Headquartered in Hong Kong, paper packaging manufacturer Millennium Group International Holdings recently submitted an application to the U.S. Securities and Exchange Commission, planning to raise up to USD 23 million through an initial public offering. The company plans to raise USD 23 million by issuing 5 million shares at a price of USD 4 to USD 5. At the midpoint of the proposed range, the market value of Millennium Group International Holdings will reach USD 90 million. Founded in 1978, Millennium Group operates businesses in China and Vietnam, with two production bases in Guangdong, China, and a supply chain service department in Vietnam. The company takes corrugated paper sales as its main business, and is now engaged in printing of publications such as books, magazines and newspapers, printing of packaging materials, commercial printing and other businesses. Its customers are mainly distributed in East Asia and Southeast Asia. The company was founded in 1978, and its revenue for the 12 months ended June 30, 2022 was USD 66 million. It plans to list on the NASDAQ under the ticker symbol MGIH. Millennium Group International Holdings filed confidentially on February 1, 2022. Network 1 Financial Securities is the sole book-running manager for this offering. © 2021 Meishun (Hong Kong) Management Consulting Co., Ltd. and Meishun (Hangzhou) Management Consulting Co., Ltd. All rights reserved. Meishun Meiyin (Hangzhou) Consulting Management Co., Ltd. is a domestic subsidiary of Hong Kong Meishun Management Consulting Co., Ltd. under the same actual controller. Both companies share the same actual controller, are both under unified Chinese management, and comply with the laws of Hong Kong and mainland China.