Company: MASK
Filing Date: 2025-06-24
Form Type: F-1
Source: 0001185185-25-000685
Chunk: 35

Company: 3 E Network Technology Group Ltd
Filing Date: 2025-06-24
Form: F-1
Chunk 35
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 advantage and could reduce our profit margins. |

| ● | We have a relatively small number of customers for our exhibition and conferencing services, the loss of which could reduce our revenues and significantly harm our business. For our software solution services, there are significant turnovers in our customers from one year to another. Failure to recruit new customers or expand our relationship with our existing customers may reduce our revenues and significantly harm our business as well. |

| ● | If we are unable to collect our receivables from our customers, our results of operations and cash flows could be adversely affected. |

| ● | A significant portion of our income is generated, and will in the future continue to be generated, on a project basis with a fixed         
 price; we may not be able to accurately estimate costs and determine resource requirements in relation to our projects, which would reduce 
 our margins and profitability.                                                                                                             |

| ● | If we cause disruptions to our customers’ businesses or provide inadequate service, our customers may have claims for substantial 
 damages against us, and as a result our profits may be substantially reduced.                                                     |

| ● | The proper functioning of technology use is essential to our business, and any difficulty experienced by such system would materially 
 and adversely affect us.                                                                                                              |

| ● | Cyber-attacks and other security incidents, both real and perceived, impacting confidentiality and integrity of our information technology 
 and digital infrastructure could lead to loss of reputation and financial obligations.                                                     |

| ● | Our property management company clients and the residents in the properties they manage use WeChat, a third-party social media platform, 
 or WeChat mini program, a sub-application on the platform, for accessing the property management systems that we develop. If services    
 of WeChat are limited, restricted, curtailed or degraded in any way or become unavailable for any reason, the access of our clients or   
 the residents may be significantly impacted, as a result of which our business may be materially and adversely affected.                 |

| ● | We may not be able to prevent others from unauthorized use of our intellectual property, or we may subject to intellectual property 
 claims or litigations against us. In either cases, our operations or financial results may be significantly impacted.               |

| ● | We may face intellectual property infringement claims that could be time-consuming and costly to defend. If we fail to defend ourselves  
 against such claims, we may lose significant intellectual property rights and may be unable to continue providing our existing services. |

| ● | We may need additional capital and