Company: MASK
Filing Date: 2025-12-02
Form Type: POS AM
Source: 0001185185-25-001899
Chunk: 279

Company: 3 E Network Technology Group Ltd
Filing Date: 2025-12-02
Form: POS AM
Chunk 279
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 6,608,661 shares of Class A ordinary shares, with par value of US$0.0001 per share, which maybe issued under the Group's
share incentive plan.

On October 17, 2025, The
Group issued entered into a Securities Purchase Agreement with an institutional investor, pursuant to which the Group agreed to sell and
issue a convertible promissory note in the principal amount of $1,500,000 convertible into Class A ordinary shares of the Group with a
par value of US$0.0001 per share.

The Company has evaluated subsequent events through the date of issuance
of this consolidated financial statements, which was through November 14, 2025, and noted that there are no further material subsequent
events.

20. Financial Information of the Parent Company

The Parent Company was incorporated
on October 8, 2018. The following disclosures present the financial positions of the Parent Company as of June 30, 2025 and 2024, and
results of operations and cash flows of the Parent Company for the years ended June 30, 2025 and 2024.

The financial statements
of the Parent Company have been prepared using the same accounting policies as set out in the Group’s consolidated financial statements
except that the Parent Company uses the equity method to account for investments in its subsidiaries.

The Parent Company and its
subsidiaries were included in the consolidated financial statements whereby the inter-company balances and transactions were eliminated
upon consolidation. For the purpose of the Parent Company’s financial statements, its investments in subsidiaries are reported
using the equity method of accounting.

The Parent Company is a
BVI company, therefore, is not subject to income taxes for all years presented.

<div align='center'>F-27

3 E NETWORK TECHNOLOGY GROUP LIMITED

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS</div>

20. Financial Information of the Parent Company(cont.)

<div align='center'>Balance Sheets

(In US$, except for share and per share data,
or otherwise stated)</div>

| Assets                                                                                                                                                                         |     | As of June 30, 
 2025           |           |   |     | 2024 |           |   |
|:-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|:----|:---------------|----------:|:--|:----|:-----|----------:|:--|
| Cash and cash equivalents                                                                                                                                                      |     | $              |    28,761 |   |     | $    |         - |