Company: GURE
Filing Date: 2025-09-22
Form Type: S-3/A
Source: 0001193805-25-001326
Chunk: 44

Company: GULF RESOURCES, INC.
Filing Date: 2025-09-22
Form: S-3/A
Chunk 44
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 of disinterested directors so directs, by independent legal
counsel in a written opinion, that the facts known to the decision-making party at the time such determination is made demonstrate clearly
and convincingly that such person acted in bad faith or in a manner that such person did not believe to be in or not opposed to the best
interests of the Company.

Neither our Bylaws nor our Articles of Incorporation,
as amended, include any specific indemnification provisions for our officers or directors against liability under the Securities Act.
Additionally, insofar as indemnification for liabilities arising under the Securities Act may be permitted to directors, officers and
controlling persons of the Company pursuant to the foregoing provisions, or otherwise, the Company has been advised that in the opinion
of the Securities and Exchange Commission such indemnification is against public policy as expressed in the Securities Act and is, therefore,
unenforceable.

<div align='center'>26</div>

ITEM 16. EXHIBITS AND FINANCIAL STATEMENT SCHEDULES

| (a) | Exhibits. We have filed the exhibits listed on the accompanying Exhibit Index of this Registration 
 Statement.                                                                                         |

<div align='center'>EXHIBIT INDEX</div>

| Exhibit Number |     | Description                                                                                                                                                            |
| 1.1*           |     | Form of Underwriting Agreement                                                                                                                                         |
| 3.1**          |     | Articles of Incorporation of Gulf Resources Inc. (incorporated herein by reference to Exhibit 3.1 to the Form 8-K filed on December 1, 2015 (File No. 001-34499))      |
| 3.2**          |     | Certificate of Amendment to Articles of Incorporation (incorporated herein by reference to Exhibit 3.1 to the Form 8-K filed on January 28, 2020 (File No. 001-34499)) |
| 3.3**          |     | Bylaws of the Registrant (incorporated herein by reference to Exhibit 3.2 to the Form 8-K filed on December 1, 2015 (File No. 001-34499))                              |
| 4.1*           |     | Form of Common Stock Certificate of the Registrant                                                                                                                     |
| 4.2*           |     | Form of Warrant Certificate of the Registrant                                                                                                                          |
| 4.3*           |     | Form of Warrant Agreement                                                                                                                                              |