Company: CHNR
Filing Date: 2025-01-27
Form Type: POS AM
Source: 0001079973-25-000143
Chunk: 22

Company: CHINA NATURAL RESOURCES INC
Filing Date: 2025-01-27
Form: POS AM
Chunk 22
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 offering subject to the filing procedures as set forth under the New Overseas Listing
Rules: (i) 50% or more of the issuer’s operating revenue, total profit, total assets or net assets as documented in its audited
combined financial statements for the most recent accounting year is accounted for by domestic companies; and (ii) the main parts of the
issuer’s business activities are conducted in the mainland China, or its main place(s) of business are located in the mainland China,
or the senior managers in charge of its business operations and management are mostly Chinese citizens or domiciled in the mainland China.

According to the New Overseas Listing Rules, issuers shall file with the CSRC within three business days after the initial submission of the registration statement to the SEC for its nonpublic review and to report to the CSRC upon the completion of the reported offering. Moreover, the New Overseas Listing Rules mandate that overseas-listed issuers conducting follow-on securities offerings in the same overseas market must file with the CSRC within three business days after the completion of such offering. If an overseas-listed issuer plans to conduct a follow-on offering of securities in the same overseas market in multiple tranches, it is required to complete the filing with the CSRC only at the time of the initial issuance, specifying the total number of securities intended to be issued in this offering, and subsequent issuances within the authorized issuance limit do not require separate filings; the overseas-listed issuer will only be required to submit a summary report to the CSRC upon completion of the authorized issuance, which includes a report of all tranches issued under the authorized issuance limit. Additionally, issuers listed overseas are required to report “material events” to the CSRC within three business days following the occurrence and public announcement of such events. These material events include change of control, voluntary delisting or being ordered to delist, and investigations or penalties by overseas securities regulatory bodies, among other things. Failure to fulfill these obligations to make timely filings or reports to the CSRC may result in fines, legal or administrative sanctions and other adverse consequences and could materially and adversely affect our ability to raise funds in overseas markets. For details of the associated risks, see “Risk Factors – Risks Relating to Our PRC Operations and Doing Business in the PRC – The filing with the CSRC or other PRC government authorities may be required in connection with our offshore offerings under PRC law, and, if required, we cannot predict whether or for how long we will be able to