Gulf Resources, Inc. Announced Governmental Approval for Bromine Factories No. 2 and No.10
Globe Newswire•14/10/2026•08:30 ET
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Key Highlights
- ➤Factories No. 2 and No. 10 approved to resume production by Shouguang government
- ➤Test and trial production expected in Q4 2026
- ➤Factories expected to generate revenue in first half 2027
- ➤Resumption expected to increase annual production capacity by more than 20%
SHOUGUANG, China, Oct. 14, 2026 (GLOBE NEWSWIRE) -- Gulf Resources, Inc. (NASDAQ:GURE) ("Gulf Resources" or the "Company"), a leading manufacturer of bromine and crude salt products in China today announced that it has received approval from the Shouguang Municipal Government to resume production at its Factories No. 2 and No.10.
The Company will immediately begin the preparation work including upgrading some of the facilities of these factories. The Company expects to complete test and trial production in the fourth quarter 2026, and believes these factories will produce revenue in the first half year of 2027.
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