Company: CHNR
Filing Date: 2025-01-27
Form Type: POS AM
Source: 0001079973-25-000143
Chunk: 130

Company: CHINA NATURAL RESOURCES INC
Filing Date: 2025-01-27
Form: POS AM
Chunk 130
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 with Anka Consultants Ltd. (“Anka”), a related party, which superseded all previously
signed agreements between the parties, pursuant to which the Company shares 184 square meters of the total area of the office premises.
The agreement also provides that the Company shares certain costs and expenses in connection with its use of the office, in addition
to certain accounting and secretarial services and day-to-day office administration services provided by Anka. Anka’s current lease
with the unrelated landlord is for two years, from July 1, 2022, to June 30, 2024. For the years ended December 31, 2021, 2022, 2023
and the six months ended June 30, 2024, the Company paid its share of rental expenses and rates to Anka amounting to approximately CNY752,650,
CNY776,086, CNY730,149, and CNY393,222 (US$54,108), respectively.

On January 1, 2018,
Feishang Management signed an office sharing agreement with Feishang Enterprise. On October 1, 2023, Feishang Management signed a new
contract with Feishang Enterprise, which will expire on September 30, 2024. Pursuant to the agreement, Feishang Management shared 40
square meters of the office premises, and annual rent was CNY165,600, CNY165,600, CNY165,600, and CNY82,800 (US$11,394) for the years
ended December 31, 2021, 2022, 2023 and the six months ended June 30, 2024, respectively.

Bayannaoer Mining

The offices and exploration
site of Bayannaoer Mining are located in Bayannaoer City, Inner Mongolia Autonomous Region in the PRC. The property, plant and equipment
of Bayannaoer Mining mainly includes buildings, vehicles, office equipment and furniture, with a total net value as of June 30, 2024,
of approximately CNY0.05 million (US$0.01 million). On May 1, 2024, Bayannaoer Mining signed an annual lease agreement with private individuals
pursuant to which Bayannaoer Mining leases office premises located at 9/F, Huaao Building, Shengli North Road in Bayannaoer City. The
office covers an area of