Company: GURE
Filing Date: 2025-04-11
Form Type: 10-K
Source: 0001193805-25-000461
Chunk: 540

Company: GULF RESOURCES, INC.
Filing Date: 2025-04-11
Form: 10-K
Item: Item 7A
Chunk 540
---
  
     —  
     —  
     —  
    0 (1) 
     —  
    — 
    —
  
    Min Li, CFO 
     —  
     —  
     —  
     —  
     —  
    0 (1) 
     —  
    — 
    —
  
    Naihui Miao, COO 
     —  
     —  
     —  
     —  
     —  
    0 (1) 
     —  
    — 
    —

(1) Represents the shares of
Common Stock granted, which are subject to the Awardee’s continued service with the Company, the shares of Restricted Stock shall
vest immediately, no longer be subject to restrictions and become transferable pursuant to the terms of the Plan.

57 

Option Exercises and Stock Vested

The following table sets forth aggregate information with
respect to each named executive officer regarding the exercise of stock options, stock appreciation rights, and similar instruments and
the vesting of restricted stock, restricted stock units and similar instruments, for fiscal year 2024.

FISCAL YEAR 2024 OPTION EXERCISES
AND STOCK VESTED

     OPTION AWARDS  
     STOCK AWARDS 

     Number of Shares	  
       
     Number of Shares  

     Name	Acquired on Exercise (#)  
     Value Realized on  Exercise ($)  
     Acquired on Vesting (#)  
     Value Realized onVesting ($) 
  
    Xiaobin Liu, CEO		 
     —  
     —  
     —  
     — 
  
    Min Li, CFO	 
     —  
     —  
     —  
     — 
  
    Naihui Miao, COO		 
     —  
     —  
     —  
     — 

Compensation Committee Interlocks and Insider Participation

We are a smaller reporting company as defined by Rule
12b-2 of the Securities Exchange Act of 1934 and are not required to provide the information under this item.

Compensation of Directors

The following table sets forth information regarding compensation
of each director, excluding our executive directors, Xiaob