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RELATED PARTY BALANCES AND TRANSACTIONS (Tables)
6 Months Ended 12 Months Ended
Jun. 30, 2023
Dec. 31, 2022
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.
                     
       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 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.
                 
       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 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 
                
    
   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