Gulf Resources, Inc. Announces Resignation of Nan Li as Independent Director and as Member of the Audit Committee and Compensation Committee
April 24, 2019 at 04:16 pm EDT
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On April 22, 2019, Mr. Nan Li resigned as an independent director of Gulf Resources, Inc. and as member of the Company’s Audit Committee and Compensation Committee. Mr. Li’s resignation did not result from any disagreement with the Company on any matter relating to the Company’s operations, policies or practices. The Company has initiated the process of finding a new director to fill the vacancy on the board created by the resignation of Mr. Li.
Gulf Resources, Inc. is a holding company. The Company manufactures and trades bromine and crude salt; manufactures and sells chemical products used in oil and gas field exploration, oil and gas distribution, oil field drilling, wastewater processing, papermaking chemical agents and inorganic chemicals, and manufactures and sells materials for human and animal antibiotics. The Company operates in three segments: bromine, crude salt and chemical products. Crude salt is the principal material in alkali production, as well as chlorine alkali production and is used in the chemical, food and beverage, and other industries. Its Chemical products include Hydroxyl guar gum, Demulsified agent, Corrosion inhibitor for acidizing, Bactericide, Iron ion stabilizer, Flocculants agent, Bromopropane, Solid lubricant, Polyether lubricant and Chlorantraniliprole. Its production sites are located in the Shandong Province in northeastern China.
GULF RESOURCES, INC. 
