Company: CHNR
Filing Date: 2025-01-27
Form Type: POS AM
Source: 0001079973-25-000143
Chunk: 254

Company: CHINA NATURAL RESOURCES INC
Filing Date: 2025-01-27
Form: POS AM
Chunk 254
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 |              | —   |     |           | —   |     |       |  1,281 |
| Due to the shareholder                               |     |           |   — |     |           | 12,103 |     |              | —   |     |           | —   |     |       | 12,103 |
| Lease liabilities                                    |     |           |   — |     |           |     52 |     |              | —   |     |           | —   |     |       |     52 |
|                                                      |     |           |  14 |     |           | 14,547 |     |              | —   |     |           | —   |     |       | 14,561 |

| (f) |     | Capital management |

The
Group monitors capital on the basis of the debt to capital ratio (gearing ratio), which is calculated as interest-bearing debt divided
by total capital. Interest-bearing debt mainly includes lease liabilities and interest-bearing loans and borrowings as of December 31,
2022 and mainly includes lease liabilities as of December 31, 2023. Capital includes total equity and interest-bearing debt. The gearing
ratio was 30.24% as of December 31, 2022 and 0.47% as of December 31, 2023, respectively.

| F-68 |

| 23. |     | DEFERRED TAX ASSETS AND LIABILITIES |

| (a) |     | Deferred tax balance |

Net
deferred tax assets and liabilities recognized in the consolidated statements of financial position are as follows:

| Schedule of net deferred tax assets and liabilities |     |              |       |   |     |      |   |     |      |   |
|                                                     |     |        As of |       |   |     |      |   |     |      |   |
|                                                     |     | December 31, |       |   |     |      |   |     |      |   |
|                                                     |     |         2022 |       |   |     | 2023 |   |     | 2023 |   |
|                                                     |     |          CNY |       |   |     |  CNY |   |     |  US$ |   |
| Deferred tax assets                                 |     |              |   488 |   |     |      | — |     |      | — |
| Offset amount                                       |     |              |  (