Company: MASK
Filing Date: 2025-06-24
Form Type: F-1
Source: 0001185185-25-000685
Chunk: 65

Company: 3 E Network Technology Group Ltd
Filing Date: 2025-06-24
Form: F-1
Chunk 65
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 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 help our property management clients to set
up and integrate their property management systems with WeChat or WeChat mini programs to offer more convenient user experiences to the
residents in their properties. We often design and integrate many of the service modules within the property management systems with WeChat,
as it is one of the most popular App in the PRC. However, neither we or our clients have control over the operations or accessibilities
of WeChat and WeChat mini program. WeChat or WeChat mini programs is not available, we could help our clients set up a webpage-based log-in
interfaces for our clients and residents to access the property management system. Although we can create separate log-in profiles and
interfaces for our clients and residents to access the WeChat-linked services via a separate web portal, or we can even create a separate
set of web portals or webpage-based log-in interfaces for our clients to manage for certain services not linked to the WeChat mini programs,
WeChat or WeChat mini-program offers convenience and better user experience, and are much more accessible to residents. In addition, in
some cases, we have set up payment functions for property management companies to request utility or service fee payments from residents
or to set up community e-store for selling certain food, drink or other items. Such transactions are often conducted through WeChat Pay,
the mobile payment and digital wallet services offered by Tencent on WeChat. Any disruptions to WeChat’s accessibility will significantly
curtail our clients and the residents’ access to WeChat Pay. If services or access to WeChat are limited, restricted, curtailed
or degraded in any way or become unavailable for any reason or for extended periods of time, our business may be significantly impacted.

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We may not be able to prevent others
from unauthorized use of our intellectual property, which could cause a loss of customers, reduce our revenues and harm our competitive
position.

We rely on a combination of copyright, trademark,
software registration, anti-unfair competition and trade secret laws