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)(1): ☐ 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): ☐ 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 Connaught Road Central, S ...

Core Viewpoint - China Natural Resources Inc. reported its operational results for the six months ending June 30, 2025, highlighting a loss increase and ongoing investment in mining activities despite acquisition delays [1][5]. Financial Performance - Administrative expenses decreased to CNY3.14 million (US$0.44 million) from CNY4.00 million in the same period of 2024, attributed to stringent cost control measures [3]. - Fair value gain on financial instruments was CNY1.88 million (US$0.26 million), down from CNY3.86 million in 2024, reflecting fluctuations in the value of outstanding warrants [4]. - The company reported a loss of CNY1.27 million (US$0.18 million) for the six months ended June 30, 2025, compared to a loss of CNY0.12 million in the same period of 2024, primarily due to decreased fair value gains [5][9]. Assets and Liabilities - Total assets as of June 30, 2025, were CNY251.51 million (US$35.07 million), a decrease from CNY260.89 million as of December 31, 2024 [10][11]. - Current liabilities decreased to CNY13.70 million (US$1.91 million) from CNY17.32 million in December 2024, while total liabilities were CNY165.01 million (US$23.01 million) [11]. - Equity attributable to owners of the company was CNY86.49 million (US$12.06 million) as of June 30, 2025, down from CNY88.06 million [11][12]. Strategic Initiatives - The company is focused on prudent investments in exploration activities at the Wulatehouqi Moruogu Tong Mine and is actively working to resolve delays in the acquisition of William Minerals, which operates a lithium mine in Zimbabwe [2][6].

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]

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]

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].

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].

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].

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]

Financial Performance - For the six months ended June 30, 2024, the company reported a loss of CNY 122,000 compared to a loss of CNY 9,461,000 for the same period in 2023, representing a significant reduction in losses [17]. - Total comprehensive income for the period was CNY 8,227,000, a turnaround from a comprehensive loss of CNY 9,843,000 in the prior year [18]. - The company recorded a fair value gain on financial instruments of CNY 3,862,000 in the first half of 2024, a significant improvement from a loss of CNY 86,000 in the same period of 2023 [17]. - The loss for the period from continuing operations narrowed significantly to CNY 122 (US$ 17) compared to a loss of CNY 4,506 in the same period of 2023 [44]. - Basic and diluted loss per share for the six months ended June 30, 2024, was CNY 0.01 (US$ 0.00), a substantial improvement from CNY 1.31 in 2023 [50]. - The net loss decreased to CNY 0.12 million (US$ 0.02 million) for the period ended June 30, 2024, from CNY 9.46 million in the same period of 2023, a reduction of CNY 9.34 million (US$ 1.29 million) [113]. Cash Flow and Liquidity - Cash and cash equivalents increased to CNY 8,779,000 as of June 30, 2024, up from CNY 4,753,000 at the end of 2023, indicating improved liquidity [19]. - For the six months ended June 30, 2024, the company reported a net cash flow from operating activities of CNY (11,846) compared to CNY 3,047 in the same period of 2023, indicating a significant decline in operational cash flow [23]. - The net increase in cash and cash equivalents for the six months ended June 30, 2024, was CNY 3,986, compared to an increase of CNY 397 in the same period of 2023 [23]. - As of June 30, 2024, the company had net current liabilities of CNY 157,971 (US$ 21,737), raising concerns about liquidity [28]. - The current ratio improved from 0.03x on December 31, 2023, to 0.06x on June 30, 2024 [118]. - Working capital improved from (CNY171,934) to (CNY157,971) between December 31, 2023, and June 30, 2024 [118]. Asset and Liability Management - Total assets grew to CNY 264,159,000 as of June 30, 2024, compared to CNY 253,807,000 at the end of 2023, reflecting a positive trend in asset management [20]. - Current liabilities decreased to CNY 167,838,000 as of June 30, 2024, down from CNY 177,812,000 at the end of 2023, suggesting better management of short-term obligations [20]. - The company’s equity attributable to owners increased to CNY 96,321,000 as of June 30, 2024, compared to CNY 75,995,000 at the end of 2023, reflecting improved financial health [20]. - The total liabilities decreased to CNY 167,838 (US$ 23,095) from CNY 177,812, representing a reduction of about 5.6% [43]. - The Group's total current financial liabilities were CNY 91,110 as of June 30, 2024, with no non-current liabilities reported [60]. Operational Efficiency - Administrative expenses decreased to CNY 3,996,000 in the first half of 2024, down from CNY 4,879,000 in the prior year, indicating cost control efforts [17]. - Other income for the six months ended June 30, 2024, was nil, compared to CNY 0.50 million for the same period in 2023, primarily due to prior impairments being fully written off [107]. - The company did not incur any income tax expense for the period, consistent with the previous year [17]. - The company did not recognize any impairment loss for the six months ended June 30, 2024, maintaining asset integrity [52]. Strategic Developments - The company completed the sale of 100% equity interest in Precise Space-Time Technology Limited for approximately CNY 95,761, marking a strategic exit from the wastewater treatment business [35]. - The company is acquiring 100% equity interests in Greatfame Investments Limited, which owns a mining permit for a lithium mine in Zimbabwe, with a consideration based on the quantity of lithium oxide resources [91]. - The company extended the long stop date for closing the acquisition from December 31, 2024, to December 31, 2025 [103]. Financing Activities - The company raised CNY 20,429 from the issuance of shares in 2024, contrasting with no proceeds from share issuance in 2023 [23]. - The company entered into a securities purchase agreement to issue up to 1,487,870 common shares at a price of US$2.20 per share and warrants for 1,115,903 common shares at an exercise price of US$3.00 [81]. - The gross proceeds from the offering, after deducting the fair value of warrants, amounted to CNY 15,305 (US$ 2,129) [82]. - The company incurred fees and offering expenses of CNY 5,250 (US$ 730), which included 8% of gross proceeds and other professional service expenses [83]. - The company issued a US$24,500 promissory note for the acquisition and recognized a liability of US$24,500 and other payable of US$10,500 [92]. - The company has capital commitments of CNY 2,432 (US$ 335) associated with mineral exploration for the Zimbabwean lithium mine [102].

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]