Company: MASK
Filing Date: 2025-06-24
Form Type: F-1
Source: 0001185185-25-000685
Chunk: 44

Company: 3 E Network Technology Group Ltd
Filing Date: 2025-06-24
Form: F-1
Chunk 44
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Pursuant to the Statement of Protocol, the PCAOB conducted inspections on select registered public accounting firms subject to the Determination
Report in Hong Kong between September and November 2022. On December 15, 2022, the PCAOB board announced that it has completed
the inspections, determined that it had complete access to inspect or investigate completely registered public accounting firms headquartered
in mainland China and Hong Kong, and voted to vacate the Determination Report.

Our former auditor, HTL, the independent registered
public accounting firm that issued the audit report included elsewhere in this prospectus, an auditor of companies that are traded publicly
in the United States and a firm registered with the PCAOB, is subject to laws in the United States pursuant to which the PCAOB
conducts regular inspections to assess its compliance with the applicable professional standards. HTL is headquartered in Houston, Texas,
and is subject to inspection by the PCAOB on a regular basis. On June 20, 2025, we announced the appointment of GGF CPA Ltd (“GGF”) as our new independent registered public accounting
firm to audit our financial statements, effective June 19, 2025. The appointment was made after a careful and thorough evaluation process
and has been recommended and approved by the audit committee of the our Board of Directors, and subsequently approved by the our Board
of Directors. GGF succeeds HTL International, LLC (“HTL”), our previous independent registered public accounting firm. On
June 19, 2025, HTL declined to stand for re-election as the independent registered public accounting firm for us. The audit reports of
HTL on the financial statements of us as of June 30, 2024 and 2023 and for the fiscal years ended June 30, 2024 and 2023, did not contain
an adverse opinion or disclaimer of opinion and were not qualified or modified as to uncertainty, audit scope or accounting principles.

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Both our former and current auditors are not identified in the report issued by the PCAOB on December 16, 2021 as a firm subject to the PCAOB’s determination. Notwithstanding the foregoing, in the future, if there is any regulatory change or step taken by PRC regulatory agencies that does not permit HTL to provide audit work papers located in mainland China or Hong Kong to the PCAOB for inspection or investigation, or the PCAOB re-evaluates its determination as a result of any obstruction with