Millennium Group International Holdings Ltd director Cheng Hon Kit filed an initial ownership report stating that he currently has no securities beneficially owned in the company. The Form 3 confirms his status as a director and indicates there are no non-derivative or derivative holdings to report.
Millennium Group International Holdings Limited filed its Form 20‑F for the year ended June 30, 2025, reporting revenue of $25,334,149 and a net loss of $6,315,385 (loss per share $0.56). Gross profit was $4,685,118 as cost pressures and lower sales reduced operating results.
Total assets were $36,247,084, liabilities $11,337,136, and shareholders’ equity $24,909,948. Cash and cash equivalents were $10,689,219, with operating cash outflow of $1,719,389. Current bank borrowings were $6,108,552. 11,250,000 ordinary shares were issued and outstanding as of June 30, 2025.
The report outlines regulatory and operating risks related to doing business in China, including CSRC filing requirements for future overseas offerings, cybersecurity and data rules, capital controls affecting dividend remittances, and legal enforcement uncertainties.