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 UNITED
STATES

 SECURITIES
AND EXCHANGE COMMISSION

 Washington,
D.C. 20549

 FORM

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

 For
The Fiscal Year Ended July 31, 2025

 or

 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

Green Investment Limited

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

 30-1089215

 (State
 or other jurisdiction of

 incorporation
 or organization)

 (I.R.S.
 Employer

 Identification
 No.)

 4F.,
No. 33, Ln. 258, Sec. 2, Jianguo N. Rd., Zhongshan
Dist.,

 Taipei
City 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

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

 Yes
 No

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

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

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

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.

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.

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).

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:

 No t
Applicable

 APPLICABLE
ONLY TO ISSUERS INVOLVED IN BANKRUPTCY

 PROCEEDINGS
DURING THE PRECEDING FIVE YEARS:

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

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, 2025

 Common Stock, $.0001 par
 value

Green Investment Limited

 FORM

 For
the Fiscal Year Ended July 31, 2025

 Page
 #

 Item
 1.

 Business

 Item
 1A.

 Risk Factors

 Item
 1B.

 Unresolved Staff Comments

 Item 1C.

 Cybersecurity

 Item
 2.

 Properties

 Item
 3.

 Legal Proceedings

 Item
 4.

 Mine Safety Disclosure

 Item
 5.

 Market for Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities

 Item
 6.

 Selected Financial Data

 Item
 7.

 Management's Discussion and Analysis of Financial Condition and Results of Operations

 Item
 7A.

 Quantitative and Qualitative Disclosures About Market Risk

 Item
 8.

 Financial Statements and Supplementary Data

 Item
 9.

 Changes in and Disagreements with Accountants on Accounting and Financial Disclosure

 Item
 9A.

 Controls and Procedures

 Item
 9B.

 Other Information

 Item
 10.

 Directors, Executive Officers and Corporate Governance

 Item
 11.

 Executive Compensation

 Item
 12.

 Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters

 Item
 13.

 Certain Relationships and Related Transactions, and Director Independence

 Item
 14.

 Principal Accounting Fees and Services

 Item
 15.

 Exhibits, Financial Statement Schedules

 SIGNATURES

 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").

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.

 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.

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

 %

 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

 %

 Business
Overview

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 & 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 subsidiary in respective jurisdictions of which the subsidiary operates in. Currently, the Company is also applying for trademarks in other jurisdictions
it intends to expand its operation into.

 Category

 Registration
 Number

 Trade
 Marks Logo

 Ownership

 Country

 Effective
 Date and Duration

 304770982

 35]

 MU

 Hong
 Kong

 July
 12, 2019

 For

 Years

 304770991

 11,44]

 MU

 Hong
 Kong

 June
 20, 2019

 For
 10 Years

 40201907290T

 MU

 Singapore

 April
 4, 2019

 For

 03]

 1440029207

 MU

 Saudi
 Arabia

 July
 31, 2019 to April 11, 2029

 44]

 1440029205

 MU

 Saudi
 Arabia

 July
 30, 2019 to April 10, 2029

 11]

 1440029204

 MU

 Saudi
 Arabia

 July
 30, 2019 to April 10, 2029

 03]

 314481

 MU

 United
 Arab Emirates

 July
 25, 2019

 For

 44]

 314479

 MU

 United
 Arab Emirates

 July
 25, 2019

 For

 11]

 314480

 MU

 United
 Arab Emirates

 July
 25, 2019

 For

 35]

 304770982

 MU

 Hong
 Kong

 December
 14, 2018

 For

 Patent

 On
June 22 2021, Intellectual Property Office of Singapore officially granted one invention patent to MU Global Holding Limited (HK) for
a duration period of 20 years, with an effective date from September 11, 2019.

 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

 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  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, 2025, the Company has not generated revenue from customers under the ordinary course of business.

 Employees

 As
of July 31, 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 1C. CYBERSECURITY

 Risk management and strategy

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

 We plan to strategically
incorporate cybersecurity risk management into all our comprehensive risk management framework, fostering a corporate culture that prioritizes
cybersecurity at all levels. This integration shall be done in stages so as to guarantee that cybersecurity factors are ingrained in our
decision-making processes throughout the organization. We plan to incorporate a risk management team to collaborate closely with the IT
department, consistently assessing and mitigating cybersecurity risks in alignment with our business goals and operational requirements.

 We recognize the intricate
and ever-changing nature of cybersecurity threats. To address 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.

 Understanding the potential
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.

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

 Governance

 The Board of Directors is
fully aware of the vital importance of managing cybersecurity risks. To ensure effective governance in handling these risks, the Board
shall implement a strong oversight mechanisms. This reflects our understanding of the significant impact these threats can have on operational
integrity and stakeholder confidence.

 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.

 ITEM
2. PROPERTIES

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

 ITEM
3. LEGAL PROCEEDINGS

 From
time 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.

 ITEM
4. MINE SAFETY DISCLOSURES

 Not
applicable.

 PART
II

 ITEM
5. MARKET FOR REGISTRANT'S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES

 Holders

 As
of July 31, 2025, we had 59,434,838 shares of our Common Stock par value, $.0001 issued and outstanding. There were 161 beneficial owners
of our Common Stock.

 Transfer
Agent and Registrar

 The
transfer agent 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.

 Penny
Stock Regulations

 The
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 $5.00 per share. 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).

 For
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 transaction. 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.

 Dividend
Policy

 Any
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 purpose. We are under no obligations or restrictions to declare or 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.

 Equity
Compensation Plan Information

 Currently,
there is no equity compensation plan in place.

 Unregistered
Sales of Equity Securities

 Currently,
there is no unregistered sales of equity securities.

 Purchases
of Equity Securities by the Registrant and Affiliated Purchasers

 We
have not repurchased any shares of our common stock during the fiscal year ended July 31, 2025.

 ITEM
6. SELECTED FINANCIAL DATA

 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
7. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

 The
following discussion 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.

 Certain
statements in this Report constitute forward-looking statements. These forward-looking statements include statements, 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 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.

 The
forward-looking statements speak only as of the 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.

 Overview

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.

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

 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. We will, at least initially, primarily focus our efforts on attracting
customers in China. 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
of Operations

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

 Cost
of Revenue and Gross Margin

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

 Selling
and Marketing Expenses

 The
Company did not incur selling and distribution expenses for the year ended July 31, 2025 and 2024.

 General
and Administrative Expenses

 General
and administrative expenses 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.

 Other

 The
Company recorded an 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.

 Net
Loss

 Net
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.

 Liquidity
and Capital Resources

 As
of July 31, 2025 and 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.

 We
depend 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.

 Cash
Used in Operating Activities

 For
the year ended July 31, 2025 and 2024, net cash 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
Generated from Financing Activity

 For
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.

 Cash
Generated from Investing Activities

 For
the year ended July 31, 2025 and 2024, net cash generated from investing activities was $0 and $15,757 respectively. The investing cash
flow performance primarily reflects the purchase of trademarks and net proceeds from disposal of subsidiary and plant and equipment.

 Credit
Facilities

 We
do not have any credit facilities or other access to bank credit.

 Critical
Accounting Policies and Estimates

 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.

 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.

recognition

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.

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 revenues

 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.

 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.

 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

 years

 Computer
 hardware and software

 years

 Office
 equipment

 years

 Outlet
 design fee and equipment

 years

 Application
 development fee

 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 sale 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.

 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.

taxes

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.

 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.

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

 Going
concern

 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.

 For
the 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 flow 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.

 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.

 Net
loss per share

 The
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.

 Foreign
currencies translation

 Transactions
denominated in currencies other than the functional currency are translated into the functional currency at the exchange rates prevailing
at the dates of 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.

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

 In
general, for 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.

 Translation
of amounts from RMB, TWD and HK$ into US$1 has been made at the following exchange rates for the respective periods:

 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

 Related
parties

 Parties,
which can 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.

 Fair
value of financial instruments

 The
carrying 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.

 The
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:

 Level
 1: 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.

 Credit losses

 The Company
estimates and records a provision for its expected credit losses related to its financial instruments, including its trade receivables.
Management considers historical collection rates, 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.

 Credit loss
rate is determined by historical collection based on aging schedule, adjusted for current conditions 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.

 Recently
Adopted Accounting Standards

 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.

 Recent
accounting pronouncements

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

 In December
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.

 In November
2024, the FASB issued ASU 2024-03, Disaggregation of Income Statement Expenses. The new standard requires entities to disclose additional
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 effective
date in January 2025 with the issuance of ASU 2025-01, Income Statement – Reporting Comprehensive Income – Expense Disaggregation
Disclosures (Subtopic 220-40): Clarifying the Effective Date. The ASU is effective for fiscal years beginning after December 15, 2026,
and interim periods beginning after December 15, 2027. Companies have the option to apply this guidance either on a retrospective or prospective
basis, and early adoption is permitted.

 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.

 Off-Balance
Sheet Arrangements

 The
Company has no off-balance sheet arrangements

 ITEM
7A. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK

 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
8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

 The
financial statements required by this item are located in PART IV of this Annual Report.

 ITEM
9. CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND FINANCIAL DISCLOSURE

 None.

 ITEM
9A. CONTROLS AND PROCEDURES

 Disclosures
Control and Procedures

 Our
management is responsible for establishing and maintaining adequate 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, or under the
supervision of, the company's principal executive and principal financial officers and effected by the company's board of
directors, management and 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:

 Pertain
 to the maintenance of records that in reasonable detail 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 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.

 Because
of its inherent limitations, internal 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 controls may become 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
misstatements may not be prevented or detected on a timely basis by internal 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.

 As
of July 31, 2025, 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.

 Identified
Material Weakness

 A
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.

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

 We
do 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, due to poor oversight, governance and review to detect errors.

 Accordingly,
the Company concluded that these control deficiencies resulted in a reasonable possibility that a material misstatement of the annual
or interim financial statements will not be prevented or detected on a timely basis by the company's internal controls.

 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.

 Management's
Remediation Initiatives

 In
an effort to 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:

 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.

 We
anticipate that these initiatives will be at least partially, if not fully, implemented by the end of fiscal year 2025.

 Changes
in internal controls over financial reporting

 There
was no change in our internal controls over financial reporting that occurred during the year covered by this Report, which has materially
affected, or is reasonably likely to materially affect, our internal controls over financial reporting:

 This
annual report does not include an attestation report of the Company's registered independent public accounting firm regarding internal
control over financial reporting. Management's report was not subject to attestation by the Company's registered independent
public accounting firm pursuant to rules of the Securities and Exchange Commission that permit the Company to provide only management's
report in this Annual Report on Form 10-K.

 ITEM
9B. OTHER INFORMATION

 None.

 PART
III

 ITEM
10. DIRECTORS, EXECUTIVE OFFICERS AND CORPORATE GOVERNANCE

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

 NAME

 AGE

 POSITION

 Niu
 Yen-Yen

 Chief
 Executive Officer, Chief Financial Officer, President, Secretary, Treasurer, Director

 Set
forth below is a brief description of the background and business experience of our executive officer and director for the past five
years.

 Niu
Yen-Yen - President, Chief Executive Officer, Chief Financial Officer, Secretary, Treasurer, Director

 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.

 Ms.
Niu serves as Chief Executive Officer of Yu Qing International Co., Ltd. in Taiwan since 2006 and continues to hold this position at
present. In 2006, when she first started this company, she became 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 stone spa brand in Taiwan. In the same year, she
worked with Horien Biochemical Technology Co., Ltd. to develop and apply patent beauty care products such as Antirincle and Biofresh.

 In
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,  in order to reach consumers globally.

 On
November 1, 2022, Ms. Niu Yen Yen appointed as Chief Financial Officer of the Company.

 Ms.
Niu Yen-Yen's experience in corporate management and business development has led the Board of Directors to reach the conclusion
that she should serve as President, Chief Executive Officer, Chief Financial Officer and
Director of the Company.

 Hsieh
Chang-Chung - Chief Financial Officer

 In
1985, Mr. 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.

 Mr.
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.

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

 Corporate
Governance

 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 business conduct and ethics that governs the Company's employees, officers
and Directors as the Company is not required to do so.

 In
lieu of an Audit Committee, 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 of the Company review the Company's internal accounting controls, practices and policies.

 Committees
of the Board

 Our
Company currently does not have nominating, compensation, or audit committees or committees performing similar functions nor does our
Company have a written nominating, compensation or audit committee charter. Our Director(s) believes that it is not necessary to have
such committees, at this time, because the Director(s) can adequately perform the functions of such committees.

 Audit
Committee Financial Expert

 Our
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.

 We
believe that our Director(s) are capable of analyzing and evaluating our financial statements 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 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.

 Involvement
in Certain Legal Proceedings

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

 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;

 2.

 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, 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.

 Independence
of Directors

 We
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.

 Code
of Ethics

 We
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.

 Shareholder
Proposals

 Our
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.

 A
shareholder who 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.

 ITEM
11. EXECUTIVE COMPENSATION

 The
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, 2025, for services rendered in all capacities to us.

 Summary
Compensation Table:

 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

 -

 -

 -

 -

 -

 -

 -

 -

 Narrative
Disclosure to Summary Compensation Table

 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-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.

 Stock
Option Grants

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

 Employment
Agreements

 As
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.

 Compensation
Discussion and Analysis

 Director
Compensation

 Our
Board of Directors does not currently receive any consideration for their services as members of the Board of Directors. The 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.

 Executive
Compensation Philosophy

 Our
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.

 Incentive
Bonus

 The
Board of Directors may grant incentive bonuses to our executive 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.

 Long-term,
Stock Based Compensation

 In
order 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.

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

 As
of July 31, 2025, the Company has 59,434,838 shares of common stock issued and outstanding, which number of issued and outstanding shares
of common stock have been used throughout this report.

 The
following table sets forth, as of July 31, 2025 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:

 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., Ltd 1

 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
 %

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

 Beneficial
ownership has been determined in accordance with Rule 13d-3 under the Exchange Act. Under this rule, certain shares may be deemed to
be beneficially owned by more than one person (if, for example, persons share the power to vote or the power to dispose of the shares).
In addition, shares are deemed to be beneficially owned by a person if the person has the right to acquire shares (for example, upon
exercise of a n option or warrant) within 60 days of the date as of which the information is provided.
In computing the percentage ownership of any person, the amount of shares is deemed to include the amount of shares beneficially owned
by such person 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.

 (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.

 ITEM
13. CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS, DIRECTOR INDEPENDENCE

 On
June 4, 2018, Ms. Niu Yen-Yen was appointed Chief Executive Officer, President, Secretary, Treasurer and sole member of our Board of
Directors.

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

 On
June 5, 2018, Mr. Hsieh Chang-Chung was appointed Chief Financial Officer.

 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.

 MU
Global 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.

 On
July 6, 2018, Ms. Niu Yen-Yen and Server Int'l Co., Ltd. subscribed 25,000,000 and 11,000,000 restricted shares of common stock,
respectively, of the Company, at par value of $0.0001 per share. The monies from these transactions, which totaled $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 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.

 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.

 Greenpro
Asia Strategic SPC is controlled and managed by GC Investment Management Limited.

 Greenpro
Venture Capital Limited is owned by Greenpro Capital Corp. The controlling shareholders of Greenpro Capital Corp. are Lee Chong Kuang
and Loke Che Chan.

 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.

 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.

 From
August 1, 2020 to July 31, 2021, Ms. Niu Yen-Yen had 395,000 common stocks transferred in and had sold 3,364,921 shares of common stock.

 From
August 1, 2021 to July 31, 2022, Ms. Niu Yen-Yen had 55,522 shares of common stocks transferred in and had sold 6,800,000 shares of common
stock.

 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.

 Review,
Approval and Ratification of Related Party Transactions

 Given
our small size and limited financial resources, we have not adopted formal policies and procedures for the review, approval or ratification
of transactions, such as those described above, with our executive officer(s), Director(s) and significant stockholders. We intend to
establish formal policies and procedures in the future, once we have sufficient resources and have appointed additional Directors, so
that such transactions will be subject to the 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.

 ITEM
14. PRINCIPAL ACCOUNTING FEES AND SERVICES

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

 Audit fees

 $
 15,000

 $
 15,000

 Audit related fees

 10,500

 10,500

 Tax fees

 -

 -

 All other fees

 -

 -

 Total

 $
 25,500

 $
 25,500

 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.

 The
category of "Audit-related fees" includes employee benefit plan audits, internal control reviews and accounting consultation.

 All
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.

 PART
IV

 ITEM
15. EXHIBITS AND FINANCIAL STATEMENT SCHEDULES

 (a)
Financial Statements

 The
following are filed as part of this report:

Statements

 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:

 Page

 Report of Independent Registered Public Accounting Firm

 Statements

 Consolidated Balance Sheets

 Consolidated Statements of Operations and Comprehensive Loss

 Consolidated Statements of Changes in Stockholders' Equity

 Consolidated Statements of Cash Flows

 Notes to Consolidated Financial Statements

 – F-20

 (b)
Exhibits

 The
following exhibits are filed or "furnished" herewith:

 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*

 *
Filed herewith.

 **
As filed in the Registrant's Registration Statement on Form S-1 Amendment No.3 (File No. 333-228847) on April 30, 2019.

 SIGNATURES

 Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned, thereunto duly authorized.

 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)

TO FINANCIAL STATEMENTS

 Page

 Statements

 Report of Independent Registered Public Accounting Firm

 Consolidated Balance Sheets

 Consolidated Statements of Operations and Comprehensive Loss

 Consolidated Statements of Changes in Stockholders' Equity

 Consolidated Statements of Cash Flows

 Notes to Consolidated Financial Statements

 - F-20

 F- 1

 REPORT
OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

 The
Board of Directors and Stockholders of

Green Investment Limited

 4F.,
No. 33, Ln. 258, Sec. 2,

 Jianguo N. Rd.,

 Zhongshan
Dist., Taipei City 104482,

 Taiwan
(R.O.C.)

 Opinion
on the Financial Statements

 We
have audited the accompanying consolidated balance sheets of Vanguard Green Investment Limited and subsidiaries (the 'Company')
as of July 31, 2025 and 2024, and the related consolidated statements of operations and comprehensive loss, statements of changes in
stockholders' equity, and statements of cash flows for each of the years in the two-year period ended July 31, 2025 and 2024, and the
related notes (collectively referred to as the "financial statements"). In our opinion, the financial statements present
fairly, in all material respects, the financial position of the Company as of July 31, 2025 and 2024, and the results of its operations
and its cash flows for each of the years in the two-year period ended July 31, 2025 and 2024, in conformity with accounting principles generally
accepted in the United States of America.

 Substantial
Doubt About the Entity's Ability to Continue as a Going Concern

 The
accompanying 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.

 Basis
for Opinion

 These
financial statements are the responsibility of the 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 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.

 We
conducted our audits in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain
reasonable assurance about whether the financial statements are free of material misstatement, whether due to error or fraud. The Company
is not required to have, nor were we engaged to perform, an audit of its internal control over financial reporting. As part of our audits
we 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.

 Our
audits included performing procedures to assess the risks of material misstatement of the financial statements, whether due to error
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 basis for our opinion.

 Critical
Audit Matters

 The
critical audit matters below are matters arising from the current period audit of the financial statements that were communicated or
required to be communicated to
the Board 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.

 /s/
 JP CENTURION & PARTNERS PLT

 JP
 CENTURION & PARTNERS PLT (ID: 6723)

 We
 have served as the Company's auditor since 2021.

 Kuala
 Lumpur, Malaysia

 October
 24, 2025

 F- 2

 CONSOLIDATED
BALANCE SHEETS

 AS
OF JULY 31, 2025 and 2024

 2025

 2024

 As of July 31,

 2025

 2024

 ASSETS

 NON-CURRENT ASSETS

 Property, plant and equipment

 $
 -

 $
 -

 Leased asset – Right of use

 -

 -

 Total
 non-current assets, excluding intangible assets

 -

 -

 INTANGIBLE ASSET

 Patent and trademark

 $
 -

 $
 -

 Total non-current assets

 -

 -

 CURRENT ASSETS

 Cash and cash equivalents

 12,052

 Prepayments and deposits

 $
 15,165

 $
 4,950

 Total current assets

 TOTAL ASSETS

 $

 $

 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

 Foreign currency adjustment

 -

 -

 Accumulated deficit

 ( 2,560,821
)

 ( 2,484,043
)

 Total stockholders' deficit

 ( 724,578
)

 ( 647,800
)

 TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT

 $

 $

 See
accompanying notes to consolidated financial statements.

 F- 3

 CONSOLIDATED
STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS

 FOR

 For
 the year ended

 For
 the year ended

 REVENUE

 $
 -

 $
 -

 COST OF REVENUE

 -

 -

 GROSS PROFIT

 -

 -

 OTHER INCOME

 19,944

 SELLING AND MARKETING EXPENSES

 -

 -

 GENERAL AND ADMINISTRATIVE EXPENSES

 ( 65,920
)

 ( 105,641
)

 FINANCE COST

)

 -

 LOSS FROM CONTINUING OPERATIONS BEFORE INCOME TAXES

 $
)

 $
)

 INCOME TAXES PROVISION

 -

 -

 NET LOSS FROM CONTINUING OPERATIONS

)

)

 NET GAIN/(LOSS) FROM DISCONTINUED OPERATIONS

 Gain from disposal of subsidiary

 -

 64,050

 Loss from discontinued operations, net of tax

 -

 ( 4,388
)

 NET LOSS

)

 ( 26,035
)

 Other comprehensive loss:

 - Foreign exchange translation loss

 -

 ( 36,979
)

 TOTAL COMPREHENSIVE LOSS

 $
)

 $
 ( 63,014
)

 Net loss per share - Basic and diluted

 $
 ( 0.0013
)

 $
 ( 0.0004
)

 Weighted average number of common shares outstanding - Basic and diluted

 See
accompanying notes to consolidated financial statements.

 F- 4

 CONSOLIDATED
STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY

 FOR

 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

 $
 5,943

 $
 1,831,111

 $
 36,979

 $
 ( 2,458,008
)

 $
 ( 583,975
)

 Net loss for the year

 -

 -

 -

 -

)

)

 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

 $
 5,943

 $

 $
 -

 $
 ( 2,484,043
)

 $
 ( 647,800
)

 $
 5,943

 $

 $
 -

 $
 ( 2,484,043
)

 $
 ( 647,800
)

 Net loss for the year

 -

 -

 -

 -

)

)

 Balance as of July 31, 2025

 $
 5,943

 $

 $
 -

 $
 ( 2,560,821
)

 $
 ( 724,578
)

 $
 5,943

 $

 $
 -

 $
 ( 2,560,821
)

 $
 ( 724,578
)

 See
accompanying notes to consolidated financial statements

 F- 5

 CONSOLIDATED
STATEMENTS OF CASH FLOWS

 FOR

expressed in United States Dollars ("US$"))

 For the year ended

 For the year ended

 CASH FLOWS FROM OPERATING ACTIVITIES:

 Net loss from continuing operations

 $
)

 $
)

 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

 $

 $
 12,052

 See
accompanying notes to consolidated financial statements.

 F- 6

 NOTES

 FOR

 1.
 ORGANIZATION AND BUSINESS BACKGROUND

Green Investment Limited is organized as a Nevada limited liability company, incorporated on June 4, 2018. For purposes of consolidated
financial statement presentation, 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.

 On
June 29, 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 Limited, a private limited liability company incorporated in Hong Kong. On August 16,
2018, MU Global Holding Limited incorporated a wholly-owned subsidiary in Shanghai, People Republic of China under the name of MU Global
Health Management (Shanghai) Limited.

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

 Details
of the Company's subsidiaries:

OF COMPANY'S SUBSIDIARY

 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

 %

 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

 %

 F- 7

 NOTES

 FOR

 Business
Overview

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
the 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 are still in the early stage as there is a huge potential
for the industry to growth significantly. According to a report published by the Chinese State Department, the beauty and wellness industry
of 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).

 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, which 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 two business models:

 1.

 Tripartite
 co-operation and profit sharing model.

 2.

 Large-scale
 chain agent model

 3.

 Direct-
 service store model

 2.
 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

 The
accompanying consolidated financial statements reflect the application of certain significant accounting policies as described in this
note and elsewhere in the accompanying consolidated financial statements and notes.

 Basis
of presentation

 These
accompanying consolidated financial statements have been prepared in accordance with generally accepted accounting principles in the
United States of America ("US GAAP").

 The
Company has adopted its fiscal year-end to be July 31.

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

 Going
concern

 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.

 For the 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. 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.

 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.

 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

 NOTES

 FOR

 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.

recognition

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.

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:

 SCHEDULE OF PROPERTY, PLANT AND EQUIPMENT ESTIMATED LIFE

 Classification

 Estimated
 useful life

 Leasable
 equipment

 years

 Computer
 hardware and software

 years

 Office
 equipment

 years

 Outlet
 design fee and equipment

 years

 Application
 development fee

 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

 NOTES

 FOR

 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.

taxes

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.

 F- 10

 NOTES

 FOR

 Net
loss per share

 The
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.

 Foreign
currencies translation

 Transactions
denominated in currencies other than the functional currency are translated into the functional currency at the exchange rates prevailing
at the dates of 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.

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

 In
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.

 Translation
of amounts from RMB, TWD and HK$ into US$1 has been made at the following exchange rates for the respective periods:

 SCHEDULE OF FOREIGN EXCHANGE RATES TRANSLATION

 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

 Related
parties

 Parties,
which can 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.

 F- 11

 NOTES

 FOR

 Fair
value of financial instruments:

 The
carrying value of 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.

 The
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:

 Level
 1: 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.

 Credit losses

 The Company
estimates and records a provision for its expected credit losses related to its financial instruments, including its trade receivables.
Management considers historical collection rates, 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.

 Credit loss
rate is determined by historical collection based on aging schedule, adjusted for current conditions 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.

 Recently
Adopted Accounting Standards

 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.

 Recent
accounting pronouncements

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

 In
December 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.

 In
November 2024, the FASB issued ASU 2024-03, Disaggregation of Income Statement Expenses. The new standard requires entities to disclose
additional 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 effective date in January 2025 with the issuance of ASU 2025-01, Income Statement – Reporting Comprehensive Income –
Expense Disaggregation Disclosures (Subtopic 220-40): Clarifying the Effective Date. The ASU is effective for fiscal years beginning
after December 15, 2026, and interim periods beginning after December 15, 2027. Companies have the option to apply this guidance either
on a retrospective or prospective basis, and early adoption is permitted.

 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.

 F- 12

 NOTES

 FOR

 3.
 COMMON STOCK

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

 On
July 6, 2018, Ms. Niu Yen-Yen and Server Int'l Co., Ltd. subscribed 25,000,000 and 11,000,000 restricted shares of common stock,
respectively, of the Company, at par value of $ 0.0001 per share. The monies from these transactions, which totalled $ 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 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 totalled $ 930, went to the Company to be used
as initial working capital.

 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 totalled $ 500,
went to the Company to be used as initial working capital.

 From
July 9, 2018 to July 10, 2018 the Company issued a total of 2,150,000 shares of restricted common stock to three 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 10, 2018, Server Int'l Co., Ltd, a Company solely controlled and owned by the CEO, transferred 1,500,000 shares of common
stock to 8 non-US residents.

 On
July 11, 2018 the Company issued a total of 710,000 shares of restricted common stock to two 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 25, 2018 the Company issued a total of 995,000 shares of restricted common stock to ten non-US residents at a price of $ 0.03 per
share. Total proceeds from these sales of shares totalled $ 29,850 and went to the Company to be used as initial working capital.

 On
July 26, 2018 the Company issued 250,000 shares of restricted common stock to one non-US resident at a price of $ 0.20 per share. Total
proceeds from these sales of shares totalled $ 50,000 and went to the Company to be used as initial working capital.

 On
July 31, 2018 Dezign Format Pte Ltd and Cheng Young-Chien each subscribed 2,000,000 restricted shares of common stock of the Company,
at $ 0.20 per share, for total consideration of $ 800,000. Proceeds went to the Company to be used as initial working capital.

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

 On
May 7, 2019, the convertible promissory note issued by the Company amounted $ 779,125 to 45 accredited investors who reside in Taiwan
with the conversion price of $ 1 per share have been converted to 779,125 shares of common stock of the company after the S-1 registration
statement was declared effective on May 6, 2019.

 From
May 14, 2019 to July 31, 2019, the Company issued 150,317 shares of common stock at a price of $ 1.00 per share through the Initial Public
Offering (IPO) to 36 non-US residents.

 From
August 1, 2020 to July 31, 2021, Ms. Niu Yen-Yen, the CEO of the Company, had 395,000 shares of common stock transferred from 3 non-US
residents and had sold 3,364,921 shares of common stock to 20 non-US residents.

 From
August 1, 2021 to July 31, 2022, Ms. Niu Yen-Yen, the CEO of the Company, had 55,522 shares of common stock transferred from 2 non-US
residents and had sold 6,800,000 shares of common stock to 3 non-US residents.

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

 F- 13

 NOTES

 FOR

 4.
 PROPERTY, PLANT AND EQUIPMENT

OF PROPERTY, PLANT AND EQUIPMENT

 As of

 As of

 Office equipment

 $
 28,862

 $
 28,862

 Leasable equipment

 37,384

 37,384

 Total

 66,246

 66,246

 Accumulated depreciation 1

 ( 25,014
)

 ( 25,014
)

 Impairment

 ( 41,232
)

 ( 41,232
)

 Property, plant and equipment, net

 $
 -

 -

 Depreciation
 expense for the year ended July 31, 2025 and July 31, 2024 was $ 0 and $ 0 respectively.

 DISPOSAL
OF PROPERTY, PLANT AND EQUIPMENT

OF DISPOSAL OF PROPERTY, PLANT AND EQUIPMENT

 As of

 As of
 (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

 F- 14

 NOTES

 FOR

 5.
 LEASE

 As
of November 6, 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.

 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.

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

OF RECOGNITION OF OPERATING LEASE RIGHT AND LEASE LIABILITY

 Gross lease payable

 $
 12,048

 Less: Imputed interest

 ( 467
)

 Initial recognition

 $
 11,581

 Less: Remeasurement of existing lease

 ( 843
)

 $
 10,738

 As
of July 31, 2025 and July 31, 2024 operating lease right of use asset as follow:

OF OPERATING LEASE RIGHT OF USE ASSET

 As of

 As of

 -

 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

 $
 -

 $
 -

 As
of July 31, 2025 and July 31, 2024 operating lease liability as follow:

OF OPERATING LEASE LIABILITY

 As of

 As of

 As of August 1

 $
 -

 $
 6,199

beginning of the year

 -

 6,199

 Less: Termination of lease

 -

 ( 2,107
)

 Less: Gross repayment

 -

 ( 4,363
)

 Add: Imputed interest

 -

 Foreign exchange translation loss

 -

 Balance end of the year

 $
 -

 $
 -

 For
the year ended July 31, 2025, the amortization of the operating lease right of use asset was $ 0 while for year ended July 31, 2024, the
amortization of the operating lease right of use asset was $ 3,935.

 F- 15

 NOTES

 FOR

 Other
information:

OF OTHER INFORMATION

 Cash paid for amounts included in the measurement of lease liabilities:

 Operating cash flow from operating lease

 $
 -

 $
 3,861

 Right-of-use assets obtained in exchange for operating lease liabilities

 $
 -

 $
 -

 Weighted average discount rate for operating lease

 -
 %

 4.35
 %

 Lease
expenses were $ 0 and $ 150 during the year ended July 31, 2025 and July 31, 2024 respectively.

 6.
 PATENT AND TRADEMARK

OF PATENT AND TRADEMARK

 As of

 As of

 Patent and trademark 1

 $
 35,285

 $
 35,285

 Accumulated amortization

 ( 6,240
)

 ( 6,240
)

 Impairment

 ( 29,045
)

 ( 29,045
)

 Trademark, net

 $
 -

 $
 -

 The
 trademarks are held under the Company's subsidiary in Hong Kong.

 Amortization
expense for the year ended July 31, 2025 and July 31, 2024 was $ 0 and $ 0 respectively.

 7.
 PREPAYMENTS AND DEPOSITS

OF PREPAYMENTS AND DEPOSITS

 As of

 As of

 Prepayments

 $
 15,165

 $
 3,150

 Deposits

 -

 1,800

 Total prepayments and deposits

 $
 15,165

 $
 4,950

 F- 16

 NOTES

 FOR

 8.
 LOAN FROM THIRD PARTY

 SCHEDULE OF LOAN FROM THIRD PARTY

 As of

 As of

 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

 The
loan is unsecured, interest-free and 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.

 9.
 LOAN FROM DIRECTOR

 SCHEDULE OF LOAN FROM DIRECTOR

 As of

 As of

 Current

 $
 445,001

 $
 262,834

 Non-current

 -

 114,071

 Total loan from director

 $
 445,001

 $
 376,905

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

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

 10.
 OTHER PAYABLES AND ACCRUED LIABILITIES

 SCHEDULE OF OTHER PAYABLES AND ACCRUED LIABILITIES

 As of

 As of

 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- 17

 NOTES

 FOR

 11.
 AMOUNT DUE TO RELATED PARTY

 SCHEDULE OF DUE TO RELATED PARTIES

 As of

 As of

 Hsieh, Chang-Chung 1

 93,176

 93,176

 Tien Mu International Co., Ltd 2

 3,337

 3,337

 $
 96,513

 $
 96,513

 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.

 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.

 The
amounts due to related party are unsecured, interest-free and repayable on demand and for working capital purpose.

 12.
 INCOME TAXES

 For
the year ended July 31, 2025 and July 31, 2024, the local (United States) and foreign components of loss before income taxes
were comprised of the following:

 SCHEDULE OF LOSS BEFORE INCOME TAX

 Tax jurisdictions from:

 - Local

 $
 ( 71,699
)

 $
 ( 78,325
)

 - Foreign, representing

)

)

 ( 3,479
)

 ( 5,772
)

 People's Republic of China ("PRC")

 -

 -

 Foreign

 Loss before income tax

 $
)

 $
)

 The
provision for income taxes from consisted of the following:

OF PROVISION FOR INCOME TAXES

 Current:

 - Local

 $
 -

 $
 -

 - Foreign

 -

 -

 Deferred:

 - Local

 -

 -

 - Foreign

 -

 -

 Income tax expense

 $
 -

 $
 -

 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:

 United
States of America

 The
Company is registered in the State 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.

 Under
the current laws of the Seychelles, MU Worldwide Group 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.

 Hong
Kong

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

 F- 18

 NOTES

 FOR

 13.
 CONCENTRATIONS OF RISKS

 (a)
Major customers

 For
the years ended July 31, 2025 and July 31, 2024, the Company did not generate revenue.

 (b)
Major suppliers

 For
the years ended July 31, 2025 and July 31, 2024, the Company did not have purchases.

 (c)
Major suppliers for property, plant and equipment

 For
the years ended July 31, 2025 and July 31, 2024, 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 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

 NOTES

 FOR

 14.
 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. The Company has two reportable segments based on business unit, investment holding and wellness and beauty services
and three reportable segments based on country, Nevada, Seychelles and Hong Kong.

 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.

 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.

OF SEGMENT REPORTING INFORMATION

 Wellness and beauty services

 Total

 By Business Unit

 For the year ended July 31, 2025

 Wellness and beauty services

 Total

 $
 -

 $
 -

 $
 -

 Cost of revenue

 -

 -

 -

 Other income

 -

 General and administrative expenses

 ( 62,436
)

 ( 3,484
)

 ( 65,920
)

 Finance cost

)

 -

)

 Net loss before taxation

 ( 73,299
)

 ( 3,479
)

)

 Total assets

 $
 15,166

 $

 $

 Total

 By Country

 For the year ended July 31, 2025

 Total

 $
 -

 $
 -

 $
 -

 $
 -

 Cost of revenue

 -

 -

 -

 -

 Other income

 -

 -

 General and administrative expenses

 ( 60,836
)

)

 ( 3,484
)

 ( 65,920
)

 Finance cost

)

 -

 -

)

 Net loss before taxation

 ( 71,699
)

)

 ( 3,479
)

)

 Total assets

 $
 15,165

 $

 $

 $

 Wellness and beauty services

 Total

 By Business Unit

 For the year ended July 31, 2024

 Wellness and beauty services

 Total

 $
 -

 $
 -

 $
 -

 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
)

)

 Total assets

 $
 3,151

 $
 13,851

 $

 Total

 By Country

 For the year ended July 31, 2024

 Total

 $
 -

 $
 -

 $
 -

 $
 -

 Cost of revenue

 -

 -

 -

 -

 Other income

 16,929

 -

 3,015

 19,944

 General and administrative expenses

 ( 95,254
)

)

 ( 8,787
)

 ( 105,641
)

 Net loss before taxation

 ( 78,325
)

)

 ( 5,772
)

)

 Total assets

 $
 3,150

 $

 $
 13,851

 $

 15.
 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, 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.

 F- 20