Company: AEHL
Filing Date: 2025-08-05
Form Type: 20-F/A
Source: 0001641172-25-022290
Chunk: 203

Company: Antelope Enterprise Holdings Ltd
Filing Date: 2025-08-05
Form: 20-F/A
Chunk 203
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 31, 2024 and 2023, the Company had due to Weilai Zhang, (the Company’s CEO) of $ 252,000and $ 58,000no interest, unsecured and payable upon demand.

The director of Anhui Zhongjun, Zhang Yonghong, is also a director of the Company’s subsidiary, Chengdu Future Talented Management and Consulting Co., Ltd.

| F-49 |

25. COMMITMENTS

(a) Operating lease commitments

The Company leases production factories, warehouses and employees’ hostel from unrelated parties under non-cancellable operating lease arrangements. The leases have varying terms and the total future minimum lease payments of the Company under non-cancellable operating leases are payable as follows:

SCHEDULE OF TOTAL FUTURE MINIMUM LEASE PAYMENTS

|                                      |     |               2024 |       |     |    2023 |   |     |    2022 |    |
|                                      |     | As of December 31, |       |     |         |   |     |         |    |
|                                      |     |               2024 |       |     |    2023 |   |     |    2022 |    |
|                                      |     |            USD’000 |       |     | USD’000 |   |     | USD’000 |    |
| Within one year                      |     |                    |   348 |     |         | - |     |         | 48 |
| After one year and within five years |     |                    | 1,072 |     |         | - |     |         | 22 |
| Operating                            
 lease commitments                    |     |                    | 1,420 |     |         | - |     |         | 70 |

As of December 31, 2022, total operating lease liabilities payable of discontinued operations amounts of USD 4,832,000(Note 26).

The leases typically run for an initial period of three years, with an option to renew the lease when all terms are renegotiated. Lease payments are usually increased every three years to reflect market rentals. None of the leases includes contingent rentals.

(b) Capital commitments

The Company’s capital expenditures consist of expenditures on property, plant and equipment and capital contribution. Capital expenditures contracted for at the balance sheet date but not recognized in the financial statements are as follows:

SCHEDULE OF CAPITAL EXPENDITURES CONTRACTED FOR AT THE BALANCE SHEET DATE BUT NOT RECOGNIZED

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