Company: MASK
Filing Date: 2025-12-02
Form Type: POS AM
Source: 0001185185-25-001899
Chunk: 12

Company: 3 E Network Technology Group Ltd
Filing Date: 2025-12-02
Form: POS AM
Chunk 12
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etermine that our transactions or arrangements are for the primary purpose of enjoying a favorable tax treatment, the relevant tax authorities
may adjust the favorable withholding tax in the future. Accordingly, there is no assurance that the reduced 5% withholding rate will
apply to dividends received by HK 3e Network from Guangzhou Sanyi Network and Guangzhou 3E Network historically. This withholding tax
will reduce the amount of dividends we may receive from Guangzhou Sanyi Network and Guangzhou 3E Network historically. Under the current
applicable laws and regulations in relation to taxation in Hong Kong, no withstanding tax is levied in Hong Kong in respect
of dividends paid by HK 3e Network to its shareholder(s). Any limitation on the ability of our Hong Kong subsidiary to pay dividends
or make other distributions to us could materially and adversely limit our ability to grow, make investments or acquisitions that could
be beneficial to our business, pay dividends, or otherwise fund and conduct our business. For more details on the relevant information
for dividend payments or distributions, see “Prospectus Summary — Dividend Distributions or Assets Transfer among
the Holding Company and Subsidiaries”, and “Risk Factors — Risks Related to Doing Business in China — The transfer of funds, dividends and other distributions between us and our subsidiaries is subject to restriction.” and “Risk
Factors — Risks Related to Doing Business in China — To the extent any funds or assets in the business is in mainland China or Hong Kong or a mainland China or Hong Kong entity, the funds or assets may not be available to fund operations or for other use outside of mainland China or Hong Kong.”

For a summary of the condensed consolidated schedule
and the consolidated financial statements, see “Summary Consolidated Financial and Operating Information”; “Risk Factors — Risks
Related to Doing Business in China — We are subject to the laws and regulations of the PRC, which can change quickly with little advance notice and differs in material aspects from the laws of the United States.”; “— We must remit the offering proceeds to mainland China before they may be used to benefit our business in mainland China, the process of which may be time-consuming, and we cannot assure that we can finish all necessary governmental registration processes in a timely manner.”;
“— PRC regulation of loans and direct investment by offshore holding companies to PRC entities may delay or prevent us from using the proceeds of this offering to make loans or additional capital contributions to our PRC subsidiaries, which could materially and