Company: MASK
Filing Date: 2025-12-30
Form Type: F-1
Source: 0001185185-25-002198
Chunk: 72

Company: 3 E Network Technology Group Ltd
Filing Date: 2025-12-30
Form: F-1
Chunk 72
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               | 5,353,745 |   |     |             | 5,353,745 |   |

| (1) | On December 25, 2025, HK 3e Network sold the remaining 40% equity interest in Guangzhou Sanyi Network, and as a result, was no 
 longer the shareholder of Guangzhou Sanyi Network.                                                                             |

38 CORPORATE HISTORY AND STRUCTURE Our Corporate History 3e Network was incorporated on October 6, 2021 under the laws of the BVI. We own all of the issued and outstanding shares of BVI 3e Holdings, which owns all the issued and outstanding capital stock of HK 3e Network. Guangzhou Sanyi Network was established by Guangzhou Leihou Software Development Company Limited as a PRC limited liability company on August 1, 2017. On September 30, 2018 Guangzhou Leihou Software Development Company Limited entered into a sell and purchase agreement whereby HK 3e Network agreed to acquire 100% of Guangzhou Sanyi Network from Guangzhou Leihou Software Development Company Limited for a consideration of RMB10,000 (approximately US$1,456). The share sale was completed and registered with the relevant authorities in the PRC on November 13, 2018. Guangzhou 3E Network was established by HK 3e Network as PRC limited liability company on January 17, 2023. It was established as a subsidiary to focus on our emerging business in developing software products for photovoltaic power plants, while Guangzhou Sanyi Network continues to focus on our other main business lines. On September 30, 2018, HK 3e Network entered into a Share Purchase Agreement with Guangzhou Leihou Software Development Company Limited to purchase all of the latter’s shares in Guangzhou Sanyi Network. Pursuant to the agreement, HK 3e Network paid RMB10,000 (approximately US$1,456) for 100% shares of Guangzhou Sanyi Network. After this share transfer Guangzhou Sanyi Network became a wholly-owned subsidiary of HK 3e Network. On January 3, 2024, the Company filed the Amended and Restated Articles with the Registrar of Corporate Affairs of BVI to amend the maximum number of shares that we are authorized to issue from 50,000 Ordinary Shares, par value US$1 per share, to 500,000,000