Company: MASK
Filing Date: 2025-06-24
Form Type: F-1
Source: 0001185185-25-000685
Chunk: 74

Company: 3 E Network Technology Group Ltd
Filing Date: 2025-06-24
Form: F-1
Chunk 74
---
 at any time, and our operations may be affected by evolving regulatory policies,
which could result in a material change in our operations or the value of our securities, significantly limit or completely hinder our
ability to offer or continue to offer securities to investors, or cause the value of our securities to significantly decline or become
worthless.

As a business operating in the PRC, we face risks
arising from the legal system in China, including risks and uncertainties regarding the enforcement of laws and that rules and regulations
in China can change quickly with little advance notice. The PRC government has the power to exercise oversight and discretion over the
conduct of our business, and the regulations to which we are subject may change. As a result, the application, interpretation, and enforcement
of new and existing laws and regulations in the PRC are often uncertain. In addition, these laws and regulations may be interpreted and
applied inconsistently by different agencies or authorities, and inconsistently with our current policies and practices. New laws, regulations,
and other government directives in the PRC may also be costly to comply with, and such compliance or any associated inquiries or investigations
or any other government actions may:

| ● | Delay or impede our development, |

| ● | Result in negative publicity or increase our operating costs, |

| ● | Require significant management time and attention, and |

| ● | Subject us to remedies, administrative penalties and even criminal liabilities that may harm our business, including fines assessed 
 for our current or historical operations, or demands or orders that we modify or even cease our business practices.                 |

The promulgation of new laws or regulations, or
the new interpretation of existing laws and regulations, in each case that restrict or otherwise unfavorably impact the ability or manner
in which we conduct our business and could require us to change certain aspects of our business to ensure compliance, which could decrease
demand for our services, reduce revenues, increase costs, require us to obtain more licenses, permits, approvals or certificates, or subject
us to additional liabilities. To the extent any new or more stringent measures are required to be implemented, our business, financial
conditions and results of operations could be adversely affected as well as materially decrease the value of our Class A Ordinary Shares.

Furthermore, if the PRC government determines
that our corporate structure does not comply with PRC regulations, or if these regulations change or are interpreted differently in the
future, our Class A Ordinary Shares may decline significantly in value or become worthless if the determin