Company: MASK
Filing Date: 2025-01-10
Form Type: 424B4
Source: 0001213900-25-002376
Chunk: 56

Company: 3 E Network Technology Group Ltd
Filing Date: 2025-01-10
Form: 424B4
Chunk 56
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. However, our short operating history may not serve as an adequate basis for evaluating our prospects and future operating results, including, but not limited to, key operating data, net revenue, cash flows and operating margins. In addition, our growth was significantly interrupted by the COVID -19pandemic, lockdown policies and the long -termimpacts on the PRC’s economic outputs and industrial activities. As a result, you may not be able to fully discern the market dynamics and headwinds that we are subject to and to assess our business prospects. In addition, to adapt to various economic, operational and regulatory challenges, our business strategies and product and service offerings have also experienced significant shifts during the COVID -19pandemic. As some industrial and economic norms and patterns have changed whereas others may not last, we may need to continue to adjust our business strategies and product and service offerings in the near term. Failure to anticipate future changes or adequately adapt to such changes may impact our operations, financial performances and long -termsuccess. More generally, we have encountered, and may continue to encounter, risks, challenges and uncertainties frequently experienced by companies at an early stage, including those relating to our ability to adapt to the industry, to maintain and monetize our customer base, to introduce new offerings and services and to maintain consistent business growth. If we are unable to successfully address these risks, challenges and uncertainties, our business, financial conditions and results of operations could be materially and adversely affected. We intend to continue our expansion in the foreseeable future to pursue existing and potential market opportunities. Our growth has placed and will continue to place significant demands on our management and our administrative, operational and financial infrastructure. Continued expansion increases the challenges we face in: •recruiting, training, developing and retaining sufficient IT talents and management personnel; •creating and capitalizing upon economies of scale; •managing a larger number of customers in a greater number of industries and locations; •maintaining effective oversight of personnel and offices; •coordinating work among offices and project teams and maintaining high resource utilization rates; •integrating new management personnel and expanded operations while preserving our culture and core values; •developing and improving our internal administrative infrastructure, particularly our financial, operational, human resources, communications and other internal systems, procedures and controls; and •adhering to and further improving our high quality and process execution standards and maintaining high levels of customer satisfaction. Moreover, as we introduce new services or enter into new markets, we may face new market, technological and operational risks