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<SEC-DOCUMENT>0001116502-08-001593.txt : 20080930
<SEC-HEADER>0001116502-08-001593.hdr.sgml : 20080930
<ACCEPTANCE-DATETIME>20080930164052
ACCESSION NUMBER:		0001116502-08-001593
CONFORMED SUBMISSION TYPE:	SC 13G
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20080930
DATE AS OF CHANGE:		20080930
GROUP MEMBERS:		LEE YIP INVESTMENTS LTD.
GROUP MEMBERS:		TSE CHI KAI TILYPSE

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CHINA NATURAL RESOURCES INC
		CENTRAL INDEX KEY:			0000793628
		STANDARD INDUSTRIAL CLASSIFICATION:	GOLD & SILVER ORES [1040]
		IRS NUMBER:				000000000
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SC 13G
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-46397
		FILM NUMBER:		081097626

	BUSINESS ADDRESS:	
		STREET 1:		ROOM 2105 WEST TOWER SHUN TAK CENTRE
		STREET 2:		200 CONNAUGHT ROAD C
		CITY:			SHEUNG WAN
		STATE:			K3
		ZIP:			-
		BUSINESS PHONE:		01185228107205

	MAIL ADDRESS:	
		STREET 1:		ROOM 2105 WEST TOWER SHUN TAK CENTRE
		STREET 2:		200 CONNAUGHT ROAD C
		CITY:			SHEUNG WAN HONG KONG
		STATE:			K3
		ZIP:			-

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	CHINA RESOURCES DEVELOPMENT INC
		DATE OF NAME CHANGE:	19950104

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	MAGENTA CORP
		DATE OF NAME CHANGE:	19940217

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Lee Yip Investments Ltd.
		CENTRAL INDEX KEY:			0001446357
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			D8
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SC 13G

	BUSINESS ADDRESS:	
		STREET 1:		14/F, 81 HUNG TO ROAD
		STREET 2:		KWUN TONG
		CITY:			KOWLOON
		STATE:			K3
		ZIP:			00000
		BUSINESS PHONE:		852-9733-3136

	MAIL ADDRESS:	
		STREET 1:		14/F, 81 HUNG TO ROAD
		STREET 2:		KWUN TONG
		CITY:			KOWLOON
		STATE:			K3
		ZIP:			00000
</SEC-HEADER>
<DOCUMENT>
<TYPE>SC 13G
<SEQUENCE>1
<FILENAME>chinanaturalsc13g.htm
<DESCRIPTION>SCHEDULE
<TEXT>
<!doctype html public "-//IETF//DTD HTML//EN">
<HTML>
<HEAD>
<TITLE>Schedule 13G</TITLE>
<META NAME="author" CONTENT="Issuer Direct Corp.">
<META NAME="date" CONTENT="09/25/2008">
</HEAD>
<BODY style="line-height:12pt; font-family:Times New Roman; font-size:10pt; color:#000000">
<P style="margin:0px" align=center><B>UNITED STATES</B></P>
<P style="margin:0px" align=center><B>SECURITIES AND EXCHANGE COMMISSION</B></P>
<P style="margin:0px" align=center><B>Washington, D.C. 20549</B></P>
<P style="margin:0px" align=justify><BR></P>
<P style="margin:0px" align=center><B>SCHEDULE 13G</B></P>
<P style="margin:0px" align=center><BR></P>
<P style="margin:0px" align=center><B>Under the Securities Exchange Act of 1934</B></P>
<P style="margin:0px" align=center>(Amendment No. )*</P>
<P style="margin:0px" align=justify><BR></P>
<P style="line-height:normal; margin:0px; font-size:16pt" align=center><B>CHINA NATURAL RESOURCES, INC.</B><FONT style="font-size:9pt"><I> </I></FONT></P>
<P style="line-height:11pt; margin:0px; font-size:9pt" align=center><I>(Name of Issuer)</I></P>
<P style="margin:0px" align=center><BR></P>
<P style="margin:0px" align=center><B>Common Shares, no par value</B></P>
<P style="line-height:11pt; margin:0px; font-size:9pt" align=center><I>(Title of Class of Securities)</I></P>
<P style="margin:0px"><BR></P>
<P style="margin:0px" align=center><B>G211OU 10 9</B></P>
<P style="line-height:11pt; margin:0px; font-size:9pt" align=center><I>(CUSIP Number)</I></P>
<P style="margin:0px" align=center><BR></P>
<P style="margin:0px" align=center><B>June 24, 2008</B></P>
<P style="line-height:11pt; margin:0px; font-size:9pt" align=center><I>(Date of Event which Requires Filing of this Statement)</I></P>
<P style="margin:0px" align=justify><BR></P>
<P style="margin:0px">Check the appropriate box to designate the rule pursuant to which this Schedule is filed:</P>
<P style="margin:0px"><BR></P>
<TABLE style="font-size:10pt" cellspacing=0><TR height=0 style="font-size:0"><TD width=19.6></TD><TD width=92.733></TD></TR>
<TR><TD style="border:1px solid #000000" width=19.6><P>&nbsp;</P></TD><TD width=92.733><P style="margin:0px">&nbsp;Rule 13d-1(b)</P>
</TD></TR>
<TR><TD style="border-bottom:1px solid #000000" width=19.6><P>&nbsp;</P></TD><TD width=92.733><P>&nbsp;</P></TD></TR>
<TR><TD style="border-left:1px solid #000000; border-right:1px solid #000000; border-bottom:1px solid #000000" width=19.6><P style="margin:0px; font-family:Wingdings" align=center>&#252;</P>
</TD><TD width=92.733><P style="margin:0px">&nbsp;Rule 13d-1(c)</P>
</TD></TR>
<TR><TD style="border-bottom:1px solid #000000" width=19.6><P>&nbsp;</P></TD><TD width=92.733><P>&nbsp;</P></TD></TR>
<TR><TD style="border-left:1px solid #000000; border-right:1px solid #000000; border-bottom:1px solid #000000" width=19.6><P>&nbsp;</P></TD><TD width=92.733><P style="margin:0px">&nbsp;Rule 13d-1(d)</P>
</TD></TR>
</TABLE>
<P style="margin:0px"><BR></P>
<P style="margin-top:5.533px; margin-bottom:5.533px">*The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. </P>
<P style="margin:0px">The information required in the remainder of this cover page shall not be deemed to be &quot;filed&quot; for the purpose of Section 18 of the Securities Exchange Act of 1934 (&quot;Act&quot;) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).</P>
<P style="margin:0px"><B>&nbsp;</B></P>
<P style="margin:0px"><BR>
<BR></P>
<P style="margin:0px" align=justify><BR></P>
<P style="margin:0px"><BR></P>
<HR style="margin-top:9.6px; margin-bottom:9.6px" noshade size=1.333>
<TABLE style="font-size:10pt; page-break-before:always" cellspacing=0 align=center><TR height=0 style="font-size:0"><TD width=212.4></TD><TD width=212.467></TD><TD width=212.467></TD></TR>
<TR><TD valign=top width=212.4><P style="margin:0px">CUSIP No.&nbsp; <B>G211OU 10 9</B></P>
</TD><TD valign=top width=212.467><P style="line-height:18pt; margin:0px; font-size:16pt" align=center><B>13G</B></P>
</TD><TD valign=top width=212.467><P style="margin:0px" align=right>Page 2 of 7 Pages</P>
</TD></TR>
</TABLE>
<P style="margin:0px"><BR></P>
<P style="margin:0px"><BR></P>
<P style="margin:0px"><BR></P>
<TABLE style="font-size:10pt" cellspacing=0 align=center><TR height=0 style="font-size:0"><TD width=43.267></TD><TD width=69.533></TD><TD width=36.867></TD><TD width=437.4></TD><TD width=15.867></TD><TD width=22.133></TD></TR>
<TR><TD style="border-left:1px solid #000000; border-top:1px solid #000000; border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=43.267><P style="margin:0px" align=center>1</P>
<P style="margin:0px" align=center>&nbsp;</P>
<P style="margin:0px" align=center>&nbsp;</P>
<P style="margin:0px" align=center>&nbsp;</P>
</TD><TD style="border-top:1px solid #000000; border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=581.8 colspan=5><P style="margin:0px; padding-left:5.267px">NAME OF REPORTING PERSONS</P>
<P style="margin:0px; padding-left:5.267px">I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)</P>
<P style="margin:0px"><BR></P>
<P style="margin:0px">Lee Yip Investments Ltd.</P>
</TD></TR>
<TR><TD style="border-left:1px solid #000000; border-right:1px solid #000000" valign=top width=43.267><P style="margin:0px" align=center>2</P>
</TD><TD style="border-right:1px solid #000000" valign=top width=581.8 colspan=5><P style="margin:0px; padding-left:5.267px">CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP</P>
</TD></TR>
<TR><TD style="border-left:1px solid #000000; border-right:1px solid #000000" valign=top width=43.267><P>&nbsp;</P></TD><TD style="border-right:1px solid #000000" valign=top width=543.8 colspan=3><P style="margin:0px" align=right>(a)</P>
</TD><TD style="border-top:1px solid #000000; border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=15.867><P style="margin:0px; font-family:Wingdings" align=center>&#252;</P>
</TD><TD style="border-right:1px solid #000000" valign=top width=22.133><P>&nbsp;</P></TD></TR>
<TR><TD style="border-left:1px solid #000000; border-right:1px solid #000000" valign=top width=43.267><P>&nbsp;</P></TD><TD style="border-right:1px solid #000000" valign=top width=543.8 colspan=3><P style="margin:0px" align=right>(b)</P>
</TD><TD style="border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=15.867><P>&nbsp;</P></TD><TD style="border-right:1px solid #000000" valign=top width=22.133><P>&nbsp;</P></TD></TR>
<TR><TD style="border-left:1px solid #000000; border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=43.267><P>&nbsp;</P></TD><TD style="border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=581.8 colspan=5><P>&nbsp;</P></TD></TR>
<TR><TD style="border-left:1px solid #000000; border-right:1px solid #000000" valign=top width=43.267><P style="margin:0px" align=center>3</P>
<P style="margin:0px" align=center>&nbsp;</P>
<P style="margin:0px" align=center>&nbsp;</P>
</TD><TD style="border-right:1px solid #000000" valign=top width=581.8 colspan=5><P style="margin:0px; padding-left:5.267px">SEC USE ONLY</P>
<P style="margin:0px"><BR></P>
</TD></TR>
<TR><TD style="border-left:1px solid #000000; border-top:1px solid #000000; border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=43.267><P style="margin:0px" align=center>4</P>
<P style="margin:0px" align=center>&nbsp;</P>
<P style="margin:0px" align=center>&nbsp;</P>
</TD><TD style="border-top:1px solid #000000; border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=581.8 colspan=5><P style="margin:0px; padding-left:5.267px">CITIZENSHIP OR PLACE OF ORGANIZATION</P>
<P style="margin:0px"><BR></P>
<P style="margin:0px">British Virgin Islands</P>
</TD></TR>
<TR><TD style="border-left:1px solid #000000" width=112.8 colspan=2 rowspan=4><P style="margin:0px" align=center>&nbsp;</P>
<P style="margin:0px" align=center>&nbsp;</P>
<P style="margin:0px" align=center><B>NUMBER&nbsp;OF</B></P>
<P style="margin:0px" align=center><B>SHARES</B></P>
<P style="margin:0px" align=center><B>BENEFICIALLY</B></P>
<P style="margin:0px" align=center><B>OWNED&nbsp;BY</B></P>
<P style="margin:0px" align=center><B>EACH</B></P>
<P style="margin:0px" align=center><B>REPORTING</B></P>
<P style="margin:0px" align=center><B>PERSON</B></P>
<P style="margin:0px" align=center><B>WITH</B></P>
<P style="margin:0px" align=center>&nbsp;</P>
<P style="margin:0px" align=center>&nbsp;</P>
</TD><TD style="border-left:1px solid #000000" valign=top width=36.867><P style="margin:0px" align=center>5</P>
</TD><TD style="border-left:1px solid #000000; border-right:1px solid #000000" valign=top width=475.4 colspan=3><P style="margin:0px; padding-left:2.867px">SOLE VOTING POWER</P>
<P style="margin:0px"><BR></P>
<P style="margin:0px">-0-</P>
</TD></TR>
<TR><TD style="border-left:1px solid #000000; border-top:1px solid #000000; border-bottom:1px solid #000000" valign=top width=36.867><P style="margin:0px" align=center>6</P>
</TD><TD style="border-left:1px solid #000000; border-top:1px solid #000000; border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=475.4 colspan=3><P style="margin:0px; padding-left:2.867px">SHARED VOTING POWER</P>
<P style="margin:0px"><BR></P>
<P style="margin:0px; padding-left:2.867px">1,050,000</P>
</TD></TR>
<TR><TD style="border-left:1px solid #000000; border-bottom:1px solid #000000" valign=top width=36.867><P style="margin:0px" align=center>7</P>
</TD><TD style="border-left:1px solid #000000; border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=475.4 colspan=3><P style="margin:0px; padding-left:2.867px">SOLE DISPOSITIVE POWER</P>
<P style="margin:0px"><BR></P>
<P style="margin:0px">-0-</P>
</TD></TR>
<TR><TD style="border-left:1px solid #000000; border-bottom:1px solid #000000" valign=top width=36.867><P style="margin:0px" align=center>8</P>
</TD><TD style="border-left:1px solid #000000; border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=475.4 colspan=3><P style="margin:0px; padding-left:2.867px">SHARED DISPOSITIVE POWER</P>
<P style="margin:0px"><BR></P>
<P style="margin:0px; padding-left:2.867px">1,050,000</P>
</TD></TR>
<TR><TD style="border-left:1px solid #000000; border-top:1px solid #000000; border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=43.267><P style="margin:0px" align=center>9</P>
<P style="margin:0px" align=center>&nbsp;</P>
<P style="margin:0px" align=center>&nbsp;</P>
</TD><TD style="border-top:1px solid #000000; border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=581.8 colspan=5><P style="margin:0px; padding-left:5.267px">AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON</P>
<P style="margin:0px"><BR></P>
<P style="margin:0px; padding-left:5.267px">1,050,000</P>
</TD></TR>
<TR><TD style="border-left:1px solid #000000; border-right:1px solid #000000" valign=top width=43.267><P style="margin:0px" align=center>10</P>
</TD><TD style="border-right:1px solid #000000" valign=top width=581.8 colspan=5><P style="margin:0px; padding-left:5.267px">CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES</P>
</TD></TR>
<TR><TD style="border-left:1px solid #000000; border-right:1px solid #000000" valign=top width=43.267><P style="margin:0px" align=center>&nbsp;</P>
</TD><TD style="border-right:1px solid #000000" valign=top width=543.8 colspan=3><P>&nbsp;</P></TD><TD style="border-top:1px solid #000000; border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=15.867><P>&nbsp;</P></TD><TD style="border-right:1px solid #000000" valign=top width=22.133><P>&nbsp;</P></TD></TR>
<TR><TD style="border-left:1px solid #000000; border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=43.267><P>&nbsp;</P></TD><TD style="border-bottom:1px solid #000000" valign=top width=543.8 colspan=3><P>&nbsp;</P></TD><TD style="border-bottom:1px solid #000000" valign=top width=15.867><P>&nbsp;</P></TD><TD style="border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=22.133><P>&nbsp;</P></TD></TR>
<TR><TD style="border-left:1px solid #000000; border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=43.267><P style="margin:0px" align=center>11</P>
<P style="margin:0px" align=center>&nbsp;</P>
<P style="margin:0px" align=center>&nbsp;</P>
</TD><TD style="border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=581.8 colspan=5><P style="margin:0px; padding-left:5.267px">PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)</P>
<P style="margin:0px"><BR></P>
<P style="margin:0px; padding-left:5.267px">5.3%</P>
</TD></TR>
<TR><TD style="border-left:1px solid #000000; border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=43.267><P style="margin:0px" align=center>12</P>
<P style="margin:0px" align=center>&nbsp;</P>
<P style="margin:0px" align=center>&nbsp;</P>
</TD><TD style="border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=581.8 colspan=5><P style="margin:0px; padding-left:5.267px">TYPE OF REPORTING PERSON</P>
<P style="margin:0px"><BR></P>
<P style="margin:0px; padding-left:5.267px">CO</P>
</TD></TR>
</TABLE>
<P style="margin:0px"><BR></P>
<P style="margin:0px"><BR>
<BR></P>
<P style="margin:0px" align=justify><BR></P>
<P style="margin:0px"><BR></P>
<HR style="margin-top:9.6px; margin-bottom:9.6px" noshade size=1.333>
<TABLE style="font-size:10pt; page-break-before:always" cellspacing=0 align=center><TR height=0 style="font-size:0"><TD width=212.4></TD><TD width=212.467></TD><TD width=212.467></TD></TR>
<TR><TD valign=top width=212.4><P style="margin:0px">CUSIP No.&nbsp; <B>G211OU 10 9</B></P>
</TD><TD valign=top width=212.467><P style="line-height:18pt; margin:0px; font-size:16pt" align=center><B>13G</B></P>
</TD><TD valign=top width=212.467><P style="margin:0px" align=right>Page 3 of 7 Pages</P>
</TD></TR>
</TABLE>
<P style="margin:0px"><BR></P>
<P style="margin:0px"><BR></P>
<P style="margin:0px"><BR></P>
<TABLE style="font-size:10pt" cellspacing=0 align=center><TR height=0 style="font-size:0"><TD width=43.267></TD><TD width=69.533></TD><TD width=36.867></TD><TD width=437.4></TD><TD width=15.867></TD><TD width=22.133></TD></TR>
<TR><TD style="border-left:1px solid #000000; border-top:1px solid #000000; border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=43.267><P style="margin:0px" align=center>1</P>
<P style="margin:0px" align=center>&nbsp;</P>
<P style="margin:0px" align=center>&nbsp;</P>
<P style="margin:0px" align=center>&nbsp;</P>
</TD><TD style="border-top:1px solid #000000; border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=581.8 colspan=5><P style="margin:0px; padding-left:5.267px">NAME OF REPORTING PERSONS</P>
<P style="margin:0px; padding-left:5.267px">I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)</P>
<P style="margin:0px"><BR></P>
<P style="margin:0px">Tse Chi Kai Tilypse</P>
</TD></TR>
<TR><TD style="border-left:1px solid #000000; border-right:1px solid #000000" valign=top width=43.267><P style="margin:0px" align=center>2</P>
</TD><TD style="border-right:1px solid #000000" valign=top width=581.8 colspan=5><P style="margin:0px; padding-left:5.267px">CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP</P>
</TD></TR>
<TR><TD style="border-left:1px solid #000000; border-right:1px solid #000000" valign=top width=43.267><P>&nbsp;</P></TD><TD style="border-right:1px solid #000000" valign=top width=543.8 colspan=3><P style="margin:0px" align=right>(a)</P>
</TD><TD style="border-top:1px solid #000000; border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=15.867><P style="margin:0px; font-family:Wingdings" align=center>&#252;</P>
</TD><TD style="border-right:1px solid #000000" valign=top width=22.133><P>&nbsp;</P></TD></TR>
<TR><TD style="border-left:1px solid #000000; border-right:1px solid #000000" valign=top width=43.267><P>&nbsp;</P></TD><TD style="border-right:1px solid #000000" valign=top width=543.8 colspan=3><P style="margin:0px" align=right>(b)</P>
</TD><TD style="border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=15.867><P>&nbsp;</P></TD><TD style="border-right:1px solid #000000" valign=top width=22.133><P>&nbsp;</P></TD></TR>
<TR><TD style="border-left:1px solid #000000; border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=43.267><P>&nbsp;</P></TD><TD style="border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=581.8 colspan=5><P>&nbsp;</P></TD></TR>
<TR><TD style="border-left:1px solid #000000; border-right:1px solid #000000" valign=top width=43.267><P style="margin:0px" align=center>3</P>
<P style="margin:0px" align=center>&nbsp;</P>
<P style="margin:0px" align=center>&nbsp;</P>
</TD><TD style="border-right:1px solid #000000" valign=top width=581.8 colspan=5><P style="margin:0px; padding-left:5.267px">SEC USE ONLY</P>
<P style="margin:0px"><BR></P>
</TD></TR>
<TR><TD style="border-left:1px solid #000000; border-top:1px solid #000000; border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=43.267><P style="margin:0px" align=center>4</P>
<P style="margin:0px" align=center>&nbsp;</P>
<P style="margin:0px" align=center>&nbsp;</P>
</TD><TD style="border-top:1px solid #000000; border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=581.8 colspan=5><P style="margin:0px; padding-left:5.267px">CITIZENSHIP OR PLACE OF ORGANIZATION</P>
<P style="margin:0px"><BR></P>
<P style="margin:0px">Hong Kong Special Administrative Region</P>
</TD></TR>
<TR><TD style="border-left:1px solid #000000" width=112.8 colspan=2 rowspan=4><P style="margin:0px" align=center>&nbsp;</P>
<P style="margin:0px" align=center>&nbsp;</P>
<P style="margin:0px" align=center><B>NUMBER&nbsp;OF</B></P>
<P style="margin:0px" align=center><B>SHARES</B></P>
<P style="margin:0px" align=center><B>BENEFICIALLY</B></P>
<P style="margin:0px" align=center><B>OWNED&nbsp;BY</B></P>
<P style="margin:0px" align=center><B>EACH</B></P>
<P style="margin:0px" align=center><B>REPORTING</B></P>
<P style="margin:0px" align=center><B>PERSON</B></P>
<P style="margin:0px" align=center><B>WITH</B></P>
<P style="margin:0px" align=center>&nbsp;</P>
<P style="margin:0px" align=center>&nbsp;</P>
</TD><TD style="border-left:1px solid #000000" valign=top width=36.867><P style="margin:0px" align=center>5</P>
</TD><TD style="border-left:1px solid #000000; border-right:1px solid #000000" valign=top width=475.4 colspan=3><P style="margin:0px; padding-left:2.867px">SOLE VOTING POWER</P>
<P style="margin:0px"><BR></P>
<P style="margin:0px">-0-</P>
</TD></TR>
<TR><TD style="border-left:1px solid #000000; border-top:1px solid #000000; border-bottom:1px solid #000000" valign=top width=36.867><P style="margin:0px" align=center>6</P>
</TD><TD style="border-left:1px solid #000000; border-top:1px solid #000000; border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=475.4 colspan=3><P style="margin:0px; padding-left:2.867px">SHARED VOTING POWER</P>
<P style="margin:0px"><BR></P>
<P style="margin:0px; padding-left:2.867px">1,050,000</P>
</TD></TR>
<TR><TD style="border-left:1px solid #000000; border-bottom:1px solid #000000" valign=top width=36.867><P style="margin:0px" align=center>7</P>
</TD><TD style="border-left:1px solid #000000; border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=475.4 colspan=3><P style="margin:0px; padding-left:2.867px">SOLE DISPOSITIVE POWER</P>
<P style="margin:0px"><BR></P>
<P style="margin:0px">-0-</P>
</TD></TR>
<TR><TD style="border-left:1px solid #000000; border-bottom:1px solid #000000" valign=top width=36.867><P style="margin:0px" align=center>8</P>
</TD><TD style="border-left:1px solid #000000; border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=475.4 colspan=3><P style="margin:0px; padding-left:2.867px">SHARED DISPOSITIVE POWER</P>
<P style="margin:0px"><BR></P>
<P style="margin:0px; padding-left:2.867px">1,050,000</P>
</TD></TR>
<TR><TD style="border-left:1px solid #000000; border-top:1px solid #000000; border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=43.267><P style="margin:0px" align=center>9</P>
<P style="margin:0px" align=center>&nbsp;</P>
<P style="margin:0px" align=center>&nbsp;</P>
</TD><TD style="border-top:1px solid #000000; border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=581.8 colspan=5><P style="margin:0px; padding-left:5.267px">AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON</P>
<P style="margin:0px"><BR></P>
<P style="margin:0px; padding-left:5.267px">1,050,000</P>
</TD></TR>
<TR><TD style="border-left:1px solid #000000; border-right:1px solid #000000" valign=top width=43.267><P style="margin:0px" align=center>10</P>
</TD><TD style="border-right:1px solid #000000" valign=top width=581.8 colspan=5><P style="margin:0px; padding-left:5.267px">CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES</P>
</TD></TR>
<TR><TD style="border-left:1px solid #000000; border-right:1px solid #000000" valign=top width=43.267><P style="margin:0px" align=center>&nbsp;</P>
</TD><TD style="border-right:1px solid #000000" valign=top width=543.8 colspan=3><P>&nbsp;</P></TD><TD style="border-top:1px solid #000000; border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=15.867><P>&nbsp;</P></TD><TD style="border-right:1px solid #000000" valign=top width=22.133><P>&nbsp;</P></TD></TR>
<TR><TD style="border-left:1px solid #000000; border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=43.267><P>&nbsp;</P></TD><TD style="border-bottom:1px solid #000000" valign=top width=543.8 colspan=3><P>&nbsp;</P></TD><TD style="border-bottom:1px solid #000000" valign=top width=15.867><P>&nbsp;</P></TD><TD style="border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=22.133><P>&nbsp;</P></TD></TR>
<TR><TD style="border-left:1px solid #000000; border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=43.267><P style="margin:0px" align=center>11</P>
<P style="margin:0px" align=center>&nbsp;</P>
<P style="margin:0px" align=center>&nbsp;</P>
</TD><TD style="border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=581.8 colspan=5><P style="margin:0px; padding-left:5.267px">PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)</P>
<P style="margin:0px"><BR></P>
<P style="margin:0px; padding-left:5.267px">5.3%</P>
</TD></TR>
<TR><TD style="border-left:1px solid #000000; border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=43.267><P style="margin:0px" align=center>12</P>
<P style="margin:0px" align=center>&nbsp;</P>
<P style="margin:0px" align=center>&nbsp;</P>
</TD><TD style="border-right:1px solid #000000; border-bottom:1px solid #000000" valign=top width=581.8 colspan=5><P style="margin:0px; padding-left:5.267px">TYPE OF REPORTING PERSON</P>
<P style="margin:0px"><BR></P>
<P style="margin:0px; padding-left:5.267px">IN</P>
</TD></TR>
</TABLE>
<P style="margin:0px"><BR></P>
<P style="margin:0px"><BR></P>
<P style="margin:0px"><BR></P>
<P style="margin:0px"><BR>
<BR></P>
<P style="margin:0px" align=justify><BR></P>
<P style="margin:0px"><BR></P>
<HR style="margin-top:9.6px; margin-bottom:9.6px" noshade size=1.333>
<TABLE style="font-size:10pt; page-break-before:always" cellspacing=0 align=center><TR height=0 style="font-size:0"><TD width=212.8></TD><TD width=220.4></TD><TD width=214></TD></TR>
<TR><TD valign=top width=212.8><P style="margin:0px">CUSIP No.&nbsp; <B>G211OU 10 9</B></P>
</TD><TD valign=top width=220.4><P style="line-height:18pt; margin:0px; font-size:16pt" align=center><B>13G</B></P>
</TD><TD valign=top width=214><P style="margin:0px" align=right>Page 4 of 7</P>
</TD></TR>
</TABLE>
<P style="margin:0px"><BR></P>
<P style="margin:0px"><BR></P>
<P style="margin:0px"><BR>
<BR>
<BR></P>
<TABLE style="font-size:10pt" cellspacing=0 align=center><TR height=0 style="font-size:0"><TD width=650.4></TD></TR>
<TR><TD valign=top width=650.4><P style="margin-top:0px; margin-bottom:-16px">ITEM 1.</P>
<P style="margin-top:0px; margin-bottom:-16px; text-indent:48px">(a)</P>
<P style="margin:0px; text-indent:96px"><U>NAME OF ISSUER</U>:</P>
</TD></TR>
<TR><TD valign=top width=650.4><P>&nbsp;</P></TD></TR>
<TR><TD valign=top width=650.4><P style="margin:0px; padding-left:96px">China Natural Resources, Inc.</P>
</TD></TR>
<TR><TD valign=top width=650.4><P>&nbsp;</P></TD></TR>
<TR><TD valign=top width=650.4><P style="margin-top:0px; margin-bottom:-16px">ITEM 1.</P>
<P style="margin-top:0px; margin-bottom:-16px; text-indent:48px">(b)</P>
<P style="margin:0px; text-indent:96px"><U>ADDRESS OF ISSUER&#146;S PRINCIPAL EXECUTIVE OFFICES</U>:</P>
</TD></TR>
<TR><TD valign=top width=650.4><P>&nbsp;</P></TD></TR>
<TR><TD valign=top width=650.4><P style="margin:0px; padding-left:96px">Room 2205, 22/F, West Tower, Shun Tak Centre, 168-200 Connaught Road Central, Sheung Wan, Hong Kong </P>
</TD></TR>
<TR><TD valign=top width=650.4><P>&nbsp;</P></TD></TR>
<TR><TD valign=top width=650.4><P style="margin-top:0px; margin-bottom:-16px">ITEM 2.</P>
<P style="margin-top:0px; margin-bottom:-16px; text-indent:48px">(a)</P>
<P style="margin:0px; text-indent:96px"><U>NAME OF PERSON FILING</U>:</P>
</TD></TR>
<TR><TD valign=top width=650.4><P>&nbsp;</P></TD></TR>
<TR><TD valign=top width=650.4><P style="margin-top:0px; margin-bottom:-16px; padding-left:144px; text-indent:-48px">(i)</P>
<P style="margin:0px; padding-left:144px">Lee Yip Investments Ltd.</P>
</TD></TR>
<TR><TD valign=top width=650.4><P style="margin-top:0px; margin-bottom:-16px; padding-left:96px">(ii)</P>
<P style="margin:0px; padding-left:96px; text-indent:48px">Tse Chi Kai Tilypse</P>
</TD></TR>
<TR><TD valign=top width=650.4><P>&nbsp;</P></TD></TR>
<TR><TD valign=top width=650.4><P style="margin-top:0px; margin-bottom:-16px">ITEM 2.</P>
<P style="margin-top:0px; margin-bottom:-16px; text-indent:48px">(b)</P>
<P style="margin:0px; text-indent:96px"><U>ADDRESS OF PRINCIPAL BUSINESS OFFICE, OR IF NONE, RESIDENCE</U>:</P>
</TD></TR>
<TR><TD valign=top width=650.4><P>&nbsp;</P></TD></TR>
<TR><TD valign=top width=650.4><P style="margin-top:0px; margin-bottom:-16px; padding-left:144px; text-indent:-48px">(i)</P>
<P style="margin:0px; padding-left:144px">14/F., 81 Hung To Road, Kwun Tong, Kowloon, Hong Kong</P>
</TD></TR>
<TR><TD valign=top width=650.4><P style="margin-top:0px; margin-bottom:-16px; padding-left:96px">(ii)</P>
<P style="margin:0px; padding-left:96px; text-indent:48px">14/F., 81 Hung To Road, Kwun Tong, Kowloon, Hong Kong</P>
</TD></TR>
<TR><TD valign=top width=650.4><P>&nbsp;</P></TD></TR>
<TR><TD valign=top width=650.4><P style="margin-top:0px; margin-bottom:-16px; padding-left:48px; text-indent:-48px">ITEM 2.</P>
<P style="margin-top:0px; margin-bottom:-16px; padding-left:48px">(c)</P>
<P style="margin:0px; padding-left:48px; text-indent:48px"><U>CITIZENSHIP/PLACE OF ORGANIZATION</U>:</P>
</TD></TR>
<TR><TD valign=top width=650.4><P>&nbsp;</P></TD></TR>
<TR><TD valign=top width=650.4><P style="margin-top:0px; margin-bottom:-16px; padding-left:144px; text-indent:-48px">(i)</P>
<P style="margin:0px; padding-left:144px">British Virgin Islands</P>
</TD></TR>
<TR><TD valign=top width=650.4><P style="margin-top:0px; margin-bottom:-16px; padding-left:96px">(ii)</P>
<P style="margin:0px; padding-left:96px; text-indent:48px">Hong Kong Special Administrative Region</P>
</TD></TR>
<TR><TD valign=top width=650.4><P>&nbsp;</P></TD></TR>
<TR><TD valign=top width=650.4><P style="margin-top:0px; margin-bottom:-16px">ITEM 2.</P>
<P style="margin-top:0px; margin-bottom:-16px; text-indent:48px">(d)</P>
<P style="margin:0px; text-indent:96px"><U>TITLE OF CLASS OF SECURITIES</U>:</P>
</TD></TR>
<TR><TD valign=top width=650.4><P>&nbsp;</P></TD></TR>
<TR><TD valign=top width=650.4><P style="margin:0px; padding-left:96px">Common Shares, no par value</P>
</TD></TR>
<TR><TD valign=top width=650.4><P>&nbsp;</P></TD></TR>
<TR><TD valign=top width=650.4><P style="margin-top:0px; margin-bottom:-16px">ITEM 2.</P>
<P style="margin-top:0px; margin-bottom:-16px; text-indent:48px">(e)</P>
<P style="margin:0px; text-indent:96px"><U>CUSIP NUMBER</U>:</P>
</TD></TR>
<TR><TD valign=top width=650.4><P>&nbsp;</P></TD></TR>
<TR><TD valign=top width=650.4><P style="margin:0px; padding-left:96px">G211OU 10 9</P>
</TD></TR>
<TR><TD valign=top width=650.4><P>&nbsp;</P></TD></TR>
<TR><TD valign=top width=650.4><P style="margin-top:0px; margin-bottom:-16px; padding-left:96px; text-indent:-96px">ITEM 3.</P>
<P style="margin:0px; padding-left:96px; text-indent:-1.533px"><U>IF THIS STATEMENT IS FILED PURSUANT TO RULES 13d-1(b) OR 13d-2(b) OR (c), CHECK WHETHER THE FILING PERSON IS A</U>:</P>
</TD></TR>
<TR><TD valign=top width=650.4><P>&nbsp;</P></TD></TR>
<TR><TD valign=top width=650.4><P style="margin-top:0px; margin-bottom:-16px; text-indent:48px">(a)</P>
<P style="margin-top:0px; margin-bottom:-16px; text-indent:96px; font-family:Wingdings 2">&#163;</P>
<P style="margin:0px; text-indent:144px">Broker or dealer registered under Section 15 of the Act.</P>
</TD></TR>
<TR><TD valign=top width=650.4><P style="margin-top:0px; margin-bottom:-16px; text-indent:48px">(b)</P>
<P style="margin-top:0px; margin-bottom:-16px; text-indent:96px; font-family:Wingdings 2">&#163;</P>
<P style="margin:0px; text-indent:144px">Bank as defined in Section 3(a)(6) of the Act.</P>
</TD></TR>
<TR><TD valign=top width=650.4><P style="margin-top:0px; margin-bottom:-16px; text-indent:48px">(c)</P>
<P style="margin-top:0px; margin-bottom:-16px; text-indent:96px; font-family:Wingdings 2">&#163;</P>
<P style="margin:0px; text-indent:144px">Insurance Company as defined in Section 3(a)(19) of the Act.</P>
</TD></TR>
<TR><TD valign=top width=650.4><P style="margin-top:0px; margin-bottom:-16px; text-indent:48px">(d)</P>
<P style="margin-top:0px; margin-bottom:-16px; text-indent:96px; font-family:Wingdings 2">&#163;</P>
<P style="margin:0px; text-indent:144px">Investment company registered under Section 8 of the Investment Company Act of 1940.</P>
</TD></TR>
<TR><TD valign=top width=650.4><P style="margin-top:0px; margin-bottom:-16px; text-indent:48px">(e)</P>
<P style="margin-top:0px; margin-bottom:-16px; text-indent:96px; font-family:Wingdings 2">&#163;</P>
<P style="margin:0px; text-indent:144px">An investment advisor in accordance with Rule 13d-1(b)(1)(ii)(E).</P>
</TD></TR>
<TR><TD valign=top width=650.4><P style="margin-top:0px; margin-bottom:-16px; text-indent:48px">(f)</P>
<P style="margin-top:0px; margin-bottom:-16px; text-indent:96px; font-family:Wingdings 2">&#163;</P>
<P style="margin:0px; text-indent:144px">An employee benefit plan or endowment in accordance with Rule 13d-1(b)(1)(ii)(F).</P>
</TD></TR>
<TR><TD valign=top width=650.4><P style="margin-top:0px; margin-bottom:-16px; text-indent:48px">(g)</P>
<P style="margin-top:0px; margin-bottom:-16px; text-indent:96px; font-family:Wingdings 2">&#163;</P>
<P style="margin:0px; text-indent:144px">A parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G).</P>
</TD></TR>
<TR><TD valign=top width=650.4><P style="margin-top:0px; margin-bottom:-16px; padding-left:144px; text-indent:-96px">(h)</P>
<P style="margin-top:0px; margin-bottom:-16px; padding-left:144px; text-indent:-48px; font-family:Wingdings 2">&#163;</P>
<P style="margin:0px; padding-left:144px">A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813).</P>
</TD></TR>
<TR><TD valign=top width=650.4><P style="margin-top:0px; margin-bottom:-16px; padding-left:144px; text-indent:-96px">(i)</P>
<P style="margin-top:0px; margin-bottom:-16px; padding-left:144px; text-indent:-48px; font-family:Wingdings 2">&#163;</P>
<P style="margin:0px; padding-left:144px">A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act of 1940.</P>
</TD></TR>
<TR><TD valign=top width=650.4><P style="margin-top:0px; margin-bottom:-16px; text-indent:48px">(j)</P>
<P style="margin-top:0px; margin-bottom:-16px; text-indent:96px; font-family:Wingdings 2">&#163;</P>
<P style="margin:0px; text-indent:144px">Group, in accordance with Rule 13d-1(b)(1)(ii)(J).</P>
</TD></TR>
<TR><TD valign=top width=650.4><P>&nbsp;</P></TD></TR>
<TR><TD valign=top width=650.4><P style="margin-top:0px; margin-bottom:-16px">ITEM 4.</P>
<P style="margin:0px; text-indent:96.8px"><U>OWNERSHIP</U>:</P>
</TD></TR>
<TR><TD valign=top width=650.4><P>&nbsp;</P></TD></TR>
<TR><TD valign=top width=650.4><P style="margin-top:0px; margin-bottom:-16px; padding-left:96px; text-indent:-48px">(a)</P>
<P style="margin-top:0px; margin-bottom:-16px; padding-left:96px">Amount Beneficially Owned:</P>
<P style="margin:0px; padding-left:96px; text-indent:192px">1,050,000</P>
</TD></TR>
<TR><TD valign=top width=650.4><P>&nbsp;</P></TD></TR>
<TR><TD valign=top width=650.4><P style="margin-top:0px; margin-bottom:-16px; padding-left:96px; text-indent:-48px">(b)</P>
<P style="margin-top:0px; margin-bottom:-16px; padding-left:96px">Percent of Class:</P>
<P style="margin:0px; padding-left:96px; text-indent:144px">5.3%</P>
</TD></TR>
<TR><TD valign=top width=650.4><P>&nbsp;</P></TD></TR>
<TR><TD valign=top width=650.4><P style="margin-top:0px; margin-bottom:-16px; padding-left:96px; text-indent:-48px">(c)</P>
<P style="margin:0px; padding-left:96px">Number of shares as to which such person has:</P>
</TD></TR>
</TABLE>
<P style="margin:0px"><BR></P>
<P style="margin:0px"><BR>
<BR></P>
<P style="margin:0px" align=justify><BR></P>
<P style="margin:0px"><BR></P>
<HR style="margin-top:9.6px; margin-bottom:9.6px" noshade size=1.333>
<TABLE style="font-size:10pt; page-break-before:always" cellspacing=0 align=center><TR height=0 style="font-size:0"><TD width=212.8></TD><TD width=220.4></TD><TD width=214></TD></TR>
<TR><TD valign=top width=212.8><P style="margin:0px">CUSIP No.&nbsp; <B>G211OU 10 9</B></P>
</TD><TD valign=top width=220.4><P style="line-height:18pt; margin:0px; font-size:16pt" align=center><B>13G</B></P>
</TD><TD valign=top width=214><P style="margin:0px" align=right>Page 5 of 7</P>
</TD></TR>
</TABLE>
<P style="margin:0px"><BR></P>
<P style="margin:0px"><BR></P>
<P style="margin:0px"><BR>
<BR>
<BR></P>
<TABLE style="font-size:10pt" cellspacing=0 align=center><TR height=0 style="font-size:0"><TD width=650.4></TD></TR>
<TR><TD valign=top width=650.4><P style="margin-top:0px; margin-bottom:-16px; padding-left:144px; text-indent:-48px">(i)</P>
<P style="margin-top:0px; margin-bottom:-16px; padding-left:144px">Sole power to vote or direct the vote:</P>
<P style="margin:0px; padding-left:144px; text-indent:240px">-0-</P>
</TD></TR>
<TR><TD valign=top width=650.4><P style="margin-top:0px; margin-bottom:-16px; padding-left:144px; text-indent:-48px">(ii)</P>
<P style="margin-top:0px; margin-bottom:-16px; padding-left:144px">Shared power to vote or direct the vote:</P>
<P style="margin:0px; padding-left:144px; text-indent:240px">1,050,000</P>
</TD></TR>
<TR><TD valign=top width=650.4><P style="margin-top:0px; margin-bottom:-16px; padding-left:144px; text-indent:-48px">(iii)</P>
<P style="margin-top:0px; margin-bottom:-16px; padding-left:144px">Sole power to dispose of or direct the disposition of:</P>
<P style="margin:0px; padding-left:144px; text-indent:336px">-0-</P>
</TD></TR>
<TR><TD valign=top width=650.4><P style="margin-top:0px; margin-bottom:-16px; padding-left:144px; text-indent:-48px">(iv)</P>
<P style="margin-top:0px; margin-bottom:-16px; padding-left:144px">Shared power to dispose of or direct the disposition of:</P>
<P style="margin:0px; padding-left:144px; text-indent:336px">1,050,000</P>
</TD></TR>
<TR><TD valign=top width=650.4><P>&nbsp;</P></TD></TR>
<TR><TD valign=top width=650.4><P style="margin:0px; padding-left:96px">The shares consist of 700,000 common shares and currently exercisable common stock purchase warrants to purchase 350,000 common shares. The record holder of the shares is Lee Yip Investments Ltd.</P>
</TD></TR>
<TR><TD valign=top width=650.4><P>&nbsp;</P></TD></TR>
<TR><TD valign=top width=650.4><P style="margin-top:0px; margin-bottom:-16px">ITEM 5.</P>
<P style="margin:0px; text-indent:93.667px"><U>OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS</U>:</P>
</TD></TR>
<TR><TD valign=top width=650.4><P>&nbsp;</P></TD></TR>
<TR><TD valign=top width=650.4><P style="margin:0px; padding-left:96px">Not applicable.</P>
</TD></TR>
<TR><TD valign=top width=650.4><P>&nbsp;</P></TD></TR>
<TR><TD valign=top width=650.4><P style="margin-top:0px; margin-bottom:-16px; padding-left:48px; text-indent:-48px">ITEM 6.</P>
<P style="margin:0px; padding-left:48px; text-indent:48px"><U>OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON</U>:</P>
</TD></TR>
<TR><TD valign=top width=650.4><P>&nbsp;</P></TD></TR>
<TR><TD valign=top width=650.4><P style="margin:0px; padding-left:96px">Not applicable.</P>
</TD></TR>
<TR><TD valign=top width=650.4><P>&nbsp;</P></TD></TR>
<TR><TD valign=top width=650.4><P style="margin-top:0px; margin-bottom:-16px; padding-left:96px; text-indent:-96px">ITEM 7.</P>
<P style="margin:0px; padding-left:96px"><U>IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY OF CONTROL PERSON</U>:</P>
</TD></TR>
<TR><TD valign=top width=650.4><P>&nbsp;</P></TD></TR>
<TR><TD valign=top width=650.4><P style="margin:0px; padding-left:96px">Not applicable.</P>
</TD></TR>
<TR><TD valign=top width=650.4><P>&nbsp;</P></TD></TR>
<TR><TD valign=top width=650.4><P style="margin-top:0px; margin-bottom:-16px">ITEM 8.</P>
<P style="margin:0px; text-indent:96px"><U>IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP</U>:</P>
</TD></TR>
<TR><TD valign=top width=650.4><P>&nbsp;</P></TD></TR>
<TR><TD valign=top width=650.4><P style="margin:0px; padding-left:96px">The members of the group are identified in Item 2(a) of this Schedule.</P>
</TD></TR>
<TR><TD valign=top width=650.4><P>&nbsp;</P></TD></TR>
<TR><TD valign=top width=650.4><P style="margin-top:0px; margin-bottom:-16px">ITEM 9.</P>
<P style="margin:0px; text-indent:96px"><U>NOTICE OF DISSOLUTION OF THE GROUP</U>:</P>
</TD></TR>
<TR><TD valign=top width=650.4><P>&nbsp;</P></TD></TR>
<TR><TD valign=top width=650.4><P style="margin:0px; padding-left:96px">Not applicable.</P>
</TD></TR>
<TR><TD valign=top width=650.4><P>&nbsp;</P></TD></TR>
<TR><TD valign=top width=650.4><P style="margin-top:0px; margin-bottom:-16px">ITEM 10.</P>
<P style="margin:0px; text-indent:96px"><U>CERTIFICATION</U>:</P>
</TD></TR>
<TR><TD valign=top width=650.4><P>&nbsp;</P></TD></TR>
<TR><TD valign=top width=650.4><P style="margin:0px; padding-left:96px">By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.</P>
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<P style="margin:0px" align=center><BR>
<BR></P>
<P style="margin:0px" align=justify><BR></P>
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<TABLE style="font-size:10pt; page-break-before:always" cellspacing=0 align=center><TR height=0 style="font-size:0"><TD width=212.8></TD><TD width=220.4></TD><TD width=214></TD></TR>
<TR><TD valign=top width=212.8><P style="margin:0px">CUSIP No.&nbsp; <B>G211OU 10 9</B></P>
</TD><TD valign=top width=220.4><P style="line-height:18pt; margin:0px; font-size:16pt" align=center><B>13G</B></P>
</TD><TD valign=top width=214><P style="margin:0px" align=right>Page 6 of 7</P>
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<P style="margin:0px"><BR></P>
<P style="margin:0px"><BR></P>
<P style="margin:0px" align=center><B>SIGNATURE</B></P>
<P style="margin:0px" align=center><BR></P>
<P style="margin-top:0px; margin-bottom:8.867px; text-indent:48px">After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.</P>
<P style="margin:0px; padding-left:144px; text-indent:-144px">Date: September 30, 2008</P>
<P style="margin:0px"><BR></P>
<TABLE style="font-size:10pt" cellspacing=0 align=center><TR height=0 style="font-size:0"><TD width=156></TD><TD width=156></TD><TD width=23.933></TD><TD width=288.067></TD></TR>
<TR><TD valign=top width=156><P>&nbsp;</P></TD><TD valign=top width=156><P>&nbsp;</P></TD><TD valign=top width=312 colspan=2><P style="margin:0px">LEE YIP INVESTMENTS LTD.</P>
</TD></TR>
<TR><TD valign=top width=156><P style="margin:0px">&nbsp;</P>
</TD><TD valign=top width=156><P>&nbsp;</P></TD><TD valign=top width=23.933><P>&nbsp;</P></TD><TD valign=top width=288.067><P>&nbsp;</P></TD></TR>
<TR><TD valign=top width=156><P style="margin:0px">&nbsp;</P>
</TD><TD valign=top width=156><P>&nbsp;</P></TD><TD valign=top width=23.933><P>&nbsp;</P></TD><TD valign=top width=288.067><P>&nbsp;</P></TD></TR>
<TR><TD valign=top width=156><P>&nbsp;</P></TD><TD valign=top width=156><P>&nbsp;</P></TD><TD valign=top width=23.933><P style="margin:0px">By:</P>
</TD><TD style="border-bottom:1px solid #000000" valign=top width=288.067><P style="line-height:normal; margin:0px">/s/ T<FONT style="font-size:6pt">SE</FONT> C<FONT style="font-size:6pt">HI</FONT> K<FONT style="font-size:6pt">AI</FONT> T<FONT style="font-size:6pt">ILYPSE</FONT></P>
</TD></TR>
<TR><TD valign=top width=156><P>&nbsp;</P></TD><TD valign=top width=156><P>&nbsp;</P></TD><TD valign=top width=23.933><P>&nbsp;</P></TD><TD valign=top width=288.067><P style="margin:0px">Tse Chi Kai Tilypse, Director</P>
</TD></TR>
<TR><TD valign=top width=156><P>&nbsp;</P></TD><TD valign=top width=156><P>&nbsp;</P></TD><TD valign=top width=23.933><P>&nbsp;</P></TD><TD valign=top width=288.067><P>&nbsp;</P></TD></TR>
<TR><TD valign=top width=156><P>&nbsp;</P></TD><TD valign=top width=156><P>&nbsp;</P></TD><TD style="border-bottom:1px solid #000000" valign=top width=312 colspan=2><P style="line-height:normal; margin:0px">/s/ T<FONT style="font-size:6pt">SE</FONT> C<FONT style="font-size:6pt">HI</FONT> K<FONT style="font-size:6pt">AI</FONT> T<FONT style="font-size:6pt">ILYPSE</FONT></P>
</TD></TR>
<TR><TD valign=top width=156><P>&nbsp;</P></TD><TD valign=top width=156><P>&nbsp;</P></TD><TD valign=top width=312 colspan=2><P style="margin:0px">Tse Chi Kai Tilypse</P>
</TD></TR>
</TABLE>
<P style="margin:0px" align=center><BR></P>
<P style="margin:0px"><BR>
<BR></P>
<P style="margin:0px" align=justify><BR></P>
<P style="margin:0px"><BR></P>
<HR style="margin-top:9.6px; margin-bottom:9.6px" noshade size=1.333>
<TABLE style="font-size:10pt; page-break-before:always" cellspacing=0 align=center><TR height=0 style="font-size:0"><TD width=212.8></TD><TD width=220.4></TD><TD width=214></TD></TR>
<TR><TD valign=top width=212.8><P style="margin:0px">CUSIP No.&nbsp; <B>G211OU 10 9</B></P>
</TD><TD valign=top width=220.4><P style="line-height:18pt; margin:0px; font-size:16pt" align=center><B>13G</B></P>
</TD><TD valign=top width=214><P style="margin:0px" align=right>Page 7 of 7</P>
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<P style="margin:0px" align=right>Exhibit 1</P>
<P style="margin:0px" align=center><BR></P>
<P style="margin:0px" align=center><B>JOINT FILING AGREEMENT</B></P>
<P style="margin:0px" align=center><B>PURSUANT TO RULE 13d-1(k)(1)</B></P>
<P style="margin:0px"><BR></P>
<P style="margin:0px"><BR></P>
<P style="margin:0px">The undersigned acknowledge and agree that the foregoing statement of Schedule 13G is filed on behalf of each of the undersigned and that all subsequent amendments to this statement on Schedule 13G shall be filed in behalf of each of the undersigned without the necessity of filing additional joint filing agreements. The undersigned acknowledge that each shall be responsible for the timely filings of such amendments, and for the completeness or accuracy of the information concerning it contained therein, but shall not be responsible for the completeness or accuracy of the information concerning the other, except to the extent that it knows or has reason to believe that such information is accurate.</P>
<P style="margin:0px"><BR></P>
<P style="margin:0px"><BR></P>
<P style="margin-top:0px; margin-bottom:-16px">Dated:</P>
<P style="margin:0px; text-indent:48px">September 30, 2008</P>
<P style="margin:0px"><BR></P>
<TABLE style="font-size:10pt" cellspacing=0 align=center><TR height=0 style="font-size:0"><TD width=156></TD><TD width=156></TD><TD width=23.933></TD><TD width=288.067></TD></TR>
<TR><TD valign=top width=156><P>&nbsp;</P></TD><TD valign=top width=156><P>&nbsp;</P></TD><TD valign=top width=312 colspan=2><P style="margin:0px">LEE YIP INVESTMENTS LTD.</P>
</TD></TR>
<TR><TD valign=top width=156><P style="margin:0px">&nbsp;</P>
</TD><TD valign=top width=156><P>&nbsp;</P></TD><TD valign=top width=23.933><P>&nbsp;</P></TD><TD valign=top width=288.067><P>&nbsp;</P></TD></TR>
<TR><TD valign=top width=156><P style="margin:0px">&nbsp;</P>
</TD><TD valign=top width=156><P>&nbsp;</P></TD><TD valign=top width=23.933><P>&nbsp;</P></TD><TD valign=top width=288.067><P>&nbsp;</P></TD></TR>
<TR><TD valign=top width=156><P>&nbsp;</P></TD><TD valign=top width=156><P>&nbsp;</P></TD><TD valign=top width=23.933><P style="margin:0px">By:</P>
</TD><TD style="border-bottom:1px solid #000000" valign=top width=288.067><P style="line-height:normal; margin:0px">/s/ T<FONT style="font-size:6pt">SE</FONT> C<FONT style="font-size:6pt">HI</FONT> K<FONT style="font-size:6pt">AI</FONT> T<FONT style="font-size:6pt">ILYPSE</FONT></P>
</TD></TR>
<TR><TD valign=top width=156><P>&nbsp;</P></TD><TD valign=top width=156><P>&nbsp;</P></TD><TD valign=top width=23.933><P>&nbsp;</P></TD><TD valign=top width=288.067><P style="margin:0px">Tse Chi Kai Tilypse, Director</P>
</TD></TR>
<TR><TD valign=top width=156><P>&nbsp;</P></TD><TD valign=top width=156><P>&nbsp;</P></TD><TD valign=top width=23.933><P>&nbsp;</P></TD><TD valign=top width=288.067><P>&nbsp;</P></TD></TR>
<TR><TD valign=top width=156><P>&nbsp;</P></TD><TD valign=top width=156><P>&nbsp;</P></TD><TD style="border-bottom:1px solid #000000" valign=top width=312 colspan=2><P style="line-height:normal; margin:0px">/s/ T<FONT style="font-size:6pt">SE</FONT> C<FONT style="font-size:6pt">HI</FONT> K<FONT style="font-size:6pt">AI</FONT> T<FONT style="font-size:6pt">ILYPSE</FONT></P>
</TD></TR>
<TR><TD valign=top width=156><P>&nbsp;</P></TD><TD valign=top width=156><P>&nbsp;</P></TD><TD valign=top width=312 colspan=2><P style="margin:0px">Tse Chi Kai Tilypse</P>
</TD></TR>
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