Company: CHNR
Filing Date: 2025-05-15
Form Type: 424B5
Source: 0001079973-25-000830
Chunk: 2

Company: CHINA NATURAL RESOURCES INC
Filing Date: 2025-05-15
Form: 424B5
Chunk 2
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 was declared effective on February 10, 2023, instead of through the POS AM F-1.

We are a “foreign private issuer,” as defined
under the U.S. federal securities law and are subject to reduced public company reporting requirements. See “Prospectus Supplement
Summary – Implications of Being a Foreign Private Issuer” for additional information.

The Company is not an operating company but a British
Virgin Islands holding company with operations primarily conducted by its subsidiaries in China.

The Company’s PRC Subsidiaries face various legal
and operational risks and uncertainties related to doing business in China. For a detailed description of risks related to doing business
in China, see “Risk Factors —Risks Relating to Our PRC Operations and Doing Business in the PRC” in the accompanying
prospectus and our annual report on Form 20-F for the fiscal year ended December 31, 2024.

China Securities Regulatory Commission, or the “CSRC”,
promulgated the Trial Administrative Measures of Overseas Securities Offering and Listing by Domestic Companies (the “Trial Measures”),
which became effective on March 31, 2023. The Company’s securities are currently publicly listed on the Nasdaq Stock Market, and
it shall make filings on the offering with the CSRC within three working days after the offering is completed.

The Company’s corporate structure as a British
Virgin Islands holding company with operations primarily conducted by its subsidiaries in China involves unique risks to investors. According
to the Foreign Investment Law in China, the State Council shall promulgate or approve a list of special administrative measures for market
access of foreign investments, or the Negative List. The Foreign Investment Law grants national treatment to foreign-invested entities,
except for those foreign-invested entities that operate in industries specified as either “restricted” or “prohibited”
from foreign investment in the Negative List. The Foreign Investment Law provides that foreign-invested entities operating in “restricted”
or “prohibited” industries will require market entry clearance and other permissions or approvals from relevant PRC government
authorities. On December 27, 2021, the National Development and Reform Commission of China (“NDRC”) and the Ministry of Commerce
(“MOFCOM”) jointly issued the Special Administrative Measures for Foreign Investment Access (Negative List) (2021 Edition),
and the Special Administrative Measures for Foreign Investment Access in Pilot Free Trade Zones (Negative List) (2021 Edition), effective
January 1, 2022.