JINJIANG, China,
Dec. 1,
2022 /PRNewswire/ -- Antelope Enterprise
Holdings Limited (NASDAQ Capital Market: AEHL) ("Antelope
Enterprise" or the "Company"), which engages in business
management, information systems consulting, and online social
commerce and live streaming in China, and is a manufacturer of ceramic tiles
used for exterior siding and for interior flooring and design in
residential and commercial buildings in China, today announced that effective
December 1, 2022, its Board of
Directors has appointed Mr. Ishak
Han as a member of the Company's Board of Directors. Mr. Han
has been appointed as an independent director and as a member of
the Board's Audit, Nominating and Compensation committees. Mr. Han
meets the Nasdaq Stock Market independence requirements as well as
additional independence requirements under the US securities laws
for membership on these committees.
"We welcome Mr. Han to our Board and are confident that he will
make a positive contribution to the Company based on his experience
and background," said Ms. Meishaung Huang, CEO of Antelope
Enterprise.
Mr. Ishak Han is the General
Manager of Shenzhen Baisifu Industrial Co., Ltd., which
engages in property management and leasing, management services for
catering businesses, and enterprise management consulting. Having
founded the firm in 2017, Mr. Han developed Shenzhen
Baisifu Industrial Co., Ltd.'s marketing strategy, management
policies, financial budgeting, and corporate planning activities.
From 2011 to 2016, Mr. Han was the General Manager of Shenzhen
Baisi Technology Co., Ltd. which engages in the development of
self-service website application systems, the training and
development of online ventures, online marketing training, and
e-commerce product consignments. As the founder of Shenzhen Baisi
Technology Co., Ltd., Mr. Han oversaw its financial budgeting and
corporate planning functions, and was responsible for its overall
marketing strategy. Mr. Han graduated with a higher degree diploma
in marketing from Guangdong Open University in 2021.
Also, effective December 1, 2022,
Roy Tan Choon Kang, a member of the
Board, tendered his resignation as a director. Mr. Tan's
resignation was for personal reasons and not due to any
disagreements with the Company or its management. With Mr. Tan's
resignation, current Board Director Mr. Dian Zhang becomes the chairperson of the
Company's Audit Committee.
"We thank Roy Tan Choon Kang for
his many contributions to the Company and we wish him the best of
success in all of his future endeavors," said Ms. Meishuang Huang,
CEO of Antelope Enterprise.
About Antelope Enterprise Holdings Limited
Antelope Enterprise Holdings Limited engages in business
management, information systems consulting, SaaS (software as a
service) and PaaS (platform as a service) systems
platforms, and online social commerce and live streaming in
China. The Company is also a
manufacturer of ceramic tiles in China which are used for exterior siding,
interior flooring, and design in residential and commercial
buildings, and sold under the "Hengda" or "HD" brand. For more
information, please visit http://www.aehltd.com.
Safe Harbor Statement
Certain of the statements made in this press release are
"forward-looking statements" within the meaning and protections of
Section 27A of the Securities Act of 1933, as amended, and Section
21E of the Securities Exchange Act of 1934, as amended.
Forward-looking statements include statements with respect to our
beliefs, plans, objectives, goals, expectations, anticipations,
assumptions, estimates, intentions, and future performance, and
involve known and unknown risks, uncertainties and other factors,
which may be beyond our control, and which may cause the actual
results, performance, capital, ownership or achievements of the
Company to be materially different from future results, performance
or achievements expressed or implied by such forward-looking
statements. Forward-looking statements in this press release
include, without limitation, the continued stable macroeconomic
environment in the PRC, the PRC real estate, construction and
technology sectors continuing to exhibit sound long-term
fundamentals, our ability to bring additional ceramic tile
production capacity online going forward as our business improves,
our ceramic tile customers continuing to adjust to our product
price increases, our ability to sustain our average selling price
increases and to continue to build volume in the quarters ahead,
and whether our enhanced marketing efforts will help to produce
wider customer acceptance of the new price points; and our ability
to continue to grow our business management, information system
consulting, and online social commerce and live streaming business.
All statements other than statements of historical fact are
statements that could be forward-looking statements. You can
identify these forward-looking statements through our use of words
such as "may," "will," "anticipate," "assume," "should,"
"indicate," "would," "believe," "contemplate," "expect,"
"estimate," "continue," "plan," "point to," "project," "could,"
"intend," "target" and other similar words and expressions of the
future.
All written or oral forward-looking statements attributable
to us are expressly qualified in their entirety by this cautionary
notice, including, without limitation, those risks and
uncertainties described in our annual report on Form 20-F for the
year ended December 31, 2021 and
otherwise in our SEC reports and filings. Such reports are
available upon request from the Company, or from the Securities and
Exchange Commission, including through the SEC's Internet website
at http://www.sec.gov. We have no obligation and do not undertake
to update, revise or correct any of the forward-looking statements
after the date hereof, or after the respective dates on which any
such statements otherwise are made.
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SOURCE Antelope Enterprise Holdings Ltd.