XML 37 R8.htm IDEA: XBRL DOCUMENT
v3.25.3

Organization and Business Background | 12 Months Ended
--- | ---
Jun. 30, 2025
Organization and Business Background [Abstract] |
Organization and Business Background | (1) Organization and Business Background On May 21, 2021, Millennium Group International Holdings Limited (the “Company” or the “Group”) was incorporated in the Cayman Islands, as an investment holding company. The Company primarily provides paper-based packaging solutions. The Company is headquartered in Hong Kong with significant operations in the People’s Republic of China (“PRC” or China) and Vietnam. The Company operates two production facilities in the Guangdong Province of the PRC. The Company also operates a supply chain management business in Vietnam to provide premium packaging solutions to meet the demand of the Company’s top-tier clients whose products are sold globally. A reorganization of the legal structure was completed on January 19, 2022. As the Group was under control of the same shareholders and their entire equity interests were held by the same shareholders immediately prior to the group reorganization, the consolidated statements of operations and comprehensive loss, consolidated statements of changes in shareholders’ equity and consolidated statements of cash flows are prepared as if the current group structure had been in existence throughout the year ended June 30, 2022. Initial Public Offering On April 4, 2023, the Company announced the closing of its initial public offering (“IPO”) of 1,250,000 ordinary shares, US$0.002 par value per share (“Ordinary Shares”) at US$4.00 per share for US$5,000,000 in gross proceeds. The Company raised net proceeds of $4.2 million after deducting underwriting discounts and commissions and offering expenses. In addition, the Company granted its underwriters, Revere Securities, LLC, as the Underwriter Representative, an option for 45 days after the closing of the IPO to purchase up to 15% of the total number of the Company’s ordinary shares to be offered by the Company pursuant to the IPO (excluding shares subject to this option), solely for the purpose of covering overallotments, at the IPO price less the underwriting discount. The ordinary shares of the Company began trading on the Nasdaq Capital Market on April 6, 2023 under the ticker symbol “MGIH”. As of June 30, 2025, the Company’s subsidiaries are detailed in the table as follows:
|  | Date of Incorporation |  | Place of Incorporation |  | Percentage of Ownership |  |  |
Name |  | or Establishment |  | or Establishment |  | (directly/indirectly) |  |  | Principal Activities
Subsidiary: |  |  |  |  |  |  |  |  |
Millennium Investment International Limited |  | September 13, 2019 |  | HK |  |  | 100 | % |  | Investment holding
Millennium Printing (Shenzhen) Co., Ltd |  | December 3, 2007 |  | The PRC |  |  | 100 | % |  | Investment holding and Manufacturing of paper-based packaging
Putian Xiqi Branding Strategy Co., Ltd |  | September 30, 2017 |  | The PRC |  |  | 100 | % |  | Trading of paper-based packaging
Millennium Packaging Technology (Huizhou) Co., Ltd. |  | March 6, 2020 |  | The PRC |  |  | 100 | % |  | Dormant
Millennium (Huizhou) Technology Co., Ltd. |  | January 19, 2020 |  | The PRC |  |  | 100 | % |  | Property holding
Huizhou Yimeinuo Industry Co., Ltd. |  | April 7, 2017 |  | The PRC |  |  | 100 | % |  | Property holding
Millennium Strategic International Limited |  | November 13, 2019 |  | HK |  |  | 100 | % |  | Investment holding
Wah Tong Investment International Limited |  | October 18, 2019 |  | HK |  |  | 100 | % |  | Dormant
Yee Woo Paper Investment International Limited |  | November 15, 2019 |  | HK |  |  | 100 | % |  | Dormant
Millennium Printing International Limited |  | May 12, 2000 |  | HK |  |  | 100 | % |  | Trading of paper based packaging
Millennium Packaging Group International Limited |  | August 13, 2003 |  | HK |  |  | 100 | % |  | Investment holding and trading
Yee Woo Paper Packaging (HK) Company Limited |  | December 13, 2018 |  | HK |  |  | 100 | % |  | Trading of paper-based packaging
MPG Global Company Limited |  | March 9, 2018 |  | Vietnam |  |  | 100 | % |  | Trading of paper-based packaging
Millennium Group Investment (BVI) Limited |  | May 20. 2021 |  | BVI |  |  | 100 | % |  | Investment holding
Millennium Holdings International Limited |  | September 23, 2019 |  | HK |  |  | 100 | % |  | Investment holding
Yee Woo Vietnam Paper Products Company Limited |  | August 3, 2022 |  | Vietnam |  |  | 100 | % |  | Dormant
Millennium Printing and Packaging Technology (Vietnam) Co. Ltd |  | June 4, 2024 |  | Vietnam |  |  | 100 | % |  | Manufacturing of paper-based packaging
MPG Global Investment PTE.LTD |  | September 10, 2024 |  | Singapore |  |  | 100 | % |  | Investment holding
MPG Creative Solution (SG) PTE. LTD |  | March 10, 2025 |  | Singapore |  |  | 80 | % |  | Dormant
PT Millennium Investment Indonesia |  | April 23, 2025 |  | Indonesia |  |  | 100 | % |  | Investment holding
PT Millennium Printing and Packaging Technology |  | June 26, 2025 |  | Indonesia |  |  | 100 | % |  | Dormant

X
- References No definition available. + Details
Name: | us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for organization, consolidation and basis of presentation of financial statements disclosure. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480424/946-10-50-1 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480424/946-10-50-2 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 810 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/810/tableOfContent Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 205 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 3 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480922/205-10-S99-3 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 205 -SubTopic 10 -Name Accounting Standards Codification -Section S45 -Paragraph 5 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481034/205-10-S45-5 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Topic 205 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/205/tableOfContent + Details
Name: | us-gaap_OrganizationConsolidationAndPresentationOfFinancialStatementsDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration