Company: MASK
Filing Date: 2025-06-24
Form Type: F-1
Source: 0001185185-25-000685
Chunk: 286

Company: 3 E Network Technology Group Ltd
Filing Date: 2025-06-24
Form: F-1
Chunk 286
---
, 2024. For entities other than public business entities,
the amendments are effective for annual periods beginning after December 15, 2025.

Other accounting pronouncements
that have been issued or proposed by the FASB or other standards-setting bodies that do not require adoption until a future date are not
expected to have a material impact on the Group’s consolidated financial position and results of operations upon adoption.

3. Accounts Receivables, net

|                                         |     |     |        As of 
 December 31, 
         2024 |   |     |     |     As of 
  June 30, 
      2024 |   |
|:----------------------------------------|:----|:----|-------------:|:--|:----|:----|----------:|:--|
|                                         |     | US$ |              |   |     | US$ |           |   |
| Less than 6 months                      |     |     |    2,276,202 |   |     |     | 1,530,290 |   |
| More than 6 months but less than 1 year |     |     |      379,825 |   |     |     |   518,615 |   |
| More than 1 year                        |     |     |      135,504 |   |     |     |    96,028 |   |
|                                         |     |     |    2,791,531 |   |     |     | 2,144,933 |   |
| Allowance for credit losses             |     |     |     (108,280 | ) |     |     |   (46,706 | ) |
| Total                                   |     |     |    2,683,251 |   |     |     | 2,098,227 |   |

<div align='center'>F-41

3 E NETWORK TECHNOLOGY GROUP LIMITED
NOTES TO INTERIM UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS</div>

3. Accounts Receivables, net (cont.)

The roll forward schedule of
accounts receivable allowance is as follows:

| Balance as of July 1, 2023         |     | Amount 
 US$    |        — |   |
|:-----------------------------------|:----|:-------|---------:|:--|
| Addition                           |     |        |  (46,981 | ) |
| Write off                          |     |        |