Company: AEHL
Filing Date: 2025-08-05
Form Type: 20-F/A
Source: 0001641172-25-022290
Chunk: 15

Company: Antelope Enterprise Holdings Ltd
Filing Date: 2025-08-05
Form: 20-F/A
Chunk 15
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 and other adverse consequences.

The Public Company Accounting Oversight Board currently cannot inspect audit documentation located in China

Our shares may be delisted under the HFCA Act

We are dependent on political, economic, regulatory and social conditions in the PRC.

In light of recent events indicating greater oversight by the Cyberspace Administration of China, or CAC, over data security, particularly for companies seeking to list or listed on a foreign exchange, we are subject to a variety of laws and other obligations regarding cybersecurity and data protection,

Our business activities are subject to certain PRC laws and regulations.

PRC foreign exchange control may limit our ability to utilize our profits effectively and affect our ability to receive dividends and other payments from our PRC subsidiaries.

Introduction of new laws or changes to existing laws by the PRC government may adversely affect our business.

Environmental, health and safety laws have in the past and may in the future impose material liabilities on us

Our business will suffer if we lose our land use rights.

It may be difficult for overseas shareholders and/or regulators to conduct investigation or collect evidence within China.

Fluctuations in exchange rates could adversely affect our business and the value of our shares.

Under the EIT Law, Antelope Enterprises, Success Winner and/or Vast Elite and Antelope HK may be classified as a “resident enterprise” of the PRC. Such classification could result in PRC tax consequences to Antelope Enterprises, our non-PRC resident shareholders, Success Winner and/or Vast Elite and Antelope HK.

Risks Factors Relating to Our Class A Ordinary Shares

We are a “controlled company” within the meaning of the NASDAQ Stock Market Rules

NASDAQ may Delist US

There is a risk that Antelope Enterprises will be classified as a passive foreign investment company, or “PFIC

As the rights of shareholders under British Virgin Islands law differ from those under U.S. law, you may have fewer protections as a shareholder.

The market price for our shares has been and may continue to be volatile.

We did not pay a dividend after January 2015 and do not currently plan to pay a dividend in the near future. We may not be able to pay any dividends on our shares in the future due to British Virgin Islands law.

We may need additional capital, and the sale of additional shares or equity or debt securities could result in additional dilution to our shareholders.

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Risk Factors Relating to Our Business

We have a limited operating history in a highly competitive technology segment. Furthermore, if certain consumer