Gulf Resources, Inc.
NASDAQ Global SelectCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Company Description
- CEO
- Xiaobin Liu
- Full Time Employees
- 355
- Sector
- Basic Materials
- Industry
- Chemicals
- Address
- Vegetable Building Shouguang SD People's Republic of China 262700
- IPO Date
- Oct 23, 2006
- CIK
- 0000885462
- Website
- gulfresourcesinc.com
- Similar Companies
- Business
- Gulf Resources, Inc. manufactures and trades bromine and crude salt in the People's Republic of China through its subsidiaries. The company operates four principal segments: bromine production for use in manufacturing compounds serving pharmaceuticals, agriculture, water treatment, flame retardants, fumigants, dyes, medicines and disinfectants; crude salt extraction and sales; chemical products including agents for oil and gas field exploration, distribution, drilling, pesticides, paper manufacturing and antibiotics for human and animal use; and natural gas production and trading. It sells primarily to industrial customers in Shandong Province and maintains four operational factories with three additional facilities awaiting government approval. Gulf Resources, Inc., originally incorporated in Nevada in 1993 and headquartered at Level 11, Vegetable Building, Industrial Park of the East City, Shouguang City, Shandong Province, China, focuses on bromine-rich underground brine resources and integrated chemical and energy operations. In recent developments, the company completed the acquisition of five salt fields totaling 5,141,000 square meters for RMB 280,762,400 (approximately $39 million) in June 2024 through its subsidiary Shouguang Hengde Salt Industry Co. Ltd., with 80% paid in cash and 20% in stock, aiming to boost crude salt output and enable new bromine wells with expected cash returns in four to five years; management deferred chemical plant equipment deliveries to prioritize this expansion amid China's economic recovery.
Company News
Gulf Resources, Inc. Receives NASDAQ Notice to Late Filing of Its Quarterly Report
Gulf Resources Announces International Expansion Plan and Strategic Cooperation Agreement with a Brazilian company, Montes Verdes Participacoes Ltda.
Gulf Resources, Inc. Receives NASDAQ Notice to Late Filing of Its Quarterly Report
Gulf Resources, Inc. Receives NASDAQ Notice to Late Filing of Its Annual Report
Gulf Resources (NASDAQ:GURE) Shares Pass Above 200-Day Moving Average – Should You Sell?
Gulf Resources Explained Delay in Filing Its 10-K for 2025
Gulf Resources (NASDAQ:GURE) Share Price Crosses Above 200 Day Moving Average – Time to Sell?
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Gulf Resources, Inc. Regains Compliance with Nasdaq Listing Requirements
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Gulf Resources, Inc. Announces Reverse Stock Split
Gulf Resources, Inc. Announces Second Quarter 2025 Unaudited Financial Results
Gulf Resources Announces First Quarter 2025 Unaudited Financial Results
Gulf Resources Provides Business Update on Bromine Segment
Gulf Resources Announces Press Release Regarding Acquisition of Salt Fields
Gulf Resources Provides Detailed Overview of the Economics of its Bromine Segment