Company: CHNR
Filing Date: 2025-01-27
Form Type: POS AM
Source: 0001079973-25-000143
Chunk: 248

Company: CHINA NATURAL RESOURCES INC
Filing Date: 2025-01-27
Form: POS AM
Chunk 248
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 51 |
| Due to related companies                             |     |              |   3,408 |     |              |   9,069 |     |              |  1,281 |
| Due to the Shareholder                               |     |              |   7,153 |     |              |  85,673 |     |              | 12,103 |
| Interest-bearing loans and borrowings                |     |              |  74,000 |     |              |       — |     |              |      — |
| Total                                                |     |              | 115,375 |     |              | 103,066 |     |              | 14,560 |
| Total current                                        |     |              |  42,777 |     |              | 103,066 |     |              | 14,560 |
| Total non-current                                    |     |              |  72,598 |     |              |       — |     |              |      — |

| (i) |     | This represents certain warrants issued                                                                                                          
 to institutional investors on January 20, 2021, which was recognized as derivative financial liabilities (not designated as hedging instruments) 
 with a fair value of CNY9,246 (US$1,427)* on the issue date as the investors have the right to exercise their warrants on a cashless basis.      
 In accordance with IAS 32, a contract settled by a single net payment (generally referred to as net cash-settled or net equity-settled           
 as the case may be) is a financial liability and not an equity instrument. The fair value gain of derivative financial liabilities for           
 the years ended December 31, 2021, 2022 and 2023 was CNY7,467 and CNY1,007, CNY847 (US$120),                                                     
 respectively.                                                                                                                                    |

| F-61 |

| 21. |     | FINANCIAL               
 INSTRUMENTS (CONTINUED) |

| (c) |     | Fair  
 value |

Set
out below is a comparison, by class, of the carrying amounts and fair values of the Group’s financial instruments, other than those
with carrying amounts that are reasonable approximations of fair values:

| Schedule of the carrying amounts and fair values of the Group’s financial instruments other than those with carrying amounts |     |                  |        |     |             |        |     |                  |   |     |