Company: MASK
Filing Date: 2025-12-02
Form Type: POS AM
Source: 0001185185-25-001899
Chunk: 128

Company: 3 E Network Technology Group Ltd
Filing Date: 2025-12-02
Form: POS AM
Chunk 128
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 in complying with the Mainland judgment’s requirement within two years prior to the application for registration; and (iv) the judgment is effective in the Mainland and is not subject to appeal. The registration of such a Mainland judgment in Hong Kong may however be set aside on various grounds, including but not limited to, that the judgment was obtained by fraud, the enforcement of the judgment is manifestly incompatible with public policy, or a requirement for registration has not been complied with. For a Mainland judgment in Hong Kong given pursuant to “choice of court agreements” made before January 29, 2024, its registration in Hong Kong is subject to various requirements under the Mainland Judgments (Reciprocal Enforcement) Ordinance (Chapter 597 of the laws of Hong Kong), including but not limited to, that the judgment is final and conclusive as between the parties to the judgment, the judgment is enforceable in mainland China, and the judgment orders the payment of a sum of money (not being a sum payable in respect of taxes or other charges of a like nature of in respect of a fine or other penalty). The registration of such a Mainland judgment in Hong Kong may however be set aside on various grounds, including but not limited to, that the judgment was obtained by fraud, or the enforcement of the judgment is contrary to public policy.

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USE OF PROCEEDS</div>

We will not receive any proceeds from the sale of
shares by the Selling Shareholder. As of the date hereof, we received proceeds of US$2,024,000 from the
Selling Shareholder under the Securities Purchase Agreement for the issuance of the Convertible Notes and Warrants. We will also receive
proceeds from the Selling Shareholder to the extent they exercise their right, but not the obligation, to purchase all or any portion
of the Pre-Delivery Shares pursuant to the terms and conditions of the Securities Purchase Agreement.
These proceeds will be used for general corporate and working capital or other purposes that our board of directors deems to be in our
best interest. As of the date of this prospectus, we cannot specify with certainty the particular use for the net proceeds we may receive.
Accordingly, we will retain broad discretion over the use of these proceeds, if any.

<div align='center'>DIVIDEND POLICY</div>

Subject to the BVI Act and our amended and restated memorandum and articles of association, our board of directors may authorize and declare a dividend to