Company: CHNR
Filing Date: 2025-12-31
Form Type: 6-K
Source: 0001553350-25-000219
Chunk: 7

Company: CHINA NATURAL RESOURCES INC
Filing Date: 2025-12-31
Form: 6-K
Chunk 7
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ATED FINANCIAL STATEMENTS (UNAUDITED)

(Amounts in thousands, except share and per share data)</div>

| 1. |     | ORGANIZATION AND PRINCIPAL ACTIVITIES |

China
Natural Resources, Inc. (“CHNR” or the “Company”) is a British Virgin Islands (“BVI”) holding company
incorporated in 1993. The address of the principal executive office is Room 2205, 22/F, West Tower, Shun Tak Centre, 168-200 Connaught
Road Central, Sheung Wan, Hong Kong. The Company’s principal activity is investment holding. The Company’s subsidiaries (collectively
with CHNR, the “Group”) are primarily involved in the exploration and mining and wastewater treatment businesses in the People’s
Republic of China (“PRC”).

CHNR’s
principal shareholder is Feishang Group Limited (“Feishang Group” or the “Shareholder”), a BVI corporation. Mr.
Li Feilie is the controlling shareholder of Feishang Group. In the opinion of the directors of the Company (the “Directors”),
the ultimate parent of CHNR is Laitan Investment Limited, a BVI corporation.

| 2.1 |     | BASIS OF PRESENTATION |

The
interim condensed consolidated financial statements for the six months ended June 30, 2025 have been prepared in accordance with International
Accounting Standard (“IAS”) 34 Interim Financial Reporting.

The
Group has prepared the financial statements on the basis that it will continue to operate as a going concern.

As
of June 30, 2025, the Group had net current liabilities of CNY11,685 (US$1,630). In view of the circumstance, the directors have given
consideration to the future liquidity and performance of the Group and its available sources of financing in assessing whether the Group
will have sufficient financial resources to continue as a going concern. The Group has obtained letters from each of Feishang Group and
Feishang Enterprise Group Company Limited (“Feishang Enterprise”), entities controlled by Mr. Li Feilie, the principal beneficial
shareholder of the Company, which state that Feishang Group and Feishang Enterprise will provide continuous financial support to the
Group in relation to the going concern of its operations, and will not recall any amounts due to them until the Group has sufficient
liquidity to finance its operations. Feishang Enterprise’s letter