Company: AEHL
Filing Date: 2025-08-05
Form Type: 20-F/A
Source: 0001641172-25-022290
Chunk: 109

Company: Antelope Enterprise Holdings Ltd
Filing Date: 2025-08-05
Form: 20-F/A
Chunk 109
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 2014 and December 12, 2014, respectively. No dividends
were paid subsequent to January 14, 2015. The Company does not anticipate paying dividends in the near future.

We are a holding company incorporated
in the British Virgin Islands operating our business through our subsidiaries in China. As a holding company, we may rely on dividends
and other distributions on equity paid by our subsidiary in Hong Kong, and the subsidiaries in China, for our cash and financing requirements.
The payment of dividends to Antelope Enterprises by our Chinese subsidiaries is affected by means of dividends by those entities to their
Hong Kong direct parent and a redividend by that Hong Kong entity to Antelope Enterprises. Such dividends are effected by resolution of
the board of directors of each such entity (after provision for applicable tax obligations). China is a foreign exchange administration
country. Capital injections, cross-border trade and services transactions settled in foreign exchange, overseas financing and profit repatriations
are subject to the foreign exchange administration regulations. A Chinese subsidiary owned by foreign company must apply for registration
of foreign exchange with the SAFE after the issuance of a business license and obtain a foreign exchange registration certificate. When
the Chinese subsidiaries apply for repatriating dividends to foreign shareholders, it must submit the application form to SAFE with the
proof that such dividends have been subjected to all applicable tax withholding. A Chinese subsidiary can only distribute dividends out
of its accumulated profits, which means that any accumulated losses must be more than offset by its profits in other years, including
the current year. Please refer to “Item 4 Information on the Company – History and Development of the Company - Cash Transfers
Within Our Organization” for more information.

| B. | Significant Changes |

Except as disclosed elsewhere
in this Annual Report, we have not experienced any significant changes since the date of our audited consolidated financial statements
included in this Annual Report.

| 62 |

| ITEM 9. | THE OFFER AND LISTING |

| A. | Offer and Listing Details |

Our Class A ordinary shares are listed on the Nasdaq
Capital Market under the symbol “AEHL”.

B. Plan of Distribution

Not Applicable.

| C. | Markets |

Our Class A ordinary shares are
listed on the NASDAQ Capital Market since October 15, 2020 under the symbol “AEHL”.

| D. | Selling Shareholders |

Not Applicable.

| E. | Dilution |

Not Applicable.

| F. | Expenses of the Issue |