Gulf Resources, Inc. ("Gulf Resources" or the "Company") is a leading provider of chemical products in the People's Republic of China ("PRC"). The Company operates through its three wholly-owned subsidiaries; · Shouguang City Haoyuan Chemical Co. Ltd ("SCHC") produces and distributes bromine and crude salt. Bromine is used to manufacture a wide range of compounds utilized in manufacturing industries and in agriculture. Crude salt is a by-product in the bromine extraction process. SCHC is also exploring for natural gas and brine (include bromine and crude salt) in Sichuan Province. · Shouguang Yuxin Chemical Industry Co. Ltd ("SYCI") manufactures chemical products primarily used in oil & gas exploration, papermaking, pesticides, and wastewater treatment.· Shouguang City Rongyuan Chemical Co, Ltd. (“SCRC”) manufactures materials for human and animal antibiotics and sells those products in China as well as in other parts of Asia. · Dayng County Haoyuan Chemical Company Limited ("DCHC") explores and develops natural gas and brine and brine resources in Sichuan province.