Gulf Resources completes ~$50M flood prevention project to protect bromine facilities

GULF RESOURCES, INC.

Project cost approximately $50 million; $47M spent on typhoon repairs in prior six years.
Aims to mitigate future storm-related flooding and reduce long-term repair costs.
May enable drilling in low-lying areas previously unsuitable, potentially increasing utilization.
Board reviewed project with competitive bidding; no personal gains by management or directors.

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