Company: CHNR
Filing Date: 2025-01-27
Form Type: POS AM
Source: 0001079973-25-000143
Chunk: 128

Company: CHINA NATURAL RESOURCES INC
Filing Date: 2025-01-27
Form: POS AM
Chunk 128
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 improve operational performance, enhance community and regulatory relationships and manage closure viability.

As an exploration company, we
do not carry out any mining operation. However, we prioritize initiatives that not only align with our corporate values but also contribute
to sustainable development, stakeholder trust, and long-term profitability. We will implement environmentally responsible mining practices,
such as reducing water and energy consumption, minimizing waste generation and rehabilitating mined areas post-extraction, to mitigate
ecological degradation. We will also implement efficient water management strategies, including recycling and treating mine water, to
minimize water usage and prevent contamination of local water sources. Furthermore, we will invest in community development projects that
address pressing social needs, such as education, healthcare, infrastructure, and economic diversification. We will also develop robust
risk management frameworks to identify, assess and mitigate ESG-related risks associated with our operations.

Employees

As of the date of this prospectus,
we employed a total of nine employees on a full-time basis consisting of six employees engaged in metal exploration, and three executive
and administrative employees in corporate services. The Company believes that its relations with employees are generally good.

The following table sets out
the number of employees as of December 31, 2021, 2022 and 2023 and as of June 30, 2024, including their principal category of activity
and geographic location.

|           |     |                                                            |     |              Years 
 Ended December 31, |    |     |      |    |     |      |   |     |          Six 
 Months Ended 
         June 
          30, |   |
|           |     |                                                            |     |               2021 |    |     | 2022 |    |     | 2023 |   |     |         2024 |   |
| Hong Kong |     | Accounting, administration and management                  |     |                    |  2 |     |      |  2 |     |      | 2 |     |              | 2 |
|           |     |                                                            |     |                    |  2 |     |      |  2 |     |      | 2 |     |              | 2 |
| The PRC   |     | Accounting, administration and management (Shenzhen)       |     |                    |  1 |     |      |  1 |     |      | 1 |     |              | 1 |
|           |     | Accounting, administration and management (