MASK News & Events

3 E Network Technology announced that its Hong Kong-based subsidiary, 3e Network Technology Company Limited, entered into a strategic framework agreement on May 18 with Aladdin Alaris AI, an advanced robotics company based in California. The strategic partnership framework aims to combine their respective expertise in underlying semiconductor technology, software development, and mechatronic integration to explore the co-development of next-generation service robots for the smart healthcare and eldercare sectors, while exploring opportunities for joint market expansion in the United States. Under the agreement, the collaboration is intended to extend beyond traditional supply chain procurement and reflects the parties' intention to pursue "Hardware-Software Co-design" joint innovation. The two companies plan to explore technical integration between edge computing chips and complete robotic systems. Under the framework, the company plans to custom-develop the core Edge AI System-on-Chip for the jointly developed eldercare robots and lead the development of highly adaptable real-time control algorithms. Leveraging its expertise in the semiconductor sector, the main control chip would be designed with an advanced heterogeneous architecture aimed at achieving low-latency, concurrent processing of multi-modal sensor data through silicon-level optimization. As a robotics system innovator in California, Aladdin Alaris AI is expected to lead the design of the robotic hardware architecture, mechatronic whole-machine integration, and manufacturing delivery. On the software ecosystem front, Aladdin Alaris AI plans to develop the upper-level master control system and AI decision-making applications, exploring seamless integration into its proprietary smart healthcare cloud platform. Through an envisioned Edge-Cloud Synergy mechanism, both parties aspire to endow the robots with autonomous navigation, environmental perception, and intelligent interaction capabilities, ultimately facilitating effective connectivity between health monitoring data and the broader healthcare ecosystem. Through this planned technical integration, the two parties aim to address existing challenges in medical robots in data processing and sensor fusion.

This filing relates to the offer and sale from time to time by the selling stockholder of up to 17.13M Class A ordinary shares. The company is not selling any shares under this prospectus and will not receive any of the proceeds from the sale of shares by the selling stockholders.

3 E Network Technology announced a new strategic development blueprint for its semiconductor and artificial intelligence server operations. Prepared under the leadership of VP Siyang Hu, the blueprint focuses on building a vertically integrated ecosystem spanning from custom chip design to full server system delivery. The company noted it is steadily shifting its product focus from traditional distributed storage to high-performance computing systems targeting all-flash scenarios. "Looking ahead, 3 E Network is committed to the principle of 'software-defined compute.' By putting this into practice, we aim to support enterprise customers in their AI deployment. This approach is intended to deliver improved performance while contributing to the value of our products and supporting customer retention," said Siyang Hu, VP.

3 E Network Technology announced that it has received a formal notification from Nasdaq indicating that the company has regained compliance with Listing Rule 5550, the exchange's minimum bid price requirement. As a result, the company no longer intends to pursue the previously contemplated appeal of the staff's delisting determination, and the related hearing has been cancelled. The company's Class A ordinary shares will remain listed on Nasdaq.