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0 0.0458715596330276 0.0275229357798165 0 -0.036697247706422 -0.0642201834862386 -0.0638532110091744 -0.036697247706422
Stock impact report

Antelope Enterprise Announces Entry Into the Energy Supply Business to Meet High Expected Demand

Antelope Enterprise Holdings Limited - Class A Ordinary Shares (AEHL) 
Company Research Source: GlobeNewswire
NEW YORK, NY, Sept. 17, 2024 (GLOBE NEWSWIRE) -- Antelope Enterprise Holdings Limited (NASDAQ Capital Market: AEHL) (“Antelope Enterprise”, “AEHL” or the “Company”), the majority owner  of Hainan Kylin Cloud Services Technology Co., Ltd (“Kylin Cloud”), the operator of a livestreaming ecommerce business in China, announced that it expects to shortly enter into the energy field through the production of electricity using natural gas generators in Texas. AEHL has launched this business in the US to meet the rapidly growing needs of computing power industries. “We believe that our strategic positioning in the energy supply sector is extremely timely to meet the high expected demand for energy due to the growth in cryptocurrency mining,” Will Zhang, CEO of Antelope Enterprise, commented. “We believe that we can offer cost-effective solution that will provide sustainable value for crypto-mining companies in Midland, Texas.” The Company believes that the demand for electricity for n Show less Read more
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