Company: CHNR
Filing Date: 2025-01-27
Form Type: POS AM
Source: 0001079973-25-000143
Chunk: 196

Company: CHINA NATURAL RESOURCES INC
Filing Date: 2025-01-27
Form: POS AM
Chunk 196
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 are material to the financial statements and (2) involved our especially challenging, subjective
or complex judgments. We determined that there are no critical audit matters.

/s/ Ernst & Young Hua Ming LLP

We have served as the Company’s auditor since 2015.

Beijing, the People’s Republic of China

April 30, 2024

| F-2 |

<div align='center'>CHINA NATURAL RESOURCES, INC.

CONSOLIDATED STATEMENTS OF
PROFIT OR LOSS

FOR THE YEARS ENDED DECEMBER 31, 2021, 2022 AND 2023

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

|                                                                     |     |       |   |     | Year               
 Ended December 31, 
 2021               |         |   |     | 2022 |         |   |     | 2023 |         |   |     | 2023 |        |   |
|:--------------------------------------------------------------------|:----|:------|--:|:----|:-------------------|--------:|:--|:----|:-----|--------:|:--|:----|:-----|--------:|:--|:----|:-----|-------:|:--|
|                                                                     |     |       |   |     | CNY                |         |   |     | CNY  |         |   |     | CNY  |         |   |     | US$  |        |   |
|                                                                     |     | Notes |   |     |                    |         |   |     |      |         |   |     |      |         |   |     |      |        |   |
| CONTINUING OPERATIONS                                               |     |       |   |     |                    |         |   |     |      |         |   |     |      |         |   |     |      |        |   |
| Administrative expenses                                             |     |       |   |     |                    | (11,076 | ) |     |      | (25,248 | ) |     |      | (12,883 | ) |     |      | (1,820 | ) |
| Other income                                                        |     |       |   |     |                    |     599 |   |     |      |     699 |   |     |      |   3,742 |   |     |      |    529 |   |
| Fair value (loss)/gain