Company: MASK
Filing Date: 2025-06-24
Form Type: F-1
Source: 0001185185-25-000685
Chunk: 160

Company: 3 E Network Technology Group Ltd
Filing Date: 2025-06-24
Form: F-1
Chunk 160
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 we provide to that customer. Therefore, obtaining new customers is important
for us to achieve rapid revenue growth.

Smart Property Management System

We designed a smart property management system
for property management companies in the PRC. On December 17, 2021, the Ministry of Housing and Urban-Rural Development (“MoHURD”)
of the PRC issued a paper encouraging property management companies to use digital property management system incorporating smart technology
to provide better service to their residents. We believe that our system meets the specifications of digital property management system
promoted by the ministry that can integrate community management, property management, municipal services, and smart home management functions
into a single system.

Our property management system uses a Chinese mobile
social messaging app, WeChat, and its mini program platform and the latest information technologies such as internet of things, cloud
computing and mobile internet to provide services to its users.

WeChat is one of the most popular mobile applications
in China, as of the second quarter of 2022, according to Tencent Inc., the social media company that developed WeChat, there were approximately
1.3 billion monthly active users of WeChat. It combines messaging, social networking, audio and video calls, teleconferencing, short
video distribution, news and web content distribution, e-commerce, gaming and financial payments into one “super-app”. Through
WeChat, our clients and the residents of the properties they manage can easily access the property management systems that we help design
and develop for our clients.

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WeChat mini programs are sub-applications that
third parties can develop using JavaScript on WeChat’s application platform. Akin to a relationship between a web application hosting
platform and a web application owner and operator, WeChat and our clients are bound by contractual agreements and our clients are responsible
for the operations of the WeChat mini programs that we develop for our clients and deploy to the WeChat platforms. Third parties like
our property management clients would register and agree to standard terms of conditions required by WeChat, and we would design and develop
a customized property management portal connected through a WeChat mini program for property management companies to use the portal to
manage a specific property and residents to access to portal for services and payments. Key terms and conditions regarding using WeChat
mini programs are summarized as follows: (i) mini programs can only be released to WeChat users after Tencent has reviewed and approved
mini programs submitted by registered developers