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RELATED PARTY BALANCES AND TRANSACTIONS (Tables)
 12 Months Ended
Dec. 31, 2024
Notes and other explanatory information [abstract]  
Schedule of commercial transactions with related companies
                     
       Year Ended December 31, 
       2022   2023   2024   2024 
       CNY   CNY   CNY   US$ 
                     
CHNR’s share of office rental, rates and others to Anka Consultants Limited (“Anka”)(a)   (i)    1,175    445    797    109 
Feishang Management's share of office rental to Feishang Enterprise(b)   (ii)    166    166    166    23 
Shenzhen New PST’s share of office rental to Feishang Enterprise(b)   (iii)    90    53    —    — 

 

 

(i)   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, 2025. 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.

 

 

(ii)   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 2024, which will expire on September 30, 2025.

 

(iii)   Shenzhen New PST signed a contract with Feishang Enterprise to lease 96 meters of office premises for 12-month period from March 14, 2022 to March 13, 2023 and renewed the contract with same terms for another 12-month period from March 14, 2023 to March 13, 2024. Due to the disposal of PSTT, the transaction amount in 2023 contains 7 months rentals.

 

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

(b)Feishang Enterprise is controlled by Mr. Li Feilie, who is the controlling shareholder of the Company.
Schedule of balances with related companies
                         
          December 31,  
          2023     2024     2024  
          CNY     CNY     US$  
                         
Current:                                
Payable to related companies:                                
Feishang Enterprise(a)     (i)       6,078       10,422       1,428  
Anka Capital Ltd. (“Anka Capital”)(b)     (iii)       2,991       939       129  
              9,069       11,361       1,557  
                                 
Payable to the Shareholder:                                
Feishang Group Ltd.(a)     (ii)       7,153       —       —  
Feishang Group Ltd.(a)             78,520       78,567       10,766  
              85,673       78,567       10,766  
                                 
Lease liabilities to related parties:                                
Anka(b)             360       —       —  
              360       —       —  

 

 

 

(i)   The payable to Feishang Enterprise by Feishang Management represents the net amount of advances from Feishang Enterprise and its subsidiaries. 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. The Company repaid HK$8.4 million to Feishang Group in 2024.

 

(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.

   

(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.
Schedule of compensation of key management personnel of the group
             
   Year Ended December 31, 
   2023   2024   2024 
   CNY   CNY   US$ 
             
Wages, salaries and allowances   1,014    843    116 
Housing funds   16    —    — 
Contribution to pension plans   64    76    10 
                
    1,094    919    126