Gulf Resources, Inc. (NASDAQ:GURE) Files An 8-K Other EventsItem 8.01 Other Events.
On November 30, 2017, Gulf Resources, Inc. (the “Company”), issued a press release announcing notification from the People’s Government of Yangkou Town, Shouguang City that the Company will be required to relocate the chemical factories of its subsidiary, Shouguang Yuxin Chemical Industry Co., Limited, to a newly designated chemical industrial park as part of the rectification and improvement in order to meet the new safety production and environmental rules in China.
A copy of the press release, the letter from the local Chinese government to Shouguang Yuxin Chemical Industry Co., Limited and an English translation of the letter are furnished as Exhibits 99.1, 99.2 and 99.3 hereto.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
GULF RESOURCES, INC. ExhibitEX-99.1 2 e617520_ex99-1.htm Exhibit 99.1 Gulf Resources Provides Updates on its Chemical Business SHOUGUANG,…To view the full exhibit click here
About Gulf Resources, Inc. (NASDAQ:GURE)
Gulf Resources, Inc. is a holding company. The Company manufactures and trades bromine and crude salt; manufactures and sells chemical products used in oil and gas field exploration, oil and gas distribution, oil field drilling, wastewater processing, papermaking chemical agents and inorganic chemicals, and manufactures and sells materials for human and animal antibiotics. The Company operates in three segments: bromine, crude salt and chemical products. Crude salt is the principal material in alkali production, as well as chlorine alkali production and is used in the chemical, food and beverage, and other industries. Its Chemical products include Hydroxyl guar gum, Demulsified agent, Corrosion inhibitor for acidizing, Bactericide, Iron ion stabilizer, Flocculants agent, Bromopropane, Solid lubricant, Polyether lubricant and Chlorantraniliprole. Its production sites are located in the Shandong Province in northeastern China.
