Company: CHNR
Filing Date: 2025-01-27
Form Type: POS AM
Source: 0001079973-25-000143
Chunk: 286

Company: CHINA NATURAL RESOURCES INC
Filing Date: 2025-01-27
Form: POS AM
Chunk 286
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 date using a binomial lattice pricing model using significant observable inputs including underlying spot price
of the Company's ordinary shares, exercise price, time to expiration, risk-free rate and equity volatility, etc.

*As the changes in equity from this
private placement transaction are dominated in US$, all the amount in US$ of this disclosure paragraph are actual transaction amount and
corresponding amount in CNY were translated from US$ at the applicable exchange rate of the transaction date, February 21, 2024.

| 18. | RELATED PARTY BALANCES AND TRANSACTIONS |

In addition to the transactions detailed
elsewhere in the consolidated financial statements, the Group had the following transactions with related parties during the period:

(a) Commercial transactions with related companies

| Schedule of commercial transactions with related companies                                                                     |     |       |     |     |                |     |     |            |     |     |            |    |
|                                                                                                                                |     |       |     |     |     Six months 
 ended June 30, |     |     |            |     |     |            |    |
|                                                                                                                                |     |       |     |     |           2023 |     |     |       2024 |     |     |       2024 |    |
|                                                                                                                                |     |       |     |     |            CNY |     |     |        CNY |     |     |        US$ |    |
|                                                                                                                                |     | Notes |     |     |     -Unaudited |     |     | -Unaudited |     |     | -Unaudited |    |
| CHNR's share of office rental, rates and others to Anka Consultants Limited (“Anka”) *                                         |     |       | -i  |     |                | 218 |     |            | 234 |     |            | 32 |
| Feishang Management's share of office rental to Feishang Enterprise**                                                          |     |       | -ii |     |                |  84 |     |            |  84 |     |            | 12 |
| Shenzhen New Precise Space-Time Technology Co., Limited (“Shenzhen New PST”)’s share of office rental to Feishang Enterprise** |     |       |     |     |                |  45 |     |            |   — |     |            |  — |

| F-110 |

| CHINA NATURAL RESOURCES, INC. AND SUBSIDIAR