Gulf Resources, Inc. (NASDAQ:GURE) (“Gulf Resources” or the “Company”), a leading manufacturer of bromine, crude salt and specialty chemical products in China today provides updates on its business operation.
On December 9, 2022, Gulf Resources announced that its all bromine facilities in Shouguang City will be temporarily closed from December 10, 2022 until February 1, 2023 8:00 AM China Time following the notification from the government of Shouguang City . To comply with such notification, the Company had temporarily stopped production at its bromine facilities in Shouguang City during the aforesaid period.
The Company believed the seasonal closure ordered by the government was part of governmental action plan to curb air pollution in the winter and improve the comprehensive development efficiency of brine resources. The company reopened the operating bromine and crude salt factories as planned recently.
After the reopening, it took three to four days for the Company to test the equipment and then began production.
