羚羊企业控股2023年度报告

UNITEDSTATES SECURITIESANDEXCHANGECOMMISSION Washington,D.C.20549 FORM20-F (Markone) ☐REGISTRATIONSTATEMENTPURSUANTTOSECTION12(b)OR(g)OFTHESECURITIESEXCHANGEACTOF1934 OR ☐ANNUALREPORTPURSUANTTOSECTION13OR15(d)OFTHESECURITIESEXCHANGEACTOF1934 ForthefiscalyearendedDecember31,2023. OR ☐TRANSITIONREPORTPURSUANTTOSECTION13OR15(d)OFTHESECURITIESEXCHANGEACTOF1934 OR ☐SHELLCOMPANYREPORTPURSUANTTOSECTION13OR15(d)OFTHESECURITIESEXCHANGEACTOF1934 forthetransitionperiodfromto Commissionfilenumber001-34944 AntelopeEnterpriseHoldingsLimited (ExactnameoftheRegistrantasspecifiedinitscharter) BritishVirginIslands (Jurisdictionofincorporationororganization) Suite7540,TheEmpireStateBuilding,350FifthAvenue NewYork,NewYork10118Telephone:+1(838)5008888(Addressofprincipalexecutiveoffices) Weilai(Will)Zhang Suite7540,TheEmpireStateBuilding,350FifthAvenue NewYork,NewYork10118Telephone:+1(838)5008888 (Name,Telephone,E-mailand/orFacsimileNumberandAddressofCompanyContactPerson) SecuritiesregisteredortoberegisteredpursuanttoSection12(b)oftheAct: Titleofeachclass TradingSymbol(s) Nameofeachexchangeonwhichregistered ClassAOrdinaryShares AEHL TheNasdaqStockMarket SecuritiesregisteredortoberegisteredpursuanttoSection12(g)oftheAct: None. (TitleofClass) SecuritiesforwhichthereisareportingobligationpursuanttoSection15(d)oftheAct: None. (TitleofClass) Indicatethenumberofoutstandingsharesofeachoftheissuer’sclassesofcapitalorcommonstockasofthecloseoftheperiodcoveredbytheannualreport. Anaggregateof3,077,981ClassAordinaryshares,noparvalueeach,and205,497ClassBordinaryshares,noparvalueeach,wereissuedandoutstandingasofDecember31,2023. Indicatebycheckmarkiftheregistrantisawell-knownseasonedissuer,asdefinedinRule405oftheSecuritiesAct. Yes☐No☐ Ifthisreportisanannualortransitionreport,indicatebycheckmarkiftheregistrantisnotrequiredtofilereportspursuanttoSection13or15(d)oftheSecuritiesExchangeActof1934. Yes☐No☐ Indicatebycheckmarkwhethertheregistrant(1)hasfiledallreportsrequiredtobefiledbySection13or15(d)oftheSecuritiesExchangeActof1934duringthepreceding12months(orforsuchshorterperiodthattheregistrantwasrequiredtofilesuchreports),and(2)hasbeensubjecttosuchfilingrequirementsforthepast90days. Yes☐No☐ IndicatebycheckmarkwhethertheregistranthassubmittedelectronicallyandpostedonitscorporateWebsite,ifany,everyInteractiveDataFilerequiredtobesubmittedandpostedpursuanttoRule405ofRegulationS-T(§232.405ofthischapter)duringthepreceding12months(orforsuchshorterperiodthattheregistrantwasrequiredtosubmitandpostsuchfiles). Yes☐No☐ Indicatebycheckmarkwhethertheregistrantisalargeacceleratedfiler,anacceleratedfileroranon-acceleratedfiler.Seedefinitionof“acceleratedfilerandlargeacceleratedfiler”inRule12b-2oftheExchangeAct. ☐LargeAcceleratedfiler☐Acceleratedfiler☐Non-acceleratedfilerEmerginggrowthcompany☐ IfanemerginggrowthcompanythatpreparesitsfinancialstatementsinaccordancewithU.S.GAAP,indicatebycheckmarkiftheregistranthaselectednottousetheextendedtransitionperiodforcomplyingwithanyneworrevisedfinancialaccountingstandardsprovidedpursuanttoSection13(a)oftheExchangeAct.☐ Indicatebycheckmarkwhichbasisofaccountingtheregistranthasusedtopreparethefinancialstatementsincludedinthisfiling: IfsecuritiesareregisteredpursuanttoSection12(b)oftheAct,indicatebycheckmarkwhetherthefinancialstatementsoftheregistrantincludedinthefilingreflectthecorrectionofanerrortopreviouslyissuedfinancialstatements.☐ Indicatebycheckmarkwhetheranyofthoseerrorcorrectionsarerestatementsthatrequiredarecoveryanalysisofincentive-basedcompensationreceivedbyanyoftheregistrant’sexecutiveofficersduringtherelevantrecoveryperiodpursuantto§240.10D-1(b).☐ ☐USGAAP☐InternationalFinancialReportingStandardsasissuedbytheInternationalAccountingStandardsBoard ☐Other If“Other”hasbeencheckedinresponsetothepreviousquestion,indicatebycheckmarkwhichfinancialstatementitemtheregistranthaselectedtofollow. ☐Item17☐Item18 Ifthisisanannualreport,indicatebycheckmarkwhethertheregistrantisashellcompany(asdefinedinRule12b-2oftheExchangeAct). Yes☐No☐ TABLEOFCONTENTS Page PARTI 5 ITEM1. IDENTITYOFDIRECTORS,SENIORMANAGEMENTANDADVISERS 5 ITEM2. OFFERSTATISTICSANDEXPECTEDTIMETABLE 5 ITEM3. KEYINFORMATION 5 ITEM4. INFORMATIONONTHECOMPANY 23 ITEM4A.UNRESOLVEDSTAFFCOMMENTS 40 ITEM5. OPERATINGANDFINANCIALREVIEWANDPROSPECTS 41 ITEM6. DIRECTORS,SENIORMANAGEMENTANDEMPLOYEES 64 ITEM7. MAJORSHAREHOLDERSANDRELATEDPARTYTRANSACTIONS 72 ITEM8. FINANCIALINFORMATION 73 ITEM9. THEOFFERANDLISTING 74 ITEM10. ADDITIONALINFORMATION 74 ITEM11. QUANTITATIVEANDQUALITATIVEDISCLOSUREABOUTMARKETRISK 85 ITEM12. DESCRIPTIONOFSECURITIESOTHERTHANEQUITYSECURITIES 85 PARTII 86 ITEM13. DEFAULTS,DIVIDENDARREARAGESANDDELINQUENCIES 86 ITEM14. MATERIALMODIFICATIONSTOTHERIGHTSOFSECURITYHOLDERSANDUSEOFPROCEEDS 86 ITEM15. CONTROLSANDPROCEDURES 86 ITEM16. RESERVED 87 ITEM16A.AUDITCOMMITTEEFINANCIALEXPERT 87 ITEM16B.CODEOFETHICS 87 ITEM16C.PRINCIPALACCOUNTANTFEESANDSERVICES 87 ITEM16D.EXEMPTIONSFROMTHELISTINGSTANDARDSFORAUDITCOMMITTEES. 87 ITEM16E.PURCHASESOFEQUITYSECURITIE