Company: CHNR
Filing Date: 2025-05-15
Form Type: 20-F
Source: 0001079973-25-000827
Chunk: 126

Company: CHINA NATURAL RESOURCES INC
Filing Date: 2025-05-15
Form: 20-F
Item: Item 6
Chunk 126
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•   We are not required to hold an in-person annual meeting to elect directors and transact other business customarily conducted at an annual meeting (rather, we complete these actions by written consent of holders of a majority of our voting securities).
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 We may in the future determine to voluntarily comply with one or more of the foregoing provisions of Marketplace Rule 5600.
 
D.   Employees
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As of the date of this annual report, we employed a total of nine employees on a full-time basis consisting of six employees engaged in metal exploration, and three executive and administrative employees in corporate services. The Company believes that its relations with employees are generally good.
 The following table sets out the number of employees as of December 31, 2022, 2023, and 2024, including their principal category of activity and geographic location.
 
                                                                                         Years Ended December 31,           
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                                                                         2022               2023                2024        
Hong Kong   Accounting, administration and management                              2                   2                   2
                                                                                   2                   2                   2
The PRC     Accounting, administration and management (Shenzhen)                   1                   1                   1
            Accounting, administration and management (Bayannaoer)                 4                   4                   4
            Accounting, administration and management (Shanghai Onway)            36                   —                   —
            Sales and purchasing                                                                       —                   —
            Cashier                                                                                    1                   1
            Construction management                                               16                   —                   —
            Mining exploration                                                     1                   1                   1
                                                                                  65                   9                   9
Total                                                                             67                   9                   9

E.   Share Ownership
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The following table sets forth, as of the date of this annual report, the share ownership of the Company’s common shares by:
 
·   each of the individuals disclosed in response to Item 6.B. of this annual report; and
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·   each person known to us to beneficially own more than 5% of our common shares.
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 The calculations in the table below are based on 9,865,767 common shares issued and outstanding as of the date of this annual report, excluding a total of 1,190,297 common shares that represent common shares underlying the Warrants that are issuable upon exercise of the Warrants by cash and