Company: CHNR
Filing Date: 2025-01-27
Form Type: POS AM
Source: 0001079973-25-000143
Chunk: 167

Company: CHINA NATURAL RESOURCES INC
Filing Date: 2025-01-27
Form: POS AM
Chunk 167
---
yrton Capital LLC is 55 Post Rd West, 2nd Floor, Westport, CT 06880.                                      |
| (2) This number represents (a)                                                                                                             
 743,935 outstanding common shares held in the name of Sabby Volatility Warrant Master Fund, Ltd., a limited liability company incorporated 
 in the U.S., and (b) 557,951 common shares issuable upon exercise of certain warrants held by Sabby Volatility Warrant Master Fund,        
 Ltd. 61 days after a notice of exercise is provided to the Company. The business address of Sabby Volatility Warrant Master Fund,          
 Ltd. is c/o Sabby Management, LLC, 115 Hidden Hills Dr, Spicewood TX, 78669, United States.                                                
 (3)   This number                                                                                                                          
 represents 59,394 common shares issuable upon exercise of certain warrants held by Mr. Jian Ke, the President and CEO of FT Global         
 Capital, Inc., a FINRA registered broker-dealer firm. The business address of FT Global Capital, Inc. is 1688 Meridian Avenue, Suite       
 700, Miami Beach, FL 33139, United States.                                                                                                 
 (4) This number represents 15,000                                                                                                          
 common shares issuable upon exercise of certain warrants held by Mr. Fuad Alec Orudjev, General Counsel of FT Global Capital, Inc.         
 The business address of FT Global Capital, Inc. is 1688 Meridian Avenue, Suite 700, Miami Beach, FL 33139, United States.                  |

| 99 |

<div align='center'>RELATED PARTY TRANSACTIONS</div>

Employment Agreements and Indemnification Agreements

See “Management—Employment Agreements and Related Matters.”

Share Incentive Plan

See “Management—Share Incentive Plans.”

Other Related Party Transactions

For the years ended December
31, 2021, 2022 and 2023 and for the six months ended 2024, we received an aggregate amount of CNY14.05 million, nil, CNY78.52 million
and CNY70.16 million (US$9.66 million) from Feishang Group, one of our principal shareholders, in the form of interest-free loans to us,
respectively.

We have received
letters from Feishang Group and Feishang Enterprise, entities controlled by Mr. Li Feilie, the principal beneficial shareholder