RELATED PARTY BALANCES AND TRANSACTIONS (Tables)

6 Months Ended

Jun. 30, 2023

Notes and other explanatory information [abstract]

Schedule of rental of offices as lessee

			Six months ended June 30,
			2022		2023		2023
			CNY		CNY		US$
	Notes		(Unaudited)		(Unaudited)		(Unaudited)
CHNR's share of office rental, rates and others to Anka Consultants Limited (“Anka”) (a)		i		217		218		30
Feishang Management's share of office rental to Feishang Enterprise(b)		ii		84		84		12
Shenzhen New Precise Space-Time Technology Co., Limited (“Shenzhen New PST”)’s share of office rental to Feishang Enterprise(b)		iii		15		45		6

(i) The Company signed a contract with Anka to lease 184 square meters of office premises for two years, from July 1, 2022 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.

(ii) On October 1, 2021, Feishang Management signed an office-sharing agreement with Feishang Enterprise, which will expire on September 30, 2023. Pursuant to the agreement, Feishang Management shares 40 square meters of office premises for 2 years.

(iii) Shenzhen New PST signed a contract with Feishang Enterprise to lease 96 square meters of office premises annually. The latest contract is from March 14, 2023 to March 13, 2024.

(b) Other transactions with related parties

On February 27, 2023, the Company entered into a sale and purchase agreement (the “SPA”) with Feishang Group and Top Pacific (China) Limited (together, the “Sellers”), and the respective beneficial owner of the sellers, Mr. Li Feilie and Mr. Yao Yuguang, to acquire 100% equity interests of Greatfame Investments Limited, which owns 100% equity interest in Williams Minerals (Pvt) Ltd (“Williams Minerals”) (the “Acquisition”). Williams Minerals owns the mining permit for the Zimbabwean lithium mine. The consideration to be paid by the Company for the Acquisition will be calculated by multiplying the qualified measured, indicated and inferred resources quantity of lithium oxide proven to be in the mine by independent technical reports by a unit price of US$500 per ton, less certain due diligence costs and expenses incurred by the Company for the issuance of the independent technical reports.

According to the SPA, the Company issued a US$24,500 promissory note and a US$10,500 promissory note to Feishang Group and Top Pacific (China) Limited respectively on April 14, 2023 to proceed with the acquisition. The Company recognized a liability due to shareholders amounted to US$24,500 (CNY176,901, Note20(c))* and other payable amounted to US$10,500 (CNY75,815, Note 15)* respectively for the present obligations of these two promissory notes with corresponding non-current assets amounted to US$35,000 (CNY252,716, Note 12)*.

* As the transaction is denominated in US$ per SPA, the corresponding transaction amount was translated into Hong Kong dollars, the functional currency of the Company and reported as CNY at June 30, 2023.  

(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 group payables with related parties

			December 31,		June 30,
			2022		2023		2023
			CNY		CNY		US$
	Notes		(Audited)		(Unaudited)		(Unaudited)
Current:
Payable to related companies:
Feishang Enterprise(a)		i		495		2,262		312
Guizhou Feishang Energy Co., Ltd (“Guizhou Feishang”) (a)		ii		—		800		110
Anka Capital(b)				2,913		3,055		421
				3,408		6,117		843
Payable to the Shareholder:
Feishang Group(a)		iii		7,153		7,153		987
Feishang Group(a)		iv		—		176,901		24,388
				7,153		184,054		25,375
Lease liabilities to related parties
Anka(b)				1,022		725		100
				1,022		725		100

(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 Guizhou Feishang represents the net amount of advances from Guizhou Feishang. 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 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.

(iv) The payable to Feishang Group represents the net amount of acquisition of mining rights in Zimbabwe. For more details, please refer to Note 20 (b).

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

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

Schedule of compensation of key management personnel of group

	Six months ended June 30,
	2022		2023		2023
	CNY		CNY		US$
	(Unaudited)		(Unaudited)		(Unaudited)
Wages, salaries and allowances		618		575		79
Housing subsidies		11		7		1
Contribution to pension plans		43		28		4
		672		610		84