Welcome to our dedicated page for China Natural Resources news (Ticker: CHNR), a resource for investors and traders seeking the latest updates and insights on China Natural Resources stock.
China Natural Resources Inc (CHNR) provides investors with comprehensive access to official company announcements and market-moving developments. This centralized resource aggregates all material disclosures from the Hong Kong-based investment holding company, spanning its wastewater treatment operations and mining exploration activities.
Key updates include quarterly financial results, strategic partnerships in environmental infrastructure, mineral resource assessments, and regulatory filings. Investors gain direct access to primary source documents including earnings releases, project commissioning notices, and corporate governance updates.
The archive maintains chronological organization of press releases detailing equipment deployments in wastewater management, mining license acquisitions, and operational expansions. Content is rigorously verified against original corporate disclosures to ensure accuracy and timeliness.
Bookmark this page for streamlined monitoring of CHNR's dual-segment developments in environmental technology and natural resource extraction. Regular updates provide critical insights into the company's operational footprint across China's industrial and mining sectors.
China Natural Resources (NASDAQ: CHNR) has signed a definitive agreement to acquire Williams Minerals, a company with a mining permit for a lithium mine in Zimbabwe. The acquisition includes a maximum consideration of
China Natural Resources Inc. (NASDAQ: CHNR) reported positive financial results for the six months ended June 30, 2022. Revenue grew to CNY16.07 million (US$2.40 million) from CNY8.22 million in 2021, driven by increased construction contracts. Gross profit margin surged to 45.43%, significantly up from 13.52% a year earlier. The company returned to profitability with a net income of CNY3.67 million (US$0.55 million), compared to a loss of CNY29.84 million in 2021. The firm maintains a healthy balance sheet with US$7.6 million in cash at June 30, 2022, supporting future growth initiatives.
On October 25, 2022, China Natural Resources, Inc. (NASDAQ: CHNR) was granted an additional 180-day extension by Nasdaq to comply with its minimum bid price requirement, now due by April 24, 2023. To meet this requirement, CHNR must maintain a closing bid price of at least $1.00 per share for ten consecutive trading days. The company operates primarily in wastewater treatment in China and explores mining rights for nonferrous metals.
China Natural Resources Inc. (NASDAQ: CHNR) reported its financial results for the year ending December 31, 2021. Revenue declined to approximately CNY18.74 million (US$2.95 million) from CNY42.50 million (US$6.69 million) in 2020, primarily due to the completion of a wastewater treatment project. The company faced a net loss of CNY54.97 million (US$8.65 million), a shift from a net profit of CNY22.92 million (US$3.61 million) in the previous year, attributed to fair value losses on investments. The company plans to enhance operations at the Moruogu Tong Mine and is evaluating new business opportunities.
On April 27, 2022, China Natural Resources, Inc. (NASDAQ: CHNR) received notification from Nasdaq regarding non-compliance with the minimum bid price requirement, as its shares traded below $1.00 for 30 consecutive business days. The company has until October 24, 2022, to regain compliance, with the opportunity for a 180-day extension if necessary. Despite this notification, trading of CHNR shares continues uninterrupted on Nasdaq. The company is involved in wastewater treatment and mining rights in China.
China Natural Resources, Inc. (NASDAQ: CHNR) plans to enhance exploration and capital spending at its Moruogu Tong Mine in Inner Mongolia in 2022, focusing on nickel and gold anomalies. The company aims to fund six new drilling holes, with an initial investment of CNY2.16 million. Chairman Wong Wah On Edward emphasized the urgency of exploration amid high commodity prices and escalating demand, particularly for electric vehicles and electronics. Additionally, the company is assessing other resource opportunities to maximize asset value for shareholders.
On March 14, 2022, China Natural Resources secured an extension of its exploration permit for the Moruogu Tong mine in Inner Mongolia, extending until 2026. The Company anticipates potential copper discovery which could enhance asset valuation. Due to escalating raw material costs and supply shortages, capital expenditures will increase to support exploration and pre-mining programs in 2022. Chairman Wong Wah On Edward highlighted the urgency for exploration amid global demand pressures, indicating that discovery and extraction of minerals will be pivotal for maximizing shareholder value.
China Natural Resources (NASDAQ: CHNR) reported its unaudited financial results for the first half of 2021, showing no sales compared to CNY6.87 million in 2020. The net loss was approximately CNY26.74 million, contrasting with a profit of CNY2.74 million from the same period last year, primarily due to a fair value loss on investments. The Company aims to diversify into healthcare and wastewater treatment sectors, having invested in Shanghai Onway. Cash balance stood at CNY32.54 million as of June 30, 2021, while net cash from financing activities was CNY34.90 million.
China Natural Resources, Inc. (NASDAQ: CHNR) has announced its acquisition of Precise Space-Time Technology Limited for approximately 104.1 million Chinese Yuan (US$16.1 million), representing a 20% discount based on independent valuation. The purchase includes 120 million shares of Feishang Anthracite Resources and three million restricted shares of CHNR. Precise Space-Time Technology holds a 51% stake in Shanghai Onway, a company engaged in rural wastewater treatment in China. This strategic move aims to enhance CHNR's sustainability efforts, aligning with its goals in mining and healthcare sectors while contributing to local environmental solutions.
China Natural Resources (NASDAQ: CHNR) reported its operational results for 2020, showcasing a significant recovery with earnings of CNY 0.90 per share, up from a loss of CNY 0.23 per share in 2019. The company faced challenges due to the COVID-19 pandemic, impacting its strategic diversification into healthcare. In January 2021, CHNR completed a private placement raising US$7.3 million, enhancing its balance sheet.
The firm acquired an 8.7% stake in Feishang Anthracite Resources, aiming to leverage growth opportunities in coal production. Leadership changes in healthcare signal a commitment to diversifying beyond natural resources.
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