Company: MASK
Filing Date: 2025-06-24
Form Type: F-1
Source: 0001185185-25-000685
Chunk: 73

Company: 3 E Network Technology Group Ltd
Filing Date: 2025-06-24
Form: F-1
Chunk 73
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 on our business, financial condition, and results of operations.

Separately, we may also be subject
to review and enforcement under domestic and foreign laws that screen foreign investment and acquisitions. In both the U.S. and non-U.S.
jurisdictions, these regulatory requirements may treat companies differently based on the type of company in question and investor profile
in the company. As a result of these laws, investments by particular investors may need to be filed with local regulators, which in turn
may impose added costs on our business, impact our operations, and/or limit our ability to engage in strategic transactions that might
otherwise be beneficial to us and our investors. These laws are also regularly changed and updated. For example, recently the Office
of Investment Security of the U.S. Department of the Treasury issued a final rule (the “Outbound Investment Rule”) to implement
the Executive Order 14105, which provided for the establishment of a new national security regulatory framework to control outbound investment
from the United States in certain sensitive industry sectors in the People’s Republic of China, including Hong Kong and Macau.
The Outbound Investment Rule took effect in January 2025 and restricts U.S. persons’ direct and indirect investment into companies
with specified connections to China that engage in specified “Covered Activities” within three areas of technology: semiconductors
and microelectronics, quantum information technologies, and artificial intelligence systems. Notably, President Trump issued the America
First Trade Policy Memorandum on February 20, 2025, which proposes to further expand the set of technologies of concern. These rules
may limit our ability to engage in certain kinds of business operations; they may also limit our ability to raise capital from U.S. and
other sources if we engage in the development of such technologies of concern. Continuing changes in both U.S. and non-U.S. jurisdictions
to foreign investment laws and rules could adversely affect our strategic initiatives, financial performance, and growth prospects.

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Risks Related to Doing Business in China

Because substantially all of our operations
are in China historically, and we expect to generate revenue in China through our wholly-owned subsidiary based in Hong Kong, we face
risks arising from the legal system in China, including risks and uncertainties regarding the enforcement of laws and that rules and regulations
in China can change quickly with little advance notice. The PRC government may exercise oversight and discretion over the conduct of our
business or may intervene or influence our operations