Company: AEHL
Filing Date: 2025-05-01
Form Type: 20-F
Source: 0001641172-25-008020
Chunk: 6

Company: Antelope Enterprise Holdings Ltd
Filing Date: 2025-05-01
Form: 20-F
Item: Item 3
Chunk 6
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congestion, as well as expansion of transmission systems, could affect our performance, which in turn could adversely affect our business.

  12  

We may be unable to
obtain an adequate supply of fuel in the future.

We aim to obtain substantially
all of our physical natural gas supply from third parties pursuant to arrangements that may vary in term, pricing structure, firmness
and delivery flexibility.

We are exposed to increases in
the price of natural gas, and it is possible that sufficient supplies to operate our portfolio profitably may not continue to be available
to us. In addition, we will face risks with regard to the delivery to and the use of natural gas by our electricity generators including
the following:

● third-party suppliers may default on natural
gas supply obligations, and we may be unable to replace supplies currently under contract;

● market liquidity for physical natural gas
and fuel oil or availability of natural gas services (e. g. storage) may be insufficient or available only at prices that are not acceptable
to us;

● natural gas quality variation may adversely
affect our electricity generator;

● our natural gas and operations capability
may be compromised due to various events such as natural disaster, loss of key personnel or loss of critical infrastructure;

● fuel supplies diverted to residential heating
for humanitarian reasons; and

● any other reasons.

Our electricity generators will be subject to
impairments.