Press Releases

Gulf Resources Presented at The World Money Show Hong Kong

Published Mar 19th, 2009

NEW YORK & SHANDONG PROVINCE, China -- Gulf Resources, Inc. (OTCBB: GFRE) (“Gulf Resources” or the “Company”), a leading manufacturer of bromine, crude salt and specialty chemical products in China, today announced that the Company’s recently appointed Chief Executive Officer, Xiaobing Liu, gave a presentation at the World Money Show Hong Kong, 17-19 March 2009.

In his presentation, Mr. Liu introduced the Company’s product mix, manufacturing facilities and resources, and financial performance. He mentioned that the Company is the largest bromine producer in Shandong province, China, which is one of three global regions with significant bromine reserves. He also specifically emphasized that Gulf Resources’ future expansion strategy will mainly focus on capturing a larger market share based on consolidation of bromine resources and streamlining of distribution, in addition to strengthening the Company’s oil and gas exploration chemical business and developing other high-end brominated products.

“I’m honored and pleased to give my first presentation to the investment community as Chief Executive Officer of Gulf Resources. I am also glad to see that our Company has received a gratifying level of attention from investors,” said Mr. Liu. “Other than making decisions regarding our daily operations and executing the Company’s strategic plans, I always believe that the efforts to increase communications with investors, customers, and business partners will help us to deliver on our commitment of enhancing transparency and visibility in the marketplace.”

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 the People’s Republic of 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, please visit www.gulfresourcesinc.cn.

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.

Copyright © 2020 Gulf Resources, Inc. All rights reserved.  No part of this website may be reproduced.