Company: MASK
Filing Date: 2025-12-02
Form Type: POS AM
Source: 0001185185-25-001899
Chunk: 31

Company: 3 E Network Technology Group Ltd
Filing Date: 2025-12-02
Form: POS AM
Chunk 31
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 13.6%. Compared against 2022, the rate of increase went up by 7.9% and the profit ratio of the main business of surveyed companies in the industry increased by 0.1% to 9.2%. Export sales of Software Industry amounted to USD 51.42 billion, a decrease of 3.6% year-on-year, but was 5.4% higher than the growth rate in 2022, according to the MIIT.

In 2023, the domestic revenues from the sales of software products, IT services, information security products and services, and embedded system software were RMB2,903 billion, RMB8,122.6 billion, RMB223.2 billion and RMB1,077 billion, respectively.

There are several factors driving the overall growth of China’s IT services industry, including the growth of China’s economy and domestic demand for IT services, the strategic importance of China as a target market for global customers, strong offshore outsourcing demand, availability of low-cost qualified IT professionals with global and regional language skills, well-developed infrastructure in China and strong government support and spending. We believe that the market development trends include a growing emphasis on big data services, innovation in channel solutions, risk management and prevention and more customer-oriented services. With our technical expertise, we believe that we are well positioned to capture the market opportunities in the IT services industry in China.

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Competitive Strengths We believe that our competitive strengths that distinguishes us from our competitors and contributes to our success include the following:

| ● | the                                                                                             
 breadth and depth of our expertise in the exhibition business and property management business, |

| ● | the                                                                 
 complete solution approach and the quality of the service we offer, |

| ● | our                                     
 market reputation and track record, and |

| ● | our                           
 marketing and selling skills. |

Growth Strategy We have developed and intend to implement the following strategies to expand and grow our Company:

| ● | Maintain                                                                                                
 our relationship with existing and new customers and pursue additional revenue opportunities from them. |

| ● | Continue                                                                                                                     
 to invest in research and development, deepen domain expertise and develop specific solutions for target industry verticals. |

| ● | Continue                                                         
 to invest in training and development of our human capital base. |

Marketing and Sales We target to become the primary provider of IT services and software for each of our customers. We seek to acquire new account relationships through face-to-face