JINJIANG, China, Nov. 3, 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, 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
November 3, 2022, its Board of
Directors has appointed Mr. Qiguo Wang and Mr. Dian Zhang as members of the Company's Board of
Directors. Mr. Zhang has been appointed as an independent director
and as a member of the Board's Audit, Compensation and Nomination
committees. Mr. Zhang meets the Nasdaq Stock Market independence
requirements as well as additional independence requirements under
the US securities laws for membership on these committees. The
Board of Directors now comprises seven directors, which is an
increase from its previous five members, and which includes four
independent directors.
"We welcome Messrs. Wang and Zhang to our Board and are
confident that they will make positive contributions to the Company
based on their experience and backgrounds," said Ms. Meishaung
Huang, CEO of Antelope Enterprise.
Mr. Qiguo Wang is currently General Manager of Chengdu
Zhongbo Industry Research Technology Development Co., Ltd., having
joined the institute in 2018, where he is focused on the promotion
of scientific and technological products and commercial
transformations, as well as investment planning services for the
industrial park. Previously, Mr. Wang was Executive Director of
Chengdu Zhongbo Future Technology Research Institute Co., Ltd. from
2018 to 2020, where he led the investment team to fund projects
through the company's incubation platform. Previous to that, Mr.
Wang was General Manager of Shanghai Shenghui Performing Arts
Development Co., Ltd. from 2007 to 2015, where he managed
large-scale conferences, volunteer activities and other events. Mr.
Wang graduated with a Bachelor's degree in Information Security and
Network Management from PLA Institute of Electronic
Engineering.
Mr. Dian Zhang is currently Chief
Financial Officer of Baiya International Group Inc., an SaaS
(software as a service) platform company in China. Previously, Mr. Zhang worked at Eaton
Square from 2014 to 2020, an M&A advisory firm, where he was
responsible for investments in new ventures and their financing in
the Chinese market. Previous to that, Mr. Zhang worked at the
Chengdu branch of ShineWing
Certified Public Accountants from 2009 to 2013 where his
responsibilities included the auditing of annual reports of
publicly listed companies and due diligence for IPO projects. Mr.
Zhang holds a Bachelor's degree in Management Accounting from Aston
University, a Master's degree in Banking and Finance from Monash
University, and a Master's degree in Financial Management from the
Australian National University.
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.