{"url_path":"/sec/chnr/10-k/2026/item-15","section_key":"item-15","section_title":"Item 15 **","topic":"sec","document":{"doc_type":"20-F","doc_date":"2026-05-15","source_url":"https://www.sec.gov/Archives/edgar/data/793628/0001553350-26-000083-index.html","accession_number":"0001553350-26-000083","cik":"0000793628","ticker":"CHNR","issuer_name":"CHINA NATURAL RESOURCES INC","edgar_url":"https://www.sec.gov/Archives/edgar/data/793628/0001553350-26-000083-index.html","primary_entity_key":"0000793628","primary_entity_name":"CHINA NATURAL RESOURCES INC"},"word_count":709,"has_tables":true,"body_markdown":"**ITEM 15.**\n**CONTROLS AND PROCEDURES**\n\n \n\n**Evaluation of Disclosure Controls and Procedures**\n\n \n\nThe Company maintains “disclosure\ncontrols and procedures,” as such term is defined in Rule 13a-15(e) under the Exchange Act. As of December 31, 2025, the\nCompany carried out an evaluation, under the supervision and with the participation of the Company’s management, including the Company’s\nChief Executive Officer and Chief Financial Officer, of the effectiveness of the design and operation of the Company’s disclosure\ncontrols and procedures.\n\n \n\nIn designing and evaluating\nits disclosure controls and procedures, management recognized that disclosure controls and procedures, no matter how well conceived and\noperated, can provide only reasonable, not absolute, assurance that the objectives of the disclosure controls and procedures are met.\nAdditionally, in designing disclosure controls and procedures, management necessarily was required to apply its judgment in evaluating\nthe cost-benefit relationship of possible disclosure controls and procedures. The design of any disclosure controls and procedures also\nis based in part upon certain assumptions about the likelihood of future events, and there can be no assurance that any design will succeed\nin achieving its stated goals under all potential future conditions.\n\n \n\nBased upon that evaluation\nand subsequent evaluations conducted in connection with the audit of the Company’s consolidated financial statements for the year\nended December 31, 2025, the Chief Executive Officer and Chief Financial Officer have concluded that the Company’s disclosure\ncontrols and procedures were effective to ensure that information required to be disclosed in our periodic reports filed under the Exchange\nAct is recorded, processed, summarized and reported, within the periods specified by the SEC’s rules and regulations.\n\n \n\n**Management’s Report on Internal Control over Financial Reporting**\n\n \n\nThe management of the Company\nis responsible for establishing and maintaining adequate internal control over financial reporting as defined in Rules 13a-15(f) and 15d-15(f)\nunder the Exchange Act. The Exchange Act defines internal control over financial reporting as a process designed by, or under the supervision\nof, the Company’s principal executive and principal financial officers and effected by the Company’s Board of Directors, management\nand other personnel, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial\nstatements for external purposes in accordance with IFRS issued by the IASB and includes those policies and procedures that:\n\n \n\n \n•\nPertain to the maintenance of records that in reasonable detail accurately and fairly reflect the transactions and dispositions of the assets of the Company;\n\n \n\n \n•\nProvide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with IFRS issued by IASB, and that receipts and expenditures of the Company are being made only in accordance with authorizations of management and directors of the Company; and\n\n \n\n \n•\nProvide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use or disposition of the Company’s assets that could have a material effect on the financial statements.\n\n \n\n \n\nAll internal control systems,\nno matter how well designed, have inherent limitations. Therefore, even those systems determined to be effective can provide only reasonable\nassurance with respect to financial statement preparation and presentation. Also, projections of any evaluation of effectiveness to future\nperiods are subject to the risk that controls may become inadequate because of changes in conditions, or that the degree of compliance\nwith the policies or procedures may deteriorate.\n\n \n\nManagement assessed the effectiveness\nof the Company’s internal control over financial reporting as of December 31, 2025. In making this assessment, we used the\ncriteria established in the 2013 Internal Control – Integrated Framework issued by the Committee of Sponsoring Organization of\nthe Treadway Commission (the “COSO criteria”). Based on our evaluation and the COSO criteria, we determined that, as of December 31,\n2025, the Company’s internal control over financial reporting was effective to provide reasonable assurance regarding the reliability\nof financial reporting and the preparation of financial statements in accordance with IFRS.\n\n \n\nSince the Company is not an\naccelerated filer, the auditor’s attestation report pursuant to SOX Section 404(b) is not required in this annual report.\n\n \n\n77 \n\n \n\n**Changes in Internal Control over Financial Reporting**\n\n \n\nThere has been no change\nin the Company’s internal control over financial reporting that occurred during the fiscal year 2025 and that has materially affected,\nor is reasonably likely to affect, the Company’s internal control over financial reporting."}