RELATED PARTY BALANCES AND TRANSACTIONS (Tables)

12 Months Ended

Dec. 31, 2022

Schedule of Commercial Transactions with Related Companies


		Year Ended December 31,
		2020		2021		2022		2022
		CNY		CNY		CNY		US$

Interest income received from Feishang Enterprise^(a)	(i)		6,792		3,396		—		—

CHNR’s share of office rental, rates and others to Anka Consultants Limited (“Anka”)^(b)	(ii)		1,368		1,343		1,175		170
Feishang Management's share of office rental to Feishang Enterprise^(a)	(iii)		166		166		166		24
Shenzhen New PST’s share of office rental to Feishang Enterprise^(a)	(iv)		90		90		90		13

(i)

The Company's subsidiary, Shanghai Onway, entered into a series of contracts to provide a loan amounting to CNY80,000 at an interest rate of 9% per annum to Feishang Enterprise from March 2, 2018 to June 30, 2021.

(ii)

The Company signed a contract with Anka to lease 184 square meters of office premises for two years, from July, 2018 to June 30, 2020, and extended it to June 30, 2024. The agreement also provides that the Company shares certain costs and expenses in connection with its use of the office, in addition to some of the accounting and secretarial services and day-to-day office administration services provided by Anka.

(iii)

On January 1, 2018, Feishang Management signed an office-sharing agreement with Feishang Enterprise. Pursuant to the agreement, Feishang Management shares 40 square meters of office premises for 33 months. Feishang Management signed a new contract with Feishang Enterprise in October 2022, which will expire on September 30, 2023.

(iv)

Shenzhen New PST signed a contract with Feishang Enterprise to lease 96 meters of office premises for 12-month period, from March 14, 2021 to March 13, 2022 and renewed the contract with same terms for another 12-month period from March 14, 2022 to March 13, 2023.

(a)

Feishang Enterprise is controlled by Mr. Li Feilie, who is the controlling shareholder of the Company.

(b)

Anka is jointly owned by Mr. Wong Wah On Edward and Mr. Tam Cheuk Ho, who are officers of the Company.

Schedule of Balances with Related Companies


		December 31,
		2021		2022		2022
		CNY		CNY		US$

Current:
Payable to related companies:
Feishang Enterprise^(a)	(i)		3,019		495		72
Anka Capital Limited (“Anka Capital”)^(b)	(iii)		2,691		2,913		422
			5,710		3,408		494

Payable to the Shareholder:
Feishang Group^(a)	(ii)		14,050		7,153		1,037
			14,050		7,153		1,037

Dividend payables to related companies:
Qianhai Industrial^(c)	(iv)		5,048		—		—
			5,048		—		—

Lease liabilities to related parties:
Anka^(b)			372		1,022		148
			372		1,022		148

(i)

The payable to Feishang Enterprise by Feishang Management represents the net amount of advances from Feishang Enterprise. The balance is unsecured and interest-free. The balance is repayable when the Group is in a position to settle the amounts due without having a detrimental impact on the financial resources of the Group.

(ii)

The payable to Feishang Group represents the net amount of advances from Feishang Group. The balance is unsecured and interest-free. The balance is repayable when the Group is in a position to settle the amounts due without having a detrimental impact on the financial resources of the Group.

(iii)

The payable to Anka Capital represents the net amount of advances from Anka Capital. The balance is unsecured and interest-free. The balance is repayable when the Group is in a position to settle the amounts due without having a detrimental impact on the financial resources of the Group.

(iv)

The dividend payable to Qianhai Industrial represents the declared dividend that was approved at the shareholder meeting of Shenzhen Qianhai on June 22, 2021 prior to the acquisition of PST Technology and its subsidiaries by the Group. It was paid by Shenzhen Qianhai as of December 31, 2022.

(a)

Feishang Enterprise and Feishang Group are controlled by Mr. Li Feilie, who is the controlling shareholder of the Company.

(b)

Anka Capital and Anka are each jointly owned by Mr. Wong Wah On Edward and Mr. Tam Cheuk Ho, who are officers of the Company.

(c)

Qianhai Industrial is controlled by Mr. Li Feilie, who is the controlling shareholder of the Company.

Schedule of Compensation of Key Management Personnel of the Group


	Year Ended December 31,
	2021		2022		2022
	CNY		CNY		US$
Wages, salaries and allowances		1,154		1,171		170
Housing funds		17		16		2
Contribution to pension plans		68		65		9

		1,239		1,252		181