Company: GURE
Filing Date: 2025-12-31
Form Type: S-3/A
Source: 0001193805-25-001804
Chunk: 8

Company: GULF RESOURCES, INC.
Filing Date: 2025-12-31
Form: S-3/A
Chunk 8
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 made to Gulf Resources by our subsidiaries. Under the
PRC laws and regulations, our PRC subsidiaries and VIEs are subject to certain restrictions with respect to paying dividends or otherwise
transferring any of their net assets to us. Remittance of dividends by a wholly foreign-owned enterprise out of China is also subject
to examination by the banks designated by SAFE. Furthermore, cash transfers from our PRC subsidiaries to entities outside of China are
subject to PRC government control of currency conversion. Shortages in the availability of foreign currency may temporarily delay the
ability of our PRC subsidiaries to remit sufficient foreign currency to pay dividends or other payments to us, or otherwise satisfy their
foreign currency denominated obligations. For risks relating to the fund flows of our operations in China, see “Item 1A. Risk Factors
— Risks Related to Doing Business in China – We may rely on dividends and other distributions on equity paid by our PRC subsidiaries
to fund any cash and financing requirements we may have, and any limitation on the ability of our PRC subsidiaries to make payments to
us could have a material and adverse effect on our ability to conduct our business.” On page 24 of our most recent annual report
on Form 10-K for the fiscal year ended December 31, 2024.

For the years
ended December 31, 2022, 2023 and 2024, no assets other than cash were transferred through our organization. Although we do not have a
formal cash management policy in place that dictates how funds shall be transferred between the Company, our subsidiaries or investors,
cash transfers are made among the entities based on business needs in compliance of relevant PRC laws and regulations.

We have not
declared or paid any cash dividends, nor do we have any present plan to pay any cash dividends on our ordinary shares in the foreseeable
future. We currently intend to retain most, if not all, of our available funds and any future earnings to operate and expand our business.

Investing in our securities involves a high degree of risk. Before buying any securities, you should carefully read the discussion of the risks of investing in our securities in the section titled “ Risk Factors” beginning on page [6] of this prospectus.

Neither the Securities and Exchange Commission nor any state securities commission has approved or disapproved of these securities or determined if this prospectus is truthful or complete. Any representation to the contrary is a criminal offense.

<div align='center'>The date of this prospectus