registered ~~PAYABLES~~in ~~AND~~the ~~ACCRUED~~State ~~LIABILITIES~~ of Nevada and is subject to the tax laws of the United States of America. As of July 31, 2025, the operations in the United States of America incurred $943,674 of cumulative net operating losses which can be carried forward indefinitely to offset a maximum of 80% future taxable income. The Company has provided for a full valuation allowance of $754,939 against the deferred tax assets on the expected future tax benefits from the net operating loss carryforwards as the management believes it is more likely than not that these assets will not be realized in the future.

	As of		As of
	July 31, 2024		July 31, 2023
	(Audited)		(Audited)
Other payables	$	37,584	$	40,854
Accrued audit fees		15,000		15,000
Accrued professional fees		5,180		9,600
Total other payables and accrued liabilities	$	57,764	$	65,454

Seychelles

AsUnder the current laws of ~~July~~the 31Seychelles, ~~2024,~~MU ~~other payables~~Worldwide ~~include~~Group ~~loan~~Limited ~~amounted~~is toregistered $as ~~37,584~~an ~~assumed~~international ~~from~~business company and governed by the International ~~liability~~Business Companies Act of ~~discontinued~~Seychelles. ~~operations~~There is no income tax charged in Seychelles.

~~F-17~~Hong Kong

~~VANGUARD~~MU ~~GREEN~~Global ~~INVESTMENT~~Holding ~~LIMITED~~Limited is subjected to Hong Kong Profits Tax, which is charged at the statutory income tax rate of 16.5% on its assessable income.

~~NOTES TO CONSOLIDATED FINANCIAL STATEMENTS~~F-18

~~FOR~~VANGUARD ~~THE~~GREEN ~~YEARS~~INVESTMENT ~~ENDED JULY 31, 2024 AND 2023~~LIMITED

~~(Currency~~NOTES ~~expressed~~TO inCONSOLIDATED ~~United~~FINANCIAL ~~States Dollars (“US$”), except for number of shares)~~STATEMENTS

~~14.~~FOR ~~AMOUNT~~THE ~~DUE~~YEARS TOENDED ~~RELATED~~JULY ~~PARTY~~31, 2025 AND 2024

~~SCHEDULE~~(Currency expressed OFin ~~DUE~~United TOStates ~~RELATED~~Dollars ~~PARTIES~~(“US$”), except for number of shares)

	As of July 31, 2024		As of July 31, 2023
	(Audited)		(Audited)
Hsieh, Chang-Chung1		93,176		93,176
Tien Mu International Co., Ltd2		3,337		-
	$	96,513	$	93,176

13. CONCENTRATIONS OF RISKS

1	Hsieh, Chang-Chung was the Chief Financial Officer (“Principal Financial Officer”, “Principal Accounting Officer”) of the Company, and the amount represents the salary expense accrued. On November 1, 2022, Mr. Hsieh resigned as Chief Financial Officer of the Company.
2	Tien Mu International Co., Ltd is owned by Ms. Niu Yen-Yen, the Director and Chief Executive Officer of the Company. The amount due represents general and administrative expenses paid on behalf by the related party.

(a) Major customers

~~The~~For ~~amounts~~the ~~due~~years toended ~~related~~July ~~party are unsecured~~31, ~~interest-free~~2025 ~~with~~and noJuly ~~fixed~~31, ~~repayment~~2024, ~~term~~the ~~and~~Company ~~for~~did ~~working~~not ~~capital~~generate ~~purpose~~revenue.

~~15.~~(b) ~~INCOME~~Major ~~TAXES~~suppliers

For the ~~year~~years ended July 31, ~~2024~~2025 and July 31, ~~2023~~2024, the ~~local~~Company ~~(United~~did ~~States)~~not ~~and~~have ~~foreign components of (loss)/profit before income taxes were comprised of the following:~~purchases.

~~SCHEDULE~~(c) Major OFsuppliers ~~LOSS~~for ~~BEFORE~~property, ~~INCOME~~plant ~~TAX~~and equipment

	Year ended July 31, 2024			Year ended July 31, 2023
	(Audited)			(Restated)
Tax jurisdictions from:
- Local	$	(78,325	)	$	(53,650	)
- Foreign, representing
Seychelles		(1,600	)		(1,600	)
Hong Kong		(5,772	)		13,363
People’s Republic of China (“PRC”)		-			-
Foreign		(5,772	)		13,363
Loss before income tax	$	(85,697	)	$	(41,887	)

For the years ended July 31, 2025 and July 31, 2024, the Company did not purchase property, plant and equipment.

~~The~~(d) ~~provision~~Exchange ~~for~~rate ~~income taxes from consisted of the following:~~risk

~~SCHEDULE~~The operation OFof ~~PROVISION~~the ~~FOR~~Company’s ~~INCOME~~subsidiaries ~~TAXES~~in international markets results in exposure to movements in currency exchange rates. We have experienced foreign currency gains and losses due to the strengthening and weakening of the U.S. dollar. The potential of volatile foreign exchange rate fluctuations in the future could have a significant effect on our results of operations. The Company has not historically used financial instruments to hedge its foreign currency exchange rate risks.

		Year ended July 31, 2024		Year ended July 31, 2023
		(Audited)		(Audited)
Current:
- Local	$	-	$	-
- Foreign		-		-
Deferred:
- Local		-		-
- Foreign		-		-
Income tax expense	$	-	$	-

The currencies that create a majority of the Company’s exchange rate exposure are HK$ and TWD. The Company translates all assets and liabilities at the rate of exchange in effect at the balance sheet date and income and expense activity at the approximate rate of exchange at the transaction date.

The effective tax rate in the periods presented is the result of the mix of income earned in various tax jurisdictions that apply a broad range of income tax rates. The Company and its subsidiary that operate in various countries: United States, Seychelles, Hong Kong, and PRC that are subject to taxes in the jurisdictions in which they operate, as follows:F-19

~~United~~VANGUARD ~~States~~GREEN ofINVESTMENT ~~America~~LIMITED

~~The~~NOTES ~~Company~~TO isCONSOLIDATED ~~registered~~FINANCIAL in the State of Nevada and is subject to the tax laws of the United States of America. As of July 31, 2024, the operations in the United States of America incurred $571,559 of cumulative net operating losses which can be carried forward indefinitely to offset a maximum of 80% future taxable income. The Company has provided for a full valuation allowance of $457,247 against the deferred tax assets on the expected future tax benefits from the net operating loss carryforwards as the management believes it is more likely than not that these assets will not be realized in the future.STATEMENTS

~~Seychelles~~FOR THE YEARS ENDED JULY 31, 2025 AND 2024

~~Under~~(Currency ~~the~~expressed ~~current~~in ~~laws~~United ofStates ~~the~~Dollars ~~Seychelles~~(“US$”), MUexcept ~~Worldwide~~for ~~Group~~number ~~Limited is registered as an international business company and governed by the International Business Companies Act~~ of ~~Seychelles. There is no income tax charged in Seychelles.~~shares)

~~Hong~~14. ~~Kong~~SEGMENT INFORMATION

MUASC ~~Global~~280, ~~Holding~~“Segment ~~Limited~~Reporting” isestablishes ~~subjected~~standards tofor ~~Hong~~reporting ~~Kong~~information ~~Profits~~about ~~Tax,~~operating ~~which~~segments ison ~~charged~~a atbasis consistent with the ~~statutory~~Company’s ~~income~~internal ~~tax~~organization ~~rate~~structure ofas 16well as information about services categories, business segments and major customers in financial statements.5% The Company has two reportable segments based on ~~its~~business ~~assessable~~unit, investment holding and wellness and beauty services ~~income~~and three reportable segments based on country, Nevada, Seychelles and Hong Kong.

~~Shanghai~~The Company adopted the ASU 2023-07, “Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures”, which expands annual and interim disclosure requirements for reportable segments, primarily through enhanced disclosures about significant segment expenses.

MUIn accordance ~~Global~~with ~~Health~~the ~~Management~~“Segment ~~(Shanghai)~~Reporting” ~~Limited~~Topic ~~operates~~of the ASC, the Company’s chief operating decision maker has been identified inas the ~~PRC~~Chief Executive Officer and isPresident, ~~subjected~~who reviews operating results to ~~the~~make ~~Corporate~~decisions ~~Income~~about ~~Tax~~allocating ~~governed~~resources byand assessing performance for the ~~Income~~entire ~~Tax~~Company. ~~Law~~Existing ofguidance, ~~the~~which ~~PRC~~is ~~with~~based on a ~~unified~~management ~~statutory~~approach ~~income~~to ~~tax~~segment reporting, establishes requirements ~~rate~~to report selected segment information quarterly and to report annually entity-wide disclosures about products and services, major customers, and the countries in which the entity holds material assets and reports revenue. All material operating units qualify for aggregation under “Segment Reporting” due to their similar customer base and similarities in economic characteristics; nature of ~~25%~~ products and services; and procurement, manufacturing and distribution processes.

~~F-18~~SCHEDULE OF SEGMENT REPORTING INFORMATION

VANGUARD GREEN INVESTMENT LIMITED

	Investment holding			Wellness and beauty services			Total
By Business Unit	For the year ended July 31, 2025
	Investment holding			Wellness and beauty services			Total

Revenue	$	-		$	-		$	-
Cost of revenue		-			-			-
Other income		-			5			5
General and administrative expenses		(62,436	)		(3,484	)		(65,920	)
Finance cost		(10,863	)		-			(10,863	)
Net loss before taxation		(73,299	)		(3,479	)		(76,778	)

Total assets	$	15,166		$	92		$	15,258

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

	Nevada			Seychelles			Hong Kong			Total
By Country	For the year ended July 31, 2025
	Nevada			Seychelles			Hong Kong			Total

Revenue	$	-		$	-		$	-		$	-
Cost of revenue		-			-			-			-
Other income		-			-			5			5
General and administrative expenses		(60,836	)		(1,600	)		(3,484	)		(65,920	)
Finance cost		(10,863	)		-			-			(10,863	)
Net loss before taxation		(71,699	)		(1,600	)		(3,479	)		(76,778	)

Total assets	$	15,165		$	1		$	92		$	15,258

FOR THE YEARS ENDED JULY 31, 2024 AND 2023

	Investment holding			Wellness and beauty services			Total
By Business Unit	For the year ended July 31, 2024
	Investment holding			Wellness and beauty services			Total

Revenue	$	-		$	-		$	-
Cost of revenue		-			-			-
Other income		16,929			3,015			19,944
General and administrative expenses		(96,854	)		(8,787	)		(105,641	)
Net loss before taxation		(79,925	)		(5,772	)		(85,697	)

Total assets	$	3,151		$	13,851		$	17,002

(Currency expressed in United States Dollars (“US$”), except for number of shares)

	Nevada			Seychelles			Hong Kong			Total
By Country	For the year ended July 31, 2024
	Nevada			Seychelles			Hong Kong			Total

Revenue	$	-		$	-		$	-		$	-
Cost of revenue		-			-			-			-
Other income		16,929			-			3,015			19,944
General and administrative expenses		(95,254	)		(1,600	)		(8,787	)		(105,641	)
Net loss before taxation		(78,325	)		(1,600	)		(5,772	)		(85,697	)

Total assets	$	3,150		$	1		$	13,851		$	17,002

1615. ~~CONCENTRATIONS~~SUBSEQUENT ~~OF RISKS~~EVENTS

~~(a)~~In ~~Major~~accordance ~~customers~~with ASC Topic 855, “Subsequent Events”, which establishes general standards of accounting for and disclosure of events that occur after the balance sheet date but before financial statements are issued, the Company has evaluated all subsequent events through the filing date of this Form 10-K with the SEC, to ensure that this filing includes appropriate disclosure of events both recognized in the financial statements as of July 31, 2025, and events which occurred subsequently but were not recognized in the financial statements. During the year, there was no subsequent event that required recognition or disclosure.

~~For the year ended July 31, 2024 and 2023, the customers who accounted for 10% or more of the Company’s revenues and its accounts receivable balance at year end are presented as follows:~~F-20

SCHEDULE OF CONCENTRATION OF RISK

	2024		2023		2024			2023			2024		2023
	Revenues				Percentage of revenues						Accounts receivable, trade
	(Audited)				(Audited)						(Audited)
Customer A	$	-	$	120,938		-	%		83	%		-		-
Customer B		-		17,171		-	%		12	%		-		-
	$	-	$	138,109		-	%		95	%	$	-	$	-

(b) Major suppliers

For the year ended July 31, 2024 and 2023, the vendors who accounted for 10% or more of the Company’s purchase and its accounts payable balances at year end are presented as follows:

	2024		2023		2024			2023			2024		2023
	Purchases				Percentage of purchases						Accounts payable, trade
	(Audited)				(Audited)						(Audited)
Vendor A	$	-	$	108,844		-	%		100	%	$	-	$	-
	$	-	$	108,844		-	%		100	%	$	-	$	-

For the years ended July 31, 2024 and July 31, 2023, the Company did not purchase property, plant and equipment.

(d) Exchange rate risk

The operation of the Company’s subsidiaries in international markets results in exposure to movements in currency exchange rates. We have experienced foreign currency gains and losses due to the strengthening and weakening of the U.S. dollar. The potential of volatile foreign exchange rate fluctuations in the future could have a significant effect on our results of operations. The Company has not historically used financial instruments to hedge its foreign currency exchange rate risks.

The currencies that create a majority of the Company’s exchange rate exposure are RMB, HK$, and TWD. The Company translates all assets and liabilities at the rate of exchange in effect at the balance sheet date and income and expense activity at the approximate rate of exchange at the transaction date.

F-19

VANGUARD GREEN INVESTMENT LIMITED

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

FOR THE YEARS ENDED JULY 31, 2024 AND 2023

(Currency expressed in United States Dollars (“US$”), except for number of shares)

17. RELATED PARTY TRANSACTIONS

For the year ended July 31, 2024 and 2023, the Company has following transactions with related parties:

SCHEDULE OF OUTSTANDING PAYABLE TO RELATED PARTY

	Year ended July 31, 2024		Year ended July 31, 2023
	(Audited)		(Audited)
Professional fee paid:
- Related party A	$	14,700	$	16,080
Professional fee	$	14,700	$	16,080
Consultation fee paid:
- Related party B	$	-	$	8,100
Consultation fee	$	-	$	8,100
Total	$	14,700	$	24,180

Related party A is the fellow subsidiaries of a corporate shareholder of the Company. Related party B is the shareholder of the Company.

For the year ended July 31, 2024, the Company incurred professional fees of $14,700 due to related party A. Related party B is consultant of the Company and has provided consultancy service for business operation.

18. SEGMENT INFORMATION

ASC 280, “Segment Reporting” establishes standards for reporting information about operating segments on a basis consistent with the Company’s internal organization structure as well as information about services categories, business segments and major customers in financial statements. In accordance with the “Segment Reporting” Topic of the ASC, the Company’s chief operating decision maker has been identified as the Chief Executive Officer and President, who reviews operating results to make decisions about allocating resources and assessing performance for the entire Company. Existing guidance, which is based on a management approach to segment reporting, establishes requirements to report selected segment information quarterly and to report annually entity-wide disclosures about products and services, major customers, and the countries in which the entity holds material assets and reports revenue. All material operating units qualify for aggregation under “Segment Reporting” due to their similar customer base and similarities in economic characteristics; nature of products and services; and procurement, manufacturing and distribution processes.

The Company had no inter-segment sales for the years presented. Summarized financial information concerning the Company’s reportable segments is shown as below:

SCHEDULE OF SEGMENT REPORTING INFORMATION

By Geography:

	For the year ended July 31, 2024
	Nevada			Seychelles			Hong Kong				Total
Revenue	$	-		$	-		$	-		-	$	-
Cost of revenue		-			-			-				-
Other income		16,929			-			3,015				19,944
Selling and marketing expenses		-			-			-				-
General and administrative expenses		(95,254	)		(1,600	)		(8,787	)			(105,641	)
Net loss before taxation		(78,325	)		(1,600	)		(5,772	)			(85,697	)
Total assets	$	3,150		$	1		$	13,851		-	$	17,002

	For the year ended July 31, 2023 (Restated)
	Nevada			Seychelles			Hong Kong			China		Total
Revenue	$	-		$	-		$	120,938		$	-	$	120,938
Cost of revenue		-			-			(108,844	)		-		(108,844	)
Other income		-			-			14,038			-		14,038
Selling and marketing expenses		-			-			(200	)		-		(200	)
General and administrative expenses		(53,650	)		(1,600	)		(12,569	)		-		(67,819	)
Net (loss)/profit before taxation		(53,650	)		(1,600	)		13,363			-		(41,887	)
Total assets	$	3,150		$	1		$	8,254		$	12,136	$	23,541

19. SUBSEQUENT EVENTS

In accordance with ASC Topic 855, “Subsequent Events”, which establishes general standards of accounting for and disclosure of events that occur after the balance sheet date but before financial statements are issued, the Company has evaluated all subsequent events through the filing date of this Form 10-K with the SEC, to ensure that this filing includes appropriate disclosure of events both recognized in the financial statements as of July 31, 2024, and events which occurred subsequently but were not recognized in the financial statements. During the year, there was no subsequent event that required recognition or disclosure.

F-20

Trademark	40201907290T		MU Global Holding Limited	Singapore	April 4, 2019 For 10 years

		[Class 03]

Trademark	1440029207		MU Global Holding Limited	Saudi Arabia	July 31, 2019 to April 11, 2029

		[Class 44]

Trademark	1440029205		MU Global Holding Limited	Saudi Arabia	July 30, 2019 to April 10, 2029

		[Class 11]

Trademark	1440029204		MU Global Holding Limited	Saudi Arabia	July 30, 2019 to April 10, 2029

		[Class 03]

Trademark	314481		MU Global Holding Limited	United Arab Emirates	July 25, 2019 For 10 years

		[Class 44]

Trademark	314479		MU Global Holding Limited	United Arab Emirates	July 25, 2019 For 10 years

		[Class 11]

Trademark	314480		MU Global Holding Limited	United Arab Emirates	July 25, 2019 For 10 years

		[Class 35]

Trademark	304770982		MU Global Holding Limited	Hong Kong	December 14, 2018 For 10 years

Filing Compare · Vanguard Green Investment Ltd