Gulf Resources temporarily shuts all bromine facilities in Shouguang from Dec 10 to Feb 1 due to government order

GULF RESOURCES, INC.

Received oral notification on Dec 8; all bromine facilities in Shouguang closed Dec 10, 2022 to Feb 1, 2023.
Closure is part of government plan to curb winter air pollution and improve brine resource efficiency.
Company says no significant impact on Q4 2022, full year 2022, or 2023.
2021-2022 closure was Dec 28 to Feb 21, so 2022-2023 closure has fewer days.
Winter is slow bromine sales period; customers closed for Chinese New Year holidays.

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