UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 UNDER
THE SECURITIES EXCHANGE ACT OF 1934
For the month of April 2024
ANTELOPE ENTERPRISE HOLDINGS LTD.
(Translation of registrant's name into English)
Room 1802, Block D, Zhonghai International Center,
Hi-Tech Zone, Chengdu, Sichuan Province, PRC
Telephone +86 (28) 8532 4355
(Address of Principal Executive Office)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F ☒ Form 40-F ☐
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ☐
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ☐
On April 1, 2024, the board of directors (the "Board") of Antelope Enterprise Holdings Limited (the "Company") ratified and approved, based on the compensation committee (the "Committee") of the Board's recommendation, to amend employment agreement of Mr. Weilai Zhang, the CEO and Chairman of the Company, (as amended, the "Amended Employment Agreement"). Pursuant to the Amended Employment Agreement, Mr. Zhang's monthly compensation as the CEO of the Company was changed from $10,000 in cash and $20,000 in Class B ordinary shares, no par value (the "Class B Ordinary Shares"), calculated based on the closing price of the Class A ordinary shares, no par value (the "Class A Ordinary Shares") on the last trading day of such month, to be 500,000 Class B Ordinary Shares per year, starting on January 1, 2024.
Except for the changes expressly described above, the Amended Employment Agreement does not amend, supplement or update any information contained in the employment agreement of Mr. Zhang dated October 24, 2023. The Board approved, as recommended by the Committee, to issue 1,500,000 Class B Ordinary Shares, to Mr. Zhang, as the compensation for his services for the three years commencing on January 1, 2024 and ending on December 31, 2026, provided that, in the event Mr. Zhang's employment is terminated earlier than December 31, 2026, Mr. Zhang shall return the Class B Ordinary Shares proportionately.
A copy of the Amended Employment Agreement is attached hereto as Exhibit 10.1. The foregoing description of the Amended Employment Agreement is a summary of the material terms of such agreement, and does not purport to be complete and is qualified in their entirety by reference to the Amended Employment Agreement.
EXHIBIT INDEX
| Exhibit No. | Description | |
| 10.1 | Amended Employment Agreement |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.
| ANTELOPE ENTERPRISE HOLDINGS LTD. | ||
| By: | /s/ Hen Man Edmund | |
| Hen Man Edmund | ||
| Chief Financial Officer |
Date: April 3, 2024
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Antelope Enterprise Holdings Ltd. published this content on 03 April 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 03 April 2024 20:32:04 UTC.