Company: GURE
Filing Date: 2025-04-11
Form Type: 10-K
Source: 0001193805-25-000461
Chunk: 335

Company: GULF RESOURCES, INC.
Filing Date: 2025-04-11
Form: 10-K
Item: Item 5
Chunk 335
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 into the process safeguards to reduce, though not eliminate, this risk. Management is responsible
for establishing and maintaining adequate internal control over financial reporting for the company.

48 

Management has used the framework
set forth in the report entitled Internal Control—Integrated Framework published by the Committee of Sponsoring Organizations
of the Treadway Commission (2013 framework), known as COSO, to evaluate the effectiveness of our internal control over financial reporting.

A material weakness is a deficiency,
or a combination of deficiencies, in internal control over financial reporting, such that there is a reasonable possibility that a material
misstatement of the Company’s annual or interim financial statements will not be prevented or detected on a timely basis. Based
on such evaluation, our CEO and CFO have concluded that, as of December 31, 2024, our internal controls over financial reporting were
effective.

This annual report does not include
an attestation report of our registered public accounting firm regarding internal control over financial reporting. Management’s
report was not subject to attestation by our registered public accounting firm pursuant to the Dodd Frank Wall Street Reform and Consumer
Protection Act, which permits us to provide only management’s report in this annual report.

(c)Changes in internal controls

Other than as described in (b)
above, there were no changes in our internal control over financial reporting (as such term is defined in Rules 13a-15(f) under the Exchange
Act) during our most recently completed fiscal quarter that have materially affected, or are reasonably likely to materially affect, our
internal control over financial reporting.

(d) Attestation Report of the
Registered Public Accounting Firm

This Annual Report does not include
an attestation report of our registered public accounting firm regarding internal control over financial reporting. As a smaller reporting
company, the management’s report is not subject to attestation by our registered public accounting firm.

Item 9B. Other Information.

None.

Item 9C. Disclosure Regarding Foreign Jurisdictions
that Prevent Inspections.

Not applicable.

PART III

Item 10. Directors, Executive Officers and Corporate
Governance

The following table sets forth certain information about
our executive officers and directors as of the date of this Annual Report.

    Name

    Age

    Position/Title
    
    Has served as company
    director since
  
    Xiaobin Liu
    57
    Chairman, Chief Executive Officer and Director
    March 2009
  
    Naihui Miao
    57