Company: GURE
Filing Date: 2025-07-25
Form Type: DEF 14A
Source: 0001193805-25-001103
Chunk: 24

Company: GULF RESOURCES, INC.
Filing Date: 2025-07-25
Form: DEF 14A
Chunk 24
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| Shitong Jiang |     |             |      — |     |        | — |     |        | — |     |                | — |     |               | — |     |              |      — |
| Yang Zou      |     |             |      — |     |        | — |     |        | — |     |                | — |     |               | — |     |              |      — |
| Tengfei Zhang |     |             |      — |     |        | — |     |        | — |     |                | — |     |               | — |     |              |      — |
| Shengwei Ma   |     |             |      — |     |        | — |     |        | — |     |                | — |     |               | — |     |              |      — |
| Dongshan Wang |     |             |        |     |        | — |     |        | — |     |                | — |     |               | — |     |              |      — |

(1)Represents the dollar amount recognized for financial statement reporting purposes in accordance with FASB ASC 718 – “Compensation
– Stock Compensation.”

Pursuant to
the terms of their director agreements, each of our independent directors, receive 1,000 shares of our restricted common stock on an annual
basis. The grant of restricted common stock is contingent upon the director’s continued service with the Company. We do not pay
any cash compensation to the independent directors.

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.

Certain Relationships and Related Transactions

It is our policy to not enter any transaction (other
than compensation arrangements in the ordinary course) with any director, executive officer, employee, or principal stockholder or party
related to them, unless authorized by a majority of the directors having no interest in the transaction, upon a favorable recommendation
by the Audit Committee (or a majority of its disinterested members).

On September 25, 2012, the Company purchased five
floors of a commercial building in the PRC, through SYCI, from Shandong Shouguang Vegetable Seed Industry Group Co., Ltd. (the “Seller”)
at a cost of approximately $5.7 million in cash, of which