Company: CHNR
Filing Date: 2025-05-15
Form Type: 424B5
Source: 0001079973-25-000830
Chunk: 69

Company: CHINA NATURAL RESOURCES INC
Filing Date: 2025-05-15
Form: 424B5
Chunk 69
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 with the requirements of the laws and regulations mentioned above and other PRC regulations necessary to complete
such transactions could be time-consuming, and any required approval processes, including obtaining approval from the SAMR, may delay
or inhibit our ability to complete such transactions, which could materially and adversely affect our ability to expand our business or
maintain our market share.

| 14 |

In December 2020, the National
Development and Reform Commission and the Ministry of Commerce promulgated the Measures for the Security Review of Foreign Investment,
which came into effect on January 18, 2021. As these measures are recently promulgated, official guidance has not been issued by the designated
office in charge of such security review yet. At this stage, the interpretation of those measures remains unclear in many aspects. For
example, it is unclear whether these measures may apply to foreign investment that is implemented or completed before the enactment of
these new measures. We cannot assure you that our current or new business operations will remain fully compliant, or that we can adapt
our business operations to new regulatory requirements on a timely basis, or at all.

We
and our PRC subsidiaries are required to maintain a series of licenses, permits and approvals from PRC authorities to operate our business
in the PRC, and failure to maintain or renew such licenses, permits or approvals in a timely manner could materially affect our business.

Our PRC subsidiaries mainly
carry out rural wastewater treatment and metal exploration activities in the PRC, which are subject to a series of PRC laws and regulations.
Such business activities require us to obtain licenses, permits and approvals from different PRC authorities, including an exploration
permit from the Land and Resources Department of the Inner Mongolia Autonomous Region with regards to our metal exploration activity,
construction permits in relation to our EPC activities, and business licenses from local industry and commercial bureaus as required upon
company registration. As of the date of this prospectus, as far as we are aware and in the judgment of management, we have obtained all
necessary licenses, permits and approvals to operate our business in the PRC, and have not been denied any such licenses, permits or approvals.
If we or our PRC subsidiaries fail to maintain or renew such licenses, permits and approvals in a timely manner in the future, our business
may be materially affected.

The
approval of or filing with the CSRC or other PRC government authorities may be required in connection with our offshore offerings under
PRC law, and, if required