Company: GURE
Filing Date: 2025-04-11
Form Type: 10-K
Source: 0001193805-25-000461
Chunk: 165

Company: GULF RESOURCES, INC.
Filing Date: 2025-04-11
Form: 10-K
Item: Item 3
Chunk 165
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The following table shows the
annual crude salt produced and sold for each of our production facilities and the weighted average price received for all products sold
for the last two years.

    2024 

    2023 

    Crude Salt 
    Produced 
    Sold 
    Selling price 
    Produced 
    Sold 
    Selling price
  
    Facility 
    (in tons) 
    (in tons) 
    (RMB/ton) 
    (in tons) 
    (in tons) 
    (RMB/ton)
  
    Factory No. 1 
     1,090  
     1,090  
     214  
     1,750  
     3,250  
     216 
  
    Factory No. 2 
     3,850  
     6,153  
     194  
     5,930  
     6,650  
     238 
  
    Factory No. 7* (Originally Named as No. 5 and No. 7) * 
     28,960  
     31,694  
     185  
     42,160  
     41,280  
     215 

    Factory No. 8 
     20,000  
     20,000  
     200  
     23,900  
     23,900  
     205 
  
    Factory No. 9 
     15,380  
     18,353  
     181  
     20,440  
     22,021  
     221 
  
    Total 
     69,280  
     77,290  
        
     94,180  
     97,101  

*Bromine production for Factory No. 5 and Factory No. 7 were combined in early 2010 as both factories
are located adjacent to each other, and renamed Factory No. 5 (which was previously considered part of Factory No. 7) as Factory No. 7
on May 2019

Our SYCI’s production facilities did not produce or
sold any chemical products for the last two years.

Item 3. Legal Proceedings.

We are currently not a party to
any legal or administrative proceedings and are not aware of any pending or threatened legal or administrative proceedings against