Company: MASK
Filing Date: 2025-06-24
Form Type: F-1
Source: 0001185185-25-000685
Chunk: 3

Company: 3 E Network Technology Group Ltd
Filing Date: 2025-06-24
Form: F-1
Chunk 3
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i Network and our entire 100% equity
interest in Guangzhou 3E Network. As a result, we now retain 40% equity ownership in Guangzhou Sanyi network. Going forward, all of our
business operations will be conducted through HK 3e Network, which will serve as our sole operating entity under this offering. This is
an offering of the Class A Ordinary Shares of 3e Network, the holding company incorporated in BVI, instead of shares of our historical
operating entities in mainland China, Guangzhou Sanyi Network and Guangzhou 3E Network, or our subsidiary in Hong Kong, HK 3e Network.
Our corporate structure may involve unique risks to investors. Our corporate structure may not be enforceable in the PRC, if PRC government
authorities or courts take a view that such corporate structure contravenes PRC laws and regulations or is otherwise not enforceable for
public policy reasons. In addition, the Chinese governmental authorities may take a different view than us about our corporate structure
because of the promulgation of new laws or regulations, or the new interpretation of existing laws and regulations. If the PRC government
authorities determine that our current corporate structure is non-compliant with PRC laws or regulations, we may lose the ability to effectively
control HK 3e Network and there will be a material change in our operations and/or a material change in the value of Class A Ordinary
Shares we are registering for sale. Such an event could significantly affect our ability to offer or continue to offer securities to investors,
and as a result, our Class A Ordinary Shares may decline significantly in value or become worthless. See more details under “Risk
Factors — Risks Related to Doing Business in China — Because substantially all of our operations are in China historically, and we expect to generate revenue in China through our wholly-owned subsidiary based in Hong Kong, we face risks arising from the legal system in China, including risks and uncertainties regarding the enforcement of laws and that rules and regulations in China can change quickly with little advance notice. The PRC government may exercise oversight and discretion over the conduct of our business or may intervene or influence our operations at any time, and our operations may be affected by evolving regulatory policies, all of which could result in a material change in our operations or the value of our securities, significantly limit or completely hinder our ability to offer or continue to offer securities to investors, or cause the value of our securities to significantly decline or become worthless.” and