Company: MASK
Filing Date: 2025-12-30
Form Type: F-1
Source: 0001185185-25-002198
Chunk: 200

Company: 3 E Network Technology Group Ltd
Filing Date: 2025-12-30
Form: F-1
Chunk 200
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 Mr. Huabei Zhu           |     |          |     28 |     |          |      - |     |          | - |
|                          |     |          | 58,325 |     |          | 25,614 |     |          | - |

On January 24, 2025, the Board
of Directors approved the issuance of shares of Class B Ordinary Shares to Ms. Jianping Niu and Class B Ordinary Shares
to Mr. Huabei Zhu, totaling shares with a par value of US$ per share. The Group has the right to collect subscription
proceeds of US$ from Ms. Jianping Niu and US$ from Mr. Huabei Zhu for their respective share subscriptions.

The balance of due from Mr. Shu
Sang Joseph Law represented cash advanced to these related parties to use for the Company’s operations.

|                                      |     |    As of |           |     |    As of |   |     |    As of |         |
|                                      |     | June 30, |           |     | June 30, |   |     | June 30, |         |
|                                      |     |     2025 |           |     |     2024 |   |     |     2023 |         |
|                                      |     |      US$ |           |     |      US$ |   |     |      US$ |         |
| Due to related parties – non-current |     |          |           |     |          |   |     |          |         |
| Mr.Tingjun Yang                      |     |          |    63,000 |     |          | - |     |          |       - |
| Guangzhou Sanyi Network              |     |          | 1,619,884 |     |          | - |     |          |       - |
| Mr. Shu Sang Joseph Law              |     |          |         - |     |          | - |     |          | 132,284 |
|                                      |     |          | 1,682,884 |     |          | - |     |          | 132,284 |

Due to related parties represents
interest-free loan payable on money borrowed by the Company and used for daily operation. These amounts are settled on demand. As of
the date of this financial statement, nil of the payable has been settled.

F-26 3 E NETWORK TECHNOLOGY GROUP LIMITED NOTES TO CONSOLIDATED FINANCIAL STATEMENTS