Company: MASK
Filing Date: 2025-01-10
Form Type: 424B4
Source: 0001213900-25-002376
Chunk: 37

Company: 3 E Network Technology Group Ltd
Filing Date: 2025-01-10
Form: 424B4
Chunk 37
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 adverse effect, once taken by the PRC government, could result in a material change in our operations or the value of our securities, significantly limit or completely hinder our ability to offer or continue to offer securities to investors, or cause the value of our securities to significantly decline or become worthless. The operational risks associated with being based in and having operations in China also apply to operations in Hong Kong. With respect to the legal risks associated with being based in and having operations in China, the laws, regulations and discretion of the governmental authorities in China discussed in this prospectus are expected to apply to entities and businesses in mainland China, rather than to entities or businesses in Hong Kong which operate under different sets of laws from those of mainland China. These risks are discussed in more details in the section titled “Risk Factors” beginning on page 24 of this prospectus. Risks Related to Our Business and Industry. See “Risk Factors — Risks Related to Our Business and Industry” on page 24 of the prospectus. Risks and uncertainties related to our business and industry include, but are not limited to, the following: •Our and our business partners’ business operations were adversely affected by the COVID -19outbreak, but have benefitted from the significant easement of lockdown policies and rebound in economic activities. However, there is no assurance that such impact may continue post pandemic. See page 24 of this prospectus. •Our limited operating history subsidiaries may not be indicative of our future growth and may make it difficult to predict our future prospects, business and financial performance. We may not be able to achieve anticipated growth, which could materially and adversely affect our business and prospects. See page 25 of this prospectus. •The event and hospitality industry where we provide software development and other business solution services for our exhibition and conference customers are still recovering from the COVID -19pandemic, whereas the renewable energy utility industry in which some of our customers operate is a new and evolving market that may not grow to the size or at the rate we expect. See page 25 of this prospectus. •Broader changes in the commercial and residential real estate industry have limited our growth in the property management software space. See page 26 of this prospectus. •The renewable energy utility industry in which our customers operate is a new and evolving market, which may not grow to the size or at the rate we expect. See page 27 of this prospectus. •The reduction, elimination or expiration of government subsidies and economic incentives for solar energy systems