Company: GURE
Filing Date: 2025-04-11
Form Type: 10-K
Source: 0001193805-25-000461
Chunk: 54

Company: GULF RESOURCES, INC.
Filing Date: 2025-04-11
Form: 10-K
Item: Item 1B
Chunk 54
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 The number of remaining years to expiration of the of the land lease as of December 31, 2024
    16.7 Years
  
    Prior Fees Paid for Land Use Rights
    Not applicable
  
    Annual Rent
    RMB172,500 (increase 5% per year)
  
    Mining Permit No.:
    Under application

    Property
    Factory No. 7 (originally named as No. 5)– Wangjiancai
  
    Area
    2,165 acres
  
    Date of Acquisition
    October 25, 2007
  
    Land Use Rights Lease Term
    Fifty Years
  
    Land Use Rights Expiration Date
    2054
  
    The number of remaining years to expiration of the of the land lease as of December 31, 2024
    30 Years
  
    Annual Rent
    RMB176,441
  
    Prior Fees Paid for Land Use Rights
    RMB8.3 million
  
    Mining Permit No.:
    Under application, written consent obtained from local land and resources departments

    Property
    Factory No. 7 – Qiufen Yuan
  
    Area
    1,611 acres
  
    Date of Acquisition
    January 7, 2009
  
    Land Use Rights Lease Term
    Fifty Years
  
    Land Use Rights Expiration Date
    2059
  
    The number of remaining years to expiration of the of the land lease as of December 31, 2024
    34.17 Years
  
    Prior Fees Paid for Land Use Rights
    Not applicable
  
    Annual Rent
    RMB171,150 (increase 5% per two years)
  
    Mining Permit No.:
    C3707002009056220022340
  
    Date of Permission:
    July 2018, subject to renewal per three years
  
    Period of Permission:
    Three year

31 

    Property
    Factory No. 8 – Fengxia Yuan
  
    Area
    2,723 acres
  
    Date of Acquisition
    September 7, 2009
  
    Land Use Rights Lease Term
    Fifty Years
  
    Land Use Rights Expiration Date
    2059
  
    The number of remaining years to expiration of the of the land lease as of December 31, 2024
    34.66 Years
  
    Prior Fees Paid for Land Use Rights
    Not applicable
  
    Annual Rent
    RMB347,130 (increase