Gulf Resources, Inc. Completes Equity Transfer of Subsidiary
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On December 22, 2025, Gulf Resources, Inc. completed the sale of its subsidiary, Shouguang Yuxin Chemical Industry Co., Limited, to Shandong Rongyuan Pharmaceutical Co., Ltd. for RMB21,228,000 (US $3,002,716). This transaction will enhance Gulf Resources' financial position by recording a gain on the disposal of assets and is expected to streamline operations, allowing the company to focus on its core business areas. The pro forma financials will reflect the removal of the subsidiary's assets and liabilities.
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