Company: AEHL
Filing Date: 2025-08-05
Form Type: 20-F/A
Source: 0001641172-25-022290
Chunk: 108

Company: Antelope Enterprise Holdings Ltd
Filing Date: 2025-08-05
Form: 20-F/A
Chunk 108
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 was repaid in full in the third quarter of 2024. The loans to Messrs. Deng and Yang, in the aggregate
amount of $797,000, has assigned to Anhui Zhongjun by the end of 2024. Accordingly, Anhui Zhongjun will assume the liability of $797,000
and the customers who previously borrowed funs from Messrs. Deng and Yang will be required to repay their loans to Anhui Zhongjun.

| C. | Interests of Experts and Counsel |

Not required.

| ITEM 8. | FINANCIAL INFORMATION |

| A. | Consolidated Statements and Other Financial Information. |

See Item 18 for our audited consolidated
financial statements.

Legal Proceedings

From time to time in the ordinary
course of our business, we may be involved in legal proceedings, the outcomes of which may not be determinable. The results of litigation
are inherently unpredictable. Any claims against us, whether meritorious or not, could be time consuming, result in costly litigation,
require significant amounts of management time and result in diversion of significant resources. We are not able to estimate an aggregate
amount or range of reasonably possible losses for those legal matters for which losses are not probable and estimable, primarily for the
following reasons: (i) many of the relevant legal proceedings are in preliminary stages, and until such proceedings develop further, there
is often uncertainty regarding the relevant facts and circumstances at issue and potential liability; and (ii) many of these proceedings
involve matters of which the outcomes are inherently difficult to predict. We have insurance policies covering potential losses where
such coverage is cost effective.

We are not at this time involved
in any legal proceedings.

Dividend Policy

Our Board of Directors has discretion
to pay dividends. The form, frequency and amount will depend upon our future operations and earnings, capital requirements and surplus,
general financial condition, contractual restrictions and other factors that our Board of Directors may deem relevant. Although we have
paid dividends in the past, there is no assurance that we will continue to pay dividends in the future.

On February 25, 2014, we announced
two semi-annual cash dividends of $0.0125 per share. The first dividend of $0.0125 per share was paid on July 14, 2014 and the second
of $0.0125 per share was paid on January 14, 2015, with record dates of June 13,