Antelope Enterprise Holdings Ltd. is a diversified company that both manufactures and markets ceramic tiles, and engages in technology consulting and online live broadcast and streaming in China. To mitigate the challenging market conditions in the real estate sector in China, which have impacted construction materials sectors such as our ceramic tile business, we have embarked upon a strategic plan to diversify our business and fuel our growth by incorporating several new technology sector subsidiaries. We anticipate growth in the live e-commerce and broadcast industry in China over the next few years, and we plan to gradually focus our business towards these sectors in the periods ahead.

Our ceramic tiles are used for exterior siding, interior flooring, and design in residential and commercial buildings. Our products, sold under the "Hengda" or "HD" brand, and are available in over 2000 styles, colors and sizes combinations and are distributed through a network of exclusive distributors or directly to large property developers. Effective November 1, 2021, we entered into an agreement to lease out our Hengdali facility in its entirety, which includesbuilding, plant and facilities, and which contains all of its machinery, equipment and production line for a lease term of five years. Therefore, our total annual production capacity is 22.8 million square meters of ceramic tiles which is solely attributable to our Hengda facility.

In terms of our technology business development activities, during fiscal 2021 we continued to execute on our strategic plan to diversify our operations with new technology sector operations. This includes the generation of revenue from our new subsidiaries in business management, information system consulting which includes the sales of software use rights for digital data deposit platforms and asset management systems, and an online social media platform including live streaming and e-commerce platform development and consulting.

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Antelope Enterprise Holdings Ltd.
Edmund Hen, Chief Financial Officer
Junbing Industry zone, Anhai town,
Fujian,PRC, 362261

Investor Relations:
Precept Investor Relations
David Rudnick
Direct Line:: +01 917-864-8849
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