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) 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.
China Natural Resources, Inc. (NASDAQ: CHNR) has appointed Dr. Peng Wenlie as Vice President, effective March 22, 2021. With over 20 years of experience in the pharmaceutical industry, Dr. Peng will focus on evaluating investment opportunities in healthcare and biomedicine. Chairman Wong Wah On Edward expressed enthusiasm for Dr. Peng’s addition, highlighting the potential to diversify the company’s portfolio in the Chinese healthcare market. The company is actively conducting due diligence to identify promising business opportunities beyond natural resources.
CHINA NATURAL RESOURCES, INC. (NASDAQ: CHNR) has successfully closed a registered direct offering totaling $7.3 million on January 22, 2021, issuing approximately 3,960,000 common shares at $1.85 per share. Additionally, in a concurrent private placement, warrants for 1,584,000 common shares at $2.35 each were issued, valid for 36 months. The proceeds will support general corporate purposes. The offering was facilitated by FT Global Capital, Inc.
China Natural Resources, Inc. (NASDAQ: CHNR) has entered into a securities purchase agreement for a registered direct placement of approximately $7.3 million of common shares at $1.85 per share. The issuance will involve 3,960,000 common shares and warrants for up to 1,584,000 additional shares at an exercise price of $2.35. Proceeds will be allocated for general working capital. This transaction is expected to close around January 22, 2021, pending customary conditions.
China Natural Resources, Inc. (NASDAQ: CHNR) announced the appointment of Zou Yu as Vice President, effective October 22, 2020. Zou brings over 10 years of experience in the healthcare sector, having previously served as the general manager of Feishang Enterprise Group's investment management center, where he managed projects worth approximately 800 million Chinese Yuan. His expertise includes mergers and acquisitions exceeding 3 billion Chinese Yuan. This leadership change aims to strengthen the company's exploration of new opportunities within the healthcare sector.
China Natural Resources, Inc. (NASDAQ: CHNR) announced its intention to explore investments in the healthcare sector in the People's Republic of China. This strategic move aims to capitalize on the growing healthcare market driven by factors such as an aging population and rising health awareness. The company plans to enhance its team with experienced personnel in mergers and acquisitions to navigate this new sector. Management believes these efforts could increase revenues and provide greater shareholder value in the long-term.
CHINA NATURAL RESOURCES, INC. (NASDAQ: CHNR) reported unaudited interim financial results for the six months ending June 30, 2020. Revenue increased significantly to CNY 6,867,000 from CNY 1,403,000 in the same period last year. The company's loss before income tax reached CNY 3,845,000, with an income tax benefit of CNY 6,586,000 resulting in a profit for the period of CNY 2,741,000. Additionally, the firm regained compliance with Nasdaq Listing Rules in September 2020, ensuring continued access to capital markets amid disruptions caused by COVID-19.
On September 2, 2020, China Natural Resources, Inc. (NASDAQ: CHNR) announced it regained compliance with Nasdaq's minimum market value requirement, having exceeded the $35 million threshold. This notification followed a March 24, 2020, letter from Nasdaq regarding its non-compliance. The Company’s Chairman expressed satisfaction over this achievement, highlighting its importance for maintaining access to capital markets and ensuring liquidity for shareholders. The Company is involved in mining rights acquisition and copper trading in the People's Republic of China.
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