Company: MASK
Filing Date: 2025-06-24
Form Type: F-1
Source: 0001185185-25-000685
Chunk: 89

Company: 3 E Network Technology Group Ltd
Filing Date: 2025-06-24
Form: F-1
Chunk 89
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, laws and regulations may be quick and, could have a material adverse
effect on our business and the value of our Class A Ordinary Shares.

Our business, financial condition, results of operations and prospects
are subject, to a significant extent, to economic, political and legal developments in mainland China. For example, as a result of the
changes in the cybersecurity regulations in mainland China that would require certain Chinese technology firms to undergo a cybersecurity
review before being allowed to list on foreign exchanges, this may have a material adverse effect on our business and the value of our
Class A Ordinary Shares.

Mainland China’s economy differs from the
economies of most developed countries in many respects, including the amount of government involvement, level of development, growth rate,
control of foreign exchange and allocation of resources. While the PRC economy has experienced significant growth in the past two to three
decades, growth has been uneven, both geographically and among various sectors of the economy. Demand for target services and products
depends, in large part, on economic conditions in mainland China. Any slowdown in mainland China’s economic growth may cause our
potential customers to delay or cancel their plans to purchase our services and products, which, in turn, could reduce our net revenues.

Although mainland China’s economy has been
transitioning from a planned economy to a more market-oriented economy since the late 1970s, the PRC government continues to play a significant
role in regulating industry development by imposing industrial policies. The PRC government also has significant influence over mainland
China’s economic growth through allocating resources, controlling the incurrence and payment of foreign currency-denominated obligations,
setting monetary policy and providing preferential treatment to particular industries or companies. Changes in any of these policies,
laws and regulations may be quick and could adversely affect the economy in mainland China and could have a material adverse effect on
our business and the value of our Class A Ordinary Shares.

The PRC government has implemented various measures
to encourage foreign investment and sustainable economic growth and to guide the allocation of financial and other resources. However,
we cannot assure you that the PRC government will not repeal or alter these measures or introduce new measures that will have a negative
effect on us, or more specifically, we cannot assure you that the PRC government will not initiate possible governmental actions or scrutiny
to us, which could substantially affect our operation and the value of our Class A Ordinary Shares may depreciate quickly. Mainland China’s
social and political conditions may change and become unstable