Company: CHNR
Filing Date: 2025-05-15
Form Type: 424B5
Source: 0001079973-25-000830
Chunk: 15

Company: CHINA NATURAL RESOURCES INC
Filing Date: 2025-05-15
Form: 424B5
Chunk 15
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 current corporate
structure, which includes our significant subsidiaries as of the date of this prospectus supplement:

For details of each shareholder’s ownership,
please refer to the beneficial ownership table in “Item 6. Directors, Senior Management and Employees - 6.E. Share Ownership”
in our annual report on Form 20-F for the fiscal year ended December 31, 2024.

| S-5 |

Transfers of Cash and Assets between Our Company and Our Subsidiaries

Cash and asset transfers
through the Group are primarily attributed to shareholder loans from us to our subsidiaries. All cash or asset transfers between us
and our subsidiaries for each of the three years ended December 31, 2024, are set forth in the table below. The purpose of the
outbound transfers, in the form of shareholder loans, was to pay off the subsidiaries’ expenses and provide working capital
for the subsidiaries. The purpose of the inbound transfers, in the form of loan repayments, was to centralize the treasury function
of the Company and our subsidiaries. There are no fixed repayment terms and we do not expect there to be any tax implications for
such transfers. We did not make any capital contributions to, or receive any dividends from, our subsidiaries during these periods.
Other than the deemed contribution of RMB20.38 million (US$2.80 million) from Mr. Li Feilie, our controlling shareholder due to the
sale of PST Technology on July 28, 2023, netting off the assets and liabilities of the wastewater treatment business segment
transferred to Mr. Li Feilie, which were accounted for as a deemed distribution to the controlling shareholder and the repayment of HK$8.4 million shareholder loan in 2024, no transfers,
dividends or distributions have been made to investors during these periods. We currently have not maintained any cash management
policies that dictate the purpose, amount and procedure of cash or asset transfers between us and our subsidiaries, or the
investors. Rather, the funds can be transferred in accordance with the applicable laws and regulations in the PRC and other
jurisdictions. PRC laws and regulations may restrict our ability to make dividends and distributions to investors, including U.S.
investors.

| Transferor                    |     | Transferee                    |     | Year ended December 31, 
 2022                    |        |     | 2023 |         |     | 2024 |        |     | 2024 |