Company: MASK
Filing Date: 2025-01-10
Form Type: 424B4
Source: 0001213900-25-002376
Chunk: 143

Company: 3 E Network Technology Group Ltd
Filing Date: 2025-01-10
Form: 424B4
Chunk 143
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 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     |     | 100% owned by HK 3e Network                                                                                   |     | Information Technology               |
| Guangzhou 3E Network Technology Company Limited (“Guangzhou 3E Network”)    |     | •   A PRC company                    
 •   Incorporated on January 17, 2023 |     | 100% owned by HK 3e Network                                                                                   |     | Information Technology               |

74 MANAGEMENT’S DISCUSSION AND ANALYSIS OF
FINANCIAL CONDITION AND RESULTS OF OPERATIONS The following discussion and analysis of its financial condition and results of operations should be read in conjunction with the section headed “Summary Financial and Operating Data” and its financial statements and the related notes included elsewhere in this prospectus. This discussion contains forward -lookingstatements that involve risks and uncertainties. Its actual results and the timing of selected events could differ materially from those anticipated in these forward -lookingstatements as a result of various factors, including those set forth under “Risk Factors” and elsewhere in this prospectus. Business Overview We are a business -to -business(“B2B”) information technology (“IT”) business solutions provider. Our business includes two main portfolios, software development portfolio, and exhibition and conference portfolio. The proportion of revenue from each of these two main portfolios was 99.25% and 0.74% for the year ended June30, 2024, respectively, and 98.6% and 1.4% for the year ended June 30, 2023, respectively. We also conduct hardware sales, a minor portfolio that generated 0.01% for