Company: CHNR
Filing Date: 2025-01-27
Form Type: POS AM
Source: 0001079973-25-000143
Chunk: 46

Company: CHINA NATURAL RESOURCES INC
Filing Date: 2025-01-27
Form: POS AM
Chunk 46
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 long it will take us to obtain such approval or complete such filing procedures and any such approval
or filing could be rescinded or rejected. Any failure to obtain or delay in obtaining such approval or completing such filing procedures
for our offshore offerings, including by our inadvertent conclusion that such approval or filing was not required when in fact it was,
or a rescission of any such approval or filing if obtained by us, could subject us to sanctions by the CSRC or other PRC regulatory authorities.
These regulatory authorities may impose fines and penalties on our operations in China, limit our ability to pay dividends outside of
China, limit our operating privileges in China, delay or restrict the repatriation of the proceeds from our offshore offerings into China
or take other actions that could materially and adversely affect our business, financial condition, results of operations and prospects,
as well as the trading price of our listed securities. The CSRC or other PRC regulatory authorities also may take actions requiring us,
or making it advisable for us, to halt our offshore offerings before settlement and delivery of the securities offered. Consequently,
if investors engage in market trading or other activities in anticipation of and prior to settlement and delivery, they do so at the
risk that settlement and delivery may not occur. In addition, if the CSRC or other regulatory authorities later promulgate new rules
or explanations requiring that we obtain their approvals or accomplish the required filing or other regulatory procedures for our prior
offshore offerings, we may be unable to obtain a waiver of such approval requirements, if and when procedures are established to obtain
such a waiver. Any uncertainties or negative publicity regarding such approval requirement could materially and adversely affect our
business, prospects, financial condition, reputation and the trading price of our listed securities.

Failure to comply with PRC regulations and other legal obligations concerning data protection and cybersecurity may materially and adversely affect our business, as we routinely collect, store and use data during the conduct of our business.

On December 28,
2021, the CAC, together with 12 other departments, adopted the Cybersecurity Review Measures, which became effective on February 15,
2022. The Cybersecurity Review Measures require network platform operators possessing personal information of more than one million individual
users to undergo a cybersecurity review by the CAC when they seek a listing on a foreign exchange. The Cybersecurity Review Measures
provide that critical information infrastructure operators purchasing network products and services and network platform operators carrying
out data processing activities, which affect or may affect national security, shall apply for