CHINA NATURAL RESOURCES REPORTS FIRST HALF 2025 RESULTS

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].