{"success":true,"data":{"pressRelease":{"id":"128187","rtpr_id":"nGNX1Tp7Wk","ticker":"GURE","exchange":"NASDAQ","all_tickers":["GURE"],"title":"Gulf Resources Announces International Expansion Plan and Strategic Cooperation Agreement with a Brazilian company, Montes Verdes Participacoes Ltda.","author":"Globe Newswire","published_at":"2026-08-26T12:30:00.501Z","article_body":"SHOUGUANG, China, Aug. 26, 2026 (GLOBE NEWSWIRE) -- Gulf Resources, Inc.\n(Nasdaq: GURE) (\"Gulf Resources\", “we”, or the \"Company\"), a leading\nmanufacturer of bromine and crude salt in China today issued a press release,\nwhich relates to its international expansion plan and Strategic Cooperation\nAgreement (“Agreement”) with a Brazilian company, Montes Verdes\nParticipacoes Ltda. (“Montes Verdes”), entered into on August 20, 2026.\n\nOver the past decade, it has become clear to the management of Company that\nits position as a U.S. listed Chinese company and its focus on the domestic\nmarket has been negatively influenced the price of its stock. Now that bromine\nprices are rising sharply, the Company has decided that international\nexpansion will best serve the interests of its shareholders and team members.\n\nAccordingly, Company announced its plan to enter into a strategic cooperation\nagreement with a Brazilian company, Montes Verdes Participacoes Ltda.\n\nMontes Verdes is a Brazilian mining company specializing in the exploration of\ngold, manganese, lithium, bromine and rare-earth minerals, as well as\nvegetable seed breeding and fertilizer. Montes Verdes has extensive resources.\nGulf Resources has technology and experience extracting and producing these\nresources.\n\nUnder the strategic agreement, the two companies will establish a joint\nventure company to integrate their respective industrial resources,\ntechnological strengths, market channels and operating capabilities to build a\nscalable international business. Through this in-depth strategic cooperation,\nthe parties intend to optimize Gulf’s industrial footprint, broaden overseas\nprofit channels, strengthen Gulf’s core competitiveness, and steadily\nimprove market capitalization and overall profitability.\n\nThe bromine and lithium resources in the mining areas held by Monte Verdes\nwill provide a solid foundation and broad scope for in-depth strategic\ncooperation. The parties intend to expand their international market presence,\nestablish channels for overseas business development and advance their\nrespective global industrial strategies.\n\nIn the agreement, Montes Verdes guarantees that if the 2027 sales revenue\nconsolidated into the Gulf listed-company system shall be no less than $180\nmillion. In addition, it guarantees annual sales growth of no less than 20% in\neach of the following five years. If the 2027 target is achieved and\nprofitability is at or above industry levels, additional shares of Gulf may be\nissued based on the average price-to-earnings ratio for the relevant year.\n\nMr. Liu Xiaobin, the Chairman and CEO of Gulf Resources, stated, “We are\nentering a most exciting time for our company. Bromine prices have improved\nsharply. With issues in the Middle East, manufacturers throughout the world\nare seeking alternative sources.”\n\n“We believe our framework agreement with Montes Verdes will be a win-win for\nboth companies, and it lays the foundation for a mutually beneficial strategic\npartnership. Both parties are still under discussion for further details,”\nMr. Liu continued, “We will be able to help Montes Verdes to build a strong\nbusiness, featuring bromine, crude salt, lithium, and other products. We will\nbe able to generate cash outside of China, which will increase the flexibility\nin our capital structure. The combination of a strong domestic business and\nour global outreach should enable us to generate strong sales and earnings and\nfurther increase our market acceptance.”\n\n“We have consistently stated that we are committed to enhancing shareholder\nvalue and rewarding our long-time shareholders,” Mr. Liu concluded. “We\nbelieve this international strategic cooperation agreement is a significant\nfirst step in bringing this promise to reality. And we will communicate with\nour shareholders for any further updates.”\n\nAbout Gulf Resources, Inc.\nGulf Resources, Inc. operates through three wholly-owned subsidiaries,\nShouguang City Haoyuan Chemical Company Limited (\"SCHC\"), Daying County\nHaoyuan Chemical Company Limited (“DCHC”) and Shouguang Hengde Salt\nIndustry Co. Ltd. (“SHSI”). The Company believes that it is one of the\nlargest producers of bromine in China. Elemental Bromine is used to\nmanufacture a wide variety of compounds utilized in industry and agriculture.\nThrough SHSI, the Company manufactures and sells crude salt. DCHC was\nestablished to further explore and develop natural gas and brine resources\n(including bromine and crude salt) in China. For more information,\nvisit www.gulfresourcesinc.com.\n\nForward-Looking Statements\nCertain statements in this news release contain forward-looking information\nabout Gulf Resources and its subsidiaries business and products within the\nmeaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the\nSecurities Exchange Act of 1934, and are subject to the safe harbor created by\nthose rules. The actual results may differ materially depending on a number of\nrisk factors including, but not limited to, the general economic and business\nconditions in the PRC, the risks associated with the COVID-19 pandemic\noutbreak, future product development and production capabilities, shipments to\nend customers, market acceptance of new and existing products, additional\ncompetition from existing and new competitors for bromine and other oilfield\nand power production chemicals, changes in technology, the ability to make\nfuture bromine asset purchases, and various other factors beyond its control.\nAll forward-looking statements are expressly qualified in their entirety by\nthis Cautionary Statement and the risks factors detailed in the Company's\nreports filed with the Securities and Exchange Commission. Gulf Resources\nundertakes no duty to revise or update any forward-looking statements to\nreflect events or circumstances after the date of this release.\n\nCONTACT: Gulf Resources, Inc.\nWeb: http://www.gulfresourcesinc.com\nDirector of Investor Relations\nHelen Xu\nbeishengrong@vip.163.com\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/49583858-f7cc-45fe-a01a-52ec5af82b31)\n\n\n\nGlobeNewswire, Inc. 2026","article_body_html":"","raw_payload":{"data":{"id":"nGNX1Tp7Wk","title":"Gulf Resources Announces International Expansion Plan and Strategic Cooperation Agreement with a Brazilian company, Montes Verdes Participacoes Ltda.","author":"Globe Newswire","ticker":"GURE","created":"2026-08-26T12:30:00.501Z","tickers":["GURE"],"exchange":"NASDAQ","article_body":"SHOUGUANG, China, Aug. 26, 2026 (GLOBE NEWSWIRE) -- Gulf Resources, Inc.\n(Nasdaq: GURE) (\"Gulf Resources\", “we”, or the \"Company\"), a leading\nmanufacturer of bromine and crude salt in China today issued a press release,\nwhich relates to its international expansion plan and Strategic Cooperation\nAgreement (“Agreement”) with a Brazilian company, Montes Verdes\nParticipacoes Ltda. (“Montes Verdes”), entered into on August 20, 2026.\n\nOver the past decade, it has become clear to the management of Company that\nits position as a U.S. listed Chinese company and its focus on the domestic\nmarket has been negatively influenced the price of its stock. Now that bromine\nprices are rising sharply, the Company has decided that international\nexpansion will best serve the interests of its shareholders and team members.\n\nAccordingly, Company announced its plan to enter into a strategic cooperation\nagreement with a Brazilian company, Montes Verdes Participacoes Ltda.\n\nMontes Verdes is a Brazilian mining company specializing in the exploration of\ngold, manganese, lithium, bromine and rare-earth minerals, as well as\nvegetable seed breeding and fertilizer. Montes Verdes has extensive resources.\nGulf Resources has technology and experience extracting and producing these\nresources.\n\nUnder the strategic agreement, the two companies will establish a joint\nventure company to integrate their respective industrial resources,\ntechnological strengths, market channels and operating capabilities to build a\nscalable international business. Through this in-depth strategic cooperation,\nthe parties intend to optimize Gulf’s industrial footprint, broaden overseas\nprofit channels, strengthen Gulf’s core competitiveness, and steadily\nimprove market capitalization and overall profitability.\n\nThe bromine and lithium resources in the mining areas held by Monte Verdes\nwill provide a solid foundation and broad scope for in-depth strategic\ncooperation. The parties intend to expand their international market presence,\nestablish channels for overseas business development and advance their\nrespective global industrial strategies.\n\nIn the agreement, Montes Verdes guarantees that if the 2027 sales revenue\nconsolidated into the Gulf listed-company system shall be no less than $180\nmillion. In addition, it guarantees annual sales growth of no less than 20% in\neach of the following five years. If the 2027 target is achieved and\nprofitability is at or above industry levels, additional shares of Gulf may be\nissued based on the average price-to-earnings ratio for the relevant year.\n\nMr. Liu Xiaobin, the Chairman and CEO of Gulf Resources, stated, “We are\nentering a most exciting time for our company. Bromine prices have improved\nsharply. With issues in the Middle East, manufacturers throughout the world\nare seeking alternative sources.”\n\n“We believe our framework agreement with Montes Verdes will be a win-win for\nboth companies, and it lays the foundation for a mutually beneficial strategic\npartnership. Both parties are still under discussion for further details,”\nMr. Liu continued, “We will be able to help Montes Verdes to build a strong\nbusiness, featuring bromine, crude salt, lithium, and other products. We will\nbe able to generate cash outside of China, which will increase the flexibility\nin our capital structure. The combination of a strong domestic business and\nour global outreach should enable us to generate strong sales and earnings and\nfurther increase our market acceptance.”\n\n“We have consistently stated that we are committed to enhancing shareholder\nvalue and rewarding our long-time shareholders,” Mr. Liu concluded. “We\nbelieve this international strategic cooperation agreement is a significant\nfirst step in bringing this promise to reality. And we will communicate with\nour shareholders for any further updates.”\n\nAbout Gulf Resources, Inc.\nGulf Resources, Inc. operates through three wholly-owned subsidiaries,\nShouguang City Haoyuan Chemical Company Limited (\"SCHC\"), Daying County\nHaoyuan Chemical Company Limited (“DCHC”) and Shouguang Hengde Salt\nIndustry Co. Ltd. (“SHSI”). The Company believes that it is one of the\nlargest producers of bromine in China. Elemental Bromine is used to\nmanufacture a wide variety of compounds utilized in industry and agriculture.\nThrough SHSI, the Company manufactures and sells crude salt. DCHC was\nestablished to further explore and develop natural gas and brine resources\n(including bromine and crude salt) in China. For more information,\nvisit www.gulfresourcesinc.com.\n\nForward-Looking Statements\nCertain statements in this news release contain forward-looking information\nabout Gulf Resources and its subsidiaries business and products within the\nmeaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the\nSecurities Exchange Act of 1934, and are subject to the safe harbor created by\nthose rules. The actual results may differ materially depending on a number of\nrisk factors including, but not limited to, the general economic and business\nconditions in the PRC, the risks associated with the COVID-19 pandemic\noutbreak, future product development and production capabilities, shipments to\nend customers, market acceptance of new and existing products, additional\ncompetition from existing and new competitors for bromine and other oilfield\nand power production chemicals, changes in technology, the ability to make\nfuture bromine asset purchases, and various other factors beyond its control.\nAll forward-looking statements are expressly qualified in their entirety by\nthis Cautionary Statement and the risks factors detailed in the Company's\nreports filed with the Securities and Exchange Commission. Gulf Resources\nundertakes no duty to revise or update any forward-looking statements to\nreflect events or circumstances after the date of this release.\n\nCONTACT: Gulf Resources, Inc.\nWeb: http://www.gulfresourcesinc.com\nDirector of Investor Relations\nHelen Xu\nbeishengrong@vip.163.com\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/49583858-f7cc-45fe-a01a-52ec5af82b31)\n\n\n\nGlobeNewswire, Inc. 2026"},"type":"article","timestamp":"2026-08-26T12:30:00.543639212Z","server_sent_at_ms":1787747400543},"received_at":"2026-08-26T12:30:00.593Z","source_url":"https://www.globenewswire.com/news-release/2026/08/26/3351336/22612/en/gulf-resources-announces-international-expansion-plan-and-strategic-cooperation-agreement-with-a-brazilian-company-montes-verdes-participacoes-ltda.html"},"analysis":{"id":"117104","press_release_id":"128187","analysis_json":{"industry":{"label":"Commodity Chemicals","sector":"Materials"},"redFlags":["Potential dilution: additional shares may be issued based on P/E ratio if 2027 revenue and profitability targets are met","Execution risk regarding the revenue guarantee provided by a private, non-publicly traded Brazilian partner"],"eventType":"partnership","narrative":"Gulf Resources entered into a strategic cooperation agreement with Brazilian mining firm Montes Verdes Participacoes to establish a joint venture focused on bromine, lithium, and rare-earth minerals.\n\nThe agreement guarantees that consolidated sales revenue into Gulf will reach at least $180 million by 2027, with annual growth of no less than 20% for the subsequent five years.\n\nCEO Liu Xiaobin cited rising global bromine prices and the need to diversify outside of China as key drivers, though additional Gulf shares may be issued if performance targets are met.","sentiment":"bullish","agentHooks":{"shouldPost":true,"suggestedAngle":"GURE pivots to global expansion with Brazilian JV guaranteeing $180M revenue by 2027."},"keyFigures":{"customDimensions":{"revenue_target_2027":"$180 million","annual_growth_target":"20%","target_duration_years":5}},"quotedText":"Bromine prices have improved sharply. With issues in the Middle East, manufacturers throughout the world are seeking alternative sources.","namedEntities":{"people":[{"name":"Liu Xiaobin","role":"Chairman and CEO"},{"name":"Helen Xu","role":"Director of Investor Relations"}],"products":["Bromine","crude salt","lithium","gold","manganese","rare-earth minerals","vegetable seed","fertilizer"],"companies":[{"name":"Gulf Resources, Inc.","ticker":"GURE"},{"name":"Montes Verdes Participacoes Ltda.","relationship":"partner"},{"name":"Shouguang City Haoyuan Chemical Company Limited","relationship":"subsidiary"},{"name":"Daying County Haoyuan Chemical Company Limited","relationship":"subsidiary"},{"name":"Shouguang Hengde Salt Industry Co. Ltd.","relationship":"subsidiary"}],"dollarAmounts":[{"amount":"$180 million","context":"guaranteed 2027 consolidated sales revenue"}]},"materialImpact":{"score":3,"reasoning":"The agreement establishes a strategic joint venture with a guaranteed minimum of $180 million in consolidated revenue by 2027 and 20% annual growth targets thereafter. This represents a significant operational pivot to international markets, though execution risk and the conditional nature of future share issuance temper the immediate score."},"tickerRelevance":{"others":[],"primary":"GURE"},"globalImportance":25,"audienceRelevance":15,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"micro-cap","eventGravity":"strategic_jv_with_targets","sectorWeight":"materials"}},"event_type":"partnership","event_type_secondary":null,"sentiment":"bullish","material_impact_score":3,"narrative":"Gulf Resources entered into a strategic cooperation agreement with Brazilian mining firm Montes Verdes Participacoes to establish a joint venture focused on bromine, lithium, and rare-earth minerals.\n\nThe agreement guarantees that consolidated sales revenue into Gulf will reach at least $180 million by 2027, with annual growth of no less than 20% for the subsequent five years.\n\nCEO Liu Xiaobin cited rising global bromine prices and the need to diversify outside of China as key drivers, though additional Gulf shares may be issued if performance targets are met.","key_figures":{"customDimensions":{"revenue_target_2027":"$180 million","annual_growth_target":"20%","target_duration_years":5}},"named_entities":{"people":[{"name":"Liu Xiaobin","role":"Chairman and CEO"},{"name":"Helen Xu","role":"Director of Investor Relations"}],"products":["Bromine","crude salt","lithium","gold","manganese","rare-earth minerals","vegetable seed","fertilizer"],"companies":[{"name":"Gulf Resources, Inc.","ticker":"GURE"},{"name":"Montes Verdes Participacoes Ltda.","relationship":"partner"},{"name":"Shouguang City Haoyuan Chemical Company Limited","relationship":"subsidiary"},{"name":"Daying County Haoyuan Chemical Company Limited","relationship":"subsidiary"},{"name":"Shouguang Hengde Salt Industry Co. Ltd.","relationship":"subsidiary"}],"dollarAmounts":[{"amount":"$180 million","context":"guaranteed 2027 consolidated sales revenue"}]},"model_name":"glm-4.7","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-08-26T13:37:57.921Z","global_importance":25,"audience_relevance":15,"importance_components":{"tickerTier":"micro-cap","eventGravity":"strategic_jv_with_targets","sectorWeight":"materials"}},"durationMs":225575,"modelName":"glm-4.7"}}