<DOCUMENT>
<TYPE>EX-99.4
<SEQUENCE>5
<FILENAME>e603104_ex99-4.txt
<TEXT>

Exhibit 99.4

Gulf Resources Provides Calendar 2008 Financial Guidance

Management Expects to Report Revenues of $87 Million and Net Income of $23.5
Million

NEW YORK and Shandong Province, China, Jan. 9 /Xinhua-PRNewswire/ -- Gulf
Resources, Inc. (the 'Company') (OTC Bulletin Board: GFRE), a leading producer
of Bromine and specialty chemicals in China through its two wholly-owned
subsidiaries, Shuoguang City Haoyuan Chemical Company Limited ('SCHC'), and
Shouguang Yu Xin Chemical Industry Co., Ltd. ('SYCI'), today announced financial
guidance for calendar 2008.

Management expects to report 2008 revenues of $87 million, net income of
approximately $23.5 million and earnings per share of $0.23, based on the
approximately 100 million shares currently outstanding.

The guidance provided today includes only the current operations, including the
estimated contribution from the recently announced Hanting area asset purchase,
and does not take into account any future asset purchases or acquisitions.
Management expects that its 'SCHC' subsidiary will process, produce and ship
approximately 31,000 tons of bromine for the 2008 calendar year and expects this
subsidiary to generate $65 million in revenue. Through its current product
portfolio and new product introductions, including bromine based compounds which
were previously announced, the Company expects its 'SYCI' subsidiary to
contribute revenue of $22 million for 2008.

'The management team has executed on its growth plan while the domestic bromine
market in China continues to experience strong demand. This factor, in addition
to the RMB currency appreciation is anticipated to drive further bromine price
increases. We continue to evaluate additional unlicensed bromine facilities in
our immediate geographic area and expect to complete several asset purchases
this year, with the goal of attaining at least a 20 percent market share by the
end of 2008. Our exploitation license provides the conduit to pursue these
opportunities and is a key asset for our company. Any contemplated acquisition
is expected to be incremental to this guidance,' stated Gulf Resources Inc. CEO
Mr. Ming Yang.

'We are experiencing growth in both of our operating subsidiaries, which is
being driven through organic expansion and targeted asset purchases. 'SCHC' will
continue to make capital improvements where appropriate, including new bromine
wells and convey trench lines, while leveraging new integrated production
processes to improve capacity utilization. Further, our 'SYCI' subsidiary plans
to purchase two deep processing plants which produce bromine- based derivatives,
a market we are focused on penetrating, which will provide incremental revenue
growth and further margin enhancements. These contemplated purchases would be
incremental to this guidance.'

<PAGE>

Exhibit 99.4

For calendar 2007, the Company previously provided guidance approximately $54
million in revenues and $13 million in net income. Audited results are expected
to be released during March 2008.

About Bromine

Bromine and bromine compounds are used for a wide variety of different
applications. Some bromine compounds are effective flame retardants, and nearly
one-half of the bromine consumed annually is used in flame retardants for
household and industrial applications. The agriculture industry uses bromine in
pesticides. Bromine compounds are also used in oil-well drilling fluids,
sanitary preparations, and an assortment of other applications including water
purification chemicals, fumigants, dyes, medicines, and inorganic bromides
(AgBr, silver bromide) used in films and photographic processes.

Bromine-containing chemicals are used in swimming pools and industrial cooling
towers to control algae, bacteria, and odors. Some bromine-containing pesticides
are used in the production or storage of food crops. Bromine also is used in the
production of oil and gas well completion drilling fluids. Thanks to bromine
chemicals, we now have photographic films and papers, dyes, inks, sedatives,
analgesics, anesthetics and other drugs, hydraulic fluids, refrigerating and
dehumidifying agents, and hair-waving preparations.

About Gulf Resources, Inc.

Gulf Resources, Inc. operates through two wholly-owned subsidiaries. SCHC is
engaged in manufacturing and trading Bromine and Crude Salt in China. Bromine is
used to manufacture a wide variety of compounds utilized in industry and
agriculture. SYCI manufactures chemical products utilized in oil & gas field
explorations and as papermaking chemical agents. For more information, please
visit http://www.gulfresourcesco.com .

Safe Harbor Statement:

Several statements in this earnings guidance news release contain forward-
looking information about Gulf Resources and its subsidiaries business and
products within the meaning of Rule 175 under the Securities Act of 1933 and
Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe
harbor created by those rules. The actual results in these forecasted revenues,
net income and earnings per share may differ materially depending on a number of
risk factors including, but not limited to, the general economic and business
conditions in the Peoples Republic of China, future product development and
production capabilities, shipments to end customers, market acceptance of new
and existing products, additional competition from existing and new competitors
for bromine and other oilfield and power production chemicals, changes in
technology, and various other factors beyond its control. All forward-looking
statements are expressly qualified in their entirety by this Cautionary
Statement and the risks factors detailed in the Company's reports filed with the
Securities and Exchange Commission. Gulf Resources undertakes no duty to revise
or update any forward-looking statements to reflect events or circumstances
after the date of this release.

    For more information, please contact:

    Ethan Chuang
    Tel:   +1-646-200-6316
    Email: Ethan@gulfresourcesco.com

    Matthew Hayden
    HC International, Inc.
    Tel: +1-858-704-5065
    Email: matt@haydenir.com

SOURCE Gulf Resources, Inc.
</TEXT>
</DOCUMENT>
