05:19 PM EDT, 05/27/2025 (MT Newswires) -- China Natural Resources ( CHNR ) said late Tuesday its board approved an 8-to-1 share combination in an effort to meet the minimum bid price listing requirement on Nasdaq.

The shares will begin trading on a combination-adjusted basis on June 12, the company said.

As part of the combination, every eight common shares of the company will be converted into one common share, according to a statement.

Shares were down nearly 10% in after-hours trading.