Company: GURE
Filing Date: 2025-07-16
Form Type: PRE 14A
Source: 0001193805-25-001026
Chunk: 14

Company: GULF RESOURCES, INC.
Filing Date: 2025-07-16
Form: PRE 14A
Chunk 14
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Shengwei Ma was appointed as a Director on December
18, 2019. Mr. Ma holds a Senior Accountant Certificate. Mr. Ma has extensive experience in financial, accounting and management related
matters.

Code of Ethics

The Board has adopted a code of ethics
applicable to Company’s directors, officers, and employees. The code of ethics is available at Company’s website, www.gulfresourcesinc.com.

Board Meetings

The Board of Directors and its committees held the following
number of meetings during 2024:

| Board of Directors     | 4 |
| Audit Committee        | 4 |
| Compensation Committee | 1 |
| Nominating Committee   | 1 |

Board Committees

Our board of directors has established standing
committees in connection with the discharge of its responsibilities. These committees include an Audit Committee, a Compensation Committee
and a Corporate Governance and Nominating Committee. Our board of directors has adopted written charters for each of these committees.
Copies of the charters are available on our website at www.gulfresourcesinc.com. Our board of directors may establish other committees
as it deems necessary or appropriate from time to time.

Audit Committee

The Audit
Committee is responsible for reviewing the results and scope of the audit, and other services provided by our independent auditors, and
reviewing and evaluating our system of internal controls. Mr. Jiang is the Audit Committee Financial Expert as defined in Item 407(d)(5)
of Regulation S-K promulgated under the Securities Act, and the chair of the Audit Committee. Our Board of Directors has determined that
Messrs. Jiang, Liu and Ma are “independent directors” within the meaning of Rule 10A-3 under the Exchange Act, as determined
based upon the criteria for “independence” set forth in the rules of the NASDAQ Stock Market.

Compensation Committee

The Compensation
Committee is responsible for (a) reviewing and providing recommendations to the Board of Directors on matters relating to employee compensation
and benefit plans, and (b) assisting the Board in determining the compensation of the Chief Executive Officer and making recommendations
to the Board with respect to the compensation of the Chief Financial Officer, other executive officers of the Company and independent
directors. Dongshan Wang, Shitong Jiang and Shengwei Ma are current members of the Compensation Committee. The Compensation Committee
operates under a written charter. Mr. Wang is the Chairman of Compensation Committee.

Nominating and Corporate