Company: MASK
Filing Date: 2025-11-25
Form Type: F-1
Source: 0001185185-25-001852
Chunk: 35

Company: 3 E Network Technology Group Ltd
Filing Date: 2025-11-25
Form: F-1
Chunk 35
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 our PRC subsidiaries to obtain 
 financing.                                                                                                                             |

| ● | We                                                                                                                    
 may be classified as a “resident enterprise” for PRC enterprise income tax purposes; such classification could result 
 in unfavorable tax consequences to us and our non-PRC shareholders.                                                   |

| ● | The                                                                                                                            
 M&A Rules and certain other PRC regulations establish complex procedures for some acquisitions of Chinese companies by foreign 
 investors, which could make it more difficult for us to pursue growth through acquisitions in China.                           |

| ● | Failure                                                                                                                               
 to make adequate contributions to various mandatory social security plans as required by PRC regulations may subject us to penalties. |

| ● | Enforcement                                                                      
 of stricter labor laws and regulations may increase our labor costs as a result. |

| ● | Non-compliance                                                                                                                         
 with labor-related laws and regulations of the PRC and increases in labor costs in the PRC may have an adverse impact on our financial 
 conditions and results of operation.                                                                                                   |

| ● | If                                                                                                                                  
 the chops of our PRC subsidiaries are not kept safely, are stolen or are used by unauthorized persons or for unauthorized purposes, 
 the corporate governance of these entities could be severely and adversely compromised.                                             |

| ● | Certain                                                                                                                              
 legal requirements shall be met for effecting service of legal process, enforcing foreign judgments or bringing original actions     
 in mainland China against us or our management named in the prospectus based on Hong Kong or other foreign laws, and the ability     
 of U.S. authorities to bring actions in mainland China may also be limited.                                                          |
| ● | Our                                                                                                                                  
 Class A Ordinary Shares may be delisted under the HFCA Act if the PCAOB is unable to inspect our auditors for two consecutive years. 
 The delisting of our Class A Ordinary Shares, or the threat of their being delisted, may materially and adversely affect the value   
 of your investment.                                                                                                                  |

Risks Related to Doing Business in Hong Kong

| ● | Hong                                                                                                                   
 Kong’s legal system is evolving and has inherent uncertainties that could limit the legal protection available to you. |

| ● | We                                                                                                                                 
 may become subject to a variety of PRC laws and other obligations regarding M&A Rules, the Trial Measures and data security,       
 and any failure to comply with applicable laws and obligations could have a material and adverse effect on our business, financial 
 condition and results of operations.                                                                                               |

Risks Related to Our Class A Ordinary Shares

| ● | You                                                                                                                                   
 may