Gulf Resources subsidiary accepts salt land for acquisition from village cooperatives

GULF RESOURCES, INC.

Shouguang Hengde Salt Industry (SHSI) accepted salt land from five village stock economic cooperatives on Dec 30, 2024.
Parties confirmed land meets acquisition criteria and is in anticipated usable condition.
Land has been handed over to SHSI; no financial terms disclosed.
This acceptance advances Gulf Resources' salt production expansion.

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