Company: MASK
Filing Date: 2025-12-02
Form Type: POS AM
Source: 0001185185-25-001899
Chunk: 39

Company: 3 E Network Technology Group Ltd
Filing Date: 2025-12-02
Form: POS AM
Chunk 39
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 Ordinary Shares

| ● | You                                                                                                                                   
 may experience dilution to the extent that our Class A Ordinary Shares are issued upon the exercise of outstanding convertible notes, 
 warrants or other securities that we may issue in the future.                                                                         |

| ● | Substantial                                                                                                                      
 future sales or perceived potential sales of our Class A Ordinary Shares in the public market could cause the price of our Class 
 A Ordinary Shares to decline.                                                                                                    |

| ● | The                                                                                                                                   
 Selling Shareholder may acquire their Class A Ordinary Shares at a price that is less than the market price of the Class A Ordinary   
 Shares in the future, may earn a positive rate of return even if the price of the Class A Ordinary Shares declines and may be willing 
 to sell their Class A Ordinary Shares at a price less than shareholders that acquired Class A Ordinary Shares in the public market.   |

| ● | The conversion of the Convertible Notes, the exercise of the Warrants                                                                   
 or future sales of our Class A Ordinary Shares may further dilute our securities and adversely impact the price of our Class A Ordinary 
 Shares.                                                                                                                                 |

| ● | Sales                                                                                                                                   
 of shares issuable upon the conversion of the Convertible Notes or the effectiveness of our registration statement may cause the market 
 price of our shares to decline.                                                                                                         |

| ● | We                                                                                                                               
 may have to pay damages to the Selling Shareholder, which will impact our cash flows.                                            |
| ● | Our                                                                                                                              
 dual-class voting structure will limit your ability to influence corporate matters and could discourage others from pursuing any 
 change of control transactions that holders of our Class A Ordinary Shares may view as beneficial.                               |
| ● | As                                                                                                                               
 an “emerging growth company” under the Jumpstart Our Business Startups Act, or JOBS Act, we are permitted to, and intend         
 to, rely on exemptions from certain disclosure requirements.                                                                     |

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Compliance with Foreign Investment

All limited liability companies formed and operating in the PRC are governed by the Company Law of the People’s Republic of China (the “PRC Company Law”), which was amended and promulgated by the SCNPC on December 29, 2023 and came into effect since July 1,2024. Foreign invested enterprises (“FIEs”) must also comply with the PRC Company Law, with exceptions as specified in the relevant foreign investment laws. Under our corporate structure as of the date of this prospectus, 40% of