Company: CHNR
Filing Date: 2025-01-27
Form Type: POS AM
Source: 0001079973-25-000143
Chunk: 98

Company: CHINA NATURAL RESOURCES INC
Filing Date: 2025-01-27
Form: POS AM
Chunk 98
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 |     |                                             |        |   |     |                       |         |   |     |      |   |     |      |   |
| Owners of the company                                              |     |                                     |  (4,268 | ) |     |      |  (1,285 | ) |     |                                             | (5,504 | ) |     |                       |  (6,236 | ) |     |      | — |     |      | — |
| Non-controlling interests                                          |     |                                     |  (6,819 | ) |     |      |   2,327 |   |     |                                             |  1,398 |   |     |                       |   1,281 |   |     |      | — |     |      | — |

The Period Ended July 28, 2023 and The Year Ended December 31, 2022

Revenue.
Revenue from discontinued operations decreased by CNY7.56 million from CNY20.31 million for the year ended December 31,
2022 to CNY12.75 million for the period ended July 28, 2023. The decrease in revenues was mainly caused by the shorter operating
period of the discontinued operations due to our disposal of PST Technology in July 2023.

Cost of sales.Cost of sales from discontinued operations decreased by CNY8.62 million from CNY14.49 million for the year ended December 31,
2022 to CNY5.87 million for the period ended July 28, 2023. The decrease in cost of sales was mainly caused by the shorter operating
period of the discontinued operations due to our disposal of PST Technology in July 2023.

Selling and Distribution Expenses.Selling and distribution expenses from discontinued operations decreased by CNY0.26 million from CNY0.70 million
for the year ended December 31, 2022 to CNY0.44 million for the period ended July 28, 2023. The decrease was mainly due to
tighter expense control efforts in 2023 and the shorter operating period of the discontinued operations due to our disposal of PST Technology
in July 2023.

Administrative Expenses.Administrative expenses from discontinued operations decreased by CNY5.80 million from CNY11.50 million for
the year ended December 31, 2022 to CNY5.70 million for the period ended July 28, 2023. The decrease was mainly caused
by one