Gulf Resources Inc. (NV) filed SEC Form 8-K: Submission of Matters to a Vote of Security Holders
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
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CURRENT REPORT
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Item 5.07 Submission of Matters to a Vote of Security Holders.
On November 30, 2023, Gulf Resources, Inc. (the “Company”) held its 2023 annual meeting of stockholders (the “Annual Meeting”) to vote on the following matters:
1. Election of Directors
All of the following seven nominees were elected to the Company’s Board of Directors, in accordance with the voting results listed below, to serve for a term of one year, until the next Annual Meeting and until their successors have been duly elected and have qualified.
| Nominee | For | Against | Withheld | Broker Non-Votes | ||||
| Xiaobin Liu | 4,259,748 | - | 761,073 | 2,726,201 | ||||
| Naihui Miao | 4,260,148 | - | 760,673 | 2,726,201 | ||||
| Yibo Yang | 4,314,363 | - | 706,458 | 2,726,201 | ||||
| Shengwei Ma | 4,260,159 | - | 760,662 | 2,726,201 | ||||
| Yang Zou | 4,133,805 | - | 887,016 | 2,726,201 | ||||
| Shitong Jiang | 4,008,525 | - | 1,012,296 | 2,726,201 | ||||
| Dongshan Wang | 4,260,148 | - | 760,673 | 2,726,201 |
Biographical information on each of the two newly elected directors is set forth below:
Yibo Yang – Mr. Yang has worked at Shouguang Haoyuan Chemical Co., Ltd. since 2009 and currently serves as the deputy general manager of Shouguang Haoyuan Chemical Co., Ltd. Mr. Yang is a 18% shareholder of Shandong Haoyuan Industrial Group. Since December 2020, Mr. Yang has served as the deputy general manager of Shandong Haoyuan Industrial Group. Since July 2023, Mr. Yang has served as the executive director and the managing director for Shouguang City Yuxin Chemical Company Limited. Since June 2023, Mr. Yang has served as the supervisor of Shandong Caiting Lighting Technology Co., Ltd. Mr. Yang holds a Diploma in economic management from Shandong University of Technology.
Dongshan Wang – Mr. Wang has served as the vice president and the chief financial officer of Central China Headquarters of Anliang Holding Group since April 2018. Mr. Wang is an International Certified Public accountant, and he holds a national Chief accountant (CFO) qualification certificate. Mr. Wang graduated from Zhengzhou College of Light Industry majored in financial management in 1988.
The Company has determined that Mr. Dongshan Wang is “independent” within the meaning of Rule 10A-3 under the Exchange Act, as determined based upon the criteria for “independence” set forth in the rules of the NASDAQ Stock Market. Mr. Wang will serve on each of the Compensation Committee and the Nominating and Corporate Governance Committee, effective as of November 30, 2023. Mr. Wang will be the chairman of the Compensation Committee.
Neither Mr. Yibo Yang nor Mr. Dongshan Wang has any family relationships with any of the executive officers or directors of the Company. There have been no transactions in the past two years to which the Company or any of its subsidiaries was or is to be a party, in which each Mr. Yang and Mr. Wang had, or will have, a direct or indirect material interest.
2. Ratification of the Company’s Independent Auditors
Stockholders ratified the appointment of WWC, P.C. Certified Public Accountants as the independent auditors of the Company for the fiscal year ended December 31, 2023, in accordance with the voting results listed below.
| For | Against | Abstain | Broker Non-Votes | |||
| 6,524,382 | 1,213,102 | 9,538 | - |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| GULF RESOURCES, INC. | |||
| By: | /s/ Min Li | ||
| Name: | Min Li | ||
| Title: | Chief Financial Officer | ||
Dated: November 30, 2023