Gulf Resources, Inc. · NASDAQ:GURE
Gulf Resources — Corporate Update (June 2022)
11 slides from Gulf Resources's corporate update, Jun 14, 2022
Slide 1: Slide 1
Slide 2: Forward-looking statements
* This presentation contains "forward-looking statements" within the meaning of the “safe-harbor” provisions of the Private Securities Litigation Reform Act of 1995. Such statements involve known and unknown risks, uncertainties and other factors that could cause the actual results of the Companyto
Slide 3: Management view and projections notice
The information in this presentation represents the current view of management for internal planning purposes. The purpose of this presentation is to allow investors to understand how management currently views the risks and opportunities in its business. Like any projections, these just represent m
Slide 4: Shouguang City Haoyuan Chemical Company Limited (Bromine and Crude Salt)
Shouguang City Haoyuan Chemical Company Limited (Bromine and Crude Salt) * There are still too many uncertainties, especially durin this epidemic outbreak period. We do not know what the China epidemic prevention and control policy will be. * Only the four currently opened bromine and crude salt fac
Slide 5: Shouguang Yuxin Chemical Industry Co., Limited (Chemical Products)
Shouguang Yuxin Chemical Industry Co., Limited ( Chemical Products) * The Chemical factory has almost completed its civil works. The company has contacted its suppliers and will have the remainder of the equipment produced and delivered, so it can complete the installation and begin testing and tria
Slide 6: Daying County Haoyuan Chemical Company Limited (Natural Gas)
Daying County Haoyuan Chemical Company Limited (Natural Gas) The company is still waiting for the provincial government of Sichuan to finalize the land and resource planning for Sichuan Province. The company has no assurances on the timing of these plans. Since the government of China has approved t
Slide 7: Bromine prices are expected to remain at high levels
Bromine prices are expected to remain at high levels for the foreseeable future. * World-wide demand remains very strong. * Bromine is being increasingly used in pharmaceuticals, for flame retardants, pesticides, oil and gas drilling, and now in zinc-bromine batteries. * World-wide supply is peaking
Slide 8: Bromine & Crude Salt Utilization
Bromine & Salt (5) 20,455,686 3,804,421 60,611,949 34,049,728 17,877,417 136,799,201 Bromine & Crude Salt Utilization Since 2017, the Haoyuan subsidiary has spent $136,799,201 on capital expenditures for bromine and crude salt. * Some was spent to meet new environmental standards, for new roads and
Slide 9: Bromine & Crude Salt 6 Year Plan
S h ougu a ng City * Based on these assumptions, Gulf expects bromine and + crude salt to be profitable in 2022 and until 2027 based on Haoyuan Chemical Non US-GAAP, Com pany Limited These estimates include an allocation for corporate ( Bromine & Crude Salt- overhead but do not include public compan
Slide 10: About Gulf Resources, Inc.
About Gulf Resources, Inc. Gulf Resources, Inc. operates through three wholly-owned subsidiaries, Shouguang City Haoyuan Chemical Company Limited (""SCHC"), ShouguangYuxin Chemical Industry Co., Limited ("SYCI"), and Daying County Haoyuan Chemical Company Limited ("DCHC”). The Company believes that
Slide 11: Company Contacts
Company Contacts Gulf Resources, Inc. Helen Xu, IR Director beishengrong@vip.163.com Website: www.gulfresourcesinc.com