Company: GURE
Filing Date: 2025-11-19
Form Type: 10-Q
Source: 0001193805-25-001627
Chunk: 120

Company: GULF RESOURCES, INC.
Filing Date: 2025-11-19
Form: 10-Q
Item: Item 4
Chunk 120
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 listing in other overseas markets
shall be subject to the filing requirement with the CSRC within three working days after the offering is completed or after the relevant
application is submitted to the relevant overseas authorities, respectively. If it is determined that any approval, filing or other administrative
procedures from other PRC governmental authorities is required for any future offering or listing, we cannot assure you that we can obtain
the required approval or accomplish the required filings or other regulatory procedures in a timely manner, or at all. If we fail to fulfill
filing procedure as stipulated by the Trial Measures or offer and list securities in an overseas market in violation of the Trial Measures,
the CSRC may order rectification, issue warnings to us, and impose a fine of between RMB1,000,000 and RMB10,000,000. Persons-in-charge
and other persons that are directly liable for such failure shall be warned and each imposed a fine from RMB500,000 to RMB5,000,000. Controlling
shareholders and actual controlling persons of us that organize or instruct such violations shall be imposed a fine from RMB1,000,000
and RMB10,000,000.

On February 24, 2023, the CSRC published the Provisions
on Strengthening the Confidentiality and Archives Administration Related to the Overseas Securities Offering and Listing by Domestic Enterprises
(the “Provisions on Confidentiality and Archives Administration”), which came into effect on March 31, 2023. The Provisions
on Confidentiality and Archives Administration requires that, in the process of overseas issuance and listing of securities by domestic
entities, the domestic entities, and securities companies and securities service institutions that provide relevant securities service
shall strictly implement the provisions of relevant laws and regulations and the requirements of these provisions, establish and improve
rules on confidentiality and archives administration. Where the domestic entities provide with or publicly disclose documents, materials
or other items related to the state secrets and government work secrets to the relevant securities companies, securities service institutions,
overseas regulatory authorities, or other entities or individuals, the companies shall apply for approval of competent departments with
the authority of examination and approval in accordance with law and report the matter to the secrecy administrative departments at the
same level for record filing. Where there is unclear or controversial whether or not the concerned materials are related to state secrets,
the materials shall be reported to the relevant secrecy administrative departments for determination. However, there remain uncertainties
regarding the further