Company: AEHL
Filing Date: 2025-08-05
Form Type: 20-F/A
Source: 0001641172-25-022290
Chunk: 19

Company: Antelope Enterprise Holdings Ltd
Filing Date: 2025-08-05
Form: 20-F/A
Chunk 19
---
 recorded an impairment
of assets.

We may inadvertently infringe third-party intellectual property rights, which could negatively impact our business and financial results.

We are not aware of, nor have
we received any claims from third parties for, any violations or infringements of intellectual property rights of third parties by us
as of the date of this Annual Report. Nevertheless, there can be no assurance that as we develop new product designs and production
methods, we would not inadvertently infringe the intellectual property rights of others or others would not assert infringement claims
against us or claim that we have infringed their intellectual property rights. Claims against us, even if untrue or baseless, could result
in significant costs, legal or otherwise, cause product shipment delays, require us to develop non-infringing products, enter into licensing
agreements or may be a distraction to our management. Licensing agreements, if required, may not be available on terms acceptable to us
or at all. In the event of a successful claim of intellectual property rights infringement against us and our failure or inability to
develop non-infringing products or to license the infringed intellectual property rights in a timely or cost-effective basis, our business
and/or financial results will be negatively impacted.

| 11 |

Risk Factors Relating to the Planned Energy Supply Business

We might not be able to launch the energy supply business as planned or at all, or generate revenue as planned.

Our plan is subject to many factors
that are beyond of our control such as fluctuation of the natural gas price, business negotiation with the natural gas provider(s), fluctuation
of the crypto price, competition of various electricity suppliers in the region where we plan to operate etc. As a new player in the energy
industry, we might not be able to secure natural gas at the price point as we desire and manage the business as planned.

Our financial performance in this planned business will be affected by commodity price fluctuations in the wholesale and retail power and natural gas markets and other market factors that are beyond our control.

We will use natural gas as the
source to generate electricity. Market prices for power, generation capacity, ancillary services, and natural gas are unpredictable. Depending
upon price risk management activity undertaken by us, a decline in market prices for power, generation capacity, and ancillary services
may adversely affect our financial performance. Long- and short-term power and natural gas prices may also fluctuate substantially due
to other factors outside of our control, including:

● increases and decreases
in generation capacity