Gulf Resources (GURE)
Extracts bromine and crude salt from Shandong brine for Chinese industry.
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Extracts elemental bromine and crude salt from Shandong brine for PRC industrial customers, with bromine as the core revenue-producing operation. A U.S.-listed holding structure oversees China-only operations, while production depends on licenses, government operating windows, and local brine access.
Produces elemental bromine and crude salt from brine in Shandong, China, selling through an in-house team to recurring domestic industrial customers. Bromine feeds flame retardants, fumigants, water-treatment compounds, dyes, medicines, disinfectants, and organic-synthesis intermediates; crude salt supplies alkali and chlor-alkali production along with chemical, food, and beverage uses.
Operates through a U.S.-listed holding structure with BVI and Hong Kong entities above the China subsidiaries. Price, product quality, delivery performance, supplier relationships, and access to local brine deposits shape competition. Production operates within annual licensing reviews and government-directed windows, while the Sichuan gas-and-brine project remains suspended pending approvals.
All disclosed sales and customers are in China, with revenue received substantially in renminbi and PRC rules constraining currency conversion, offshore remittances, and subsidiary dividends.
Company facts
No analyst consensus on record.
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Mar 31, 2026Cash & short-term investments $6.5M · Total debt $17.8M · Total assets $132.8M · Shareholders' equity $109.9M
- Revenue
- $2.4M
- Operating income
- −$1.3M
- Net income
- −$3.9M
No dividends on record.
| Institutions | 3.42% | 47.3K shares | |
|---|---|---|---|
| 8 holders · as of Jun 30, 2026 | |||
| Insiders | 9.65% | 133.3K shares | |
| 7 holders · as of Nov 24, 2025 | |||
| Other | 86.93% | 1.20M shares | |
| remainder | |||
1.38M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
Min LiInsiderofficer: Chief Financial Officer | 3.17% | 43,812 | filed Nov 24, 2025 |
Xiaobin LiuInsiderdirector, officer: Chief Executive Officer | 3.17% | 43,812 | filed Nov 24, 2025 |
Naihui MiaoInsiderdirector, officer: COO & Secretary | 3.17% | 43,812 | filed Nov 24, 2025 |
Citadel Advisors LLCInstitution | 2.35% | 32,538 | as of Jun 30, 2026 |
Two Sigma Investments, LPInstitution | 1.06% | 14,652 | as of Jun 30, 2026 |
Insider tradesForm 4
No open-market trades in the last 12 months.




