Company: CHNR
Filing Date: 2025-01-27
Form Type: POS AM
Source: 0001079973-25-000143
Chunk: 253

Company: CHINA NATURAL RESOURCES INC
Filing Date: 2025-01-27
Form: POS AM
Chunk 253
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 of a change in leadership,
social or political disruption or unforeseen circumstances affecting the political, economic and social conditions in the PRC. There
is also no guarantee that the PRC government’s pursuit of economic reforms will be consistent or effective.

| F-66 |

| 22. |     | FINANCIAL RISK                                 
 MANAGEMENT OBJECTIVES AND POLICIES (CONTINUED) |

| (e) |     | Liquidity risk |

The
Group manages its liquidity risk by regularly monitoring its liquidity requirements and its compliance with debt covenants to ensure
that it maintains sufficient cash and cash equivalents, as well as adequate time deposits, to meet its liquidity requirements in the
short and long term.

The
Group expects that its existing cash and cash equivalents, shareholder financial support and subsequent equity financing (see Note 24)
will be sufficient to fund its operations and meet all of its obligations as they fall due for at least twelve months from the date of
financial statements. See Note 2.1.1 for details related to going concern basis.

The
table below summarizes the maturity profile of the Group’s financial liabilities and lease liabilities based on contractual undiscounted
payments:

| Summary the maturity profile of financial liabilities and lease liabilities 
 December 31, 2022                                                           |     | On demand |     |     | Less than 
 1 year    |        |     | 1 to 5 years |        |     | More than 
 5 years   |        |     | Total |         |
|:----------------------------------------------------------------------------|:----|:----------|----:|:----|:----------|-------:|:----|:-------------|-------:|:----|:----------|-------:|:----|:------|--------:|
|                                                                             |     |           | CNY |     |           |    CNY |     |              |    CNY |     |           |    CNY |     |       |     CNY |
| Derivative financial liabilities                                            |     |           | 824 |     |           |      — |     |              |      — |     |           |      — |     |       |     824 |
| Trade payables                                                              |     |           |   — |     |           | 20,326 |     |              |      — |     |           |      — |     |       |  20,326 |
| Financial liabilities in other payables and accruals                        |     |           |   — |