Company: MASK
Filing Date: 2025-12-02
Form Type: POS AM
Source: 0001185185-25-001899
Chunk: 278

Company: 3 E Network Technology Group Ltd
Filing Date: 2025-12-02
Form: POS AM
Chunk 278
---
     | June 30, |         |
|                                      |     |     2025 |           |     |     2024 |   |     |     2023 |         |
|                                      |     |      US$ |           |     |      US$ |   |     |      US$ |         |
| Due to related parties – non-current |     |          |           |     |          |   |     |          |         |
| Mr.Tingjun Yang                      |     |          |    63,000 |     |          | - |     |          |       - |
| Guangzhou Sanyi Network              |     |          | 1,619,884 |     |          | - |     |          |       - |
| Mr. Shu Sang Joseph Law              |     |          |         - |     |          | - |     |          | 132,284 |
|                                      |     |          | 1,682,884 |     |          | - |     |          | 132,284 |

Due to related parties represents
interest-free loan payable on money borrowed by the Company and used for daily operation. These amounts are settled on demand. As of the
date of this financial statement, nil of the payable has been settled.

<div align='center'>F-26

3 E NETWORK TECHNOLOGY GROUP LIMITED

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS</div>

19. Subsequent Events

On October 15 2025, the Group
has entered into a new letter agreement ("Letter Agreement") with an institutional investor ("Investor"), pursuant
to which the parties agreed to (i) amend the First Tranche Note such that the remaining portion thereof cannot be converted below a floor
price equal to $0.63 (the “Floor Price”) and (ii) amend the Warrant such that the exercise price of the Warrant cannot be
below the Floor Price, and in the event the applicable conversion price or exercise price, as applicable, would otherwise be below such
Floor Price, the Group will issue shares at the Floor Price and pay the Investor the resulting economic difference in cash, calculated
as set forth in the Letter Agreement. Further, pursuant to the Letter Agreement, the parties also agreed that all references to the second
and third tranches in the Securities Purchase Agreement (refer to Note 8) shall no longer apply and be null and void.

On October 16, 2025, the
Group registered