Mr. Min Li Brings Experience in Finance, Accounting and Management
SHENZHEN, China and NEW YORK, Nov. 13 /Xinhua-PRNewswire-FirstCall/ -- Gulf Resources, Inc. (the "Company") (OTC Bulletin Board: GUFR) a leading producer of Bromine in China, today announced the appointment of Mr. Min Li to its board of directors.
Since December 2006, Mr. Li has served as the Chief Financial Officer of the Company. Since January 2006, Mr. Li has served as Chief Financial Officer for Shouguang City Haoyuan Chemical Company Limited ("SCHC"), which became a wholly owned subsidiary of the Company in December 2006. His contributions to the Company include implementing effective cost controls while increasing capital utilization. From 2004 to 2006, Mr. Li served as Manager of the Financial and Asset Management Department for Shouguang City Yuxin Chemical Company Limited ("SYCI"), and from 2000 to 2004, Mr. Li served as Manager of the Accounting Department for the Yang Kou Branch of the China Construction Bank.
About Gulf Resources, Inc.
Gulf Resources, Inc. operates through two wholly-owned subsidiaries: SCHC which is engaged in manufacturing and trading Bromine, which is used to manufacture a wide variety of compounds utilized in industry and agriculture, and Crude Salt in China, and SYCI which manufactures chemical products utilized in oil & gas field explorations and as papermaking chemical agents. For more information, please visit http://www.gulfresourcesco.com .
Safe Harbor Statement
Certain statements in this news release may contain forward-looking information about Gulf Resources and its subsidiaries business and products within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All forward-looking statements are expressly qualified in their entirety by this Cautionary Statement and the risks factors detailed in the Company's reports filed with the Securities and Exchange Commission.
For more information, please contact:
Company:
Ethan Chuang
Gulf Resources, Inc.
Tel: +1-714-858-1147
Email: Ethan@gulfresourcesco.com
Investors:
Matt Hayden
HC International, Inc.
Tel: +1-858-704-5065
Email: Matt.hayden@hcinternational.net
