China Natural Resources, Inc., through its subsidiaries, engages in the exploration and mining of metal properties in the People's Republic of China. It explores for lead, silver, and other nonferrous metals. The company holds interest in the Moruogu Tong mine that covers an area of 7.81 square kilometers located in Bayannaoer City, Inner Mongolia. It also offers equipment for rural wastewater treatment; and engineering, procurement, and construction services related to wastewater treatment. The company was incorporated in 1993 and is headquartered in Sheung Wan, Hong Kong. China Natural Resources, Inc. is a subsidiary of Feishang Group Limited.
CHINA NATURAL RESOURCES, INC. REPORTS FULL YEAR 2025 RESULTS
China Natural Resources reported a full-year 2025 net loss of $0.18 million (CNY 1.23 million), a slight improvement from the $0.32 million loss in 2024. The company generated no revenue, with administrative expenses dropping to $0.47 million due to reduced professional fees.
The company has minimal liquidity, holding only $68,000 in cash and equivalents against total assets of $35.3 million, largely comprised of non-current assets. Total equity stands at $12.3 million.
Strategically, the company signed a non-binding Letter of Intent on March 17, 2026, to acquire a subsidiary of principal shareholder Feishang Group that holds a 59.79% stake in HooRii Technology, a physical AI developer. This signals a pivot away from its dormant mining operations.
The previously announced $1.75 billion acquisition of Williams Minerals (a lithium mine in Zimbabwe) remains pending, with the company stating it is working to close the deal by December 2025, though the deadline has now passed.