Company: MASK
Filing Date: 2025-12-02
Form Type: POS AM
Source: 0001185185-25-001899
Chunk: 275

Company: 3 E Network Technology Group Ltd
Filing Date: 2025-12-02
Form: POS AM
Chunk 275
---
 from related parties, the Group extends credit based on an evaluation of the customer’s
or other parties’ financial condition, generally without requiring collateral or other security. In order to minimize the credit
risk, the Group delegated a team responsible for credit approvals and other monitoring procedures to ensure that follow-up action is taken
to recover overdue debts. Further, the Group reviews the recoverable amount of each individual receivable at each balance sheet date to
ensure that adequate allowances are made for doubtful accounts. In this regard, the Group considers that the Group’s credit risk
for accounts receivable and due from related parties is significantly reduced.

<div align='center'>F-24

3 E NETWORK TECHNOLOGY GROUP LIMITED

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS</div>

15. Concentration of Risk(cont.)

Concentration of customers and suppliers

The following tables summarized
the information about the Group’s concentration of customers and suppliers for the years ended June 30, 2025, 2024 and 2023 or as
of June 30, 2025, 2024 and 2023, respectively:

| Revenues, customer concentration risk            
 Year ended June 30, 2025                         
 Year ended June 30, 2024                         |     | A | 21 
 —  | % |     | B | 20 
 45 | % 
 % |     | C | 17 
  — | % |     | D | 12 
  — | % |     | E |  — 
 31 | % |     | F |   — 
  23 | % |
|:-------------------------------------------------|:----|:--|:---|:--|:----|:--|---:|:--|:----|:--|---:|:--|:----|:--|---:|:--|:----|:--|---:|:--|:----|:--|----:|:--|
| Year ended June 30, 2023                         |     |   | —  |   |     |   |  — |   |     |   |  — |   |     |   |  — |   |     |   |  — |   |     |   |   — |   |
| Accounts receivable, customer concentration risk |     |   |    |   |     |   |    |   |     |   |    |   |     |