M&A: GULF RESOURCES, INC.

Form Type: 8-K

Filing Date: 2025-01-06

Corporate Action: Acquisition

Type: New

Accession Number: 000119380525000011

Comments: On December 30, 2024, Gulf Resources, Inc. announced that its wholly owned subsidiary, Shouguang Hengde Salt Industry Co. Ltd (SHSI), successfully completed the acquisition process concerning salt land from several cooperatives. The parties involved confirmed that the provided salt land meets the acquisition criteria, is in usable condition, and has been officially accepted by SHSI. This marks a key development in Gulf Resources' operational strategy in the salt industry sector in China.

Document Link: View Document

Additional details:

Date Of Event Reported: 2024-12-30

Acquisition Party B: Shouguang Hengde Salt Industry Co. Ltd

Acquisition Parties A: ["Shouguang Qingshuibo Farm Co., LTD","Shouguang City Yangkou Town Dingjia Zhuangzi Village Stock Economic Cooperative","Shouguang City Yangkou Town Renjia Zhuangzi Village Stock Economic Cooperative","Shouguang City Yangkou Town Shanjia Zhuangzi Village Stock Economic Cooperative","Shouguang City Yangkou Town Zhengjia Zhuangzi Village Stock Economic Cooperative"]

Salt Land Condition: accepted and handed over