Company: MASK
Filing Date: 2025-06-24
Form Type: F-1
Source: 0001185185-25-000685
Chunk: 55

Company: 3 E Network Technology Group Ltd
Filing Date: 2025-06-24
Form: F-1
Chunk 55
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 of electricity or changes in customer preferences would adversely impact our business opportunities.

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The reduction, elimination or expiration
of government subsidies and economic incentives for solar energy systems could reduce the demand for our products and services.

National and local government bodies and utilities
in China provide incentives to end-users, distributors, system integrators and manufacturers of solar energy systems to promote solar
electricity in the form of rebates, tax credits and other financial incentives such as system performance payments and payments for renewable
energy credits associated with renewable energy generation. These incentives enable our customers to lower the price they charge for solar
energy systems, but might expire on a particular date, end when the allocated funding is exhausted, or be reduced or terminated as solar
energy adoption rates increase and often occur without warning. Applicable authorities might also adjust or decrease incentives or include
provisions for minimum domestic content requirements or other requirements to qualify for these incentives. The reduction, elimination
or expiration of such incentives or delays or interruptions in the implementation of favorable federal or state laws could substantially
reduce our customers’ profit margin, increase the comparative costs of our products, and disincentivize further development of our
customers’ operations, resulting in a significant reduction in demand for our products, which would negatively impact our business.

Existing regulations, and changes to
such regulations, might present technical, regulatory and economic barriers to the installation of solar energy systems, which may significantly
reduce demand for our solar energy systems.

The installation of solar energy systems is subject
to oversight and regulation under local ordinances; building, zoning and fire codes; utility interconnection requirements for metering;
and other rules and regulations. Certain jurisdictions may have ordinances that prevent or increase the cost of installation of our solar
energy systems. New government regulations or utility policies pertaining to the installation of solar energy systems are unpredictable
and might result in significant additional expenses or delays, which could cause a significant reduction in demand for solar energy systems.

The growth and success of our business
depends on our ability to anticipate and develop new services and enhance existing services in order to keep pace with rapid changes in
technology and in the industries we focus on.

The market for our services is characterized by
rapid technological change, evolving industry standards, changing customer preferences and new product and service introductions. Our
future growth and success depend significantly on our ability to anticipate developments in IT services, and develop and offer new product
and service lines to meet our customers’ evolving needs. We may not be successful