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| China Natural Resources, Inc., formerly China Resources Development, Inc., is primarily engaged in identifying, acquiring and operating business opportunities and, when management deems it advisable, disposing of acquired businesses. During the year ended December 31, 2003, the Company's subsidiaries included sense Limited, Hainan Cihui Industrial Company Limited, Sunwide Capital Ltd., Silver Moon Technologies Limited and Shenzhen Xubu Investment Co. Ltd. During the same period, China Resources' only active business operations consisted of its advertising, promotion and public relations businesses conducted through Isense. The Company was previously engaged in retail supermarket operations. More | |

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| Web: http://www.misschem.com Email: investor@misschem.com Contact: Copyright © 2002. The Nasdaq Stock Market, Inc. |
Phone: (662) 746-4131 FAX: 781-398-0720 |
| The Company's nitrogen business is its only reportable operating segment. The Company produces nitrogen products at its production facilities in Yazoo City, Mississippi, Donaldsonville, Louisiana, and through its 50/50 joint venture. | |

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06/04/2005 02:20:51