Gulf Resources, Inc. Provides Updates on Nasdaq Hearing Process

Core Points - Gulf Resources, Inc. is appealing Nasdaq's delisting determination and has provided an update on its common stock trading status [1] - The company received a hearing notification from Nasdaq for a hearing scheduled on December 9, 2025, but believes it has regained compliance with the minimum bid price requirement after a 1-for-10 reverse stock split [2] - Trading of the company's common stock was suspended on November 11, 2025, and the company is working with Nasdaq to resume trading [3][4] Company Overview - Gulf Resources, Inc. operates through four wholly-owned subsidiaries, including Shouguang City Haoyuan Chemical Company Limited, Shouguang Yuxin Chemical Industry Co., Limited, Daying County Haoyuan Chemical Company Limited, and Shouguang Hengde Salt Industry Co. Ltd. [5] - The company is one of the largest producers of bromine in China, with applications in various industries including agriculture and pharmaceuticals [5] - Gulf Resources also manufactures and sells crude salt and is involved in exploring natural gas and brine resources [5]