Shouguang City Haoyuan Chemical Company Limited, an indirect wholly owned subsidiary of Gulf Resources, Inc., has agreed to sell its 100% equity interest in Shouguang Yuxin Chemical Industry Co., Limited to Shandong Rongyuan Pharmaceutical Co., Ltd. for a total consideration of RMB 21.2 million, payable in installments through 2028. The decision follows a prolonged suspension of operations at the Yuxin Chemical facility, and the company's board believes the sale will allow it to focus resources on more profitable business segments.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Gulf Resources Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193805-25-001737), on December 15, 2025, and is solely responsible for the information contained therein.