Company: AEHL
Filing Date: 2025-08-05
Form Type: 20-F/A
Source: 0001641172-25-022290
Chunk: 16

Company: Antelope Enterprise Holdings Ltd
Filing Date: 2025-08-05
Form: 20-F/A
Chunk 16
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 behavior trends do not continue develop as anticipated, our operating results will be adversely affected.

We started operating our livestreaming
ecommerce business through our indirect subsidiary, Hainan Kylin, in September 2021. Therefore, we have a limited operating history in
the livestreaming ecommerce sector, which is competitive and subject to transformation. We may have limited information into trends that
could affect the demand for our services. Our financial results and growth to date may not be indicative of our future performance. We
may not be able to effectively manage our growth and experience operational, financial and human resource constraints. Our current procedures
and controls may not be adequate to support our future operations, and if we are not able to manage our growth effectively, our business
may be materially and adversely affected.

Our future financial performance
is dependent on certain consumer and social trends and we may have overestimated factors attributable to its growth as well as our successful
positioning in such markets. We are subject to both business and consumer activities in the livestreaming ecommerce industry as well as
trends in specific demographics which are often difficult to ascertain and which can change quickly.

The livestreaming ecommerce industry
in which we are participating may attract highly seasoned and better capitalized competitors, which could inhibit our success. The relatively
low entry threshold and the rapid growth of livestreaming ecommerce in China could make this market become crowded which would decrease
our existing and potential market share. We will need to promote and develop brand awareness as a competitive advantage and there can
be no assurance that such branding will be successful or sustainable. We expect to continue to expend financial resources on the expansion
of our livestreaming ecommerce business, and there can be assurance that we will be able to compete with larger, better capitalized firms.
This may also affect our ability to scale our operations and successful execute our strategic growth plan.

In addition, the barriers to entry to our livestreaming ecommerce sector could
erode due to strong competitors, low entry costs, competitive pricing, geographical advantages, and other parties’ affiliations
and partnerships.

Our business depends on our ability to maintain and grow our network of high-quality suppliers of hosts and influencers. If we are unable to do so, our future growth would be limited and our business, financial condition and results of operations would be harmed.

Our success is dependent upon
our continued ability to maintain and grow our credentialed network of high-quality suppliers of hosts and influencers. We have entered into contracts with differentsuppliers