Antelope Enterprise appoints CEO Will Zhang as the Chairman of the Board of Directors

– CHINA, Jinjiang –  Antelope Enterprise Holdings Limited (NASDAQ: AEHL), which operates KylinCloud, a leading social and live-streaming e-commerce platform with 300,000+ anchors and influencers in China, today announced the appointment of CEO Will Zhang as the Chairman of the Board of Directors.

About Will Zhang

Will Zhang joined the company’s management team on January 5, 2023, and brings extensive entrepreneurial, venture capital and investment management experience to his new role. From 2011 to 2020, he was the Chairman of Huitong Tianxia Investment Ltd., an investment company. Since 2020, Mr. Zhang has acted as Chairman of Jinke Yulv Technology Ltd., an internet technology firm in China. Mr. Zhang obtained a Diploma in Capital and M&A Entrepreneurship from Fudan University in 2021, and a Diploma in Finance and Capital Investment from Southwest University in Finance and Economics in 2014.

Also, on February 24, 2023, Ms. Meishuang Huang, Chairperson of the Board, tendered her resignation. Ms. Huang’s resignation was for personal reasons and not due to any disagreements with the Company or its management.

“I am honored and excited to be appointed as the Chairman as we continue to transform the Company into a fast-growing social e-commerce leader,” said Will Zhang. “I would like to thank Ms. Huang for her leadership as the Company navigated through a challenging real estate market in China that substantially impacted its ceramic tile business over the previous years. We wish her the best in her future endeavors.”

About Antelope Enterprise Holdings Limited

Antelope Enterprise Holdings Limited holds a 51% ownership position in Hainan Kylin Cloud Services Technology Co., Ltd, a leading social and live-streaming e-commerce platform with 300,000+ anchors and influencers in China. The Company also operates a legacy ceramic tile manufacturing business in China.

For more information: https://aehltd.com/

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