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Gulf Resources, Inc. (GURE)

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Last Post: 5/27/2020 9:57:56 AM - Followers: 18 - 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) 05/28/2020 12:10:00 PM
GURE News: Gulf Resources Announces Receipt of Final Approval for Construction of its Shouguang Yuxin Chemical Factory 05/27/2020 08:30:10 AM
GURE News: Current Report Filing (8-k) 05/21/2020 11:14:42 AM
GURE News: Quarterly Report (10-q) 05/20/2020 04:47:52 PM
GURE News: Gulf Resources Announced First Quarter 2020 Results and Provided Business Update on Post Quarter Events 05/20/2020 04:45:10 PM
News News Alert: Current Report Filing (8-k) 05/28/2020 12:10:00 PM
#351   Gulf Resources Announces Receipt of Final Approval for surfer44 05/27/20 09:57:56 AM
#350   Saw that, wondering if they can comply. SakartveloChan 05/22/20 12:24:04 PM
#349   Maybe you need to dig into this a James salmon 05/22/20 12:07:44 PM
#348   Laughable. It's for ALL communist chinese companies. To UpTickMeASAP 05/22/20 12:00:08 PM
#347   No not going to happen, I think Bill James salmon 05/22/20 11:24:33 AM
#345   GURE looking at delisting. UpTickMeASAP 05/22/20 11:02:36 AM
#344   Time to buy before the boom. But SakartveloChan 05/19/20 12:34:36 PM
#343   "...according to Petro china's exploration, the company has SakartveloChan 05/11/20 09:26:31 AM
#342   We have news! SakartveloChan 05/11/20 09:24:59 AM
#341   I have shares. surfer44 04/15/20 11:39:25 AM
#340   Here we go! Anyone else enjoying this party?? SakartveloChan 04/15/20 10:56:07 AM
#339   Compared to 2018, last year looked stellar! SakartveloChan 04/15/20 08:35:18 AM
#338   https://seekingalpha.com/pr/17837047-gulf-resources-announces-audited-financial- SakartveloChan 04/15/20 08:32:56 AM
#337   Gulf Resources, Inc. Announced Bromine Factories #1 and surfer44 04/06/20 09:00:13 AM
#336   http://www.globenewswire.com/news-release/2020/03/09/1997160/0/en/Gulf-Resources SakartveloChan 03/10/20 09:15:34 AM
#335   Gulf Resources Announces the Receipt of Governmental Notification surfer44 02/29/20 12:47:21 AM
#334   Finally, reverse split in effect, compliance should soon SakartveloChan 01/28/20 09:03:43 AM
#333   They still need the $1 share price to comply James salmon 01/09/20 10:36:04 AM
#332   There was another vote on 12/18/2019. boston127 01/09/20 12:51:21 AM
#331   Yes, looks like we’re back and I also SakartveloChan 01/08/20 12:59:08 PM
#330   Great NEWS today. Heading back UP!! boston127 01/08/20 12:02:54 AM
#329   Yes just waiting now on news of the James salmon 05/02/19 04:27:17 PM
#328   Good move. I want to, but decided SakartveloChan 05/02/19 03:52:33 PM
#327   Added some today after this pullback, could get James salmon 05/01/19 11:08:07 AM
#326   Again more buying volume today James salmon 04/18/19 11:34:25 AM
#325   $gure...when $1.50 hits...volume will pick up plenty... chris20 04/17/19 01:22:23 PM
#324   Been doing this a lot recently, buys then James salmon 04/17/19 01:13:08 PM
#323   $gure...$1.47...no sellers insight...bidders will be chasing soon... chris20 04/17/19 01:11:57 PM
#322   $gure..pressure building here as $1.47 continue to fall... chris20 04/17/19 12:39:28 PM
#321   $gure...above average volume..with price on the rise..looks like chris20 04/17/19 12:23:00 PM
#320   Volume the last couple of days has been James salmon 04/17/19 12:15:27 PM
#319   $gure...$1.47 continue to fall.. chris20 04/17/19 12:01:53 PM
#318   $gure...$1.47 getting crushed...$1.50 test on deck... chris20 04/17/19 11:33:33 AM
#317   $gure...only scraps left to $1.50...then the real vol chris20 04/17/19 10:55:20 AM
#316   That will come and more soon enough. Company James salmon 04/17/19 10:50:19 AM
#315   $gure..agreed..excellent news coming it appears from your dd...looking chris20 04/17/19 10:41:08 AM
#314   I expect this run to continue as we James salmon 04/17/19 10:34:54 AM
#313   $gure...loaded $1.43...fast approaching 52 week high... chris20 04/17/19 10:32:00 AM
#312   Yes I don’t think many know about GURE, James salmon 04/11/19 10:37:11 AM
#311   Yes sir! And after waiting two years SakartveloChan 04/11/19 10:27:25 AM
#310   Good to see that they issued a PR James salmon 04/11/19 09:13:38 AM
#309   Yes it’s a start and finally cash generating James salmon 04/02/19 10:01:22 AM
#308   Perfect timing! SakartveloChan 04/02/19 09:46:56 AM
#307   Good news today, 2 of the bromine sites James salmon 04/02/19 08:44:32 AM
#306   Agreed. And from CC they seemed to SakartveloChan 03/30/19 01:38:04 AM
#305   Yes just waiting on those Bromine sites to James salmon 03/29/19 02:17:17 PM
#304   I'm entering. Too low of a price, SakartveloChan 03/29/19 02:14:48 PM
#303   Listened to conference call, it was indicated that James salmon 03/18/19 09:20:37 AM
#302   Somebody wanted some shares in a hurry and James salmon 03/06/19 11:45:31 AM
#301   Oh wow, yeah it's alive! Something up...?? SakartveloChan 03/05/19 11:32:41 AM