羚羊企业控股2023年度报告

FORM 20-F (Mark one) ☐REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGEACT OF 1934 OR ☐ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF1934 For the fiscal year ended December 31, 2023. OR ☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF1934 OR ☐SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGEACT OF 1934 for the transition period from ____________to ____________ Commission file number 001-34944 Antelope Enterprise Holdings Limited(Exact name of the Registrant as specified in its charter) British Virgin Islands(Jurisdiction of incorporation or organization) Suite 7540, The Empire State Building,350 Fifth AvenueNew York, New York 10118Telephone: +1 (838) 500 8888(Address of principal executive offices) Weilai (Will) ZhangSuite 7540, The Empire State Building,350 Fifth AvenueNew York, New York 10118Telephone: +1 (838) 500 8888(Name, Telephone, E-mail and/or Facsimile Number and Address of Company Contact Person) Securities registered or to be registered pursuant to Section 12(b) of the Act: Securities registered or to be registered pursuant to Section 12(g) of the Act: (Title of Class) Securities for which there is a reporting obligation pursuant to Section 15(d) of the Act: None.(Title of Class) Indicate the number of outstanding shares of each of the issuer’s classes of capital or common stock as of the closeof the period covered by the annual report. An aggregate of 3,077,981 Class A ordinary shares, no par value each, and 205,497 Class B ordinary shares, no parvalue each, were issued and outstanding as of December 31, 2023. Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the SecuritiesAct. Yes☐No☐ If this report is an annual or transition report, indicate by check mark if the registrant is not required to file reportspursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934. Yes☐No☐ Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) ofthe Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrantwas required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes☐No☐ Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, ifany, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T(§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was requiredto submit and post such files). Yes☐No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer or a non-acceleratedfiler. See definition of “accelerated filer and large accelerated filer” in Rule 12b-2 of the Exchange Act. ☐Large Accelerated filer☐Accelerated filer☐Non-accelerated filer Emerging growth company☐ If an emerging growth company that prepares its financial statements in accordance with U.S. GAAP, indicate bycheck mark if the registrant has elected not to use the extended transition period for complying with any new orrevised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark which basis of accounting the registrant has used to prepare the financial statementsincluded in this filing: If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financialstatements of the registrant included in the filing reflect the correction of an error to previously issued financialstatements.☐ Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis ofincentive-based compensation received by any of the registrant’s executive officers during the relevant recoveryperiod pursuant to §240.10D-1(b).☐ ☐US GAAP☐International Financial Reporting Standards as issued by the International AccountingStandards Board☐Other If “Other” has been checked in response to the previous question, indicate by check mark which financial statementitem the registrant has elected to follow. ☐Item 17☐Item 18 If this is an annual report, indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).Yes☐No☐ TABLE OF CONTENTS Page PART I5ITEM 1.IDENTITY OF DIRECTORS, SENIOR MANAGEMENT AND ADVISERS5ITEM 2.OFFER STATISTICS AND EXPECTED TIMETABLE5ITEM 3.KEY INFORMATION5ITEM 4.INFORMATION ON THE COMPANY23ITEM 4A. UNRESOLVED STAFF COMMENTS40ITEM 5.OPERATING AND FINANCIAL REVIEW AND PROSPECTS41ITEM 6.DIRECTORS, SENIOR MANAGEMENT AND EMPLOYEES64ITEM 7.MAJOR SHAREHOLDERS AND RELATED PARTY TRANSACTIONS72ITEM 8.FINANCIAL INFORMATION73ITEM 9.THE OFFER AND LISTING74 ITEM 10.ADDITIONAL INFORMATION74ITEM 11.QUANTITATIV