Company: MASK
Filing Date: 2025-12-02
Form Type: POS AM
Source: 0001185185-25-001899
Chunk: 264

Company: 3 E Network Technology Group Ltd
Filing Date: 2025-12-02
Form: POS AM
Chunk 264
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 TOTAL LIABILITIES                                   |     | $        | - |     | $        | 1,007,151 |     | $        |   676,610 |

<div align='center'>F-17

3 E NETWORK TECHNOLOGY GROUP LIMITED

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS</div>

3. Discontinued operation(cont. )

The following is a reconciliation
of the major classes of financial statement line items constituting net (loss)/income from discontinued operations from Guangzhou Sanyi
Network and Guangzhou 3E Network, our discontinued operation, that is disclosed in the notes to the financial statements and presented
in the consolidated statements of net (loss)/income for the years ended June 30, 2025, 2024 and 2023:

|                                                              |     | Years Ended June 30, |            |   |     |      |            |   |     |      |           |   |
|                                                              |     |                 2025 |            |   |     | 2024 |            |   |     | 2023 |           |   |
|                                                              |     |                  US$ |            |   |     |  US$ |            |   |     |  US$ |           |   |
| Net revenues                                                 |     |                      |  1,825,288 |   |     |      |  3,702,619 |   |     |      | 1,634,221 |   |
| Cost of revenues                                             |     |                      | (1,121,174 | ) |     |      | (2,216,444 | ) |     |      |  (389,022 | ) |
| Taxes and other surcharges                                   |     |                      |     (5,598 | ) |     |      |     (9,934 | ) |     |      |    (3,788 | ) |
| Gross profit                                                 |     |                      |    698,516 |   |     |      |  1,476,241 |   |     |      | 1,241,411 |   |
| Operating expenses                                           |     |                      |   (551,578 | ) |     |      |   (471,218 | ) |     |      |  (194,476 | ) |
| Other income/(expenses).net                                  |     |                      |      1,501 |   |     |      |     10,178 |