UNITEDSTATES SECURITIESANDEXCHANGECOMMISSION Washington,D.C.20549 (MarkOne) ———————— FORM20-F ———————— ☐REGISTRATIONSTATEMENTPURSUANTTOSECTION12(b)OR(g)OFTHESECURITIESEXCHANGEACTOF1934 OR ☒ANNUALREPORTPURSUANTTOSECTION13OR15(d)OFTHESECURITIESEXCHANGEACTOF1934 ForthefiscalyearendedDecember31,2022OR ☐TRANSITIONREPORTPURSUANTTOSECTION13OR15(d)OFTHESECURITIESEXCHANGEACTOF1934 Forthetransitionperiodfrom:to OR ☐SHELLCOMPANYREPORTPURSUANTTOSECTION13OR15(d)OFTHESECURITIESEXCHANGEACTOF1934 DateofeventrequiringshellcompanyreportCommissionfilenumber:0-26046 CHINANATURALRESOURCES,INC. (ExactnameofRegistrantasspecifiedinitscharter) NotApplicable (TranslationofRegistrant’snameintoEnglish) BritishVirginIslands (Jurisdictionofincorporationororganization) Room2205,22/F,WestTower,ShunTakCentre, 168-200ConnaughtRoadCentral,SheungWan,HongKong (Addressofprincipalexecutiveoffices) ZhuYouyi,ChiefFinancialOfficer Room2205,22/F,WestTower,ShunTakCentre, 168-200ConnaughtRoadCentral,SheungWan,HongKong01185228107205 zhuyouyi@chnr.net (Name,telephonenumber,e-mailand/orfacsimilenumberandaddressofcompanycontactperson) SecuritiesregisteredortoberegisteredpursuanttoSection12(b)oftheAct: TitleofeachclassTradingsymbol(s) Nameofeachexchangeonwhichregistered CommonShares,withoutparvalueCHNRNasdaqCapitalMarket SecuritiesregisteredortoberegisteredpursuanttoSection12(g)oftheAct:None SecuritiesforwhichthereisareportingobligationpursuanttoSection15(d)oftheAct:None Indicatethenumberofoutstandingsharesofeachoftheissuer’sclassesofcapitalorcommonstockasofthecloseoftheperiodcoveredbytheannualreport.40,948,082commonsharesasofDecember31,2022.(8,197,897commonsharesfollowingafive-to-onesharecombinationasofApril3,2023). Indicatebycheckmarkiftheissuerisawell-knownseasonedissuer,asdefinedinRule405oftheSecuritiesAct. Yes☐No☒ Ifthisreportisanannualortransitionreport,indicatebycheckmarkiftheregistrantisnotrequiredtofilereportspursuanttoSection13or15(d)oftheSecuritiesExchangeActof1934. Yes☐No☒ Note–CheckingtheboxabovewillnotrelieveanyregistrantrequiredtofilereportspursuanttoSection13or15(d)oftheSecuritiesExchangeActof1934fromtheirobligationsunderthoseSections. Indicatebycheckmarkwhethertheregistrant(1)hasfiledallreportsrequiredtobefiledbySection13or15(d)oftheSecuritiesExchangeActof1934duringthepreceding12months(orforsuchshorterperiodthattheregistrantwasrequiredtofilesuchreports),and(2)hasbeensubjecttosuchfilingrequirementsforthepast90days. Yes☒No☐ IndicatebycheckmarkwhethertheregistranthassubmittedelectronicallyeveryInteractiveDataFilerequiredtobesubmittedpursuanttoRule405ofRegulationS-T(•232.405ofthischapter)duringthepreceding12months(orforsuchshorterperiodthattheregistrantwasrequiredtosubmitsuchfiles). Yes☒No☐ Indicatebycheckmarkwhethertheregistrantisalargeacceleratedfiler,anacceleratedfiler,anon-acceleratedfiler,oranemerginggrowthcompany.Seethedefinitionsof“largeacceleratedfiler,”“acceleratedfiler”and“emerginggrowthcompany”inRule12b-2oftheExchangeAct.(Checkone): LargeAcceleratedFiler☐AcceleratedFiler☐ Non-AcceleratedFiler☒EmergingGrowthCompany☐ IfanemerginggrowthcompanythatpreparesitsfinancialstatementsinaccordancewithU.S.GAAP,indicatebycheckmarkiftheregistranthaselectednottousetheextendedtransitionperiodforcomplyingwithanyneworrevisedfinancialaccountingstandards†providedpursuanttoSection13(a)oftheExchangeAct.☐ †Theterm“neworrevisedfinancialaccountingstandard”referstoanyupdateissuedbytheFinancialAccountingStandardsBoardtoitsAccountingStandardsCodificationafterApril5,2012. Indicatebycheckmarkwhethertheregistranthasfiledareportonandattestationtoitsmanagement’sassessmentoftheeffectivenessofitsinternalcontroloverfinancialreportingunderSection404(b)oftheSarbanes-OxleyAct(15U.S.C.7262(b))bytheregisteredpublicaccountingfirmthatpreparedorissueditsauditreport.☐ Indicatebycheckmarkwhichbasisofaccountingtheregistranthasusedtopreparethefinancialstatementsincludedinthisfiling: U.S.GAAP☐InternationalFinancialReportingStandardsasissued BytheInternationalAccountingStandardsBoard ☒ Other☐ If“Other”hasbeencheckedinresponsetothepreviousquestion,indicatebycheckmarkwhichfinancialstatementitemtheregistranthaselectedtofollow. Item17☐Item18☐ Ifthisisanannualreport,indicatebycheckmarkwhethertheregistrantisashellcompany(asdefinedinRule12b-2oftheExchangeAct). Yes☐No☒ TABLEOFCONTENTS PART1 Page ITEM1. IDENTITYOFDIRECTORS,SENIORMANAGEMENTANDADVISORS 1 ITEM2. OFFERSTATISTICSANDEXPECTEDTIMETABLE 1 ITEM3. KEYINFORMATION 1 ITEM4. INFORMATIONONTHECOMPANY 31 ITEM4A. UNRESOLVEDSTAFFCOMMENTS 47 ITEM5. OPERATINGANDFINANCIALREVIEWANDPROSPECTS 47 ITEM6. DIRECTORS,SENIORMANAGEMENTANDEMPLOYEES 58 ITEM7. MAJORSHAREHOLDERSANDRELATEDPARTYTRANSACTIONS 68 ITEM8. FINANCIALINFORMATION 63 ITEM9.THEOFFERANDLISTING73 ITEM10.ADDITIONALINFORMATION74 ITEM11.QUANTITATIVEANDQUALITATIVEDISCLOSURESABOUTMARKETRISK 80 ITEM12.DESCRIPTIONOFSECURITIESOTHERTHANEQUITYSECURITIES81 PARTII ITEM13.DEFAULTS,DIVIDENDARREARAGESANDDELINQUENCIES81 ITEM14.MATERIALMODIFICATIONSTOTHERIGHTSOFSECURITYHOLDERSANDUSEOFPROCEE