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Gulf Resources, Inc. (GURE)

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Last Post: 5/2/2019 4:27:17 PM - 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) 05/14/2019 04:14:06 PM
GURE News: Quarterly Report (10-q) 05/13/2019 04:34:12 PM
GURE News: Gulf Resources Reports Q1 2019 Results and Updates on Recent Developments 05/13/2019 04:30:00 PM
GURE News: Gulf Resources Announces Conference Call to Discuss First Quarter 2019 Results 05/08/2019 08:30:00 AM
GURE News: Amended Annual Report (10-k/a) 04/26/2019 04:27:46 PM
PlusOneCoin Top Posts
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#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 $1.43...fast approaching 52 week high... chris20 04/17/19 10:32:00 AM
#312   Yes I don’t think many know about GURE, James salmon 04/11/19 10:37:11 AM
#311   Yes sir! And after waiting two years SakartveloChan 04/11/19 10:27:25 AM
#310   Good to see that they issued a PR James salmon 04/11/19 09:13:38 AM
#309   Yes it’s a start and finally cash generating James salmon 04/02/19 10:01:22 AM
#308   Perfect timing! SakartveloChan 04/02/19 09:46:56 AM
#307   Good news today, 2 of the bromine sites James salmon 04/02/19 08:44:32 AM
#306   Agreed. And from CC they seemed to SakartveloChan 03/30/19 01:38:04 AM
#305   Yes just waiting on those Bromine sites to James salmon 03/29/19 02:17:17 PM
#304   I'm entering. Too low of a price, SakartveloChan 03/29/19 02:14:48 PM
#303   Listened to conference call, it was indicated that James salmon 03/18/19 09:20:37 AM
#302   Somebody wanted some shares in a hurry and James salmon 03/06/19 11:45:31 AM
#301   Oh wow, yeah it's alive! Something up...?? SakartveloChan 03/05/19 11:32:41 AM
#300   Good to see some sudden volume show up, James salmon 03/05/19 10:53:17 AM
#299   'Good ole GURE', they should be able to finesand 02/27/19 12:38:03 PM
#298   Well let’s hope we see news re Bromine James salmon 02/27/19 12:30:14 PM
#297   Missed Insider Option Activity finesand 12/11/18 11:00:29 PM
#296   3Q18 Financials & Progress Update + Chart finesand 12/11/18 10:43:24 PM
#295   0.85 wtf skwong 11/28/18 03:12:37 PM
#294   0.85 wtf skwong 11/28/18 03:11:33 PM
#293   It's dropping down to 0.89. Any thought? skwong 11/26/18 12:18:55 PM
#292   Yes I’m long term. buxcapital 11/26/18 12:17:39 PM
#291   GURE are you holding still skwong 11/26/18 12:06:21 PM
#290   Updated financials and production outlook with latest state. finesand 10/25/18 09:12:40 PM
#289   Looks like GURE has paid to much tax. James salmon 10/24/18 04:40:04 PM
#288   Should be. Although we know they have a lot James salmon 10/19/18 10:54:23 AM
#287   Should be near 2$ 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