Gulf Resources unit to sell Shouguang Yuxin Chemical for RMB 21.2 million

GULF RESOURCES, INC.

Shouguang City Haoyuan Chemical, a wholly owned subsidiary of Gulf Resources, entered an equity transfer agreement on December 10, 2025.
Shandong Rongyuan Pharmaceutical Co., Ltd. will purchase 100% equity in Shouguang Yuxin Chemical for RMB 21.2 million, payable in instalments through 2028.
First instalment of RMB 2 million due within five days of signing; remaining amounts due after registration and by Dec 31, 2026, 2027, and 2028.
Gulf Resources' board approved the sale, noting the prolonged suspension of Yuxin Chemical's facility and the opportunity to focus on more profitable segments.
After closing, Gulf Resources will no longer retain burdens associated with the Yuxin Chemical facility.

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