Core Insights - Premarket trading is showing notable activity with significant price movements indicating potential trading opportunities before the market opens [1] Premarket Gainers - AgriFORCE Growing Systems Ltd. (AGRI) has increased by 263% to $8.73 [3] - Qualigen Therapeutics, Inc. (QLGN) has risen by 212% to $8.87 [3] - Flora Growth Corp. (FLGC) is up 103% at $55.36 [3] - Boxlight Corporation (BOXL) has gained 102% to $3.16 [3] - Platinum Analytics Cayman Limited (PLTS) is up 96% at $14.00 [3] - Metsera, Inc. (MTSR) has increased by 59% to $52.99 [3] - Anywhere Real Estate Inc. (HOUS) is up 51% at $10.72 [3] - Fold Holdings, Inc. (FLD) has risen by 30% to $5.93 [3] - ARB IOT Group Limited (ARBB) is up 28% at $8.02 [3] - MBX Biosciences, Inc. (MBX) has increased by 26% to $12.64 [3] Premarket Losers - AlphaVest Acquisition Corp (ATMV) has decreased by 27% to $15.99 [4] - Helius Medical Technologies, Inc. (HSDT) is down 17% at $20.00 [4] - CEA Industries Inc. (BNC) has fallen by 15% to $8.20 [4] - Simpple Ltd. (SPPL) is down 13% at $5.00 [4] - FatPipe, Inc. (FATN) has decreased by 11% to $7.87 [4] - Tharimmune, Inc. (THAR) is down 11% at $3.20 [4] - Yueda Digital Holding (YDKG) has fallen by 11% to $2.98 [4] - American Battery Technology Company (ABAT) is down 10% at $2.94 [4] - AGM Group Holdings Inc. (AGMH) has decreased by 9% to $9.36 [4] - Antelope Enterprise Holdings Limited (AEHL) is down 5% at $3.38 [4]

Core Insights - Chinese concept stocks experienced significant gains, with the top five performers showing substantial increases in their stock prices [1] Group 1: Top Gainers - YSXT (益盛鑫科技) saw a rise of 17.29%, closing at 3.120 with a trading volume of 2.5451 million [1] - AEHL (羚羊控股) increased by 16.47%, closing at 3.890 with a trading volume of 1.8421 million [1] - YQ (一起教育科技) rose by 14.89%, closing at 3.550 with a trading volume of 0.177 million [1] - XNET (迅雷) gained 11.63%, closing at 8.160 with a trading volume of 14.1454 million [1] - BIDU (百度) increased by 11.34%, closing at 137.830 with a trading volume of 2.661 billion [1]

Core Insights - Oracle Corporation's shares rose significantly in pre-market trading following the release of its first-quarter results, despite missing earnings and revenue estimates [1][2] Financial Performance - Oracle reported quarterly earnings of $1.47 per share, slightly below the analyst consensus estimate of $1.48 [1] - Quarterly revenue was $14.92 billion, missing the Street estimate of $15.03 billion, but showing an increase from $13.3 billion in the same period last year [1] Market Reaction - Oracle's shares jumped 29.6% to $312.96 in pre-market trading [2] - Other stocks also experienced notable movements in pre-market trading, with some gaining over 300% [5]

Core Viewpoint - Antelope Enterprise Holdings Limited has entered the second phase of its Bitcoin strategy by signing a cooperation agreement with BitGo, focusing on enhancing asset security and compliance through on-chain storage [1][2]. Company Strategy - The partnership with BitGo allows AEHL to open accounts and purchase Bitcoin, with assets secured via a multi-signature private key management system [1][2]. - AEHL aims to leverage its expertise in digital asset trading and compliance to ensure secure and verifiable Bitcoin acquisitions [2]. Market Environment - The current market conditions are favorable for AEHL's strategy, with Bitcoin prices exceeding $120,000 and a total market capitalization over $2.4 trillion, positioning Bitcoin as the fifth-largest asset globally [3]. - Increasing clarity in U.S. regulations and growing institutional demand for crypto assets are expected to enhance the global recognition of digital assets [3]. Future Outlook - The company is committed to building a future-oriented digital capital structure emphasizing institutional discipline, transparency, and security [4]. - AEHL plans to regularly update the market on its Bitcoin purchases, holdings, and storage arrangements, while also exploring strategic expansion in the Web3 and crypto-finance sectors [4]. Company Background - Antelope Enterprise Holdings Limited operates in energy infrastructure solutions and holds a significant stake in a livestreaming e-commerce business in China [5].

Group 1 - The top five Chinese concept stocks that experienced the largest declines in closing prices are: Golden Sun Entertainment down 24.92%, Antelope Holdings down 19.5%, Austin Technology Group down 17.51%, Skyemon Solar Group down 17.06%, and Himax Technologies down 17.03% [1][1][1] Group 2 - Golden Sun Entertainment's latest price is 0.4505 with a decline of 24.92%, resulting in a decrease of 0.1495 and a trading volume of 1.1039 million [1] - Antelope Holdings' latest price is 2.415 with a decline of 19.5%, resulting in a decrease of 0.585 and a trading volume of 0.3752 million [1] - Austin Technology Group's latest price is 1.460 with a decline of 17.51%, resulting in a decrease of 0.310 and a trading volume of 0.4572 million [1] - Skyemon Solar Group's latest price is 2.480 with a decline of 17.06%, resulting in a decrease of 0.510 and a trading volume of 1.6171 million [1] - Himax Technologies' latest price is 7.160 with a decline of 17.03%, resulting in a decrease of 1.470 and a trading volume of 30.0859 million [1]

Core Viewpoint - Antelope Holdings (AEHL) experienced a stock price increase of 2.95% on July 31, reaching $4.00 per share, with a total market capitalization of $20.6867 million [1] Financial Performance - For the fiscal year ending December 31, 2024, Antelope Holdings reported total revenue of $98.773 million, reflecting a year-over-year growth of 36.99% [1] - The company recorded a net loss attributable to shareholders of $10.544 million, which represents a significant decline of 420.69% compared to the previous year [1] Company Overview - Antelope Holdings is recognized as a leading tile manufacturer in China, producing tiles for both residential and commercial buildings [1] - The company's products are marketed under various brands, including "Evergrande" or "HD," "Hendry" or "HDL," "TOERTO," "WULIQIAO," and "Pottery Capital of Tang Dynasty," offering over 2,000 styles, sizes, and combinations [1] - Sales are conducted through an exclusive distributor network or directly to large real estate developers [1]

Core Insights - Antelope Holdings (AEHL) opened with a significant increase of 30.33%, reaching a price of $5.539 per share, with a trading volume of $12.2912 million and a total market capitalization of $28.6486 million [1] Financial Performance - As of December 31, 2024, Antelope Holdings reported total revenue of $98.773 million, reflecting a year-on-year growth of 36.99% [1] - The company experienced a net loss attributable to shareholders of $10.544 million, which represents a substantial decline of 420.69% compared to the previous year [1] Company Overview - Antelope Holdings is recognized as a leading tile manufacturer in China, producing tiles for both residential and commercial buildings [1] - The company's products are marketed under various brands, including "Evergrande" or "HD," "Hendry" or "HDL," "TOERTO," "WULIQIAO," and "Pottery Capital of Tang Dynasty," offering over 2,000 styles, sizes, and combinations [1] - Sales are conducted through an exclusive distributor network or directly to large real estate developers [1]

Core Viewpoint - Antelope Enterprise Holdings Limited has entered into a Securities Purchase Agreement with Streeterville Capital for financing up to $50 million, aimed at acquiring Bitcoin, marking a significant step in the company's digital transformation and entry into the cryptocurrency market [1][2][3]. Financing Details - The financing will be provided in tranches over a period of up to 24 months, with a total amount not exceeding $50 million, specifically for Bitcoin acquisition based on market conditions [2]. - The Agreement emphasizes that the proceeds are exclusively for Bitcoin purchases, indicating a shift from strategic planning to execution in the crypto asset sector [2]. Strategic Goals - The CEO of AEHL stated that this financing supports the company's long-term strategic goals, positioning Bitcoin as a key component of its new capital structure [3]. - The company plans to maintain transparency by regularly updating the market on its Bitcoin purchases, holding status, and custody arrangements [3]. Future Plans - AEHL intends to flexibly allocate funding and manage asset acquisitions according to market conditions and strategic priorities, while also exploring additional opportunities in Web3 and the broader crypto finance space [4]. - A comprehensive long-term Bitcoin strategic development roadmap is expected to be released in the near future [4]. Company Background - Antelope Enterprise Holdings Limited is involved in energy infrastructure solutions through natural gas power generation and holds a majority stake in a livestreaming e-commerce business in China [5].

Group 1 - Nasdaq Golden Dragon China Index increased by 1.6%, outperforming the three major US stock indices, which are down by up to 0.6% [1] - Notable gains in popular Chinese concept stocks include Bilibili up over 7.8%, Baidu and Yum China up to 5.3%, and Li Auto up over 4.3% [1] - Significant stock movements include Yunmi Technology up 36.14%, XinYong up 30.77%, and Bit Origin up 24.94% [1] Group 2 - Yunmi Technology's current price is $2.26, with a rise of 36.14% and a year-to-date increase of 54.79% [2] - XinYong's current price is $4.25, with a rise of 30.77% and a year-to-date increase of 429.28% [2] - Bit Digital's current price is $3.56, with a rise of 21.12% and a year-to-date increase of 21.53% [2]

Financial Performance - For the year ended December 31, 2024, the company reported net sales of $98.773 million, a 37% increase from $72.102 million in 2023[273]. - Total revenues for the year ended December 31, 2024 were $98.773 million, up from $72.483 million in 2023, marking a 36% increase[274]. - The livestreaming ecommerce business generated approximately $98.609 million in revenue for the year ended December 31, 2024, compared to $71.093 million in 2023, reflecting a 39% growth[275]. - Revenue from livestreaming ecommerce increased to $98.6 million in 2024, up by $27.5 million or 38.7% from $71.1 million in 2023[285]. - DOU+ revenue surged to $25.3 million in 2024 from $5.4 million in 2023, reflecting a significant growth in customized application sales[285]. Profitability and Loss - The company recorded a gross loss of $126,000 for the year ended December 31, 2024, compared to a gross profit of $7.493 million in 2023[273]. - The company reported a net loss of $10.587 million for the year ended December 31, 2024, compared to a net loss of $2.042 million in 2023[273]. - Gross loss for livestreaming ecommerce was $0.1 million in 2024, compared to a gross profit of $8.4 million in 2023, attributed to competitive pricing strategies[293]. - Net loss attributable to equity holders was $10.5 million in 2024, compared to a loss of $2.0 million in 2023, reflecting the challenges faced in the livestreaming segment[303]. Expenses - The cost of revenues for the livestreaming ecommerce business was $98.710 million for the year ended December 31, 2024, compared to $62.651 million in 2023, indicating a 57% increase[278]. - Selling and distribution expenses decreased to $0.5 million in 2024, down by $6.9 million or 92.6% from $7.4 million in 2023, mainly due to reduced advertising expenses[298]. - Administrative expenses decreased to $10.8 million in 2024, down by $1.8 million or 14.5% from $12.6 million in 2023, due to lower professional and stock compensation expenses[299]. - Finance costs increased significantly to $1.2 million in 2024, up by $1.1 million or 798.6% from $0.1 million in 2023, driven by higher interest expenses[300]. Consulting and Other Income - The consulting income from business management and information system consulting services decreased to $0.164 million in 2024 from $1.009 million in 2023[277]. - Other income rose to $2.1 million in 2024, compared to $0.5 million in 2023, primarily from interest income and government grants[296]. Cash Flow and Liquidity - Net cash used in operating activities was $8.5 million for the year ended December 31, 2023, an increase of $6.2 million from $2.3 million in 2022, mainly due to higher cash outflows on loan receivables[335]. - Net cash generated from investing activities was $2.6 million for the year ended December 31, 2023, compared to a cash outflow of $1.6 million in 2022, attributed to decreased restricted cash and increased cash inflow on notes receivable[338]. - Net cash generated from financing activities was $6.0 million for the year ended December 31, 2023, up from $0.3 million in 2022, primarily due to increased issuance of share capital[340]. - Cash and cash equivalents at the end of the year were $1.0 million as of December 31, 2024, compared to $0.5 million at the end of 2023[341]. - The company may seek additional equity or credit facilities to enhance liquidity for future acquisitions and capital expenditures[345]. Business Operations - The company did not generate any revenue from the natural gas power generation business as of the report date[271]. - The ceramic tile business was divested in April 2023, resulting in no revenue from this segment in 2024[268]. - The company plans to further develop its SaaS platform to provide value-added services to its livestreaming ecommerce customers[264]. - The company engaged with over 256 clients in 2024, an increase of nearly 140 clients compared to 2023, with the top five clients generating $53.1 million in revenue[285]. Assets and Capital Expenditures - As of December 31, 2024, total outstanding note payable amounts were $5.2 million[342]. - Capital expenditures for the year ended December 31, 2024, were $4.2 million, significantly higher than $71,000 in 2023 and $3,000 in 2022[346]. - As of December 31, 2024, the net carrying amount of property, plant and equipment was approximately $4,138,000, significantly up from $161,000 in 2023, with no impairment loss recognized for both years[367]. Risk Management - The liquidity risk exposure arises primarily from mismatches in the maturities of financial assets and liabilities, with total liabilities of $8,034,000 as of December 31, 2024[356]. - The company has not entered into any off-balance sheet arrangements, ensuring transparency in financial reporting[348]. - The company has no intention to enter into currency hedging transactions in the future, which may expose it to foreign currency risk[518]. - The company applies the IFRS 9 simplified approach to measure expected credit loss (ECL) for trade receivables, assessing ECL individually for significant debtors[373]. Economic Environment - The general annual inflation rate in China was approximately 3.2% in 2024, compared to 2.1% in 2023, which may impact the company's profitability due to rising costs[349].