Antelope Enterprise Announces First Phase of Planned Energy Production Sold Out
18 Ottobre 2024 - 1:30PM
Antelope Enterprise Holdings Limited (NASDAQ Capital Market: AEHL)
(“Antelope Enterprise”, “AEHL” or the “Company”), the majority
owner of Hainan Kaylin Cloud Services Technology Co., Ltd (“Kylin
Cloud”), a provider of energy infrastructure solutions through
natural gas power generation, and the majority interest owner of
KylinCloud, a livestreaming e-commerce business in China, today
announced that its first phase of its planned supply project in
Midland, Texas, has been sold out. The Company’s energy supply
project will be further developed to increase its power generation
output.
Will Zhang, CEO of Antelope Enterprise,
commented “We are pleased to announce that our first phase of 9 MW
of electricity generation has been sold out. Natural gas can
achieve significantly higher thermal efficiencies than other fossil
fuels and considered a reliable fuel source allowing for consistent
power generation with predictable output.”
“We believe that there will be additional strong
demand for energy due to the growth of AI data centers and
computing power centers in the US, and we plan to implement
additional energy production in the coming periods,” CEO Will Zhang
concluded.
About Antelope Enterprise Holdings
Limited
Antelope Enterprise Holdings Limited (“Antelope
Enterprise”, “AEHL” or the “Company”) engages in energy
infrastructure solutions through natural gas power generation via
its wholly owned subsidiary AEHL US LLC ("AEHL US") and holds a 51%
ownership position in Hainan Kylin Cloud Services Technology Co.
Ltd (“Kylin Cloud”), which operates a livestreaming e-commerce
business in China. Kylin Cloud provides access to over 800,000
hosts and influencers. For more information, please visit our
website at https://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 technology sectors
continuing to exhibit sound long-term fundamentals, and our ability
to continue to grow our energy, livestreaming ecommerce, business
management and information system consulting businesses. 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. Although the Company
believes that the expectations expressed in these forward-looking
statements are reasonable, it cannot assure you that such
expectations will turn out to be correct, and the Company cautions
investors that actual results may differ materially from the
anticipated results and encourages investors to review other
factors that may affect its future results in the Company's
registration statement and other filings with the U.S. Securities
and Exchange Commission.
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, 2023 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.
Contact Information:Antelope Enterprise
Holdings LimitedEdmund Hen, Chief Financial OfficerEmail:
info@aehltd.com
Precept Investor Relations LLCDavid Rudnick, Account
ManagerEmail: david.rudnick@preceptir.comPhone: +1 646-694-8538
Grafico Azioni Antelope Enterprise (NASDAQ:AEHL)
Storico
Da Nov 2024 a Dic 2024
Grafico Azioni Antelope Enterprise (NASDAQ:AEHL)
Storico
Da Dic 2023 a Dic 2024