Gulf Resources Announces Its Flood Prevention Plan
Retrieved on:
Friday, November 17, 2023
SHOUGUANG, China, Nov. 17, 2023 (GLOBE NEWSWIRE) -- Gulf Resources, Inc. (Nasdaq:GURE) ("Gulf Resources" or the "Company"), a leading manufacturer of bromine, crude salt and specialty chemical products in China, today announced that it has recently initiated its preventive measures for safeguarding its bromine facilities.
Key Points:
- SHOUGUANG, China, Nov. 17, 2023 (GLOBE NEWSWIRE) -- Gulf Resources, Inc. (Nasdaq:GURE) ("Gulf Resources" or the "Company"), a leading manufacturer of bromine, crude salt and specialty chemical products in China, today announced that it has recently initiated its preventive measures for safeguarding its bromine facilities.
- To mitigate similar damages in the future, the Company has commenced a flood prevention initiative.
- Apart from reducing risk to surrounding regions, we anticipate three notable advantages from this flood prevention plan.
- Given our company’s robust financial position and substantial cash resources, we believe the flood prevention program will yield favorable returns over the long-term.