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

Company: GULF RESOURCES, INC.
Filing Date: 2025-04-11
Form: 10-K
Item: Item 1
Chunk 11
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uan Chemical Co., Ltd., or DCHC; and (iv) Shouguang Hengde Salt
Industry Co. Limited, or SHSI, each a PRC company.

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) 5670008. Our
website address is www.gulfresourcesinc.com. The information contained on or accessed through our website is not intended to constitute
and shall not be deemed to constitute part of this Form 10-K.

Recent Regulatory Developments in
China

Because all of our operations
are conducted in China through our wholly-owned subsidiaries, the Chinese government may exercise significant oversight and discretion
over the conduct of our business and may intervene in or influence our operations at any time, which could result in a material change
in our operations and/or the value of our common stock.

Recent statements by the Chinese
government have indicated an intent to exert more oversight and control over offerings that are conducted overseas and/or foreign investments
in China based issuers. Any future action by the Chinese government expanding the categories of industries and companies whose foreign
securities offerings are subject to government review could significantly limit or completely hinder our ability to offer or continue
to offer securities to investors and could cause the value of such securities to significantly decline or be worthless.

Recently, the PRC government initiated
a series of regulatory actions and made a number of public statements on the regulation of business operations in China with little advance
notice, including cracking down on illegal activities in the securities market, enhancing supervision over China-based companies listed
overseas using a variable interest entity structure, adopting new measures to extend the scope of cybersecurity reviews, and expanding
efforts in anti-monopoly enforcement. We do not believe that we are directly subject to these regulatory actions or statements, as we
do not have a variable interest entity structure and our business does not involve the collection of user data, implicate cybersecurity,
or involve any other type of restricted industry. Because these statements and regulatory actions are new, however, it is highly uncertain
how soon legislative or administrative regulation making bodies in China will respond to them, or what existing or new laws or regulations
will be modified or promulgated, if any, or the potential impact such modified or new laws and regulations will have on our daily business
operations or our ability to accept foreign investments and list on an