Company: CHNR
Filing Date: 2025-05-15
Form Type: 424B5
Source: 0001079973-25-000830
Chunk: 60

Company: CHINA NATURAL RESOURCES INC
Filing Date: 2025-05-15
Form: 424B5
Chunk 60
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 or amendments may be delayed, resulting in detrimental
reliance by foreign investors. New laws and regulations that affect existing and proposed future businesses may also be applied retroactively.
We cannot predict what effect the interpretation of existing or new PRC laws or regulations may have on our businesses.

PRC
regulation of loans to and direct investment in PRC entities by offshore holding companies may delay or prevent us from making loans or
additional capital contributions to our PRC subsidiaries, which could materially and adversely affect our ability to fund and expand our
business.

We are an offshore holding
company conducting our operations in China. We may make loans to our PRC subsidiaries, or we may make additional capital contributions
to our wholly foreign-owned subsidiaries in China. Any loans to our wholly foreign-owned subsidiaries in China, which are treated as foreign-invested
enterprises under PRC law, are subject to PRC regulations and foreign exchange loan registration requirements. In addition, a foreign-invested
PRC enterprise has limitations upon its uses of capital, including restrictions on such capital being: (i) directly or indirectly
used for payments beyond the business scope of the enterprise or payments prohibited by relevant laws and regulations; (ii) used
for the granting of loans to non-affiliated enterprises, except where expressly permitted in the foreign-invested PRC enterprise’s
business license; and (iii) used for paying expenses related to the purchase of real estate that is not for self-use, except for
foreign-invested real estate enterprises. We may also decide to finance our PRC subsidiaries by means of capital contributions, in which
case the PRC subsidiary is required to register the details of the capital contribution with the local branch of the State Administration
for Market Regulation (“SAMR”) and submit a report on the capital contribution via the online enterprise registration system
to the Ministry of Commerce.

In light of
the various requirements imposed by PRC regulations on loans to and direct investment in PRC entities by offshore holding companies, we
cannot assure you that we will be able to complete the necessary government registrations or obtain the necessary government approvals
or filings on a timely basis, if at all, with respect to future loans or capital contributions by us to our PRC operating subsidiaries.
If we fail to complete such registrations or obtain such approvals, our ability to fund our PRC operations may be negatively affected,
which could materially and adversely affect our liquidity and our ability to fund and expand our business.

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