Company: MASK
Filing Date: 2025-06-24
Form Type: F-1
Source: 0001185185-25-000685
Chunk: 209

Company: 3 E Network Technology Group Ltd
Filing Date: 2025-06-24
Form: F-1
Chunk 209
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 Class A Ordinary Shares of the Company at a ratio of 1-for-1. As a result, as
of January 3, 2024, there were 10,000,000 issued and outstanding Class A Ordinary Shares of the Company, and no Class B Ordinary Shares
issued and outstanding.

On January 10, 2025, the Company closed its initial
public offering of 1,250,000 Class A Ordinary Shares, par value US$0.0001 per share.

Class B Ordinary Shares may only be issued to employees
of the Company or its subsidiaries or entities whose principal shareholder is an employee of the Company or its subsidiaries. Class B
Ordinary Shares are subject to compulsory redemption and cancellation on termination of employment with the Company as more particularly
set out in the memorandum of association.

On January 24, 2025, the Company adopted written
resolutions and approved the issuance of 300,000 shares of Class B Ordinary Shares to Niu Jianping and 280,000 shares of Class B Ordinary
Shares to Zhu Huabei, with a nominal value of 0.0001 per share, with such amounts to be paid in cash. Each of Niu Jianping and Zhu Huabei
is an employee of the Company. Pursuant to the Company’s 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.

On June 9, 2025, the Company issued 1,248,611 Class A Ordinary Shares to the Selling Shareholder as Pre-Delivery Shares in accordance
with the terms and conditions of the Securities Purchase Agreement.

As a result, as of the date hereof, there are 12,498,611
issued and outstanding Class A Ordinary Shares of the Company, and 580,000 shares of Class B Ordinary Shares issued and outstanding.

Ordinary Shares

General

All of our issued shares are fully paid and non-assessable.
Certificates evidencing the shares are issued in registered form. There are no limitations imposed by our Amended and Restated Articles
on the rights of non-resident or foreign shareholders to hold or exercise voting rights on our shares