Company: CHNR
Filing Date: 2025-01-27
Form Type: POS AM
Source: 0001079973-25-000143
Chunk: 205

Company: CHINA NATURAL RESOURCES INC
Filing Date: 2025-01-27
Form: POS AM
Chunk 205
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 | CHANGES IN ACCOUNTING POLICIES AND DISCLOSURES |

The Group has adopted the following new
and revised IFRSs for the first time for the current year’s consolidated financial statements:

| Amendments to IAS 1 and IFRS Practice Statement 2 | Disclosure of Accounting Policies                 |
| Amendments to IAS 12                              | International Tax Reform – Pillar Two Model Rules |

The nature and the impact of the new and
revised IFRSs that are applicable to the Group are described below:

| (a) | Amendments to IAS 1 require                                                                                                                 
 entities to disclose their material accounting policy information rather than their significant accounting policies. Accounting policy      
 information is material if, when considered together with other information included in an entity’s financial statements, it                
 can reasonably be expected to influence decisions that the primary users of general purpose financial statements make on the basis          
 of those financial statements. Amendments to IFRS Practice Statement 2 Making Materiality Judgements provide non-mandatory guidance         
 on how to apply the concept of materiality to accounting policy disclosures. The Group has disclosed the material accounting policy         
 information in note 2.5 to the financial statements. The amendments did not have any impact on the measurement, recognition or presentation 
 of any items in the Group’s financial statements.                                                                                           |

| (b) | Since the Group did not fall within the scope of the Pillar Two model rules, the amendments did not have any impact to the Group. |

| F-12 |

| 2.4 |     | ISSUED BUT NOT YET EFFECTIVE INTERNATIONAL FINANCIAL REPORTING STANDARDS |

The Group has not applied the following revised IFRSs, that have been issued but are not yet effective, in these financial statements. The Group intends to apply these revised IFRSs, if applicable, when they become effective.

| Amendments to IFRS 10 and IAS 28 | Sale                                                                              
 or Contribution of Assets between an Investor and its Associate or Joint Venture3 |
| Amendments to IFRS 16            | Lease Liability in                                                                
 a Sale and Leaseback1                                                             |
| Amendments to IAS 1              | Classification of                                                                 
 Liabilities as Current or Non-current (the “2020 Amendments”)1                    |
| Amendments to IAS 1              | Non-current Liabilities                                                           
 with Covenants (the “2022 Amendments”)1                                           |
| Amendments to IAS 7 and IFRS 7