Company: CHNR
Filing Date: 2025-05-15
Form Type: 20-F
Source: 0001079973-25-000827
Chunk: 166

Company: CHINA NATURAL RESOURCES INC
Filing Date: 2025-05-15
Form: 20-F
Item: Item 16F
Chunk 166
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ITEM 16F.   CHANGES IN REGISTRANT’S CERTIFYING ACCOUNTANT
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Effective April 8, 2025, we engaged ARK Pro CPA & Co (“ARK”) as our independent registered public accounting firm. The change of our independent registered public accounting firm and the appointment of ARK was made after a careful and thorough evaluation process and has been approved by the audit committee and board of directors.
 
On April 3, 2025, we dismissed Ernst & Young Hua Ming LLP (“EY”) as our independent registered public accounting firm. The audit report of EY on the Company’s consolidated financial statements for the fiscal year ended December 31, 2023 did not contain an adverse opinion or a disclaimer of opinion, nor was it qualified or modified as to uncertainty, audit scope, or accounting principles.
 
During the audit for the fiscal year ended December 31, 2023 and the subsequent period through the dismissal date of April 3, 2025, there have been (i) no disagreements (as defined in Item 16F(a)(1)(iv) of Form 20-F and the related instructions thereto) between the Company and EY on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure, which disagreements, if not resolved to the satisfaction of EY, would have caused EY to make reference to the subject matter of the disagreements in connection with its report on the consolidated financial statements for such year, and (ii) no “reportable events” (as defined in Item 16F(a)(1)(v) of Form 20-F).
 
For the fiscal years ended December 31, 2022 and 2023 and the subsequent interim period through April 8, 2025, neither the Company nor anyone acting on its behalf consulted with ARK on either (a) the application of accounting principles to a specified transaction, either completed or proposed, or the type of audit opinion that might be rendered on the Company’s financial statements, and neither a written report nor oral advice was provided to the Company by ARK that ARK concluded was an important factor considered by the Company in reaching a decision as to any accounting, auditing or financial reporting issue, or (b) any matter that was the subject of a disagreement (as defined in Item 16F(a)(1)(iv) of Form 20-F and the related instructions thereto) or a reportable event (as defined in Item 16