Company: AEHL
Filing Date: 2025-08-05
Form Type: 20-F/A
Source: 0001641172-25-022290
Chunk: 150

Company: Antelope Enterprise Holdings Ltd
Filing Date: 2025-08-05
Form: 20-F/A
Chunk 150
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 be paid in four annual installments. On February 21, 2023, the Company’s shareholders approved this transaction. On April 28, 2023, this transaction was closed. The has transferred its ownership of the ceramic tile manufacturing business to the New Stonehenge Limited, and New Stonehenge Limited has become the 100% owner of Hengda, which is the 100% owner of Hengdali.

On February 21, 2023, the shareholders of the Company approved and adopted an amended and restated memorandum and articles of association (the “Amended M&A”), which changed the authorized issued share capital of the Company from US$ 4,800,000divided into 200,000,000ordinary shares with a par value of US$ 0.024each, to (i) 250,000,000ordinary shares re-designated as (a) 200,000,000Class A ordinary shares with no par value each, and (b) 50,000,000Class B ordinary shares with no par value each, and (ii) 50,000,000preferred shares with no par value each, (the “Re-Designation of the Authorized Capital”). Each Class A ordinary share is entitled to one (1) vote and each Class B ordinary share is entitled to twenty (20) votes. In connection with the Re-Designation of the Authorized Capital, 977,755ordinary shares (pre-reverse split) owned by Mr. Weilai (Will) Zhang then were converted into 977,755Class B ordinary shares (pre-reverse split), and the rest of the then outstanding and issued outstanding ordinary shares were converted into Class A ordinary shares on an one-for-one basis.

On September 18, 2023, the Company effected a one-for-ten reverse split of its issued and outstanding Class A ordinary shares.

On April 3, 2025, the Company effected a 1-for-40 reverse split of its issued and outstanding Class A ordinary shares. The consolidated financial statements as of December 31, 2024 and 2023, and
for the years ended December 31, 2024, 2023 and 2022 were retroactively restated to reflect this reverse split.

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Antelope Enterprise Holdings Limited and its subsidiaries’ (the “Company”) corporate structure as of December 31, 2024 is as follows:

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SCHEDULE OF CH