Antelope Enterprise Holdings Limited announced that its Board of Directors has appointed Weilai ('Will') Zhang as its Chief Executive Officer, effectively immediately. Ms. Meishuang Huang has departed from her role as CEO but will remain as Chair of the Board of Directors. Will Zhang 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.