|GURE is ripe for takeover. really?|
Gulf Resources, Inc. is a holding company. The Company, through its subsidiaries, engaged in manufacturing and trading bromine and crude salt, and manufacturing and selling chemical products used in oil and gas field exploration, oil and gas distribution, oil field drilling, wastewater processing, papermaking chemical agents and inorganic chemicals. The Company operates in three segments, including bromine, crude salt and chemical products. The Company conducts operations through its two wholly owned China subsidiaries, Shouguang City Haoyuan Chemical Company Limited (SCHC) and Shouguang Yuxin Chemical Industry Company Limited (SYCI). Through SCHC, the Company produces and sells bromine and crude salt. Through SYCI, the Company manufactures and sells chemical products.