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Gulf Resources, Inc. (GURE)

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Last Post: 12/11/2018 11:00:29 PM - Followers: 21 - Board type: Free - Posts Today: 0


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Business Summary  

Gulf Resources, Inc., together with its subsidiaries, manufactures and trades in bromine and crude salt products in the People?s Republic of China. It operates in three segments: Bromine, Crude Salt, and Chemical Products. The Bromine segment provides bromine used in brominated flame retardants, fumigants, water purification compounds, dyes, medicines, and disinfectants; and bromine compounds for industry and agriculture, as well as to form intermediates in organic synthesis. The Crude Salt segment offers crude salt for chemical, food and beverage, and other industries. The Chemical Products segment manufactures and sells chemical products, such as hydroxyl guar gums, demulsified agents, corrosion inhibitors for acidizing, bactericides, chelants, iron ion stabilizers, clay stabilizing agents, flocculants agents, remaining agents, bromopropane, additive products, solid lubricants, polyether lubricants, benzaldehyde dibromide, chlorantraniliprole, and expanding agents for oil and gas field exploration, oil and gas distribution, oil field drilling, wastewater processing, papermaking chemical agents, and inorganic chemicals. The company is also involved in the research and development of commonly used chemical products, as well as medicine intermediates. Gulf Resources, Inc. is headquartered in Shouguang, the People's Republic of China.

Shares Outstanding: 38.73M
Float: 25.33M

Corporate Video:

Shaping China's Bromine and Specialty Chemical Product Industry
Gulf Resources is a leading provider of bromine, crude salt and a portfolio of various specialty chemicals throughout China.
Our products are necessary components for China's flourishing oil and papermaking industries.

"We are a class-one certified supplier of oil and gas exploration chemicals for China's two largest oil and petrochemical companies, China Petroleum & Chemical Corporation (SINOPEC) and PetroChina Company Limited (CNPC).
In addition to major oilfields, our chemical products are distributed primarily to China's largest domestic papermaking manufacturers."

"We have recently successfully developed and commenced production of environmentally friendly oil and gas exploration chemicals.
The production process includes more sophisticated filters and purification techniques, generating a less harmful end product and less toxic residue."
The Company operates through its two wholly-owned subsidiaries:
Shouguang City Haoyuan Chemical Co. Ltd (SCHC), which primarily produces and distributes bromine and crude salt;
and Shouguang Yuxin Chemical Industry Co. Ltd (SYCI), which focuses on manufacturing and selling chemical products.
SCHC produces and distributes bromine and crude salt in China. SCHC is one of few licensed bromine producers and is the largest in China and fourth largest in the world.
Elemental Bromine is a chemical element that is used in the refrigeration, pharmaceutical, agrochemical, and oil field industries.
China's domestic market is large and growing and the country currently produces roughly 80% of all the bromine consumed domestically.
Gulf Resources expects to capitalize on the growing demand for bromine with its access to non-reserve mineralized materials in Shouguang, China.

SYCI produces and distributes chemical products and agents used in oil and gas field exploration and distribution, oil field drilling, and in the papermaking industry.
The company services large customers such as SINOPEC and China National Petroleum Corporation.
A strong customer base, material growth drivers and proprietary product introductions provide a diversified platform for growth.

Gulf Resources’ common stock started trading on the NASDAQ Global Select Markets in October 2009.
Chairman and CEO Ring Closing Bell 10-27-09 (video below)
Corporate website: http://www.gulfresourcesinc.cn/
Investor Relations: http://www.ccgir.com/
Matthew Sheldon
(310) 954-1346
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GURE News: Current Report Filing (8-k) 01/03/2019 06:19:40 AM
GURE News: Gulf Resources Announces the Commencement of Trial Production at its First Natural Gas Well in Sichuan Province 12/31/2018 08:30:00 AM
GURE News: Gulf Resources Provides Update to Operations 12/17/2018 08:30:00 AM
GURE News: Statement of Changes in Beneficial Ownership (4) 12/04/2018 05:46:04 PM
GURE News: Statement of Changes in Beneficial Ownership (4) 12/04/2018 05:43:30 PM
PlusOneCoin Top Posts
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#296  Sticky Note 3Q18 Financials & Progress Update + Chart finesand 12/11/18 10:43:24 PM
#297   Missed Insider Option Activity finesand 12/11/18 11:00:29 PM
#296   3Q18 Financials & Progress Update + Chart finesand 12/11/18 10:43:24 PM
#295   0.85 wtf skwong 11/28/18 03:12:37 PM
#294   0.85 wtf skwong 11/28/18 03:11:33 PM
#293   It's dropping down to 0.89. Any thought? skwong 11/26/18 12:18:55 PM
#292   Yes I’m long term. buxcapital 11/26/18 12:17:39 PM
#291   GURE are you holding still skwong 11/26/18 12:06:21 PM
#290   Updated financials and production outlook with latest state. finesand 10/25/18 09:12:40 PM
#289   Looks like GURE has paid to much tax. James salmon 10/24/18 04:40:04 PM
#288   Should be. Although we know they have a lot James salmon 10/19/18 10:54:23 AM
#287   Should be near 2$ soon buxcapital 10/18/18 10:42:19 PM
#286   The spike in volume could be a precursor James salmon 10/18/18 01:02:24 PM
#285   What news? Earning on 11/12 skwong 10/18/18 10:09:45 AM
#284   I bought yesterday after it pulled back on James salmon 10/18/18 09:28:33 AM
#283   I agree. We saw what can happen SakartveloChan 10/18/18 09:09:57 AM
#282   I am expecting news any day, with this James salmon 10/18/18 08:20:43 AM
#281   about time indeed. finesand 10/18/18 12:50:11 AM
#280   Interesting up in volume today James salmon 10/17/18 01:23:04 PM
#279   Hibernation Uptrend Mode (o8> finesand 08/25/18 08:10:21 PM
#278   2Q18 ER & CC Value Update finesand 08/13/18 07:54:43 PM
#277   Value Update & More finesand 08/10/18 09:13:13 AM
#276   ER 8/13 BMO; $2 EPS in 2020 and finesand 08/08/18 09:07:09 AM
#275   Thanks, I'll take a look. I definitely SakartveloChan 07/25/18 02:17:53 PM
#274   both has been discussed indeed, see last CCs. finesand 07/24/18 12:47:51 PM
#273   I agree, great potential. My question is SakartveloChan 07/24/18 11:31:16 AM
#272   A Quick Outline (update) finesand 07/24/18 11:01:12 AM
#271   Updated blog's charts and accurate $2.94/sh net-net asset value finesand 07/23/18 11:36:47 PM
#270   nice reversal, anticipation finesand 07/21/18 06:18:37 AM
#269   James- yes, saw that .. also posted in finesand 07/20/18 02:04:04 PM
#268   Bromine prices have been increasing in China. http://www.sunsirs.com/uk/prodeta James salmon 07/20/18 11:42:31 AM
#267   A Quick Outline finesand 07/11/18 10:03:47 PM
#266   Generous Napkin Net Net Positive $2.45/sh - $4.78/sh finesand 07/10/18 07:10:53 PM
#265   GURE Chart grabbed some $1.39 today...looks like china bUrRpPPP! 06/22/18 03:57:42 PM
#264   gets past resistance then its $2 imo...GLTA Golden_Cross 03/12/18 10:48:11 PM
#263   GURE cheat sheet Golden_Cross 03/12/18 10:45:45 PM
#262   Money flow coming in Golden_Cross 03/12/18 10:44:43 PM
#261   RSI Breaking up to power zone Golden_Cross 03/12/18 10:44:23 PM
#260   Information about SCEI- Ren is in jail in rj44 02/08/18 10:04:23 AM
#259   There is a GURE share holders group that rj44 01/16/18 10:47:58 AM
#258   Sell, Hurricane willlbone 09/07/17 03:55:52 PM
#257   "Shareholders’ Equity increased 8.9%* to $8.13* per diluted alexander77 08/11/17 05:22:30 PM
#256   Reasons? JCB5 07/21/17 10:03:55 AM
#255   This will surge today Runners123 07/21/17 09:27:06 AM
#254   Keep an eye on BP. They are snagging Windsortrader519 09/02/16 09:56:49 AM
#253   GULF RESOURCES' (GURE) CEO Xiaobin Liu on Q2 damondon 08/12/16 03:00:03 AM
#252   See higher damondon 08/11/16 09:16:56 AM
#251   Going higher damondon 07/25/16 10:39:01 PM
#250   China halt is not relevant as Gure is Windsortrader519 01/20/16 08:59:23 AM
#249   That is quite concerning. Was he aware of avlnco 01/08/16 07:41:13 PM
#248   Director sold all of his shares at 1.7 realfast95 11/25/15 07:18:07 AM