Company: MASK
Filing Date: 2025-06-24
Form Type: F-1
Source: 0001185185-25-000685
Chunk: 289

Company: 3 E Network Technology Group Ltd
Filing Date: 2025-06-24
Form: F-1
Chunk 289
---
     |      | 116,503 |

<div align='center'>F-43

3 E NETWORK TECHNOLOGY GROUP LIMITED
NOTES TO INTERIM UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS</div>

7. Income Taxes (cont.)

A reconciliation of the income
tax expense determined at the PRC statutory income tax rate to the Group’s actual income tax expense is as follows:

|                                               |     | For the six months ended 
             December 31, |           |   |     |      |         |   |
|                                               |     |                     2024 |           |   |     | 2023 |         |   |
|                                               |     |                      US$ |           |   |     |  US$ |         |   |
| Income before income tax expense              |     |                          | 1,267,095 |   |     |      | 800,896 |   |
| PRC statutory income tax rate                 |     |                          |        25 | % |     |      |      25 | % |
| Income tax at PRC statutory income tax rate   |     |                          |   316,774 |   |     |      | 200,224 |   |
| Difference due to preferential tax            |     |                          |   (94,614 | ) |     |      | (53,863 | ) |
| Super deduction of qualified R&D expenditures |     |                          |   (37,446 | ) |     |      | (29,859 | ) |
| Non-deductible items                          |     |                          |       110 |   |     |      |       — |   |
| Utilization of tax loss carried forward       |     |                          |   (61,887 | ) |     |      | (91,275 | ) |
| Realization of deferred tax assets            |     |                          |    74,831 |   |     |      |  91,275 |   |
| Income tax expense                            |     |                          |   197,768 |   |     |      | 116,503 |   |

The Group’s deferred
tax assets at December 31, 2024 and June 30, 2024 were as follows:

|                           |     |     |        As of 
 December 31, 
         2024 |     |     |    As of 
 June 30, 
     2024 |
|:--------------------------|:----