276 unchanged sentences
Limited, or SHSI, each a PRC company.
−Removed: Our executive offices are located at
−Removed: Level 11, Vegetable Building, Industrial Park of the East in Shouguang City, Shandong Province,
+Added: Our executive offices are located
+Added: at Level 11, Vegetable Building, Industrial Park of the East in Shouguang City, Shandong Province, P.R.C.
Our telephone number is
−Removed: website address is www.gulfresourcesinc.com.
−Removed: The information contained on or accessed through our website is not intended to constitute
−Removed: and shall not be deemed to constitute part of this Form 10-K.
+Added: +86 (536) 5670008.
+Added: Our website address is www.gulfresourcesinc.com.
+Added: The information contained on or accessed through our website is
+Added: not intended to constitute and shall not be deemed to constitute part of this Form 10-K.
+Added: Enforcement of Civil Liabilities under United States
+Added: Federal Securities Laws
+Added: Although the Company is a Nevada
+Added: corporation, most of the Company’s operations are and will be located outside of the United States and all Company directors and
+Added: officers reside outside the United States.
+Added: Moreover, a majority of Company assets are located outside the United States.
+Added: Since a majority
+Added: of the assets owned by the Company are located outside the United States, any judgment obtained in the United States against the Company
+Added: may not be collectible within the United States.
+Added: There is no treaty between the United States and China providing for the reciprocal recognition
+Added: and enforcement of judgments in civil and commercial matters and a final judgment for the payment of money rendered by any federal or
+Added: state court in the United States based on civil liability, whether or not predicated solely upon the federal securities laws, would, therefore,
+Added: not be automatically enforceable in China.
+Added: Under the PRC Civil Procedure Law, foreign shareholders may originate actions based on PRC
+Added: law against the Company in the PRC, if they can establish sufficient nexus to the PRC for a PRC court to have jurisdiction, and meet other
+Added: procedural requirements, including, among others, the plaintiff must have a direct interest in the case, and there must be a concrete
+Added: claim, a factual basis and a cause for the suit.
+Added: There is uncertainty as to whether
+Added: the courts of China would (1) recognize or enforce judgments of United States courts obtained against the Company or its directors or
+Added: officers predicated upon the civil liability provisions of the securities laws of the United States or any state in the United States,
+Added: or (2) entertain original actions brought in each respective jurisdiction against the Company or its directors or officers predicated
+Added: upon the securities laws of the United States or any state in the United States.
+Added: The recognition and enforcement
+Added: of foreign judgments are provided under the PRC Civil Procedure Law.
+Added: PRC courts may recognize and enforce foreign judgments in accordance
+Added: with the requirements of the PRC Civil Procedure Law based either on treaties between China and the country where the judgment is made
+Added: or on principles of reciprocity between jurisdictions.
+Added: China does not have any treaties or other form of reciprocity with the United States
+Added: that provide for the reciprocal recognition and enforcement of foreign judgments.
+Added: In addition, according to the PRC Civil Procedure Law,
+Added: courts in China will not enforce a foreign judgment against the Company or its directors and officers if they decide that the judgment
+Added: violates the basic principles of PRC law or national sovereignty, security or public interest.
+Added: As a result, it is uncertain whether and
+Added: on what basis a PRC court would enforce a judgment rendered by a court in the United States.
+Added: Under the PRC Civil Procedure Law, foreign
+Added: shareholders may originate actions based on PRC law against the Company in the PRC, if they can establish sufficient nexus to the PRC
+Added: for a PRC court to have jurisdiction, and meet other procedural requirements, including, among others, the plaintiff must have a direct
+Added: interest in the case, and there must be a concrete claim, a factual basis and a cause for the suit.
+Added: In addition, it will be difficult
+Added: shareholders to originate actions against us in China in accordance with PRC laws because we are incorporated under the laws
+Added: of State of Nevada and it will be difficult for U.S.
+Added: shareholders, holding our common stock, to establish a connection to China for a
+Added: PRC court to have jurisdiction as required under the PRC Civil Procedure Law.
Recent Regulatory Developments in
834 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.