GURE GULF RESOURCES, INC.

“(iii) inadequate design of internal control over the preparation of the financial statements being audited.”

“(ii) ineffective oversight of our financial reporting and internal control by those charged with governance; and”

“The material weaknesses identified are as follows: (i) insufficient personnel with appropriate levels of accounting knowledge and experience to address complex U.S. GAAP accounting issues and to prepare and review financial statements and related disclosures under U.S. GAAP;”

“our Chief Executive Officer and Chief Financial Officer concluded that, as of June 30, 2026, our disclosure controls and procedures were not effective at the reasonable assurance level because the material weaknesses in our internal control over financial reporting described in Item 4(b) below had not been remediated as of June 30, 2026.”

“Based on that evaluation, management has concluded that the Company s internal control over financial reporting was not effective as of June 30, 2026, due to the material weaknesses described below.”

“Three-Month Period Ended June 30, 2026 Three-Month Period Ended June 30, 2025 (Restated) Percent Change Increase/ (Decrease) Net revenue $ 12,886,977 $ 8,343,785 54 %”

“The Prior Filings should no longer be relied upon because of errors identified in such financial statements, as described above.”

“The Company restated its previously released unaudited condensed consolidated financial statements for the six months ended June 30, 2025, and incorporate them into the 2025 Quarterly Report 10-Q Form Report (the Restatement ).”

“SCHEDULE OF SEGMENT COST Reconciliations 2026 2025 (Restated) 2026 2025 (Restated) Three-Month Period Ended June 30, Six-Month Period Ended June 30,”

“The components of lease cost were as follows: SCHEDULE OF LEASE COST 2026 2025 (Restated) Six-Month Period Ended June 30, 2026 2025 (Restated) Finance lease cost:”

“(Expressed in U.S. dollars) (UNAUDITED) 2026 2025 (Restated) 2026 2025 (Restated) Three-Month Period Ended June 30, Six-Month Period Ended June 30,”

“SCHEDULE OF SEGMENT COST Reconciliations 2025 2024 (Restated) Years Ended December 31, Reconciliations 2025 2024 (Restated) Total segment operating loss $ ( 7,118,494 ) $ ( 21,504,076 )”

“See Note 26- Restatement, for discussion regarding the impact of the Restatement. NOTE 9 FINANCE LEASE RIGHT-OF-USE ASSETS”

“Restatement to Correct Previously Issued Consolidated Financial Statements As discussed in Note 26 to the Consolidated Financial Statements, the consolidated financial statements for the years ended December 31, 2024 have been restated.”

“Income (loss) from Operations by Segment Year ended December 31, 2025 Year ended December 31, 2024 (Restated) Segment: % of total % of total”

“RESULTS OF OPERATIONS. Year ended December 31, 2025, as compared to year ended December 31, 2024 Years ended December 31, 2025 December 31, 2024 (Restated) Percent Change Increase/ (Decrease) Net Revenue $ 25,418,335 $ 7,661,010 232 %”

“the Company delayed the completion of its fiscal year 2025 Form 10-K and Quarterly Report 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 Commission to provide notice of such delay to the SEC and its shareholders.”

“The Prior Filings should no longer be relied upon because of errors identified in such financial statements, as described above.”

“Based upon that evaluation, our Chief Executive Officer and Chief Financial Officer concluded that, as of June 30, 2025, our disclosure controls and procedures were not effective at the reasonable assurance level because the material weaknesses in our internal control over financial reporting described in Item 4(b) below had not been remediated as of June 30, 2025.”

“Based on that evaluation, management has concluded that the Company s internal control over financial reporting was not effective as of June 30, 2025, due to the material weaknesses described below.”

“(iii) inadequate design of internal control over the preparation of the financial statements being audited”

“(ii) ineffective oversight of our financial reporting and internal control by those charged with governance”

“The material weaknesses identified are as follows: (i) insufficient personnel with appropriate levels of accounting knowledge and experience to address complex U.S. GAAP accounting issues and to prepare and review financial statements and related disclosures under U.S. GAAP”

“Comparison of the Three-Month Periods Ended June 30, 2025 and 2024 Three-Month Period Ended June 30, 2025 (Restated) Three-Month Period Ended June 30, 2024 Percent Change Increase/ (Decrease)”

“The Company restates its previously released unaudited condensed consolidated financial statements for the six months ended June 30, 2025, and incorporate them into the 2025 Quarterly Report 10-Q Form Report (the Restatement ). This restatement is due to the discovery of errors related to the reclassification of buildings without property ownership certificates in fixed assets .”

“Three-Month Period Ended June 30, 2025 (Restated) Operating Segment Bromine * Crude Salt * Chemical Products Natural Gas Segment Total Corporate Total Net revenue (external customers)”

“Total $ 6,763,238 $ 6,445,277 See Note 22- Restatement, for discussion regarding the impact of the Restatement.”

“The financial statements included in the Original Filing should no longer be relied upon because of the errors described above.”

“(iii) inadequate design of internal control over the preparation of the financial statements being audited.”

“(ii) ineffective oversight of our financial reporting and internal control by those charged with governance;”

“(i) insufficient personnel with appropriate levels of accounting knowledge and experience to address complex U.S. GAAP accounting issues and to prepare and review financial statements and related disclosures under U.S. GAAP;”

“Based on that evaluation, management has concluded that the Company s internal control over financial reporting was not effective as of December 31, 2025, due to the material weaknesses described below.”

“our Chief Executive Officer and Chief Financial Officer concluded that, as of March 31, 2025, our disclosure controls and procedures were not effective at the reasonable assurance level because the material weaknesses in our internal control over financial reporting described in Item 4(b) below had not been remediated as of March 31, 2025.”

“Comparison of the Three-Month Periods Ended March 31, 2025 and 2024 Three-Month Period Ended March 31, 2025 (Restated) Three-Month Period Ended March 31, 2024 Percent Change Increase/ (Decrease)”

“The Company restates its previously released unaudited condensed consolidated financial statements for the three months ended March 31, 2025, and incorporate them into the 2025 Quarterly Report 10-Q Form Report (the Restatement ). This restatement is due to the discovery of errors related to the reclassification of buildings without property ownership certificates in fixed assets.”

“SCHEDULE OF SEGMENT REPORTING BY SEGMENT Three-Month Period Ended March 31, 2025 (Restated) Operating Segment Bromine * Crude Salt * Chemical Products Natural Gas Segment Total Corporate Total”

“During the three-month period ended March 31, 2024, depreciation and amortization expense totaled $ 313,941 , were recorded in direct labor and factory overheads incurred during plant shutdown, cost of revenue, and general & administrative expenses. See Note 22- Restatement, for discussion regarding the impact of the Restatement.”

“The financial statements included in the Original Filing should no longer be relied upon because of the errors described above.”

“(iii) inadequate design of internal control over the preparation of the financial statements being audited”

“(ii) ineffective oversight of our financial reporting and internal control by those charged with governance”

“insufficient personnel with appropriate levels of accounting knowledge and experience to address complex U.S. GAAP accounting issues and to prepare and review financial statements and related disclosures under U.S. GAAP”

“Based on that evaluation, management has concluded that the Company s internal control over financial reporting was not effective as of December 31, 2025, due to the material weaknesses described below.”

“Based upon that evaluation, our Chief Executive Officer and Chief Financial Officer concluded that, as of March 31, 2026, our disclosure controls and procedures were not effective at the reasonable assurance level because the material weaknesses in our internal control over financial reporting described in Item 4(b) below had not been remediated as of March 31, 2026.”

“Comparison of the Three-Month Periods Ended March 31, 2026 and 2025 Percent Change Three-Month Period Three-Month Period Increase/ Ended March 31, 2026 Ended March 31, 2025(Restated) (Decrease) Net revenue $ 2,368,626 $ 1,604,447 48 %”

“The Company restates its previously released unaudited condensed consolidated financial statements for the three months ended March 31, 2026, and incorporate them into the 2026 Quarterly Report 10-Q Form Report (the Restatement ). This restatement is due to the discovery of errors related to the reclassification of buildings without property ownership certificates in fixed assets.”

“-Operating leases $ $ See Note 24- Restatement, for discussion regarding the impact of the Restatement.”

“general & administrative expenses. See Note 24- Restatement, for discussion regarding the impact of the Restatement.”

“CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (Expressed in U.S. dollars) (UNAUDITED) Three-Month Period Ended March 31, 2026 2025 (Restated) NET REVENUE $ 2,368,626 $ 1,604,447”

“This Amendment is being filed in response to the restatement of the Quarterly Report on Form 10-Q of Gulf Resources, Inc. (the Company ) for the fiscal quarter ended March 31, 2025.”