Exhibit 99.2

INDEX TO UNAUDITED INTERIM CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

	Page
Interim condensed consolidated financial statements (unaudited)	F-1
Unaudited Interim Condensed Consolidated Balance Sheets as of December 31, 2022 and June 30, 2022	F-2
Unaudited Interim Condensed Consolidated Statements of Income and Comprehensive Income for the Six Months Ended December 31, 2022 and 2021	F-3
Unaudited Interim Condensed Consolidated Statements of Changes In Shareholders’ Equity for the Six Months Ended December 31, 2022 and 2021	F-4
Unaudited Interim Condensed Consolidated Statements of Cash Flows for the Six Months Ended December 31, 2022 and 2021	F-5

F-1

MILLENNIUM GROUP INTERNATIONAL HOLDINGS LIMITED

UNAUDITED INTERIM CONDENSED CONSOLIDATED BALANCE SHEETS 

AS OF DECEMBER 31, 2022 AND JUNE 30, 2022

	December 31,			June 30,
	2022			2022
	(Unaudited)			(Audited)
ASSETS
Current assets:
Cash and cash equivalents		26,320,994			18,849,049
Restricted cash		-			598,402
Accounts receivable, net		11,590,208			18,069,511
Prepayments, other receivables and other current assets		455,074			927,987
Inventory		6,222,507			9,819,633
Total current assets		44,588,783			48,264,582
Non-current assets:
Property, plant and equipment, net		10,022,811			10,813,200
Right-of-use assets, net		3,581,252			4,076,816
Intangible assets, net		367,018			432,972
Deferred tax assets, net		301,953			313,315
Other non-current assets		2,709,603			2,108,914
Total non-current assets		16,982,637			17,745,217
Total Assets		61,571,420			66,009,799
LIABILITIES AND SHAREHOLDER’S EQUITY
Current Liabilities:
Bank borrowings		13,531,414			15,813,022
Lease obligation – current		512,766			772,534
Accounts payable		4,298,581			5,665,636
Other payables and accrued liabilities		2,592,785			3,169,289
Tax payable		554,622			354,352
Total current liabilities		21,490,168			25,774,833
Non-current liabilities:
Lease obligation – non-current		25,069			146,927
Total non-current liabilities		25,069			146,927
Total liabilities		21,515,237			25,921,760
COMMITMENTS AND CONTINGENCIES		-			-
SHAREHOLDER’S EQUITY
Ordinary shares: USD $0.002 par value per share, 250,000,000 authorized as of December 31, 2022 and June 30, 2022; 10,000,000 shares issued and outstanding as of December 31, 2022 and June 30, 2022, respectively*		20,000			20,000
Additional paid-up capital		31,101,897			31,101,897
Statutory reserves		1,106,616			1,029,144
Accumulated other comprehensive income		(1,708,157	)		(708,677	)
Retained earnings		9,535,827			8,645,675
Total shareholders’ equity		40,056,183			40,088,039
Total liabilities and shareholders’ equity		61,571,420			66,009,799

F-2

MILLENNIUM GROUP INTERNATIONAL HOLDINGS LIMITED

UNAUDITED INTERIM CONDENSED CONSOLIDATED STATEMENTS OF INCOME AND
COMPREHENSIVE INCOME

FOR THE SIX MONTHS ENDED DECEMBER 31, 2022 AND 2021

	For the six months ended
	December 31,
	2022			2021
Revenues		26,328,797			35,850,803
Cost of revenues		(20,380,029	)		(26,778,609	)
Gross Profit		5,948,768			9,072,194
Operating expenses:
Selling and marketing expenses		(2,875,050	)		(3,388,016	)
General and administrative expenses		(2,447,806	)		(2,507,120	)
Total operating expenses		(5,322,856	)		(5,895,136	)
Income from operations		625,912			3,177,058
Other income/ (loss):
Other income		808,378			76,777
Other expenses		(50,692	)		(535,935	)
Interest expense		(282,979	)		(204,377	)
		474,707			(663,535	)
Income before tax expenses		1,100,619			2,513,523
Income tax expenses		(132,995	)		(564,229	)
Net income		967,624			1,949,294
Other Comprehensive (Loss) Income
Foreign currency translation adjustment		(999,480	)		426,993
Total Comprehensive (Loss) Income		(31,856	)		2,376,287
Net income per share attributable to ordinary shareholders basic and diluted		0.10			0.19
Weighted average number of ordinary shares used in computing net income per share basic and diluted*		10,000,000			10,000,000

F-3

MILLENNIUM GROUP INTERNATIONAL HOLDINGS LIMITED 

UNAUDITED INTERIM CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN
SHAREHOLDERS’ EQUITY

FOR THE SIX MONTHS ENDED DECEMBER 31, 2022 AND 2021

									Accumulated
	Ordinary								other
	Share				Additional				comprehensive
	No. of				paid-in		Statutory		income			Retained
	Shares		Amount		capital		Reserve		(loss)			Earnings			Total
			$		$		$		$			$			$
Balance as of July 1, 2021		10,000,000		20,000		17,514,152		733,182		400,056			11,837,448			30,504,838
Appropriations to statutory reserves		-		-		-		465,876		-			(465,876	)		-
Foreign currency translation adjustment		-		-		-		-		426,993			-			426,993
Net income		-		-		-		-		-			1,949,294			1,949,294
Balance as of December 31, 2021		10,000,000		20,000		17,514,152		1,199,058		827,049			13,320,866			32,881,125
Balance as of July 1, 2022		10,000,000		20,000		31,101,897		1,029,144		(708,677	)		8,645,675			40,088,039
Appropriations to statutory reserves		-		-		-		77,472		-			(77,472	)		-
Foreign currency translation adjustment		-		-		-		-		(999,480	)		-			(999,480	)
Net income		-		-		-		-		-			967,624			967,624
Balance as of December 31, 2022		10,000,000		20,000		31,101,897		1,106,616		(1,708,157	)		9,535,827			40,056,183

F-4

MILLENNIUM GROUP INTERNATIONAL HOLDINGS LIMITED

UNAUDITED INTERIM CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

FOR THE SIX MONTHS ENDED DECEMBER 31, 2022 AND 2021

	For the six months ended
	December 31,
	2022			2021
Cash Flows from Operating Activities:
Net income		967,624			1,949,294
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization		852,621			794,894
Impairment of inventories		50,691			220,328
(Reversal) Allowance for bad debts		(103,137	)		2,942
Changes in operating assets and liabilities:
Deferred tax		6,094			(35,677	)
Accounts receivables		6,051,952			(1,924,269	)
Prepayments, other receivables and other assets		241,868			(406,350	)
Inventory		3,162,255			(168,850	)
Prepaid tax		-			429,057
Right-of-use assets		398,261			374,919
Lease obligation		(351,329	)		(228,896	)
Accounts payable		(1,036,468	)		1,016,448
Other payables and accruals		(246,357	)		(798,779	)
Related party balances		(367,464	)		(278,051	)
Tax Payable		210,526			-
Net Cash from Operating Activities		9,837,137			947,010
Cash Flows from Investing Activities:
Purchases of property, plant and equipment		(170,037	)		(136,384	)
Proceeds from sale of property, plant and equipment		552			-
Purchase of intangible assets		-			(6,829	)
Repayments from related parties		-			331,102
Net Cash (Used in) from Investing Activities		(169,485	)		187,889
Cash Flows from Financing Activities:
Repayment of bank borrowings		(11,733,414	)		(7,139,958	)
Proceeds from bank borrowings		9,381,680			7,735,079
Repayments to related parties		-			(515,893	)
Net Cash (Used in) from Financing Activities		(2,351,734	)		79,228
Net Increase in Cash and Cash Equivalents		7,315,918			1,214,127
Effect of Exchange Rate Changes on Cash and Cash Equivalents		(442,375	)		125,563
Cash, Cash Equivalents and Restricted Cash – Beginning of Period		19,447,451			21,270,077
Cash, Cash Equivalents and Restricted Cash – End of Period		26,320,994			22,609,767
Supplemental Disclosure of Cash Flow Information:
Cash paid for interest		(282,979	)		(191,171	)
Cash paid for income taxes		(86,736	)		(27,996	)

F-5