EX-99.1 6 ex99-1.htm

 

Exhibit 99.1

 

Supplemental Submission

Pursuant to Item 16I(a) of Form 20-F

 

Antelope Enterprise Holdings Ltd. (the “Company”) is submitting via EDGAR the following information as required under Item 16I(a) of Form 20-F in relation to the Staff Statement on the Holding Foreign Companies Accountable Act and the Consolidated Appropriate Act, 2023 (the “HFCAA”).

 

During its fiscal year 2022, the Company was conclusively identified by the U.S. Securities and Exchange Commission (the “SEC”) as a Commission-Identified Issuer pursuant to the HFCAA because it filed an annual report on Form 20-F for the year ended December 31, 2021 with the SEC with an audit report issued by Centurion ZD CPA & Co., a registered public accounting firm retained by the Company for the preparation of the audit report on the Company’s financial statements included therein. Centurion ZD CPA & Co. is a registered public accounting firm headquartered in Hong Kong, a jurisdiction where the Public Company Accounting Oversight Board (the “PCAOB”) determined that it was unable to inspect or investigate completely registered public accounting firms headquartered there, including Centurion ZD CPA & Co., until December 2022 when the PCAOB vacated its previous determination. In response to Item 16I(a) of Form 20-F, the Company believes that the following information establishes that it is not owned or controlled by a governmental entity in China.

 

Mr. Weilai Zhang, the Chief Executive Officer and the Chairman of the Company, beneficially owned (determined in accordance with the SEC rules) 461,739 Class A ordinary shares and 977,755 Class B ordinary shares, representing 48.70% of the Company’s aggregate voting power as of August 10, 2023.

 

Based on an examination of the Company’s register of members and public filings made by its shareholders, to the Company’s knowledge, excluding the beneficial ownership of the Company’s directors and senior management, no shareholder beneficially owned 5% or more of the Company’s outstanding shares as of May 30, 2023, other than Mr. Gordon Hu, who beneficially owned 26.38% of the Company’s outstanding Class A ordinary shares, representing 13.82% of the Company’s aggregate voting power as of August 10, 2023. The following is an excerpt of the relevant disclosure in the Company’s annual report on Form 20-F for the year ended December 31, 2022 regarding the beneficial ownership of Gordon Hu: “The business address for Invine Indeed LLC, Multiplying Hundreds LLC, Mustard Seeding LLC, The Beatitudes In All LLC, Zion Rock LLC is 7901 4th St N Ste 300, St Petersburg, FL 33702. These five entities are under common control of one beneficial owner, Mr. Gordon Hu.”

 

Furthermore, as of the date hereof, the directors, officers and senior management of the Company consist of: Weilai Zhang, Edmund Hen, Ishak Han, Chungen Song, Dian Zhang, Huashu Yuan, Tingting Zhang, and Qiguo Wang and none of such persons are a representative of any government entity in the People’s Republic of China.

 

Based on the above, the Company is not owned or controlled by a government entity in China.

 

Dated: January 30, 2024

 

  Antelope Enterprise Holdings Ltd.
     
  By: /s/ Weilai Zhang
  Name: Weilai Zhang
  Title: Chief Executive Officer