GULF RESOURCES, INC. — Director's Dealing 2011

Mar 25, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GULF RESOURCES, INC. (GFRE)
CIK: 0000885462
Period of Report: 2011-02-16

Reporting Person: HAP Trading, LLC (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-03-22	Gulf Resources Inc. Common Stock	S	412316	$8.036	Disposed	4504730	Direct

Footnotes

F1: HAP Trading, LLC executed open market stock sales during the period 2/16/2011 to 3/22/2011.

F2: The reported share amount is reflected as of March 22, 2011.