Company: CHNR
Filing Date: 2025-01-27
Form Type: POS AM
Source: 0001079973-25-000143
Chunk: 153

Company: CHINA NATURAL RESOURCES INC
Filing Date: 2025-01-27
Form: POS AM
Chunk 153
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, Mr. Li
provides strategic guidance relating to the various businesses in which he and his controlled companies invest. Through his related companies,
Mr. Li also provides funding to support the Company’s operating expenses and indirectly holds a substantial amount of the Company’s
debt (see the section in this prospectus entitled “– Related Party Transactions” below). Mr. Li has been the chairman
of Feishang Enterprise, Wuhu City Feishang Industrial Co., Ltd. and Wuhu Feishang Port Co., Ltd., companies beneficially owned by him,
since June 2000, from December 2001 to July 2011 and since October 2002, respectively. Mr. Li graduated from Peking
University with a bachelor’s degree and a master’s degree in Economics.

| 90 |

Key Employees

The following table identifies
the senior management of Bayannaoer Mining, and his age and position:

| Name   |     | Age |     | Position                             |
| Yu Jun |     |  56 |     | General Manager of Bayannaoer Mining |

Mr. Yu Jun was appointed
as general manager of Bayannaoer Mining in January 2015. He has served as finance manager and chief financial officer of Bayannaoer Mining
since 2005. Mr. Yu has over 25 years of experience in corporate finance. Prior to joining Bayannaoer Mining, he served in the positions
of finance manager and financial controller of several companies including subsidiary companies of Sichuan University. Mr. Yu graduated
from the University of Electronic Science and Technology of China in 1989 and was awarded a bachelor’s degree from Southwestern
University of Finance and Economics in 2004.

Family Relationships and Other Arrangements

There are no family relationships
between any of the individuals identified above. There are no arrangements or understandings between major shareholders, customers, suppliers
or others pursuant to which any of the individuals identified above was selected as a director or member of senior management, other
than the fact that each was elected by Mr. Li Feilie.

Board of Directors

Our board
of directors consists of five directors, including two executive directors and three non-executive directors. The powers and duties of
our directors include convening general meetings and reporting our board’s work at our shareholders’ meetings, declaring dividends
and distributions, determining our business and investment plans, appointing officers and determining the term of office of the officers,
preparing our annual