China Natural Resources Inc. reported audited consolidated earnings results for the year ended December 31, 2008. For the year, the company reported income from continuing operations and net income of CNY 76.027 million or CNY 3.41 net income per share on net sales of CNY 846.084 million compared to income from continuing operations and net income of CNY 24.735 million or CNY 1.43 income per share on net sales of CNY 125.963 million for the year ended December 31, 2007. Loss from operations was CNY 23.486 million against income of CNY 34.923 million of prior year. Income from continuing operations before income taxes was CNY 84.429 million versus CNY 36.786 million of previous year.

China Natural Resources Inc. reported consolidated unaudited earnings results for the second quarter and six months ended June 30, 2008. For the quarter, the company has posted net income of CNY 22,755,000 or CNY 0.99 diluted per share on total net sales of CNY 243,475,000 compared to net income of CNY 17,315,000 or CNY 1.29 diluted per share on total net sales of CNY 33,070,000 for the same period a year ago. Loss attributable to investment in unconsolidated investee for the period was CNY 2,306,000. For the six months, the company has posted net income of CNY 17,186,000 or CNY 0.77 diluted per share on total net sales of CNY 282,144,000 compared to net income of CNY 30,237,000 or CNY 2.23 diluted per share on total net sales of CNY 58,962,000 for the same period a year ago. Loss attributable to investment in unconsolidated investee for the period was CNY 4,437,000.

China Natural Resources Inc. announced that, on January 26, 2008, the Company, through two indirect wholly-owned subsidiaries, had entered into an agreement with Jiangxi Province Coal Group Company, a state-owned enterprise and the largest integrated coal producer in Jiangxi Province, China, to jointly establish Guizhou Puzheng Mining Co. Ltd., as an equity joint venture company in Guizhou Province, the PRC. The Joint Venture Company, which is to be owned 64% by the Company, intends to engage in the exploration and mining of coal and other mineral resources in Guizhou Province and other regions in China.