Company: CHNR
Filing Date: 2025-05-15
Form Type: 20-F
Source: 0001079973-25-000827
Chunk: 162

Company: CHINA NATURAL RESOURCES INC
Filing Date: 2025-05-15
Form: 20-F
Item: Item 16A
Chunk 162
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ITEM 16A.   AUDIT COMMITTEE FINANCIAL EXPERT
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 In general, an “audit committee financial expert” within the meaning of Item 16.A. of Form 20-F is an individual member of the Audit Committee who:
 
•   understands generally accepted accounting principles and financial statements;
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•   is able to assess the general application of such principles in connection with accounting for estimates, accruals and reserves;
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•   has experience preparing, auditing, analyzing or evaluating financial statements comparable to the breadth and complexity of our financial statements, or experience actively supervising one or more persons engaging in such activities;
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•   understands internal controls over financial reporting; and
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•   understands audit committee functions.
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An “audit committee financial expert” may acquire the foregoing attributes through:
 
•   education and experience as a principal financial officer, principal accounting officer, controller, public accountant, auditor or person serving similar functions;
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•   experience actively supervising a principal financial officer, principal accounting officer, controller, public accountant, auditor or person serving similar functions;
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•   experience overseeing or assessing the performance of companies or public accounts with respect to the preparation, auditing or evaluation of financial statements; or
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•   other relevant experience.
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Our Board of Directors has determined that Mr. Yip Wing Hang and Mr. Lam Kwan Sing is each an “audit committee financial expert” within the meaning of Item 16A of Form 20-F. Each of our “audit committee financial experts” is independent as that term is used in Nasdaq Marketplace Rule 5605(a)(2).