Company: GURE
Filing Date: 2025-04-11
Form Type: 10-K
Source: 0001193805-25-000461
Chunk: 50

Company: GULF RESOURCES, INC.
Filing Date: 2025-04-11
Form: 10-K
Item: Item 1B
Chunk 50
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 has not experienced a material cybersecurity breach within the last three years, nor identified any risks from cybersecurity
threats that have materially affected us, including our business strategy, results of operations or financial condition.

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Item 2. Properties.

FIGURE 2.1 - REGIONAL MAP
OF MINING PROPERTIES

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FIGURE 2.2 – DETAILED
MAP OF MINING PROPERTIES

We do not own any land, although
we do own some of the buildings on land we lease. Our executive offices are located at Level 11, Vegetable Building, Industrial Park of
the East in Shouguang City, Shandong Province, P.R.C, which also is the headquarters of SCHC, SHSI and SYCI. These offices were purchased
from Shandong Shouguang Vegetable Seed industry Group Co., Ltd.

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SYCI concentrates its efforts
on the production and sale of chemical products that are used in oil and gas field exploration, oil and gas distribution, oil field drilling,
papermaking chemical agents, and manufacture and sell materials that are used for human and animal antibiotics in China. Currently, SYCI
is closed according to the November 2017 Letter and currently under construction at Bohai Marine Fine Chemical Industry Park, Shouguang
City, Shandong Province, China, where SYCI will be relocated to.

DCHC is a registered company exploring
and developing natural gas and brine resources (including bromine and crude salt) in China located in No.14 team, Liguanggou Village,
Tianbao Township, Daying County, Suining City, Sichuan Province, China.

In the first quarter of 2018,
six out of its ten bromine factories completed their rectification process within factory areas (i.e. excluding crude salt field area)
and were approved and scheduled for production commencement by April 2018 as verbally indicated by the local government. The remaining
four factories were still undergoing rectification at that time. Three factories (Factory No. 3, Factory No. 4 and Factory No. 11) had
to be demolished in September 2018 as required by the government and rectification for Factory No. 10 was completed in November 2018.

The Company operates its bromine
and crude salt production facilities through its wholly-owned subsidiary SCHC. SCHC has land use rights to one property (10,790 square
meters, or approximately 3