{"url_path":"/sec/gure/8-k/2026-06-04/item-4-02","section_key":"item-4-02","section_title":"Item 4.02 Non-Reliance on Previously Issued Financial Statements","topic":"sec","document":{"doc_type":"8-K","doc_date":"2026-06-04","source_url":"https://www.sec.gov/Archives/edgar/data/885462/0001193805-26-000756-index.html","accession_number":"0001193805-26-000756","cik":"0000885462","ticker":"GURE","issuer_name":"GULF RESOURCES, INC.","edgar_url":"https://www.sec.gov/Archives/edgar/data/885462/0001193805-26-000756-index.html","primary_entity_key":"0000885462","primary_entity_name":"GULF RESOURCES, INC."},"word_count":681,"has_tables":true,"body_markdown":"**Item 4.02: Non-Reliance on Previously Issued Financial Statements\nor a Related Audit Report or Completed Interim Review.**\n\n \n\nOn June 1, 2026, Gulf Resources\n(the “Company”), following the Company’s ongoing dialogue with the staff of the United States Securities and Exchange\nCommission, concluded that the Company will amend its fiscal year 2024 Form 10-K (the “FY2024 Form 10-K”) and Form 10-Qs for\nthe first, second and third quarters of 2025 (collectively, the “Q1, Q2 and Q3 2025 Form 10-Qs”) to restate the disclosures\n(Note 6, Note 7 and Note 12 included in the FY2024 Form 10-K and the Q1, Q2 and Q3 2025 Form 10-Qs) to revise the previous recognition\nof buildings without ownership certificates as fixed assets in the balance sheets and to reclassify such buildings as right-of-use (ROU)\nassets based on lease agreements and ASC 842 Leases, for each of the periods included in those filing, including fiscal years 2023 and\n2024 in the FY2024 Form 10-K and each of the quarterly and year-to-date periods included in the Q1, Q2 and Q3 FY2025 Form 10-Qs (collectively,\nthe “Prior Filings”). The Prior Filings should no longer be relied upon because of errors identified in such financial statements,\nas described above.\n\n \n\n In connection with\nthe identification of the above mentioned restatement, the Company delayed the completion of its fiscal year 2025 Form 10-K and Quarterly\nReport on Form 10-Q for the quarter ended March 31, 2026, and filed a Form 12b-25 (Notice of Late Filing) with the Securities and Exchange\nCommission to provide notice of such delay to the SEC and its shareholders.\n\n \n\nThe Company is working to\ncomplete these restatements as soon as reasonably practical. The Company is evaluating its remediation measures and is continuing to focus\non implementing enhancements to its internal controls to remediate its previously identified material weakness, taking action to enhance\nits integrity and accuracy within internal controls and financial reporting. Further, training for relevant personnel and application\nof relevant accounting guidance has been provided and remains ongoing.\n\n \n\nThe Company’s management\nand the Chair of the Company’s Audit Committee have discussed the matters disclosed in this Item 4.02 with the Company’s independent\nregistered public accounting firm, GGF CPA LTD.\n\n  \n\n**Cautionary Note Regarding Forward Looking Statements**\n\n \n\nThis Current Report on Form 8-K includes information\nthat constitutes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E\nof the Securities Exchange Act of 1934, as amended. Words such as “anticipate”, “estimate”, “expect”,\n“project”, “plan”, “intend”, “believe”, “may”, “might”, “will”,\n“should”, “care have”, “likely” and similar expressions are used to identify forward-looking statements.\nThese forward-looking statements are based on the Company’s current beliefs, assumptions and expectations regarding future events,\nwhich in turn are based on information currently available to the Company. By their nature, forward-looking statements address matters\nthat are subject to risks and uncertainties. A variety of factors could cause actual events and results to differ materially from those\nexpressed in or contemplated by the forward- looking statements. These factors include, without limitation, the Company’s ability\nto respond in a timely and satisfactory matter to the inquiries by Nasdaq, the Company’s ability to become current with its reports\nwith the SEC, and the risk that the completion and filing of the Form 10-K will take longer than expected. For additional information\nabout factors that could cause actual results to differ materially from those described in the forward-looking statements, please refer\nto the Company’s filings with the SEC, including the risk factors contained in its most recent Annual Report on Form 10-K and the\nCompany’s other subsequent filings with the SEC. The Company undertakes no obligation to publicly update or revise any forward-looking\nstatement, whether as a result of new information, future events or otherwise, except to the extent required by applicable laws.\n\n \n\n \n\n \n\n \n\n**SIGNATURES**\n\n \n\nPursuant to the requirements of the Securities Exchange Act\nof 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.\n\n \n\n \nGULF RESOURCES, INC.\n\n \n \n \n\n \nBy:\n*/s/ Min Li*\n\n \nName:\nMin Li\n\n \nTitle:\nChief Financial Officer\n\n \n\nJune 4, 2026"}