Company: MASK
Filing Date: 2025-06-24
Form Type: F-1
Source: 0001185185-25-000685
Chunk: 154

Company: 3 E Network Technology Group Ltd
Filing Date: 2025-06-24
Form: F-1
Chunk 154
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 accounts receivable collections.

The following table sets forth a summary of our
cash flows for the periods indicated:

|                                                              |     |                       Six 
 months ended December 31, |          |   |     |      |          |   |
|                                                              |     |                      2024 |          |   |     | 2023 |          |   |
| Net cash provided by operating activities                    |     |                       US$ |  389,450 |   |     |  US$ |  867,653 |   |
| Net cash used in financing activities                        |     |                           | (355,610 | ) |     |      | (795,908 | ) |
| Effect of exchange rate changes on cash and cash equivalents |     |                           |  (14,059 | ) |     |      |   22,926 |   |
| Net increase in cash and cash equivalents                    |     |                           |   19,781 |   |     |      |   94,671 |   |
| Cash and cash equivalents at the beginning of period         |     |                           |   51,809 |   |     |      |   19,396 |   |
| Cash and cash equivalents at the end of period               |     |                       US$ |   71,590 |   |     |  US$ |  114,067 |   |

To date, we have financed our operations primarily
through borrowings from our stockholders, related and unrelated parties.

Net cash provided by operating activities was US$389,450
for the six months ended December 31, 2024, as compared to US$867,653 net cash provided by operating activities for the six months ended
December 31, 2023. The net cash provided by operating activities for the six months ended December 31, 2024 was mainly due to our net
income of US$1,069,327 partially offset by the increase in accounts receivable of US$1,193,399. The net cash provided by operating activities
for the six months ended December 31, 2023 was mainly due to our net income of US$684,393, partially offset by the increase in accounts
receivable of US$144,789.

Net cash used in financing activities was US$355,610
for the six months ended December 31, 2024, as compared to US$795,908 used in for the six months ended December 31