Company: MASK
Filing Date: 2025-06-24
Form Type: F-1
Source: 0001185185-25-000685
Chunk: 12

Company: 3 E Network Technology Group Ltd
Filing Date: 2025-06-24
Form: F-1
Chunk 12
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; “— We may rely on dividends and other distributions on equity paid by our PRC subsidiaries to fund any cash and financing requirements we may have, and any limitation on the ability of our PRC subsidiaries to make payments to us could have a material and adverse effect on our ability to conduct our business.” and “— Governmental regulation of currency conversion may limit our ability to utilize our revenues effectively and affect the value of your investment.”

We are a BVI company and conduct all of our operations
and substantially all of our assets are located in Hong Kong. In addition, all of our directors and officers are nationals or residents
of countries other than the United States. A substantial portion of the assets of these persons is located outside the United States.
As a result, it may be difficult for you to effect service of process within the United States upon these persons. It may also be
difficult for you to enforce the U.S. courts judgments obtained in U.S. courts including judgments based on the civil liability
provisions of the U.S. federal securities laws against us and our officers and directors. See “Risk Factors — Risks
Related to Doing Business in China — Certain legal requirements shall be met for effecting service of legal process, enforcing foreign judgments or bringing actions in China against us or our management named in the prospectus.”

As of the date of this prospectus, our issued and outstanding
share capital consists of 12,498,611 Class A Ordinary Shares and 580,000 Class B ordinary shares, par value US$0.0001 per share (each,
a “Class B Ordinary Share”, collectively, “Class B Ordinary Shares”). Holders of Class A Ordinary Shares and Class
B Ordinary Shares will have different rights in relation to the right to receive dividend, the right to receive distribution of the surplus
assets on liquidation, voting, authorisation of issue and transfer rights. The holders of Class A Ordinary Shares have the right to an
equal share in any dividend paid by the Company and the right to an equal share in the distribution of the surplus assets of the Company
on its liquidation. Holders of Class B Ordinary Shares shall not receive the right to any dividend paid by the Company or receive the
right to any distribution of the surplus assets of the Company on its liquidation. Holders of Class A Ordinary Shares shall be entitled
to one vote per share on all matters subject to the vote at general meetings of the Company, and holders of Class B Ordinary Shares shall
be entitled to