Company: MASK
Filing Date: 2025-06-24
Form Type: F-1
Source: 0001185185-25-000685
Chunk: 127

Company: 3 E Network Technology Group Ltd
Filing Date: 2025-06-24
Form: F-1
Chunk 127
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 Law based either on application, treaties between China and the
country where the judgment is made or on principles of reciprocity between jurisdictions. Under PRC law, courts in the PRC will not enforce
a foreign judgment or ruling against us or our directors and officers if (i) the foreign court has no jurisdiction over the case pursuant
to the provisions of Article 301 of the PRC Civil Procedure Law, (ii) the respondent has not been legitimately summoned, or the respondent
has been legitimately summoned but has not been given a reasonable opportunity to make a representation and debate, or the litigant without
litigation capacity has not been assigned appropriate agent; (iii) the judgment or ruling is obtained by fraud; (iv) the people’s
court has made a judgment or ruling on the same dispute, or has recognized the judgment or ruling made by a court of a third country for
the same dispute; or (v) the judgment or ruling violates the basic principles of PRC law or harms the national sovereignty, security or
public interest. As there currently exists no bilateral treaty, international convention or other form of reciprocity between China and
the United States governing the recognition of judgments, including those predicated upon the liability provisions of the U.S. federal
securities laws, it is uncertain whether a PRC court would enforce a judgment rendered by a court in the U.S.

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Under the PRC Civil Procedures Law, foreign shareholders
may originate actions based on PRC law against us in the PRC, if they can establish sufficient nexus to the PRC for a PRC court to have
jurisdiction, and meet other procedural requirements, including, among others, the plaintiff must have a direct interest in the case,
and there must be a concrete claim, a factual basis and a cause for the suit. However, it will be difficult for foreign shareholders
to establish sufficient nexus to the PRC by virtue only of holding our Class A Ordinary Shares.

Peter Chen Law Office has further advised us that foreign judgments
of United States courts will not be directly enforced in Hong Kong as there are currently no treaties or other arrangements
providing for reciprocal enforcement of foreign judgments between Hong Kong and the United States and the statutory registration
scheme under the Foreign Judgments (Reciprocal Enforcement) Ordinance (Chapter 319 of the laws of Hong Kong) does not apply to judgments
of the United States. However, a judgment of a court in the United States predicated