China Natural Resources(CHNR)
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美股异动丨中国天然资源涨44.06%,为涨幅最大的中概股



Ge Long Hui· 2025-10-14 00:20
Group 1 - The top five gainers among Chinese concept stocks include China Natural Resources, which surged by 44.06%, followed by Hengfeng Technology Innovation with a rise of 38.63%, and Together Education Technology increasing by 23.82% [1] - I-Mab experienced a gain of 21.38%, while Meihua Chuangfu rose by 21.23% [1] Group 2 - China Natural Resources (CHNR) closed at 7.170 with a total trading volume of 136 million [1] - Hengfeng Technology Innovation (FOFO) reached a price of 16.220 with a trading volume of 5.0382 million [1] - Together Education Technology (YQ) ended at 4.990 with a trading volume of 274,100 [1] - I-Mab (IIMAB) closed at 5.790 with a trading volume of 26.4254 million [1] - Meihua Chuangfu (MGRT) finished at 5.310 with a trading volume of 699,600 [1]
美股异动丨大自然药业涨82.98%,为涨幅最大的中概股




Ge Long Hui· 2025-10-09 00:22
Core Viewpoint - Chinese concept stocks experienced significant gains, with notable increases in share prices for several companies, indicating a positive market sentiment towards these stocks [1] Group 1: Top Gainers - Nature's Sunshine Products (UPC) saw a remarkable increase of 82.98%, closing at a price of 9.460, with a trading volume of 235 million [1] - Melco Resorts & Entertainment (MSC) rose by 19.23%, reaching a price of 4.680, with a trading volume of 48,500 [1] - I-Mab (IMAB) increased by 16.02%, closing at 5.070, with a trading volume of 29.76 million [1] - Zai Lab (APM) experienced a gain of 15.31%, closing at 2.410, with a trading volume of 1.6078 million [1] - China Natural Resources (CHNR) rose by 14.84%, closing at 5.700, with a trading volume of 8.8604 million [1]
China Natural Resources Announces Effective Date of Share Combination
Prnewswire· 2025-06-10 20:10
Core Viewpoint - China Natural Resources, Inc. will implement a share combination, converting every eight common shares into one, effective June 13, 2025 [1][2]. Group 1: Share Combination Details - The share combination will not issue fractional shares; any resulting fractions will be rounded up to the next whole share [2]. - All shareholders will be affected uniformly, and their percentage interest in the Company's outstanding common shares will remain unchanged, except for adjustments due to fractional shares [2]. - Outstanding options, warrants, and other rights to purchase common shares will be adjusted proportionately as a result of the share combination [2]. Group 2: Trading Information - Post-combination, the common shares will continue to trade under the symbol "CHNR" but will have a new CUSIP number, G2110U125 [3]. Group 3: Company Overview - China Natural Resources, Inc. operates in the exploration and mining business, focusing on acquiring and exploiting mining rights in Inner Mongolia, particularly for lead, silver, and other nonferrous metals [4]. - The Company is in the process of acquiring Williams Minerals, which operates a lithium mine in Zimbabwe, for a maximum consideration of US$1.75 billion [4]. - The acquisition involves parties including the Company's controlling shareholder, Feishang Group Limited, and a non-affiliate, Top Pacific (China) Limited [4].
China Natural Resources Announces 8-to-1 Share Combination
Prnewswire· 2025-05-27 20:15
Core Viewpoint - China Natural Resources, Inc. has announced an eight-to-one share combination to increase its per share trading price and meet Nasdaq listing requirements [1][3]. Group 1: Share Combination Details - The board of directors has approved an eight-to-one share combination of issued and outstanding common shares, effective June 12, 2025 [1]. - Every eight issued and outstanding common shares will automatically convert into one common share, with fractional shares rounded up to the next whole share [2]. - The share combination will not affect the total number of authorized common shares, and all outstanding options and warrants will be adjusted proportionately [3]. Group 2: Company Operations and Strategy - China Natural Resources operates in exploration and mining, focusing on acquiring and exploiting mining rights in Inner Mongolia, including lead, silver, and other nonferrous metals [4]. - The company is in the process of acquiring Williams Minerals, which operates a lithium mine in Zimbabwe, for a maximum consideration of US$1.75 billion [4].
China Natural Resources(CHNR) - 2024 Q4 - Annual Report
2025-05-15 20:24
Acquisition and Business Strategy - The company is in the process of acquiring Williams Minerals, which holds a mining permit for a lithium mine in Zimbabwe, with a completion date extended to December 31, 2025[16]. - The acquisition involves a 70% ownership by the controlling shareholder and a 30% ownership by a non-affiliate, contingent upon various conditions being met[16]. - The anticipated benefits of the acquisition of Williams Minerals are subject to realization uncertainties[39]. - The acquisition of Williams Minerals is conditional upon various factors, including a cash payment of US$140 million and independent technical reports on lithium resources[138]. - The company has extended the long stop date for closing the acquisition of Williams Minerals to December 31, 2025, due to ongoing conditions precedent[138]. - Future acquisitions may dilute shareholder ownership and increase debt, with no assurance of successful integration or favorable terms[141]. - The company has limited experience in acquiring businesses, which may expose it to unknown risks and liabilities[144]. - The company is exploring strategic alternatives in non-natural resources sectors, which may include identifying potential partners or acquisition targets[39]. - The company is exploring business opportunities in non-natural resource sectors in addition to its current operations[177]. Financial Performance and Risks - The company has incurred losses from operations in each of the preceding three fiscal years of 2022, 2023, and 2024, with no assurance of future profitability[68]. - The company reported a deemed distribution of RMB20.38 million (US$2.79 million) to its controlling shareholder in 2024[51]. - The company has not made any capital contributions or received dividends from its subsidiaries during the reported periods[51]. - The company faces significant regulatory risks from the PRC government, which may influence its ability to conduct business and accept foreign investments[47]. - Recent policies from the PRC government could adversely affect the company's financial condition and operations[48]. - The company has incurred operating losses of CNY24.55 million, CNY9.14 million, and RMB7.20 million (US$0.99 million) for the fiscal years 2022, 2023, and 2024 respectively[145]. - The company has faced significant non-recurring expenses related to the acquisition of PST Technology, including legal and integration costs[134]. - The company may continue to incur operational costs related to ESG compliance, which could materially impact its financial condition[133]. Regulatory Environment - The company faces significant regulatory uncertainties in China that could impact its business operations and financial condition[37]. - The company is subject to the Holding Foreign Companies Accountable Act, which may lead to delisting if audit reports are not compliant[49]. - The PRC government may intervene in the company's operations, which could limit its ability to offer securities and negatively affect their value[59]. - The company is subject to complex PRC regulations regarding offshore offerings, which may require approvals or filings that could delay or prevent capital raising efforts[64]. - The company is currently not in compliance with the Nasdaq continued listing requirements, specifically the minimum bid price requirement of $1.00 per share[166]. - The company has been granted an additional 180 calendar days until June 30, 2025, to regain compliance with the bid price requirement[166]. - The company is subject to various government regulations regarding exploration activities, and failure to comply could result in fines or suspension of business permits[128]. - The company is currently engaged solely in metal exploration and mining activities in the Inner Mongolia Autonomous Region of the PRC after the sale of its wastewater treatment segment in July 2023[175]. Currency and Economic Factors - The fluctuation of the Renminbi may materially and adversely affect the company's financial condition and investment value[59]. - Fluctuations in the Renminbi exchange rate could materially affect the company's cash flows and financial condition, especially as most operating expenses are denominated in CNY[86]. - China's economic growth has been uneven, with potential fluctuations or declines anticipated in the near future, which may adversely affect the company's financial condition and results of operations[71]. - Government measures aimed at boosting the Chinese economy could lead to higher inflation, impacting operating costs such as employee compensation and office expenses[71]. Shareholder and Corporate Governance - Mr. Li Feilie holds approximately 54.5% of the company's outstanding common shares, allowing him significant influence over shareholder votes and corporate transactions[170]. - The company has 9,865,767 common shares issued and outstanding as of the date of the annual report[160]. - The company plans to issue up to 1,487,870 common shares at a price of $2.20 per share in a registered direct offering, with gross proceeds of approximately $3.27 million expected[160]. - Up to 1,115,903 common shares may be issued upon the exercise of warrants at a per share exercise price of $3.00[159]. - The company has adopted IFRS accounting principles, which differ from U.S. GAAP, and does not provide reconciliation of these principles[153]. - The company has historically engaged in substantial related party transactions, which may not be as favorable as those with unrelated parties due to lack of independent review[157]. Market Conditions and Commodity Prices - In 2024, lead prices fluctuated between CNY15,790 (US$2,164) and CNY20,050 (US$2,747) per ton, while silver prices ranged from CNY5,743 (US$787) to CNY8,733 (US$1,197) per kg, indicating significant market volatility[127]. - The SHFE lead price fluctuated significantly in 2024, starting at CNY15,900 (US$2,179) per ton and reaching an annual high of CNY20,050 (US$2,747) per ton, closing at CNY16,765 (US$2,297) per ton, representing an annual increase of approximately 5.61%[208]. - The SHFE silver price started at CNY5,972 (US$818) per kg, peaked at CNY8,733 (US$1,197) per kg, and closed at CNY7,470 (US$1,024) per kg, reflecting an annual increase of approximately 25%[212]. - World refined lead production in 2024 was 13,029 thousand tons, while refined usage was 12,998 thousand tons, indicating a slight decrease in both production and usage compared to previous years[209]. Environmental, Social, and Governance (ESG) Considerations - ESG issues are increasingly important to stakeholders, and failure to meet evolving expectations may negatively impact the company's reputation and increase costs[130]. - The company aims to enhance overall cost effectiveness and productivity while maintaining responsible environmental practices[205]. - The company is committed to delivering long-term value to shareholders and contributing to the economic and social development of the regions where it operates[211].
CHINA NATURAL RESOURCES GRANTED SECOND 180-DAY PERIOD BY NASDAQ TO REGAIN COMPLIANCE WITH MINIMUM BID PRICE RULE
Prnewswire· 2025-01-06 11:37
Company Overview - China Natural Resources Inc. is a holding company engaged in exploration and mining, focusing on acquiring and exploiting mining rights in Inner Mongolia, particularly for lead, silver, and other nonferrous metals [2] - The company is in the process of acquiring Williams Minerals, which operates a lithium mine in Zimbabwe, for a maximum consideration of US$1.75 billion [2] Compliance with Nasdaq Listing Requirements - On January 3, 2025, the company was granted an additional 180-day period until June 30, 2025, to regain compliance with the $1.00 minimum bid price requirement for continued listing on the Nasdaq Capital Market [1] - If the closing bid price reaches at least $1.00 per share for ten consecutive business days, Nasdaq will confirm compliance; otherwise, the company may face delisting [1] Strategic Intent and Future Opportunities - The company intends to monitor its share price and explore options to regain compliance with Nasdaq's minimum bid price requirement [1] - There are ongoing efforts to close the acquisition of Williams Minerals, which is expected to enhance the company's portfolio in the mining sector [2]
China Natural Resources(CHNR) - 2024 Q4 - Annual Report
2024-12-31 21:32
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ☐ Form 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 For the month of December 2024. Commission File Number 0-26046 China Natural Resources, Inc. (Translation of registrant's name into English) Room 2205, 22/F, West Tower, Shun Tak Centre, 168-200 C ...
China Natural Resources Receives Nasdaq Notification Regarding Minimum Bid Requirements
Prnewswire· 2024-07-11 12:10
Core Points - China Natural Resources, Inc. received a notification from Nasdaq regarding non-compliance with the minimum bid price requirement due to its common shares closing below $1.00 for 30 consecutive business days [1] - The company has a compliance period of 180 calendar days, until January 2, 2025, to regain compliance with the minimum bid price requirement [2] - If the company's share price reaches at least $1.00 for ten consecutive business days during the compliance period, Nasdaq will confirm compliance [2] - If compliance is not achieved by January 2, 2025, the company may be eligible for an additional 180-day grace period [2] Company Overview - China Natural Resources, Inc. is a British Virgin Islands corporation engaged in the exploration of lead, silver, and other metals in the Inner Mongolia Autonomous Region of the People's Republic of China [3] - The company is actively exploring further business opportunities in the natural resources sector and other sectors [3]
China Natural Resources(CHNR) - Prospectus(update)
2024-06-21 14:24
Registration No. 333-278037 (Primary Standard Industrial UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 AMENDMENT NO. 2 TO FORM F-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 CHINA NATURAL RESOURCES, INC. (Exact name of Registrant as specified in its charter) Not Applicable (Translation of Registrant's name into English) British Virgin Islands 1040 Not Applicable (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification number) Room ...
China Natural Resources(CHNR) - Prospectus(update)
2024-05-24 14:41
Registration No. 333-278037 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 AMENDMENT NO. 1 TO FORM F-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 CHINA NATURAL RESOURCES, INC. (Exact name of Registrant as specified in its charter) Not Applicable (Translation of Registrant's name into English) British Virgin Islands 1040 Not Applicable (State or other jurisdiction of incorporation or organization) (Primary Standard Industrial (I.R.S. Employer Identification number) Room ...