3 E Network Technology Group Ltd (NASDAQ: MASK)

3e Network is a business-to-business information technology solutions provider that develops and delivers software systems for property management, restaurant operations, clean energy utilities, and exhibition and conference services. The company focuses on creating customized software platforms that integrate with cloud services and mobile applications to meet the specific needs of its clients across these sectors.

Revenue is generated primarily from the sale and customization of software solutions, which accounted for 99.25% of total revenue in the fiscal year ended June 30, 2024 and 100% in the fiscal year ended June 30, 2025. Additional revenue historically came from exhibition and conference services and hardware sales, but these contributions have become negligible as the company shifted its focus to core software development. The company serves a diverse client base that includes property management firms, restaurant operators, solar energy management companies, and exhibition organizers.

The company operates through the following segments:

• Software Development: This segment designs and delivers custom software systems for property management, restaurant management, and clean energy applications, including smart access controls, payment processing, membership management, and photovoltaic power plant monitoring.

• Exhibition and Conference Services: This segment provides software support and related hardware for entrance control, ticketing, attendee tracking, and online exhibition platforms, enabling organizers to manage events from preparation through post‑event analysis.

Within the IT services industry, 3e Network competes with larger firms such as Eastfair Technology Company Limited, Shanghai Tonggao Information and Technology Company Limited, Shenzhen Jeez Technology Co Ltd., Guangdong Cyberway Information and Technology Company Limited, iChef Co., Ltd., Everywhere Limited, and Eats365 Inc. The company differentiates itself through its deep sector expertise in property management and exhibition services, its ability to integrate software with widely used platforms like WeChat, and its focus on delivering tailored solutions that clients fully own and operate after deployment.

The company serves property management companies, restaurant chains, solar energy management firms, and exhibition and conference organizers. Specific customers referenced in the filing include the Chinese Academy of Science and the Guangzhou Institute of Energy Conversion, for which 3e Network provides data collection software to support renewable energy certification.