Notes: January 27, 2020 -- Gulf Resources, Inc. (Nasdaq:GURE) ("Gulf Resources" or the "Company"), a leading manufacturer of bromine, crude salt and specialty chemical products in China in, today announced a 1-for-5 reverse stock split of its issued and outstanding shares of common stock, which is expected be effective for trading purposes as of the commencement of trading on Tuesday, January 28, 2020. The reverse stock split is intended to increase the per share trading price of the Company’s common stock to satisfy the $1.00 minimum bid price requirement for continued listing on The NASDAQ Global Select Market. Trading of the Company’s common stock on The NASDAQ Global Select Market will continue, on a post-split basis, with the opening of the markets on Tuesday, January 28, 2020, under the existing trading symbol “GURE” under the new CUSIP # 40251W408. The reverse stock split reduces the number of shares of the Company’s common stock outstanding from approximately 47.5 million shares of common stock pre-reverse split to approximately 9.5 million shares of common stock post-reverse split.