Company: GURE
Filing Date: 2025-07-03
Form Type: S-3
Source: 0001193805-25-000970
Chunk: 8

Company: GULF RESOURCES, INC.
Filing Date: 2025-07-03
Form: S-3
Chunk 8
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, our products have been sold only within
the People's Republic of China.

We conduct our business operations in four segments:
bromine, crude salt, chemical products, and natural gas. We manufacture and distribute bromine through our wholly-owned subsidiary, Shouguang
City Haoyuan Chemical Company Limited (SCHC). We also produce crude salt through our subsidiary Shouguang Hengde Salt Industry Co. Ltd
(SHSI). Through our wholly-owned subsidiary, Shouguang Yuxin Chemical Industry Company Limited (SYCI), we manufacture and sell chemical
products used in oil and gas field exploration, papermaking chemical agents, and materials for human and animal antibiotics. Our wholly-owned
subsidiary, Daying County Haoyuan Chemical Company Limited (DCHC), was established to explore and develop natural gas and brine resources
in Sichuan Province, China.

We are one of the largest producers of bromine
in China, as measured by production output. The extraction of bromine in the Shandong Province is limited by the provincial government
to licensed operations, and we hold one such license. Our production sites are located in the Shandong Province in northeastern China,
with facilities strategically positioned near natural brine deposits.

As of December 31, 2024, we employed approximately
367 full-time employees and operated through our wholly-owned subsidiaries in China. Our corporate structure is linear, with Gulf Resources
owning 100% of Upper Class Group Limited, which owns 100% of Hong Kong Jiaxing Industrial Limited, which owns 100% of our Chinese operating
subsidiaries.

CORPORATE INFORMATION

We were originally incorporated in Delaware and
subsequently re-incorporated in Nevada. Our current corporate structure was established through a series of acquisitions beginning in
2006, when we acquired Upper Class Group Limited and its Chinese subsidiaries. In 2007, we acquired Shouguang Yuxin Chemical Industry
Co., Limited to expand our chemical products business. In 2015, we acquired Shouguang City Rongyuan Chemical Co., Ltd to strengthen our
position in materials for human and animal antibiotics manufacturing.

Our executive offices are located at Level 11,
Vegetable Building, Industrial Park of the East in Shouguang City, Shandong Province, P.R.C. Our telephone number is +86 (536) 567-0008.

Our website address is www.gulfresourcesinc.com.
The information