Company: AEHL
Filing Date: 2025-07-22
Form Type: F-3
Source: 0001641172-25-020601
Chunk: 14

Company: Antelope Enterprise Holdings Ltd
Filing Date: 2025-07-22
Form: F-3
Chunk 14
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 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.                                    |

| 6 |

<div align='center'>RISK FACTORS</div>

Before making an investment decision, you should carefully consider the risks described under “Risk Factors” in the applicable prospectus supplement and in our then most recent Annual Report on Form 20-F, or included in