Company: MASK
Filing Date: 2025-06-24
Form Type: F-1
Source: 0001185185-25-000685
Chunk: 135

Company: 3 E Network Technology Group Ltd
Filing Date: 2025-06-24
Form: F-1
Chunk 135
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Purchase Agreement with the Selling Shareholder, pursuant to which the Company issued 1,248,611 Pre-Delivery Shares, and pre-funded warrants
to purchase an additional 213,389 Pre-Delivery Shares.

As a result, as of the date hereof, there are 12,498,611
issued and outstanding Class A Ordinary Shares of the Company, and 580,000 shares of Class B Ordinary Shares issued and outstanding.

In March 2025, HK 3e Network entered into two equity
transfer agreements with HongKong Techfaith Limited (“Techfaith”) and sold to Techfaith (i) 60% of equity interest of Guangzhou
Sanyi Network for a total consideration of approximately RMB6,204,000 in cash; and (ii) 100% of equity interest of Guangzhou 3E Network
for a total consideration of approximately RMB1,390,000 in cash. These sales reflect our broader strategy to reallocate resources toward
expanding its overseas operations, particularly in Hong Kong and Southeast Asia. Following the completion of these transactions, our operations
were primarily carried on by our Hong Kong subsidiary, HK 3e Network.

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Corporate Structure

The following diagram illustrates our corporate
structure as of the date of this prospectus:

| Name                                                                        
 3e Network Technology Holdings Limited (“BVI 3e Holdings”)                  
 3e Network Technology Company Limited (“HK 3e Network”)                     |     | Background            
 ●        A            
 BVI company           
 ●        Incorporated 
 on October 8, 2018    
 ●        A            
 Hong Kong company     
 ●        Incorporated 
 on August 30, 2018    |     | Ownership                                                                                                     
 Currently 100% owned by 3 E Network Technology Group Limited, a BVI company controlled by Joseph Shu Sang Law 
 100% owned by BVI 3e Holdings                                                                                 |     | Principal                            
 activities                           
 Investment holding                   
 Investment holding Sales & Marketing |
|:----------------------------------------------------------------------------|:----|:----------------------|:----|:--------------------------------------------------------------------------------------------------------------|:----|:-------------------------------------|
| Guangzhou 3e Network Technology Company Limited (“Guangzhou Sanyi Network”) |     | ●        A            
 PRC company           
 ●        Incorporated 
 on May 26, 2017       |     | 40% owned by HK 3e Network                                                                                    |     | Information Technology               |

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MANAGEMENT