The following management's discussion and analysis ("MD&A") should be read in conjunction with financial statements of China Changjiang Mining & New Energy Co., LTD for the nine months ended Sept. 30, 2022 and 2021, and the notes thereto.

Safe Harbor for Forward-Looking Statements

Certain statements included in this MD&A constitute forward-looking statements, including those identified by the expressions anticipate, believe, plan, estimate, expect, intend, and similar expressions to the extent they relate to China Changjiang Mining & New Energy Co., LTD or its management. These forward-looking statements are not facts, promises, or guarantees; rather, they reflect current expectations regarding future results or events. These forward-looking statements are subject to risks and uncertainties that could cause actual results, activities, performance, or events to differ materially from current expectations. These include risks related to revenue growth, operating results, industry, products, and litigation, as well as the matters discussed in China Changjiang Mining & New Energy Co., LTD's MD&A. Readers should not place undue reliance on any such forward-looking statements. China Changjiang Mining & New Energy Co., LTD disclaims any obligation to publicly update or to revise any such statements to reflect any change in the Company's expectations or in events, conditions, or circumstances on which any such statements may be based, or that may affect the likelihood that actual results will differ from those set forth in the forward-looking statements.

The Company's main business is in the transitional period from mining to clean new energy, and mainly focus on the solar photovoltaic, or "PV", downstream market at present stage. As of this filing, we have not raised any capital and our business is not yet operational.





Results of Operations

The following discussion of our financial condition and results of operations should be read in conjunction with our financial statements and the related notes included in this report

Nine Months Ended Sept. 30, 2022 and Sept. 30, 2021





Revenue

For the nine months ended Sept. 30, 2022 and Sept. 30, 2021, the Company had not generated any revenues.





Operating Expenses

Operating expenses for the nine months ended Sept. 30, 2022, were $0 compared to $0 for nine months ended Sept. 30, 2021.

Operating expenses did not increase in 2022.

For the nine months ended Sept. 30, 2022, professional fees were $0, an increase of $0 for the nine months ended of Sept. 30, 2021.





Other Income and Expenses

For the nine months ended Sept. 30, 2022 the Company had a net profit of $442,028 due to foreign exchange gains, compared to a net loss of $55,037 for the nine months ended Sept. 30, 2021. This resulted in an increase of $497,065 in other income gains.





Net Income (Loss)

For the nine-month ended Sept. 30, 2022, the Company had a net profit of $442,028 compared to the nine-month period ended Sept. 30, 2021 of a net loss of $55,037. This resulted in an increase of $497,065 in other income gains.

The net profit resulted from foreign exchange gains.









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Liquidity and Capital Resources

As of Sept. 30, 2022, we had no cash and a working capital deficit of $3,657,654.





Operating Activities

No operating activities occurred during the nine months ended Sept. 30, 2022 and 2021





Investing Activities

No investing activities occurred during the nine months ended Sept. 30, 2022, and 2021.





Financing Activities

No financing activities occurred during the nine months ended Sept. 30, 2022, and 2021.

Off-Balance Sheet Arrangements

There are no off-balance sheet arrangements with any party.





Critical Accounting Policies

Our discussion and analysis of results of operations and financial condition are based upon our condensed consolidated financial statements, which have been prepared in accordance with accounting principles generally accepted in the United States of America. The preparation of these condensed consolidated financial statements requires us to make estimates and judgments that affect the reported amounts of assets, liabilities, revenues and expenses, and related disclosure of contingent assets and liabilities. We evaluate our estimates on an ongoing basis, including those related to provisions for uncollectible accounts receivable, inventories, valuation of intangible assets and contingencies and litigation. We base our estimates on historical experience and on various other assumptions that are believed to be reasonable under the circumstances, the results of which form the basis for making judgments about the carrying values of assets and liabilities that are not readily apparent from other sources. Actual results may differ from these estimates under different assumptions or conditions.

The accounting policies that we follow are set forth in Note 2 to our financial statements as included in the SEC report filed. These accounting policies conform to accounting principles generally accepted in the United States and have been consistently applied in the preparation of the financial statements.









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