Gulf Resources, Inc. (Nasdaq: GURE) ("Gulf Resources" or the
"Company"), a leading manufacturer of bromine, crude salt and
specialty chemical products in China, today announced the unaudited
financial results for the third quarter ended September 30, 2019.
Overview
Before covering the details of the third quarter of 2019, Gulf
Resources would like to review current regulatory situation in
China as well as the clean-up from Typhoon Lekima.
When the bromine industry started in Shouguang City more than 20
years ago, the city granted permission for companies to mine for
bromine and crude salt. Everything we did from that time on was in
accordance with the rules of Shouguang City and the surrounding
counties. As environmental problems in China became more severe,
the Chinese Central Government promulgated a series of national
regulations. Based on the new National Environmental Protection
regulations and requirements from Land Supervision, we believe that
most of the companies in our industry have to submit a series of
rigorous plans, including our factories, even for some of our
bromine factories which have been operating for more than 20 years.
We believe that the Central government intends to strengthen
environmental protection in China by implementing the new national
regulations. However, we believe that this has put a significant
strain on local governments and corporations, which were not
required to have these approvals.
Since the enactment of these regulations, the local governments
have had to work with the provincial governments to develop a
comprehensive plan that limits pollution, protects the environment,
and does not harm workers and farmers. This has been a complex and
extremely difficult task. It has been made more difficult because
many of the processes have continued to change as provincial
governments attempt to meet the requirements of the national
government.
We would now like to briefly review where we are in this
process.
Bromine & Crude Salt
In Shouguang City, all of the bromine producers are working
closely with the local government to develop a comprehensive plan
that will satisfy the requirements of the provincial and national
government. We are pleased with the progress that is being made and
believe that the full plan will be implemented in the near future.
This does not mean that we will definitely receive approval to open
our remaining facilities, but we are confident that the process
will be completed in the near future and that most, if not all, of
our remaining facilities will receive full approvals for
opening.
The task in Shouguang City has been made significantly more
complicated by Typhoon Lekima, which flooded many of the bromine
mines and salt ponds. In addition to the project approval and land
issue for each company, the government has to review the actions of
each company to repair damages caused by the storm. This has put
further stress on the approval process. While we do not believe it
will change the outcome, we believe that the stress on government
officials has caused delays in the final approval process.
In the third Quarter of 2019, Gulf Resources has been working on
the repairs on damages from Typhoon Lekima and has also completed
the construction of new ponds and aqueducts. During the quarter, we
have focused on getting factories #1 and #7 fully repaired soon. We
believe these factories will re-open in December. Winter is a slow
seasonal period for bromine production, because of Chinese New Year
and because some salt products cannot be processed during the
coldest months, we expect to reach normal commercial production
level in these two factories in March next year.
We have also been conducting repairs on factories #4 and
#9. We expect to receive approvals for these two factories
around the end of the year and begin production early next
year.
We have also been conducting repairs on factories #2, #8, and
#10. At this point, we expect to complete the repairs by the end of
the year or early in next year. We do not anticipate major
impediments to receiving government approval for these three
factories and mines.
At the same time, we have been spending a considerable amount of
money drilling new wells. In the third quarter, we paid more than
$25 million drilling new wells. While the capacity of each factory
is fixed, the new wells should enable us to raise our capacity
utilization by 10% basis points. In other words, if current
capacity utilization in a factory is 40%, we should be able to
attain a capacity utilization rate of 50% with these new wells.
This could be extremely significant. Production costs are
relatively fixed. Increases in capacity utilization should flow
straight to our bottom line. Given the current elevated price of
bromine, our business should be more profitable.
Chemicals
The focus on the overall planning and project approval process
has caused delays in the approval to begin construction of our
chemical plant. We have leased land in the designated chemical
industrial park. We have provided the government with a
comprehensive set of plans. We have discussed our plans with
government officials, who have informed us that there are no
technical issues. We are only waiting for the government officials
to have sufficient time to give us their final authorization so we
can begin construction. We are very confident we will receive
approval and begin construction in the first half of next year.
Natural Gas
In Daying County, the situation is a little more complex. We
signed an agreement with the country to explore and develop
potential underground brine water resources in year 2011. Our
initial drilling indicated large deposits of both bromine and
natural gas. There is ample natural gas in Sichuan Province, and
the government has enacted drilling rules, which we are following.
However, the government has also decided that it needs the Mineral
Resources Planning now. This is a reasonable position for the
government to take. The government needs to protect its people and
its environment. However, because we believe we are not the only
company in Sichuan drilling for brine water, we have to wait until
the provincial government has this plan done.
We remain optimistic about the opportunities in Daying County.
However, we are not committing more resources to this project until
the government fully establishes the Mineral Resources
Planning.
Financial Results
Three Months Ended September 30, 2019 Compared to
Three Months Ended September 30, 2018
- Net Revenues for the quarter were $4,548,542 vs. $343,080.
- Cost of Net Revenues were $2,403,532 Vs. $68,456.
- Direct labor and factory overheads incurred during plant shut
down were $3,485,383 Vs. $$5,563,494.
- General and Administrative Expenses were $5,020,215 Vs.
$1,323,933.
- Loss from operations were $6,366,409 Vs. $26,798,917.
- Loss before taxes was $6,299,589 Vs. $26,674,555.
- Income tax expense was $6,729,439 Vs. a benefit of
$7,181,521.
- The Net Loss was $13,029,028 Vs. $19,493,024.
- Net Loss per share was $0.27* Vs. $0.42*.
During the quarter, we had two bromine and crude salt factories
open for 6 weeks until Shandong was hit by Typhoon Lekima. Our
chemical business was not in operation, as we await approval for
our new factory. Our natural gas business was also not in operation
as we await approval by the government of Sichuan Province.
- In the quarter, we paid $46,086,356 on property plant and
equipment. We spent $20,414,511 on building aqueducts and related
facilities. We also spent $25,671,845 in drilling new bromine
wells.
- We finished the quarter with cash of $105,218,569 Vs.
$178,998,935 at 12/31/18. Net cash per share was $2.21 *.
- Net net cash per share (cash minus all liabilities) $1.75*.
Despite our losses and heavy capital expenditures, we are still in
a strong cash position and have sufficient cash to complete our
rectification and build our chemical factory.
- Current assets were $117,124,745, while current liabilities
were $12,213,043.
- Property plant & equipment was $139,548,193 Vs. $82,282,630
at 12/31/18. This reflects are major capital expenditure program to
upgrade our facilities.
- Total assets were $287,946,830, while total liabilities were
only $21,824.141.
- Stockholders’ equity was $266,122,689. Stockholders’ equity per
share equaled $5.59*.
(*These calculations are based on the basic
weighted average number of shares outstanding of 47,583,072
as of September 30,2019)
For greater detail on our financials, please refer to our
10-Q.
“This has obviously been a very difficult time for our company,”
stated Mr. Liu Xiaobin, the CEO of Gulf Resources. “Fortunately, we
entered this period with a large amount of cash and virtually no
liabilities. I am very pleased with what I see happening in
Shouguang City. The government is working closely and very
supportive with the bromine manufacturers. I believe factories #1
and #7 will reopen soon. I believe we will get approval to open
factories #4 and #9 in the very near future, and #2, #8, and #10
should also be operational early next year. The only issue
currently interfering with the construction of our new chemical
factory is the environmental protection certification. Based on
discussions with the government, we believe it is only a matter of
time before this project is underway and we can once again
profitably produce chemicals. As far as the natural gas is
concerned, we are continuing to work with Daying County until
Sichuan Province has the Mineral Resources Planning created.”
“We are committed to better communication with our shareholders.
When anything occurs, we will communicate it,” Mr. Liu continued.
“We will also provide shareholders with our three-year plan, so
they can appreciate the opportunities we will have ahead of us once
our facilities are opened.
“We are also trying our best to keeping our NASDAQ listing,” Mr.
Liu concluded. “We have nominated a new independent director
to fill the vacancy on the board. The new independent
director is expected to be elected at the annual shareholders
meeting scheduled on December 18, 2019. We also have included a
proposal to vote for a reverse stock split at our shareholders
meeting in order to regain compliance with NASDAQ requirements. We
appreciate the support of our long-term shareholders and believe
that we are very close to returning to profitability.”
Conference Call
Gulf Resources' management will host a conference call on
Thursday, November 14, 2019 at 20:00 Eastern Time to discuss
its financial results for the Third quarter 2019 results ended
September 30, 2019.
Mr. Xiaobin Liu, CEO and Mr. Min Li, CFO of Gulf Resources, will
be hosting the call. The Company's management team will be
available for investor questions following the prepared
remarks.
To participate in this live conference call, please dial +1
(877) 407-8031 five to ten minutes prior to the scheduled
conference call time. International callers should dial +1
(201)689-8031. The conference participant pass code
is 13696770.
The webcasting is also available then, just simply click on the
link
below: http://www.gulfresourcesinc.com/events.html
A replay of the conference call will be available two hours
after the call's completion during 11/14/2019 23:00 ET - 11/21/2019
20:00 ET. To access the replay, call +1 (877) 481-4010.
International callers should call +1 (919) 882-2331. The Replay
Passcode is 56826.
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 Daying County Haoyuan Chemical
Company Limited (“DCHC”). 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 papermaking chemical agents, and
materials for human and animal antibiotics. DCHC was established to
further explore and develop natural gas and brine resources
(including bromine and crude salt) in China. For more information,
visit www.gulfresourcesinc.com.
Forward-Looking Statements
Certain 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.
CONTACT: Gulf Resources, Inc.
Web: http://www.gulfresourcesinc.com
Director of Investor RelationsHelen Xu (Haiyan Xu)beishengrong@vip.163.com
|
GULF RESOURCES, INC. |
AND SUBSIDIARIES |
CONDENSED CONSOLIDATED BALANCE SHEETS |
(Expressed in U.S. dollars) |
|
|
September 30, 2019 Unaudited |
|
|
December 31, 2018 Audited |
|
Current Assets |
|
|
|
|
|
|
|
Cash |
$ |
105,218,569 |
|
|
$ |
178,998,935 |
|
Accounts receivable |
|
9,673,967 |
|
|
|
— |
|
Inventories, net |
|
680,650 |
|
|
|
— |
|
Prepayments and deposits |
|
1,375,450 |
|
|
|
8,096,636 |
|
Prepaid land leases |
|
175,550 |
|
|
|
235,459 |
|
Other receivable |
|
559 |
|
|
|
12,506 |
|
Total Current Assets |
|
117,124,745 |
|
|
|
187,343,536 |
|
Non-Current Assets |
|
|
|
|
|
|
|
Property, plant and equipment, net |
|
139,548,193 |
|
|
|
82,282,630 |
|
Finance lease right-of use assets |
|
178,381 |
|
|
|
250,757 |
|
Operating lease right-of –use assets |
|
8,817,327 |
|
|
|
— |
|
Prepaid land leases, net of current portion |
|
8,818,657 |
|
|
|
9,639,009 |
|
Deferred tax assets |
|
13,459,527 |
|
|
|
19,030,858 |
|
Total non-current assets |
|
170,822,085 |
|
|
|
111,203,254 |
|
Total Assets |
$ |
287,946,830 |
|
|
$ |
298,546,790 |
|
|
|
|
|
|
|
|
|
Liabilities and Stockholders’ Equity |
|
|
|
|
|
|
|
Current Liabilities |
|
|
|
|
|
|
|
Payable and accrued expenses |
$ |
3,870,516 |
|
|
$ |
905,258 |
|
Retention payable |
|
3,753,447 |
|
|
|
332,416 |
|
Taxes payable-current |
|
4,020,792 |
|
|
|
1,188,687 |
|
Finance lease liability, current portion |
|
162,132 |
|
|
|
197,480 |
|
Operating lease liabilities, current portion |
|
406,156 |
|
|
|
— |
|
Total Current Liabilities |
|
12,213,043 |
|
|
|
2,623,841 |
|
Non-Current Liabilities |
|
|
|
|
|
|
|
Finance lease liability, net of current portion |
|
1,879,713 |
|
|
|
2,069,545 |
|
Operating lease liabilities, net of current portion |
|
7,731,385 |
|
|
|
— |
|
Total Non-Current Liabilities |
$ |
9,611,098 |
|
|
$ |
2,069,545 |
|
Total Liabilities |
$ |
21,824,141 |
|
|
$ |
4,693,386 |
|
|
|
|
|
|
|
|
|
Stockholders’ Equity |
|
|
|
|
|
|
|
PREFERRED STOCK; $0.001 par
value; 1,000,000 shares authorized; none outstanding |
|
|
|
|
|
|
|
COMMON STOCK; $0.0005 par value; 80,000,000 shares authorized;
47,812,221 and 47,052,940 shares issued; and 47,583,072 and
46,803,791 shares outstanding as of September 30, 2019
and December 31, 2018 |
$ |
23,904 |
|
|
$ |
23,525 |
|
Treasury stock; 229,149 and 249,149 shares as
of September 30, 2019 and December 31, 2018 at cost |
|
(510,329 |
) |
|
|
(554,870 |
) |
Additional paid-in capital |
|
95,043,388 |
|
|
|
95,020,808 |
|
Retained earnings unappropriated |
|
166,937,574 |
|
|
|
185,608,445 |
|
Retained earnings appropriated |
|
24,233,544 |
|
|
|
24,233,544 |
|
Accumulated other comprehensive loss |
|
(19,605,392 |
) |
|
|
(10,478,048 |
) |
Total Stockholders’ Equity |
|
266,122,689 |
|
|
|
293,853,404 |
|
Total Liabilities and Stockholders’ Equity |
$ |
287,946,830 |
|
|
$ |
298,546,790 |
|
See accompanying notes to the condensed consolidated financial
statements. |
|
|
GULF RESOURCES, INC. |
AND SUBSIDIARIES |
CONDENSED CONSOLIDATED STATEMENTS OF LOSS AND COMPREHENSIVE
LOSS |
(Expressed in U.S. dollars) |
(UNAUDITED) |
|
|
Three-Month Period EndedSeptember 30, |
|
|
Nine-Month Period EndedSeptember 30, |
|
|
2019 |
|
|
2018 |
|
|
2019 |
|
|
2018 |
|
|
|
|
|
|
|
|
|
|
|
|
|
NET REVENUE |
|
|
|
|
|
|
|
|
|
|
|
Net revenue |
$ |
4,548,542 |
|
|
$ |
343,080 |
|
|
$ |
10,596,521 |
|
|
$ |
2,594,941 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
OPERATING INCOME
(EXPENSE) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cost of net revenue |
|
(2,403,532 |
) |
|
|
(68,456 |
) |
|
|
(5,430,269 |
) |
|
|
(1,310,272 |
) |
Sales, marketing and other operating expenses |
|
(5,821 |
) |
|
|
(10,112 |
) |
|
|
(12,434 |
) |
|
|
(66,111 |
) |
Write-off/Impairment on property, plant and equipment |
|
- |
|
|
|
(1,397,313 |
) |
|
|
- |
|
|
|
(1,397,313 |
) |
Loss on demolition of factory |
|
- |
|
|
|
(18,644,473 |
) |
|
|
- |
|
|
|
(18,644,473 |
) |
Direct labor and factory overheads incurred during plant
shutdown |
|
(3,485,383 |
) |
|
|
(5,563,494 |
) |
|
|
(10,653,690 |
) |
|
|
(16,948,499 |
) |
General and administrative expenses |
|
(5,020,215 |
) |
|
|
(1,323,933 |
) |
|
|
(8,460,733 |
) |
|
|
(6,021,561 |
) |
Other operating income (loss) |
|
- |
|
|
|
(134,216 |
) |
|
|
- |
|
|
|
(134,216 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(10,914,951 |
) |
|
|
(27,141,997 |
) |
|
|
(24,557,126 |
) |
|
|
(44,522,445 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
LOSS FROM OPERATIONS |
|
(6,366,409 |
) |
|
|
(26,798,917 |
) |
|
|
(13,960,605 |
) |
|
|
(41,927,504 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
OTHER INCOME (EXPENSE) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Interest expense |
|
(34,310 |
) |
|
|
(37,220 |
) |
|
|
(111,530 |
) |
|
|
(123,749 |
) |
Interest income |
|
101,130 |
|
|
|
161,582 |
|
|
|
369,582 |
|
|
|
509,738 |
|
LOSS BEFORE TAXES |
|
(6,299,589 |
) |
|
|
(26,674,555 |
) |
|
|
(13,702,553 |
) |
|
|
(41,541,515 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
INCOME TAX (EXPENSE)
BENEFIT |
|
(6,729,439 |
) |
|
|
7,181,521 |
|
|
|
(4,968,318 |
) |
|
|
10,258,508 |
|
NET LOSS |
$ |
(13,029,028 |
) |
|
$ |
(19,493,034 |
) |
|
$ |
(18,670,871 |
) |
|
$ |
(31,283,007 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
COMPREHENSIVE LOSS: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
NET LOSS |
$ |
(13,029,028 |
) |
|
$ |
(19,493,034 |
) |
|
$ |
(18,670,871 |
) |
|
$ |
(31,283,007 |
) |
OTHER COMPREHENSIVE LOSS |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
- Foreign currency translation adjustments |
|
(8,690,103 |
) |
|
|
(14,738,766 |
) |
|
|
(9,127,344 |
) |
|
|
(19,376,831 |
) |
COMPREHENSIVE LOSS |
$ |
(21,719,131 |
) |
|
$ |
(34,231,800 |
) |
|
$ |
(27,798,215 |
) |
|
$ |
(50,659,838 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
LOSS PER SHARE: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
BASIC AND DILUTED |
$ |
(0.27 |
) |
|
$ |
(0.40 |
) |
|
$ |
(0.39 |
) |
|
$ |
(0.67 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
WEIGHTED AVERAGE NUMBER OF
SHARES: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
BASIC AND DILUTED |
|
47,583,072 |
|
|
|
46,803,791 |
|
|
|
47,241,854 |
|
|
|
46,803,791 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
GULF RESOURCES, INC. |
AND SUBSIDIARIES |
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS |
(Expressed in U.S. dollars) |
(UNAUDITED) |
|
|
Nine -Month Period Ended September 30, |
|
|
2019 |
|
|
2018 |
|
|
|
|
|
|
|
CASH FLOWS FROM OPERATING
ACTIVITIES |
|
|
|
|
|
Net loss |
$ |
(18,670,871 |
) |
|
$ |
(31,283,007 |
) |
Adjustments to reconcile net
loss to net cash provided (used by) operating activities: |
|
|
|
|
|
|
Interest on finance lease obligation |
|
111,020 |
|
|
|
123,352 |
|
Amortization of prepaid land leases |
|
- |
|
|
|
546,767 |
|
Depreciation and amortization |
|
10,599,011 |
|
|
|
14,177,727 |
|
Write-off/Impairment loss on property, plant and equipment |
|
- |
|
|
|
1,397,313 |
|
Loss on demolition of factory |
|
- |
|
|
|
18,644,473 |
|
Unrealized exchange gain on inter-company balances |
|
(778,420 |
) |
|
|
(1,374,315 |
) |
Deferred tax asset |
|
4,968,318 |
|
|
|
(10,258,506 |
) |
Common stock issued for services |
|
21,600 |
|
|
|
- |
|
Issuance of stock options to employee |
|
45,900 |
|
|
- |
|
Changes in assets and
liabilities: |
|
|
|
|
|
|
Accounts receivable |
|
(9,962,625 |
) |
|
|
29,847,286 |
|
Inventories |
|
(700,476 |
) |
|
|
1,148,833 |
|
Prepayments and deposits |
|
(28,577 |
) |
|
|
4,944 |
|
Other receivables |
|
11,794 |
|
|
|
(11,289 |
) |
Payable and accrued expenses |
|
2,708,456 |
|
|
|
(211,728 |
) |
Retention payable |
|
- |
|
|
|
(312,429 |
) |
Taxes payable |
|
(437,560 |
) |
|
|
541,241 |
|
Operating lease |
|
(208,210 |
) |
|
|
- |
|
Net cash (used in)
provided by operating activities |
|
(12,320,640 |
) |
|
|
22,980,662 |
|
|
|
|
|
|
|
|
CASH FLOWS USED IN INVESTING
ACTIVITIES |
|
|
|
|
|
|
Additions of prepaid land
leases |
|
- |
|
|
|
(684,627 |
) |
Purchase of property, plant
and equipment |
|
(57,317,368 |
) |
|
|
(11,412,848 |
) |
Net cash used in
investing activities |
|
(57,317,368 |
) |
|
|
(12,097,475 |
) |
|
|
|
|
|
|
|
CASH FLOWS USED IN FINANCING
ACTIVITIES |
|
|
|
|
|
|
Repayment of finance lease
obligation |
|
(275,506 |
) |
|
|
(294,295 |
) |
Net cash used in
financing activities |
|
(275,506 |
) |
|
|
(294,295 |
) |
|
|
|
|
|
|
|
EFFECTS OF EXCHANGE RATE
CHANGES ON CASH AND CASH EQUIVALENTS |
|
(3,866,852 |
) |
|
|
(11,249,711 |
) |
NET DECREASE IN CASH AND CASH
EQUIVALENTS |
|
(73,780,366 |
) |
|
|
(660,819 |
) |
CASH AND CASH EQUIVALENTS -
BEGINNING OF PERIOD |
|
178,998,935 |
|
|
|
208,906,759 |
|
CASH AND CASH EQUIVALENTS -
END OF PERIOD |
$ |
105,218,569 |
|
|
$ |
208,245,940 |
|
|
|
|
|
|
|
|
|
SUPPLEMENTAL DISCLOSURE OF
CASH FLOW INFORMATION |
|
|
|
|
|
|
|
Cash paid during the periods
for: |
|
|
|
|
|
|
|
Income taxes |
$ |
- |
|
|
$ |
- |
|
Operating right-of-use assets
obtained in exchange for lease obligations |
$ |
8,241,818 |
|
|
$ |
- |
|
SUPPLEMENTAL DISCLOSURE OF NON-CASH INVESTING AND FINANCING
ACTIVITIES |
|
|
|
|
|
|
|
Purchase of Property, plant and equipment included in Retention
payable and taxes payable |
$ |
7,116,066 |
|
|
$ |
- |
|
Par value of common stock issued upon cashless exercise of
options |
$ |
379 |
|
|
$ |
- |
|
|
|
|
|
|
|
|
|
Gulf Resources (NASDAQ:GURE)
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From May 2024 to Jun 2024
Gulf Resources (NASDAQ:GURE)
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From Jun 2023 to Jun 2024