Vanguard Green Investment Limited's Business Segments

Vanguard Green Investment Limited, incorporated in Nevada and formerly known as MU Global Holding Limited, is an early-stage company in the wellness and beauty supply services sector. It operates through wholly owned subsidiaries in Seychelles, Hong Kong, and Shanghai. The company provides non-surgical spa services and spa care products focused on holistic detoxification methods to promote health and beauty. Its primary market is China, where it targets the emerging spa services and products industry. Vanguard Green Investment's business strategy includes expanding into regional markets through franchise and agent models and implementing an omni-channel marketing approach. Despite the impact of the COVID-19 pandemic on the beauty and wellness industry, the company aims to capitalize on increasing consumer interest in personal wellness by adapting its business models and utilizing technological marketing tools across China's diverse market.

The company operates two reportable segments based on business units: investment holding and wellness and beauty services. It also reports three segments based on geographic location: Nevada, Seychelles, and Hong Kong. The Chief Executive Officer and President serves as the chief operating decision maker, reviewing operating results to allocate resources and evaluate performance. Material operating units are aggregated due to similarities in customer base, economic characteristics, products and services, and procurement, manufacturing, and distribution processes. Segment financial information, including revenue, cost of revenue, other income, general and administrative expenses, finance costs, net loss before taxation, and total assets, is reported quarterly and annually for each segment by business unit and by country for the years ended July 31, 2024 and 2025.