Company: AEHL
Filing Date: 2025-08-05
Form Type: 20-F/A
Source: 0001641172-25-022290
Chunk: 210

Company: Antelope Enterprise Holdings Ltd
Filing Date: 2025-08-05
Form: 20-F/A
Chunk 210
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 significance of the inputs used in the valuation technique as follows:

| ● | Level 1: quoted prices (unadjusted) in active markets for identical assets or liabilities. |

| ● | Level 2: inputs other than quoted prices included within level 1 that are observable for the asset or liability, either directly (that is, as prices) or indirectly (that is, derived from prices) |

| ● | Level 3: inputs for the assets or liability that are not based on observable market data (that is, unobservable inputs). The Company’s directors are responsible to determine the appropriate valuation techniques and inputs for fair value measurements. |

There were no transfers between instrument levels during the years ended December 31, 2024 and 2023.

As of December 31, 2024 and 2023 there were no other financial instruments measured on a recurring basis.

| (ii) | Financial assets and liabilities measured at other than fair value |

The carrying amounts of the Company’s other financial instruments carried at cost or amortized cost approximate their fair values as of December 31, 2024 and 2023.

28. CAPITAL MANAGEMENT

The Company’s objectives when managing capital are:

| (i) | To safeguard the Company’s ability to continue as a going concern and to be able to service its debts when they are due; |

| (ii) | To maintain an optimal capital structure so as to maximize shareholder value; and |

| (iii) | To maintain a strong credit rating and healthy capital ratios in order to support the Company’s stability and growth. |

The Company actively and regularly reviews and manages its capital structure to ensure optimal shareholder returns, taking into consideration the future capital requirements of the Company and capital efficiency, prevailing and projected profitability, projected operating cash flows, projected capital expenditures and projected strategic investment opportunities. The Company manages its common shares and stock options as capital.

The Company is not subject to externally imposed capital requirements, except for, as disclosed in Note 22(a), the Company’s PRC subsidiaries are required by the Foreign Enterprise Law of the PRC to contribute to and maintain a non-distributable statutory reserve fund whose utilization is subject to approval by the Board of Directors. This externally imposed capital requirement has been complied with by the PRC subsidiaries for the years ended December 31, 2024, 2023 and 2022.

| F-55 |

In order to maintain or adjust the capital structure, the Company may adjust the amount of dividends paid to shareholders, return capital to shareholders