Company: CHNR
Filing Date: 2025-05-15
Form Type: 20-F
Source: 0001079973-25-000827
Chunk: 19

Company: CHINA NATURAL RESOURCES INC
Filing Date: 2025-05-15
Form: 20-F
Item: Item 3
Chunk 19
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 sectors that we are exploring, they may lack the necessary experience                             
                                                               to assess a business combination with a target business in those industries.                                                           
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•   We may become subject to additional extensive and evolving regulatory requirements, noncompliance with which, or changes in which, may materially and adversely affect our business and prospects.
Risks Relating to Our Financial Condition and Business
 

•   We have incurred losses from operations in each of the preceding three fiscal years of 2022, 2023, and 2024 and there is no assurance that we will generate profits from operations in the future.
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•   We will have to fund operating expenses from other                                                                                                                                                
    sources until we are able to generate sufficient revenue to pay them.                                                                                                                             
•   The loss of key personnel could affect our business                                                                                                                                               
    and prospects.                                                                                                                                                                                    

•   Any failure to maintain effective internal controls could have an adverse effect on our business, results of operations and the market price of our shares.
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 Risks Relating to Foreign Private Issuer Status
 

•   Because our assets are located outside of the United States and all of our directors and officers reside outside of the United States, it may be difficult for you to enforce your rights based on the U.S. federal securities laws against us or our officers and directors or to enforce a judgment of a United States court against us or our officers and directors in the PRC.
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•   Our status as a foreign private issuer results in less information being available about us than about domestic reporting companies.
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•   Due to our status as a foreign private issuer, we have adopted IFRS accounting principles, which are different from accounting principles under U.S. generally accepted accounting principles (“U.S. GAAP”).
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•   As a foreign private issuer we are not subject to certain requirements that other Nasdaq-listed issuers are required to comply with, some of which are designed to provide information to and protect investors.
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•   Due to an exemption from Nasdaq rules applicable to                                                                                                                                                             
    foreign private issuers, our related party transactions may not receive the type of independent review process that those of other Nasdaq-listed                                                                
    companies receive; the terms of these transactions are not negotiated at arm’s-length and may not be as favorable as could be obtained                                                                          
    from unrelated parties.                                                                                                                                                                                         
 
Risks Relating to Our common shares 
 

•