Company: MASK
Filing Date: 2025-06-24
Form Type: F-1
Source: 0001185185-25-000685
Chunk: 70

Company: 3 E Network Technology Group Ltd
Filing Date: 2025-06-24
Form: F-1
Chunk 70
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 our customers. This requires us to establish closer relationships
with our customers and potentially with other technology service providers and vendors and to have a more thorough understanding of our
customers’ operations. Our ability to establish such relationships will depend on a number of factors, including the proficiency
of our IT professionals and our management personnel. Our failure to understand and successfully implement our customers’ requirements,
the domain and country-specific laws and regulations which govern the products and services that we provide, or our failure to deliver
services which meet the requirements specified by our customers could result in termination of customer contracts, reputational harm and/or
imposition of penalties or the payment of damages. This may further damage our business by affecting our ability to compete for new contracts
with current and prospective customers. Additionally, we may experience financial losses in contracts which are linked to our customers’
future business outcomes or based on assumptions which are not realized. We may also be subject to loss of customers due to dependence
on alliance partners, subcontractors or third-party product vendors. In projects where we own the end-to-end delivery, we may
incur penalties on work performed by our alliance partners, subcontractors or third-party product vendors if they do not meet contractual
performance thresholds.

Larger projects may involve multiple engagements
or stages, and there is a risk that a customer may choose not to retain us for subsequent stages or may cancel or delay subsequent planned
engagements. Further, we may not be able to sell additional services to existing customers. We may also experience terminations, cancellations
or delays as a result of the business or financial conditions of our customers or the economy generally, as opposed to factors related
to the quality of our services. Such cancellations or delays make it difficult to plan for project resource requirements, and inaccuracies
in such resource planning may have a negative impact on our profitability.

Our insurance coverage may be inadequate
to protect us against losses.

Although we maintain professional liability insurance
and property insurance coverage for certain of our facilities and equipment, we do not have any loss of data or business interruption
insurance coverage for our operations. If any claims for damage are brought against us, or if we experience any business disruption, litigation
or natural disaster, we might incur substantial costs and diversion of resources.

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We will likely not pay dividends in the
foreseeable future.

Dividend policy is subject to the discretion of
our board of directors and will depend on, among other things, our earnings,