China Natural Resources Inc. (CHNR) is a Hong Kong-based holding company engaged in acquisition and exploitation of mining rights. The Company’s activities include exploration, mineral extraction, processing and sales of iron, zinc and other nonferrous metals extracted or produced at mines primarily located in Anhui Province in the People’s Republic of China. The Company’s metal mining operations are conducted by its indirect wholly-owned subsidiary, Wuhu Feishang and its subsidiaries. Wuhu Feishang is a PRC company that is wholly-owned by Feishang Mining. Wuhu Feishang is principally engaged in mining zinc, iron, and other minerals and nonferrous metals for distribution in the PRC. Wuhu Feishang has three mines: Yangchong Mine, Zaoyuan Mine and Sichong Mine.