Company: CHNR
Filing Date: 2025-05-15
Form Type: 424B5
Source: 0001079973-25-000830
Chunk: 48

Company: CHINA NATURAL RESOURCES INC
Filing Date: 2025-05-15
Form: 424B5
Chunk 48
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”) and public-private partnership projects
in relation to rural wastewater treatment, and the provision of consulting and professional technical services. Shanghai Onway has a team
of well-regarded experts with deep industry experience in the field of wastewater treatment and carries out its rural wastewater treatment
business using proprietary wastewater treatment technologies. With Shanghai Onway’s core biological filtration technology, a series
of optimized and integrated processes are formed to provide advanced and practicable solutions to decentralized rural wastewater treatment
and resource recycling in the PRC.

The Company’s subsidiary
Bayannaoer City Feishang Mining Company Limited (“Bayannaoer Mining”) holds an exploration permit issued by the Land and Resources
Department of Inner Mongolia Autonomous Region covering the Moruogu Tong Mine, located in Wulatehouqi, Bayannaoer City, Inner Mongolia.
Based upon preliminary geologic surveys, it is believed that the Moruogu Tong Mine contains lead and silver, with the prospect that further
surveying and exploration may indicate the presence of other ores such as copper. In 2019 and 2020, Bayannaoer Mining was involved in
the trade of copper ore in the PRC. We ceased trading copper ore in the second half of 2020, due to volatile fluctuations in the price
of copper.

The Company is also actively
exploring business opportunities in the healthcare and other non-natural resource sectors.

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Organizational Structure

Below is a chart of our organizational
structure as of the date of this prospectus: All current operations are conducted by Bayannaoer Mining and Shanghai Onway, and its subsidiaries
Zhejiang Xinyu Environmental Technology Co., Limited and Shaoguan Angrui Environmental Technology Development Co., Limited.

Regulatory Risks Relating to Our Operations
in China

Although they have had no
impacts on our business to date, recent statements and regulatory actions by the Chinese government, such as those related to data security
or anti-monopoly concerns, could have a significant impact on our ability to conduct our business, accept foreign investments, or maintain
our listing on Nasdaq or list on another U.S. or foreign exchange. There have not been comparable developments in Hong Kong yet, but such
developments may occur.

For example, on June 10, 2021,
the Standing Committee of the PRC National People’s Congress promulgated the PRC Data Security Law, which took effect in September
2021. The PRC Data Security Law imposes data