Gulf Resources provides update on Nasdaq hearing process

Gulf Resources (GURE) provided an update regarding its appeal of the Nasdaq Listing Qualifications Staff’s delisting determination and the current trading status of its common stock. On November 7, 2025, the Company received a hearing notification letter from The Nasdaq Stock Market scheduling an oral hearing before the Nasdaq Hearings Panel for December 9, 2025 at 9:00 a.m. Eastern Time. Following the Company’s previously announced 1-for-10 reverse stock split that became effective for trading on October 27, 2025, the Company’s common stock has maintained a closing bid price at or above $1.00 per share for more than ten consecutive trading days as of Monday, November 10, 2025. In light of this development, and in accordance with the instructions contained in the Letter, the Company has submitted a request to cancel the scheduled hearing, as the Company believes it has regained compliance with Nasdaq’s minimum bid price requirement, subject to the Company’s Listing Analyst review and confirmation.