Company: CHNR
Filing Date: 2025-01-27
Form Type: POS AM
Source: 0001079973-25-000143
Chunk: 172

Company: CHINA NATURAL RESOURCES INC
Filing Date: 2025-01-27
Form: POS AM
Chunk 172
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 December 31, 2023 to December 31, 2024. On December 31, 2024, the parties entered into the Amendment Agreement II
to further extend the long stop date for closing the acquisition from December 31, 2024 to December 31, 2025.

| 101 |

The foregoing description
of the Zimbabwe SPA, the Amendment Agreement and the Amendment Agreement II is only a summary and is qualified in its entirety by reference
to the Sale and Purchase Agreement between China Natural Resources, Inc., Feishang Group Limited, Top Pacific (China) Limited, Li Feilie,
and Yao Yuguang, dated February 27, 2023, a copy of which is incorporated by reference as Exhibit 4.17 to the 2022 Form 20-F for the
fiscal year ended December 31, 2022 filed with the SEC on May 15, 2023, Exhibit 99.1 to our current report on Form 6-K furnished to the
SEC on December 22, 2023, and Exhibit 99.1 to our current report on Form 6-K furnished to the SEC on December 31, 2024 respectively.

Commercial Transactions with Related Companies

Commercial transactions with related companies
(in thousands) are summarized as follows:

|                                                   |     | 2021 | Year Ended December 31, |     | 2022 |       |     | 2023 |     |     | 2023 |    |     | 2023 | Six Months Ended 
         June 30, |     | 2024 |     |     | 2024 |    |
|:--------------------------------------------------|:----|:-----|------------------------:|:----|:-----|------:|:----|:-----|----:|:----|:-----|---:|:----|:-----|-----------------:|:----|:-----|----:|:----|:-----|---:|
|                                                   |     | CNY  |                         |     | CNY  |       |     | CNY  |     |     | US$  |    |     | CNY  |                  |     | CNY  |     |     | US$  |    |
| Interest income                                   
 received from Feishang Enterprise (1)             |     |      |                   3,396 |     |      |     — |     |      |   — |     |