Company: CHNR
Filing Date: 2025-01-27
Form Type: POS AM
Source: 0001079973-25-000143
Chunk: 122

Company: CHINA NATURAL RESOURCES INC
Filing Date: 2025-01-27
Form: POS AM
Chunk 122
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 of construction
projects in accordance with the following provisions:

(1) an environmental
impact report shall be compiled for a construction project that may have a material impact on the environment, giving comprehensive and
detailed evaluation of the pollution to be generated and environmental impact to be caused by the construction project;

(2) an environmental
impact statement shall be compiled for a construction project that may have a non-material impact on the environment, providing analysis
or special-purpose evaluation of the pollution to be generated and environmental impact to be caused by the construction project; and

(3) a registration form
shall be filled out and submitted for a construction project that may have a minor impact on the environment and necessitates no environmental
impact evaluation.

The pollution prevention
and control facilities in construction projects shall be designed, built and commissioned along with the project simultaneously. The
pollution prevention and control facilities shall meet the requirements specified in the approved documents regarding the environmental
impact assessment and shall not be dismantled or left idle without authorization.

The PRC government implements
the pollution discharge license management system in accordance with the law. Enterprises, public institutions and other producers and
operators that implement the pollution discharge license management shall discharge pollutants in accordance with the requirements of
the pollution discharge license; those that fail to obtain the pollution discharge license shall not discharge pollutants. Where enterprises,
public institutions and other producers and operators discharge pollutants in violation of the law without obtaining the pollutant discharge
license refuse to stop such violations after suspension order has been delivered, besides the penalty in accordance with the provisions
of the relevant laws and regulations, the competent departments of environmental protection of the local governments at the county level
or above and other departments responsible for supervision and management on environmental protection shall transfer the case to the
public security authority and impose a detention for not less than ten days and not more than 15 days on the persons directly in charge
and other persons directly responsible; if the consequences of such violations are less severe, a detention for not less than five days
and not more than ten days shall be imposed.

| 72 |

Management believes that
Bayannaoer Mining is in material compliance with all applicable environmental protection requirements of the state.

Copper Trading Activities

We no longer trade copper
ore, which was our sole revenue-generating operation before we engaged in the rural wastewater treatment segment. Beginning from 2019,
we had traded copper ore and enjoyed related revenues of CNY12.97 million in 2019 and approximately CNY6.87 million in