Company: MASK
Filing Date: 2025-06-24
Form Type: F-1
Source: 0001185185-25-000685
Chunk: 157

Company: 3 E Network Technology Group Ltd
Filing Date: 2025-06-24
Form: F-1
Chunk 157
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 in the Eastern, Central, Western and Northeastern regions were RMB10,078.3 billion,
RMB696.5 billion, RMB1,262.6 billion, and RMB288.4 billion respectively, a year-on-year increase of 13.8%, 14.7%, 8.7%,
and 13.9%, respectively. The growth rates of Eastern, Central and Western regions were higher than the national average by 0.4%, 4% and
0.5% respectively. Revenue from the Software Industry of the four regions accounted for 81.8%, 5.7%, 10.2% and 2.3% of the country’s
total revenue, respectively.

<div align='center'>Figure 5 Revenue growth of the software industry
by region in 2023</div>

The growth trend in the Beijing Tianjin Hebei region
is prominent, while the Yangtze River Delta region is steadily rising. In 2023, the software business revenue in the Beijing Tianjin Hebei
region reached 2.9827 trillion yuan, a year-on-year increase of 17.1%, which is 3.7 percentage points higher than the national average
level. The software business revenue in the Yangtze River Delta region reached 3543.7 billion yuan, a year-on-year increase of 10.6%,
with a growth rate 2.5 percentage points higher than the same period last year. The proportion of software business revenue in the total
national revenue in the two regions is 24.2% and 28.7%, respectively.

<div align='center'>89</div>

The proportion of revenue from major “software
hub provinces” increased slightly while that of some central and western province and cities showed obvious growth. In 2023, among
the top five provinces in terms of revenue from the Software Industry were Beijing, Guangdong, Jiangsu, Shandong, and Zhejiang. The total
revenue from the Software Industry in the five provinces in 2023 was RMB8,513.5 billion, accounted for 69.1% of the national total,
an increase of 1.1% when compared with the same period last year. There were 13 provinces and cities with their growth rate of software
business revenue higher than the national average, among which the provinces with growth rate higher than 20% were concentrated in the
central and western regions, including