Gulf Resources Website Issues
March 14 2016 - 8:00AM
Gulf Resources, Inc. (Nasdaq:GURE) ("Gulf Resources" or the
"Company" or "GURE"), a leading manufacturer of bromine, crude salt
and specialty chemical products in China, today announced the
explaining letter for its website issues.
In response to requests from shareholders, GURE
is in the process of completely updating and rebuilding its
website.
The Company is aware that it has not been
diligent in keeping its website up to date on all subjects. The new
and improved website will update all of the information needed by
investors and will also include new communication from the
management as well as full information on new projects, including
the acquisition of SCRC and the drilling for natural gas in Sichuan
province.
Unfortunately as we have begun the process of
rebuilding our website, we have encountered a technical problem.
The software we originally used, Joomla 1.0 is no longer supported
by our website provider. To utilize the current PHP version 5.6, we
need to upgrade to Joomla 3.4.
We are working as hard as we can to get the new
software installed and provide investors with all the information
they want.
We recognize that this is an unfortunate time
for this to occur. We will be reporting our 2015 results soon and
will be holding a conference call. It would be an inconvenience for
our investors to attend the webcasting if we are not able to get
the new software installed. But there would still be a link
available for investors to attend our webcasting even though not a
direct link from the company website.
We apologize to our investors for this issue. We
want our investors to know that we are dedicated to providing them
with complete, up-to-date information on our website and that we
will work diligently to get the new website operational and then to
keep it complete and current.
We appreciate your patience and promise to do a
better job of investor communications in the future.
About Gulf Resources, Inc.Gulf Resources, Inc.
operates through three wholly-owned subsidiaries, Shouguang City
Haoyuan Chemical Company Limited ("SCHC"), Shouguang Yuxin Chemical
Industry Co., Limited ("SYCI") and Shouguang City Rongyuan Chemical
Co., Ltd. (SCRC). The Company believes that it is one of the
largest producers of bromine in China. Elemental Bromine is used to
manufacture a wide variety of compounds utilized in industry and
agriculture. Through SYCI, the Company manufactures chemical
products utilized in a variety of applications, including oil and
gas field explorations and as papermaking chemical agents. And SCRC
is a leading manufacturer of materials for human and animal
antibiotics in China and other parts of Asia. For more information,
visit www.gulfresourcesinc.com.
Forward-Looking StatementsCertain statements in
this news release contain forward-looking information about Gulf
Resources and its subsidiaries business and products within the
meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6
under the Securities Exchange Act of 1934, and are subject to the
safe harbor created by those rules. The actual results may differ
materially depending on a number of risk factors including, but not
limited to, the general economic and business conditions in the
PRC, future product development and production capabilities,
shipments to end customers, market acceptance of new and existing
products, additional competition from existing and new competitors
for bromine and other oilfield and power production chemicals,
changes in technology, the ability to make future bromine asset
purchases, and various other factors beyond its control. All
forward-looking statements are expressly qualified in their
entirety by this Cautionary Statement and the risks factors
detailed in the Company's reports filed with the Securities and
Exchange Commission. Gulf Resources undertakes no duty to revise or
update any forward-looking statements to reflect events or
circumstances after the date of this release.
Gulf Resources, Inc.Web:
http://www.gulfresourcesinc.com
Director of Investor RelationsHelen Xu (Haiyan
Xu)beishengrong@vip.163.com
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