Company: CHNR
Filing Date: 2025-01-27
Form Type: POS AM
Source: 0001079973-25-000143
Chunk: 94

Company: CHINA NATURAL RESOURCES INC
Filing Date: 2025-01-27
Form: POS AM
Chunk 94
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 |    — |   |
| -                                                                          
 For loss from discontinued operations                                      |     |                                     |   (0.52 | ) |     |      |   (0.15 | ) |     |      |   (0.67 | ) |     |      |  (0.09 | ) |     |                  |  (0.76 | ) |     |      |      — |   |     |      |    — |   |
| -         Loss per share                                                   |     |                                     |   (5.91 | ) |     |      |   (3.00 | ) |     |      |   (1.68 | ) |     |      |  (0.24 | ) |     |                  |  (1.31 | ) |     |      |  (0.01 | ) |     |      |    — |   |

| 57 |

Six Months Ended June 30, 2023 and 2024

Administrative Expenses. Administrative expenses decreased by CNY0.88 million (US$0.12 million) from CNY4.88 million for the six months ended
June 30, 2023 to CNY4.00 million (US$0.55 million) for the six months ended June 30, 2024. The decrease was mainly due to the professional
service fees incurred in 2023 in relation to the Company’s potential acquisition of Zimbabwe lithium mines.

Other Income.
Other income decreased by CNY0.50 million (US$0.07 million) from CNY0.50 million for the six months ended June 30, 2023 to nil for the
six months ended June 30, 2024. The decrease was mainly caused by other income relating to impairment reversal of other receivables,
which were fully impaired and written off in prior years but collected in 2023.

Fair Value (Loss)/ Gain on Financial Instruments, net. Fair value gain on financial instruments increased by CNY3.95 million (US$0.54 million) from
a loss of CNY0.09 million for the six months ended June 30, 2023 to a gain of CNY3.86 million (US$0.53 million) for the six months ended
June 30, 2024. The increase represented the fluctuation of fair values of the Company’s outstanding warrants.

Loss for the period from discontinued operations, net of tax.The loss for