Antelope Enterprise Holdings Ltd. Regains Compliance with NASDAQ Minimum Bid Price Requirement

CHENGDU, China, March 28, 2023 /PRNewswire/ -- Antelope Enterprise Holdings Limited (NASDAQCapitalMarket:AEHL) ("Antelope Enterprise" or the "Company"), the majority owner and operator of KylinCloud, a leading livestreaming social ecommerce platform with 300,000+ anchors and influencers in China, announced today that on March 27, 2023, it received a letter from the Listing Qualifications Department of The Nasdaq Stock Market LLC ("NASDAQ") confirming the Company has regained compliance with NASDAQ's minimum bid price requirement under Listing Rule 5550(a)(2). The Company regained compliance with NASDAQ's requirements when the closing bid price for the Company's Class A ordinary shares were at or above $1.00 for 10 consecutive business days and the matter is now closed.