Company: CHNR
Filing Date: 2025-01-27
Form Type: POS AM
Source: 0001079973-25-000143
Chunk: 245

Company: CHINA NATURAL RESOURCES INC
Filing Date: 2025-01-27
Form: POS AM
Chunk 245
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,695 |     |      | 4,753 |     |      | 671 |

Cash at banks earns interest at floating
rates based on daily bank deposit rates. The bank balances and time deposits are deposited with creditworthy banks with no recent history
of default.

As of December 31, 2022, the Group has
pledged its short-term deposits to fulfil collateral requirements of a bank guarantee related to a new bidding associated with a potential
business opportunity of construction projects.

| F-57 |

| 17. |     | TRADE PAYABLES |

| Schedule of trade payables |     |              |        |     |      |     |     |      |     |
|                            |     | December 31, |        |     |      |     |     |      |     |
|                            |     |         2022 |        |     | 2023 |     |     | 2023 |     |
|                            |     |              |    CNY |     |      | CNY |     |      | US$ |
| Trade payables             |     |              | 20,326 |     |      | 100 |     |      |  14 |

The aging analysis of trade payables as
of December 31, 2022 and 2023 is as follows:

| Schedule of aging analysis of trade payables |     |              |        |     |      |     |     |      |    |
|                                              |     | December 31, |        |     |      |     |     |      |    |
|                                              |     |         2022 |        |     | 2023 |     |     | 2023 |    |
|                                              |     |          CNY |        |     |  CNY |     |     |  US$ |    |
| Within 1 year                                |     |              |  4,139 |     |      |   — |     |      |  — |
| Between 1 and 2 years                        |     |              |  5,438 |     |      |   — |     |      |  — |
| Over 2 years                                 |     |              | 10,749 |     |      | 100 |     |      | 14 |
| Total                                        |     |              | 20,326 |     |      | 100 |     |      | 14 |

Trade payables are mainly due to subcontractors