SUBSEQUENT EVENT	3 Months Ended
Mar. 31, 2024
Subsequent Events [Abstract]
SUBSEQUENT EVENT	NOTE 20 - SUBSEQUENT EVENT Subsequent Event In June 2024, the Company retired some fixed assets including aqueducts and wells for a total amount approximately $29,169,008. This decision was made due to the following reasons: (1) the aqueducts exhibits serious water seepage, posed potential damage, and could lead to environmental pollution; (2) the wells were found to have reduced water flow, low brine content and high energy consumption. In June 2024, SHSI, a wholly owned subsidiary of the Company, signed acquisition agreements with each of several sellers. Under these agreements, each seller agrees to transfer to SHSI, and SHSI agrees to purchase from each seller, a parcel of crude salt field located in Shouguang city Yangkou town. The total of aggregate price for these acquisitions is RMB 280,762,000 (approximately US$38,619,257 based on the exchange rate on July 3, 2024. Shandong Shouguang Vegetable Industry Group Co., Ltd. and Shandong Shouguang Vegetable Seed Group Co., Ltd. owe RMB15.0million (Approximate $2.12 million) and RMB10.0 million (Approximate $1.41 million) to Shandong Deepin City InvestmentEmergency Lending Fund, respectively. A total of nine companies and individuals provided guarantee to these loans, includingShouguang Haoyuan Chemical Co., Ltd. and Shouguang Yuxin Chemical Co., LTD. However, considering the number of guarantors,the total amount of available fund indicated by Shandong Shouguang Vegetable Industry Group Co., Ltd. and legal advice, GulfResources believes that this guaranteed loan has limited impact on the company.

SUBSEQUENT EVENT

3 Months Ended

Mar. 31, 2024

NOTE 20 - SUBSEQUENT EVENT

Subsequent Event

In June 2024, the Company retired some fixed assets including aqueducts and wells for a total amount approximately $29,169,008. This decision was made due to the following reasons: (1) the aqueducts exhibits serious water seepage, posed potential damage, and could lead to environmental pollution; (2) the wells were found to have reduced water flow, low brine content and high energy consumption.

In June 2024, SHSI, a wholly owned subsidiary of the Company, signed acquisition agreements with each of several sellers. Under these agreements, each seller agrees to transfer to SHSI, and SHSI agrees to purchase from each seller, a parcel of crude salt field located in Shouguang city Yangkou town. The total of aggregate price for these acquisitions is RMB 280,762,000 (approximately US$38,619,257 based on the exchange rate on July 3, 2024.

Shandong Shouguang Vegetable Industry Group Co., Ltd. and Shandong Shouguang Vegetable Seed Group Co., Ltd. owe RMB15.0million (Approximate $2.12 million) and RMB10.0 million (Approximate $1.41 million) to Shandong Deepin City InvestmentEmergency Lending Fund, respectively. A total of nine companies and individuals provided guarantee to these loans, includingShouguang Haoyuan Chemical Co., Ltd. and Shouguang Yuxin Chemical Co., LTD. However, considering the number of guarantors,the total amount of available fund indicated by Shandong Shouguang Vegetable Industry Group Co., Ltd. and legal advice, GulfResources believes that this guaranteed loan has limited impact on the company.