Company: MASK
Filing Date: 2025-12-02
Form Type: POS AM
Source: 0001185185-25-001899
Chunk: 133

Company: 3 E Network Technology Group Ltd
Filing Date: 2025-12-02
Form: POS AM
Chunk 133
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’s amended and restated memorandum and articles of association, holders of the Class B Ordinary Shares shall not receive the right to any dividend paid by the Company and distribution of the surplus assets of the Company on its liquidation, and may not convert their Class B Ordinary Shares into shares of any other class. Each Class B Ordinary Share in the Company confers upon the shareholder the right to twenty votes at a meeting of the shareholders of the Company or on any resolution of shareholders.

In March 2025, HK 3e Network entered into two equity transfer agreements with HongKong Techfaith Limited (“Techfaith”) and sold to Techfaith (i) 60% of equity interest of Guangzhou Sanyi Network for a total consideration of approximately RMB6,204,000 in cash; and (ii) 100% of equity interest of Guangzhou 3E Network for a total consideration of approximately RMB1,390,000 in cash. These sales reflect our broader strategy to reallocate resources toward expanding its overseas operations, particularly in Hong Kong and Southeast Asia. Following the completion of these transactions, our operations were primarily carried on by our Hong Kong subsidiary, HK 3e Network.

On June 9, 2025, the Company entered into the Securities
Purchase Agreement with the Selling Shareholder, pursuant to which the Company issued 1,248,611 Pre-Delivery Shares, and pre-funded warrants
to purchase an additional 213,389 Pre-Delivery Shares.

On October 17, 2025, the Company entered into the
L1 New Securities Purchase Agreement with the Selling Shareholder, pursuant to which we agreed to sell and issue a convertible promissory
note convertible into up to 44,694,292 of Class A Ordinary Shares.

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Corporate Structure

The following diagram illustrates our corporate structure as of the date of this prospectus:

| Name                                                              
 3e                                                                
 Network Technology Holdings Limited (“BVI 3e Holdings”)           
 3e                                                                
 Network Technology Company Limited (“HK 3e Network”)              |     | Background            
 ●        A            
 BVI company           
 ●        Incorporated 
 on October 8, 2018    
 ●        A            
 Hong Kong company     
 ●        Incorporated 
 on August 30, 2018    |     | Ownership                                                                                           
 Currently                                                                                           
 100% owned by 3 E Network Technology Group Limited, a BVI company controlled by Joseph Shu Sang Law 
 100%