Company: CHNR
Filing Date: 2025-05-15
Form Type: 20-F
Source: 0001079973-25-000827
Chunk: 16

Company: CHINA NATURAL RESOURCES INC
Filing Date: 2025-05-15
Form: 20-F
Item: Item 3
Chunk 16
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 be lost.
 Risk Factor Summary
 Risks Relating to Our PRC Operations and Doing Business in the PRC
 

•   Changes in China’s economic, political or social conditions or government policies could have a material and adverse effect on our business, financial condition and results of operations.
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•                                                                                                                                                                                                                            Uncertainties with respect to the PRC legal system                                                                                                                                                                                                                         
                                                                                                                                                                                                                                         could adversely affect us.                                                                                                                                                                                                                                     
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•   The PRC government may intervene or influence our operations at any time, or may exert more control over the China operations of an offshore holding company and offerings conducted overseas and foreign investment in China-based issuers, such as our PRC subsidiaries. Such control or influence may significantly limit or completely hinder our ability to offer or continue to offer securities to investors and cause the value of such securities to significantly decline or be worthless.

•   Changes in PRC laws and regulations may have a material and adverse effect on our business.
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•   PRC regulation of loans to and direct investment in PRC entities by offshore holding companies may delay or prevent us from making loans or additional capital contributions to our PRC subsidiaries, which could materially and adversely affect our ability to fund and expand our business.
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•   Inflation in the PRC, or a slowing PRC economy, could negatively affect our profitability and growth.
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•   Our PRC subsidiaries are subject to restrictions on paying dividends and making other payments to us.
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•   Governmental control of currency conversion may affect payment of any dividends or foreign currency denominated obligations, and it may adversely affect the value of your investment.
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•   The fluctuation of the Renminbi may materially and adversely affect your investment.
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•   The PRC SAFE regulations regarding offshore financing activities by PRC residents have undergone changes which may increase the administrative burden we face and create uncertainties that could adversely affect us, and a failure by our shareholders who are PRC residents to make any required applications and filings pursuant to such regulations may prevent us from being able to distribute profits and could expose us and our PRC resident shareholders to liability under PRC law.
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•                                                                       The PCAOB may determine that it is unable to inspect                                                                    
                              our auditor in relation to its audit work performed for our financial statements to its satisfaction, and any inability of the PCAOB to                           
                                              conduct inspections over our auditor may affect our investors