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The latest announcement is out from 3 E Network Technology Group Ltd. Class A ( (MASK) ).
On December 25, 2025, 3 E Network Technology Group Ltd.’s Hong Kong subsidiary, 3e Network Technology Company Limited, entered into an equity transfer agreement to sell its 40% equity stake in Guangzhou 3e Network Technology Company Limited (Guangzhou Sanyi) to HongKong Techfaith Limited for approximately RMB 5.3 million in cash. The deal, disclosed in a Form 6-K filed on December 30, 2025, will result in Techfaith owning 100% of Guangzhou Sanyi, which provides software development and exhibition and conference services, marking a full exit by 3 E Network Technology Group from this particular mainland China unit and potentially narrowing its direct operational exposure to that segment while giving it additional liquidity and allowing Techfaith to fully consolidate the business.
More about 3 E Network Technology Group Ltd. Class A
3 E Network Technology Group Ltd., through its Hong Kong subsidiary 3e Network Technology Company Limited, operates in the technology and internet services space, with interests that include software development and related digital services. One of its key affiliates, Guangzhou 3e Network Technology Company Limited (Guangzhou Sanyi), focuses on software development as well as exhibition and conference services in mainland China, positioning the group within both the enterprise technology solutions and event services markets.
Average Trading Volume: 7,212,617
Technical Sentiment Signal: Strong Sell
Current Market Cap: $2.92M
For an in-depth examination of MASK stock, go to TipRanks’ Overview page.