Press Releases

Gulf Resources Appoints New Independent Director

Published May 19th, 2009

NEW YORK & SHANDONG PROVINCE, China -- Gulf Resources, Inc. (“Gulf Resources” or the “Company”), a leading manufacturer of bromine, crude salt and specialty chemical products in China, appointed a new independent director to its Board of Directors, effective as of May 13, 2009.


The Board of Directors of Gulf Resources unanimously appointed Ms. Guoqiong Yu to serve as an independent director of the Company. Following this appointment, the Company’s Board of Directors has eight members, of which four are independent.

Ms. Yu has been the Chairman of Shenzhen Xizhong Company, an import and export company specializing in the sales of chemical products since July 2002. From November 1988 to June 2002, Ms. Yu served as the General Manager of Jintian Industrial Group Co., Ltd., a public company listed on the Shenzhen Stock Exchange in China. From November 1981 to October 1988, Ms. Yu was a lecturer in the Department of Chemical Engineering at Hefei University. Ms. Yu earned a bachelor’s degree from the Department of Chemical Engineering at Hefei University.

“We are pleased to welcome Ms. Yu to our Board of Directors. We believe that her professional experience will bring significant contributions to the Company and our shareholders,” said Xiaobin Liu, Chief Executive Officer of Gulf Resources. “Her joining our Board of Directors is a sign of our commitment to further developing our corporate governance and an integral part of our preparations for listing our shares on a senior stock exchange.”

About Gulf Resources, Inc.

Gulf Resources, Inc. operates through two wholly-owned subsidiaries, Shouguang City Haoyuan Chemical Company Limited (“SCHC”) and Shouguang Yuxin Chemical Industry Co., Limited (“SYCI”). The Company believes that it is one of the largest producers of bromine in China. Elemental Bromine is used to manufacture a wide variety of compounds utilized in industry and agriculture. Through SYCI, the Company manufactures chemical products utilized in a variety of applications, including oil & gas field explorations and as papermaking chemical agents. For more information about the Company, please visit

Forward-Looking Statements

Certain statements in this news release contain forward-looking information about Gulf Resources and its subsidiaries business and products within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. The actual results may differ materially depending on a number of risk factors including, but not limited to, the general economic and business conditions in the PRC, future product development and production capabilities, shipments to end customers, market acceptance of new and existing products, additional competition from existing and new competitors for bromine and other oilfield and power production chemicals, changes in technology, the ability to make future bromine asset purchases, and various other factors beyond its control. All forward-looking statements are expressly qualified in their entirety by this Cautionary Statement and the risks factors detailed in the Company's reports filed with the Securities and Exchange Commission. Gulf Resources undertakes no duty to revise or update any forward-looking statements to reflect events or circumstances after the date of this release.

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