China Natural Resources Inc (CHNR)

CHINA NATURAL RESOURCES, INC. REPORTS FULL YEAR 2025 RESULTSMay 15, 2026 5:12 PM
PR Newswire (US) HONG KONG, May 15, 2026 /PRNewswire/ -- China Natural Resources, Inc. (NASDAQ: CHNR) (the "Company") today announced its results of operations for the year ended December 31, 2025. For the convenience of the reader, amounts in Chinese Yuan ("CNY") have been translated into United States dollars ("US$") at the rate of US$1.00 = CNY6.9964 as quoted by www.ofx.com on December 31, 2025, except as otherwise disclosed.Mr. Wong Wah On Edward, Chief Executive Officer and Chairman of the Company, commented, "We continue to adopt a disciplined approach to our exploration investments as we evaluate the further value creation potential of the Wulatehouqi Moruogu Tong Mine. The escalation of trade frictions and geopolitical tensions has materially affected global market sentiment and economic conditions. Notwithstanding these headwinds, we are actively exploring opportunities to enhance shareholder value. On March 17, 2026, we signed a non-binding Letter of Intent with Feishang Group Limited, its principal shareholder, to acquire 100% shares of a wholly owned subsidiary of Feishang that will own, directly or indirectly, 59.79% of the equity interest of HooRii Technology (HK) Limited, a limited liability company incorporated in Hong Kong specializing in physical AI development, through the combination of IoT and artificial intelligence, to bring AI into the physical."Financial Results for the Twelve Months Ended December 31, 2025Administrative expenses decreased by CNY3.90 million (US$0.56 million) from CNY7.20 million for the year ended December 31, 2024 to CNY3.30 million (US$0.47 million) for the year ended December 31, 2025. The decrease was mainly caused by the decrease of professional fees (mainly legal and audit fees) as a result of expense control.Other income increased by CNY0.03 million (US$0.01 million) from CNY2.00 thousand for the year ended December 31, 2024 to CNY0.03 million (US$0.01 million) for the year ended December 31, 2025. The increase in other income was mainly due to the gain on disposal of a vehicle.Fair value gain on financial instruments, net decreased by CNY1.92 million (US$0.27 million) from CNY4.00 million for the year ended December 31, 2024 to CNY2.08 million (US$0.30 million) for the year ended December 31, 2025. The decrease was caused by the fluctuation of fair values of the Company's outstanding warrants.As a result of the foregoing, our net loss decreased by CNY1.93 million (US$0.28 million), from CNY3.16 million for the year ended December 31, 2024 to CNY1.23 million (US$0.18 million) for the year ended December 31, 2025.  CHINA NATURAL RESOURCES, INC.CONSOLIDATED STATEMENTS OF PROFIT OR LOSSFOR THE YEARS ENDED DECEMBER 31, 2023, 2024 AND 2025(Amounts in thousands, except share and per share data)


Year Ended December 31,


2023

2024

2025

2025


CNY

CNY

CNY

US$


























CONTINUING OPERATIONS















Administrative expenses

(12,883)


(7,199)


(3,299)


(472)
Other income

3,742


2


34


5
Fair value gain on financial instruments, net

847


3,996


2,077


297
Finance costs

(48)


(28)


(44)


(6)
Finance income

5


69


1


—

















LOSS BEFORE INCOME TAX

(8,337)


(3,160)


(1,231)


(176)

















Income tax expense

—


—


—


—

















LOSS FOR THE YEAR FROM CONTINUING OPERATIONS

(8,337)


(3,160)


(1,231)


(176)

















DISCONTINUED OPERATIONS















Loss for the year from discontinued operations, net of tax

(4,106)


—


—


—

















LOSS FOR THE YEAR

(12,443)


(3,160)


(1,231)


(176)

















ATTRIBUTABLE TO:















Owners of the Company















From continuing operations

(8,337)


(3,160)


(1,231)


(176)
From discontinued operations

(5,504)


—


—


—
Non-controlling interests















From continuing operations

—


—


—


—
From discontinued operations

1,398


—


—


—

















LOSS FOR THE YEAR

(12,443)


(3,160)


(1,231)


(176)

















LOSS PER SHARE ATTRIBUTABLE TO OWNERS OF THE COMPANY:















Basic and diluted















- For loss from continuing operations

(8.11)*

(2.62)*

(0.98)


(0.14)
- For loss from discontinued operations

(5.35)*

—


—


—
- Loss per share

(13.46)*

(2.62)*

(0.98)


(0.14)
* Retrospectively restated for effect of the 8-to-1 share combination effective on June 13, 2025.         CHINA NATURAL RESOURCES, INC.CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOMEFOR THE YEARS ENDED DECEMBER 31, 2023, 2024 AND 2025(Amounts in thousands)


Year Ended December 31,


2023

2024

2025

2025


CNY

CNY

CNY

US$













LOSS FOR THE YEAR

(12,443)


(3,160)


(1,231)


(176)

















Other comprehensive loss that will be reclassified to profit or loss in
    subsequent periods:















Foreign currency translation adjustments of the subsidiaries

(2,810)


(4,053)


(5,366)


(767)
Other comprehensive income that will not be reclassified to profit or
    loss in subsequent periods:















Foreign currency translation adjustments of the Company

1,421


5,590


4,863


695

















Total other comprehensive (loss)/income for the year, net of tax

(1,389)


1,537


(503)


(72)

















TOTAL COMPREHENSIVE LOSS FOR THE YEAR

(13,832)


(1,623)


(1,734)


(248)

















Attributable to:















Owners of the Company















From continuing operations

(9,726)


(1,623)


(1,734)


(248)
From discontinued operations

(5,504)


—


—


—
Non-controlling interests















From continuing operations

—


—


—


—
From discontinued operations

1,398


—


—


—

















TOTAL COMPREHENSIVE LOSS FOR THE YEAR

(13,832)


(1,623)


(1,734)


(248)
  CHINA NATURAL RESOURCES, INC.CONSOLIDATED STATEMENTS OF FINANCIAL POSITIONAS OF DECEMBER 31, 2024 AND 2025(Amounts in thousands)


December 31,


2024

2025

2025


CNY

CNY

US$




















ASSETS











NON-CURRENT ASSETS











Property, plant and equipment

49


30


4
Right-of-use assets

—


—


—
Other non-current assets

256,484


245,400


35,075













TOTAL NON-CURRENT ASSETS

256,533


245,430


35,079













CURRENT ASSETS











Prepayments

1,242


1,234


176
Other receivables

32


43


6
Cash and cash equivalents

3,082


475


68













TOTAL CURRENT ASSETS

4,356


1,752


250













TOTAL ASSETS

260,889


247,182


35,329
  CHINA NATURAL RESOURCES, INC.CONSOLIDATED STATEMENTS OF FINANCIAL POSITION (CONTINUED)AS OF DECEMBER 31, 2024 AND 2025(Amounts in thousands)


December 31,


2024

2025

2025


CNY

CNY

US$




















LIABILITIES AND EQUITY
























CURRENT LIABILITIES











Trade payables

280


280


40
Other payables and accruals

3,536


1,151


164
Derivative financial liabilities

2,138


19


3
Lease liabilities

—


—


—
Due to related companies

11,361


12,709


1,817













TOTAL CURRENT LIABILITIES

17,315


14,159


2,024













NON-CURRENT LIABILITIES











Other payables

76,945


73,620


10,523
Due to the Shareholder

78,567


73,075


10,445













TOTAL NON-CURRENT LIABILITIES

155,512


146,695


20,968













TOTAL LIABILITIES

172,827


160,854


22,992













EQUITY











Issued capital

450,782


450,782


64,431
Other capital reserves

772,465


772,465


110,409
Accumulated losses

(1,126,011)


(1,127,242)


(161,120)
Other comprehensive losses

(9,174)


(9,677)


(1,383)













EQUITY ATTRIBUTABLE TO OWNERS
   OF THE COMPANY

88,062


86,328


12,337
NON-CONTROLLING INTERESTS

—


—


—













TOTAL EQUITY

88,062


86,328


12,337













TOTAL LIABILITIES AND EQUITY

260,889


247,182


35,329
 The condensed consolidated statements of profit or loss of the Company for the year ended December 31, 2025 and 2024, and the condensed consolidated statements of financial position of the Company as of December 31, 2025 and December 31, 2024, have been prepared in accordance with International Financial Reporting Standards as issued by the International Accounting Standards Board. The condensed consolidated statements of profit or loss and the condensed consolidated statements of financial position have been derived from and should be read in conjunction with the Company's audited consolidated financial statements for the year ended December 31, 2025 contained in the Company's Annual Report on Form 20-F as filed with the Commission on May 15, 2026.About China Natural Resources:
China Natural Resources, Inc. (NASDAQ: CHNR) is currently a holding company that operated in exploration and mining business. Upon the completion of Precise Space-Time Technology disposition on July 28, 2023, the Company is engaged in the acquisition and exploitation of mining rights in Inner Mongolia, including exploring for lead, silver and other nonferrous metal, and is actively exploring business opportunities in other non-natural resource sectors. In 2023, China Natural Resources agreed to acquire Williams Minerals, which operates a lithium mine in Zimbabwe, for a maximum consideration of US$1.75 billion. Currently, we are actively working with all involved parties to close the deal by December 2025. Williams Minerals is owned by China Natural Resources' controlling shareholder, Feishang Group Limited, and a non-affiliate, Top Pacific (China) Limited.Forward-Looking Statements:
This press release includes forward-looking statements within the meaning of the U.S. federal securities laws. These statements include, without limitation, statements regarding the intent, belief and current expectations of the Company, its directors or its officers with respect to: the potential presented by the exploration and mining sector in the People's Republic of China (the "PRC") and other industry sectors in the PRC generally; the impact on the Company's financial position, growth potential and business of in the sale of Precise Space-Time Technology and Shanghai Onway specifically; the experience, supply chain and customer relationships and market insights of the Precise Space-Time Technology team; and the Company's ability to locate and execute on strategic opportunities in non-natural resources sectors. Forward-looking statements are not a guarantee of future performance and involve risks and uncertainties, and actual results may differ materially from those in the forward-looking statement as a result of various factors. Among the risks and uncertainties that could cause the Company's actual results to differ from its forward-looking statements are uncertainties associated with metal price volatility; uncertainties concerning the viability of mining and estimates of reserves at the Company's Wulatehouqi Moruogu Tong Mine in Inner Mongolia; uncertainties regarding our ability to acquire a mining permit and to extract mineral reserves located in the Moruogu Tong Mine in an economically feasible manner; uncertainties related to our ability to fund operations and capital expenditures; uncertainties relating to the acquisition of Williams Minerals that were not discovered by us through our due diligence investigation; uncertainties related to the completion of the acquisition of Williams Minerals which is conditional upon satisfaction or waiver of various conditions; failure to complete the acquisition of Williams Minerals may have a material adverse effect on the Company's business, financial condition and results of operations; uncertainties related to the realization of the anticipated benefits associated with it; the potential lack of appetite for the Company's current holdings as consideration for a transaction; uncertainties related to geopolitical events and conflicts, such as the conflict between Russia and Ukraine; uncertainties regarding the impact of climate change on our operations and business; uncertainties related to possible future increases in operating expenses; the fluctuations of interest rates and foreign exchange rates; the results of the next assessment by the Staff of the Nasdaq Listing Qualifications department of the Company's compliance with the Nasdaq Listing Rules; uncertainties related to governmental, economic and political circumstances in the PRC; uncertainties related to the Company's ability to fund operations; uncertainties related to possible future increases in operating expenses, including costs of labor and materials; uncertainties related to the political situation between the PRC and the United States, and potential negative impacts on companies with operations in the PRC that are listed on exchanges in the United States; and other risks detailed from time to time in the Company's filings with the U.S. Securities and Exchange Commission. When, in any forward-looking statement, the Company, or its management, expresses an expectation or belief as to future results, that expectation or belief is expressed in good faith and is believed to have a reasonable basis, but there can be no assurance that the stated expectation or belief will result or be achieved or accomplished. Except as required by law, the Company undertakes no obligation to update any forward-looking statements. View original content:https://www.prnewswire.com/news-releases/china-natural-resources-inc-reports-full-year-2025-results-302773938.htmlSOURCE China Natural Resources, Inc. Original: CHINA NATURAL RESOURCES, INC. REPORTS FULL YEAR 2025 RESULTS

CHNR.............................................p/m

CHNR Announces Non-Binding Letter of Intent to Acquire Majority Stake in HooRii Technology, Marking Strategic Shift to Physical AIMarch 19, 2026 7:15 AM
PR Newswire (US)

HONG KONG, March 19, 2026 /PRNewswire/ -- China Natural Resources, Inc. (NASDAQ: CHNR) ("CHNR" or the "Company"), a holding company that operates in exploration and mining business, today announced that it has signed a non-binding Letter of Intent ("LOI") with Feishang Group Limited, its principal shareholder ("Feishang"), to acquire 100% shares of a wholly owned subsidiary of Feishang that will own, directly or indirectly, 59.79% of the equity interest of HooRii Technology (HK) Limited ("HooRii"), a limited liability company incorporated in Hong Kong specializing in physical AI development, through the combination of IOT and artificial intelligence, to bring AI into the physical world (the "Acquisition"). The Company has established a special committee consisting of all of the independent directors to evaluate the Acquisition.  Pursuant to the LOI, the Acquisition's total consideration is estimated to range between US$37 million to US$40 million through a combination of cash and stock issuance. The Acquisition is subject to the negotiation and execution of definitive documentation, completion of due diligence, receipt of regulatory approvals, and necessary corporate approval, alongside other customary closing conditions.This proposed Acquisition represents a pivotal strategic evolution for CHNR, advancing the Company's dual mandate to strengthen its core mining operations through AI and to build a scalable growth platform in cutting-edge AI and IoT technologies. CHNR plans to deploy HooRii's AI and IoT expertise to optimize mining workflows, enhance safety, and improve cost efficiency across CHNR's global assets, while leveraging HooRii's market-leading technology to expand into the high-growth Physica AI market, diversifying beyond traditional resources.Since its founding in 2021, HooRii has been at the forefront of IoT technology. Supported by Feishang, HooRii is a world-leading company at the intersection of AI and IoT, determined to become a key force in connecting artificial intelligence with the physical world, driven by the mission to "Bring your AI to the real world." HooRii initially focused on advancing the development and commercialization of the Thread protocol, successfully launching a series of hardware and software products and solutions that provided robust technical support for millions of IoT devices and thousands of developers worldwide.In 2026, as OpenClaw became the most popular project in GitHub's history, a wave of Personal AI Assistants swept the globe. HooRii seized this momentum to launch ClawStage, the first embodied personal AI built on the OpenClaw architecture. This landmark product received widespread acclaim within a month of its launch, gaining over ten million impressions and attracting more than ten thousand seed users. Since its inception, HooRii has secured multiple rounds of investment from renowned funds, including Plum Venture, Eminence Venture, and PreAngel Venture, with total financing exceeding $7 million USD."Today's announcement marks a watershed moment for CHNR," said, Wong Wah On Edward, Chief Executive Officer of CHNR. "As an experienced company in the traditional industries, we recognize that embracing AI is not merely an opportunity—it is a necessity. This proposed acquisition would accelerate our transformation, enabling us to apply HooRii's innovative technology to our core mining business while unlocking new revenue potential in the fast-growing physical AI ecosystem. We are committed to balancing the strength of our heritage with the agility of a tech-enabled future.""HooRii's journey from a start-up to a leader in physical AI is a testament to our team's innovation and vision," said Albert Licheng Zhu, Chief Executive Officer of HooRii Technology. "Teaming up with CHNR will provide us with the financial strength, global reach, and operational scale to accelerate product development and market expansion. We are delighted to partner with CHNR to redefine the future of both AI&IOT and the resources industry."Important Disclosure Regarding the LOIThe foregoing description of the LOI does not purport to be complete and are qualified in its entirety by reference to the full text of the agreement, which the Company plans to furnish as an exhibit on its current report on Form 6-K.Investors are cautioned that the LOI is non-binding and serves only as a preliminary expression of intent. The Company provides no assurance that a definitive agreement will be executed or that the proposed acquisition will be consummated on the terms described, or at all. Furthermore, the Company can offer no guarantee regarding the timing of the potential closing, which remains subject to the satisfaction of various closing conditions.About China Natural Resources, Inc.China Natural Resources, Inc. (NASDAQ: CHNR) is currently a holding company that operates in exploration and mining business. The Company is engaged in the acquisition and exploitation of mining rights in Inner Mongolia, including exploring for lead, silver and other nonferrous metal, and is actively exploring business opportunities in the healthcare and other non-natural resource sectors. Committed to operational excellence, sustainability, and shareholder value, CHNR is advancing a strategic transformation to integrate AI and technology across its business.About HooRii Technology LimitedHooRii is a Hong Kong-based Physical AI innovator specializing embodied personal AI built on the OpenClaw architecture. Supported by Feishang and many other venture capital funds, HooRii is dedicated to making AI accessible and intuitive for consumers and businesses worldwide.Forward-Looking StatementsThis press release contains certain statements that may include "forward-looking statements." All statements other than statements of historical fact included herein are "forward-looking statements." These forward-looking statements are often identified by the use of forward-looking terminology such as "believes," "expects" or similar expressions, involving known and unknown risks and uncertainties. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. You should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including the risk factors discussed in the Company's periodic reports that are filed with the Securities and Exchange Commission and available on the SEC's website (http://www.sec.gov). All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these risk factors. Other than as required under the applicable securities laws, the Company does not assume a duty to update these forward-looking statements.



View original content:https://www.prnewswire.com/news-releases/chnr-announces-non-binding-letter-of-intent-to-acquire-majority-stake-in-hoorii-technology-marking-strategic-shift-to-physical-ai-302718624.htmlSOURCE China Natural Resources, Inc.

Original: CHNR Announces Non-Binding Letter of Intent to Acquire Majority Stake in HooRii Technology, Marking Strategic Shift to Physical AI

So did I glenn. It could be a good one later in the year. We should keep it on watch🤔

passed on the bump

8 for 1 R/S schedualed on June 12th

Of course yhe closing been going on in limbo for some time ..

Zimbabwe is well-positioned to benefit from the surge in the price of lithium, with the country boasting Africa’s largest lithium deposits. The acquisition by China Natural Resources is a significant development for the lithium market, as global demand for lithium continues to rise in response to the growing interest in renewable energy

Buy the dips the deal closing soon ...to be announced sooon enough $$$
China Natural Resources recently agreed to acquire Williams Minerals, which operates a lithium mine in Zimbabwe, for a maximum consideration of US$1.75 billion. While there is no guarantee, the acquisition of Williams Minerals is expected to close in 2024. Williams Minerals is owned by China Natural Resources' controlling shareholder, Feishang Group Limited, and a non-affiliate, Top Pacific (China) Limited.

CHNR.................https://stockcharts.com/h-sc/ui?s=CHNR&p=W&b=5&g=0&id=p86431144783

Chan at All out $1.20s these are January markets are brutal not hanging in long on anything same as KAVL all out 1.30s 

Lithium power reactivated )1.30 + 80% 

Zimbabwe hyper inflation power hitting $1 

Finally .50s paying off here at .96 they own that beautiful mine gives them power

.76 flip time won't stay up long

58-64 Wait for open to add spread to far. Low floater China pumping 

China stocks running .60 low floater take a gamble no news in some 

That was quick🤑🤑🤑🤑🤑🤑WOOHOOOOOOOOOOOOOO i’m doing this every day with these Chinese stocks lately.

🤑👍🎵Ching Chong🎵CHNR😑

CHNR...........................https://stockcharts.com/h-sc/ui?s=CHNR&p=W&b=5&g=0&id=p86431144783

Need real retail buying to keep this ticker from crash and burn......only way to save nasdaq listing long term. Can do reverse split, but with float so small, just creates a new problem, can't keep printing shares and not expect trouble.

Older news..China Natural Resources agreed to acquire Williams Minerals, which operates a lithium mine in Zimbabwe, for a maximum consideration of US$1.75 billion. While there is no guarantee, the acquisition of Williams Minerals is expected to close in 2024. Williams Minerals is owned by China Natural Resources' controlling shareholder, Feishang Group Limited, and a non-affiliate, Top Pacific (China) Limited.

China low float scam stock in play this morning.
Last time it ran to almost $9.
Did they close that merger?
I would be surprised if it ran to $1.50 today.
You never know though. Roll the dice. Enjoy.

$10.00 soon

$1.20

$1.24s Up

CHNR $1.20 setting up

Where do u see a 1.75 bill buyout at ?

With this float & the 1.75 billion buyout this will go over $100 if the deal goes through.

An offering announced it is how they stay in business

CHNR: Indeed, Capt. D-10!!! (Hope YOU too scored a nice one here today, Sir!!! Now back to my duty post.)

CHNR: Sold most many minutes ago for BIG SCORE!! (But left-in 25% of position for remainder of day --- just for sport & laughs!! LOVE this stuff!!)

And this is why we don't labor over the Pink Sheets anymore, folks.....

CHNR: A huge GODZILLA-CLASS-SCORE for me!!! GOD-BLESS my atheistic ASK!!! (You guys didn't get suckered by all of those OTHER CHINA routines, did you???)

CHNR: We're goin' to HALT-CITY 'cause it's TWO-TO-ONE!!! We're goin' to HALT-CITY gonna have some FUN!!! Two HALTS for every (soaring) GAP-UP!!!

CHNR: Whelp, her we go!!! (Can you censor THIS post, Mr. "JobyNimble"?? You worthless P.O.S.???!!!)

What's the one in the 40-85 cent range with less than 10 mil OS?

This will get past $15 tomorrow

Hahahahahaha I love your answer bro! That made my day! :)

No kidding… I love buying a groups shares at a 300% premium. Great risk reward

LOL

Smh they would wait til after hours to buy big. No reason for it to go up.

What's the skinny anybody know

INSANITY

You can do the math

Some group bought 4 blocks today each of 20-40k

Preloaded. Turn the lights off

Zero soon! 🐕💩🇨🇳

Zero soon! 🐕💩🇨🇳

CHNR new 52 week low

Deal will BRLL and CDSG

$CHNR - To Sell Precise Space-Time Technology 07/28/23
👆Up 51% Pre-Market/ Current Price $2.97

$$$