DOVER, USA, Feb. 13, 2026 (GLOBE NEWSWIRE) -- E-Power Inc. (“E-Power”, the “Company”, “we” or “our”) (NASDAQ: EPOW), a global provider of advanced energy materials, announced today that it has successfully secured a long-term anode material supply contract from a Global Top-5 lithium-ion Battery (including Energy Storage and Power Battery) Technology Leader (the "Partner"). Additionally, both parties have reached a strategic intent to co-invest in a 30,000-tonne annual capacity lithium-ion battery anode mat ...

2025年12月26日股价曾单日下跌5.50%至1.03美元，但2026年1月3日出现反弹，涨幅5.08%。 业绩经营情况 根据2026年1月3日财报，公司营业收入27.97百万美元，净利润亏损1.26百万美元，每股收益-0.05美 元，市盈率为负值(-3.18倍)。 股票近期走势 经济观察网晖阳新能源(EPOW.us)近期事件概览。截至2026年2月14日，公开信息显示晖阳新能源主要 从事电动汽车石墨负极材料的研发与销售，其合资企业正在贵州省建设一座利用可再生能源的制造工 厂。但基于2026年1月3日及更早的公开资料，未发现公司发布任何关于未来具体事件(如新项目投产、 融资进展或产品发布)的公告。 行业政策与环境 电气设备零件板块同期波动较大，但公司未披露机构评级或战略变动信息。 以上内容基于公开资料整理，不构成投资建议。 ...

经济观察网晖阳新能源(EPOW.us)股价近期出现异动，单日急速拉升5.08%，报收1.030美元/股，成交量 2.6327万股，换手率0.07%，振幅6.11%。此次波动发生在电气设备零件行业整体涨幅2.38%的背景下。 业务进展情况 晖阳新能源主要从事电动汽车石墨负极材料的研发与销售，其合资企业正在贵州省建设一座制造工厂， 利用可再生能源生产低成本、环保的石墨负极材料，产品包括GS-1、GS-2等系列。该工厂的推进是公 司长期发展的关键节点，但近期未披露具体投产时间表或新项目公告。 以上内容基于公开资料整理，不构成投资建议。 业绩经营情况 根据最新财报，公司营业收入为27.97百万美元，净利润-1.26百万美元，每股收益-0.05美元，毛利3.70 百万美元，市盈率(TTM)为-3.18倍。目前暂无机构对该股发布评级建议。 ...

Core Viewpoint - E-Power Inc. has signed a Memorandum of Understanding (MOU) with Kehui International Ltd to establish a joint venture named E-Power Grid Inc. USA, focusing on microgrids, power equipment, and power automation in North America [1][4]. Group 1: Joint Venture Details - The joint venture will have E-Power as the majority shareholder with at least a 55% stake [2]. - The agreement includes performance-based milestones, targeting $3 million in cumulative sales within the first three years to ensure long-term patent retention [5]. - E-Power will invest $1.5 million in cash for the initial registration and establishment of the joint venture [8]. Group 2: Technological Contributions - Kehui International will contribute its proprietary "Synchronous Constant Frequency Microgrid" patents and provide ongoing technical support [8]. - The joint venture will have exclusive rights to utilize the contributed patent technology within the United States and Canada [8]. Group 3: Market and Operational Strategy - The partnership includes a priority procurement clause, ensuring the joint venture utilizes Kehui's high-quality power products when they meet competitive market standards [8]. - The joint task force will be formed within 30 days to finalize registration, patent appraisals, and capital transfers [5]. Group 4: Company Backgrounds - Kehui International Ltd is recognized for its pioneering work in smart grid and microgrid technology, holding over 80 domestic and international patents [6]. - E-Power is engaged in manufacturing and selling graphite anode material for lithium-ion batteries, with a focus on renewable energy sources for production [10].

Core Viewpoint - The company has rebranded from Sunrise New Energy Co., Ltd. to E-Power Inc. to align with its new focus on artificial intelligence data center microgrid solutions [1][2]. Business Transition - The rebranding reflects a shift from producing graphite anode materials for lithium-ion batteries to providing AI-driven microgrid solutions [2]. - Recent initiatives include the development of grid-scale energy storage systems and local production capacity in the U.S. through E-Power Grid Inc. to meet the rising demand for microgrids and energy storage [2]. - The company is also advancing research in solid-state battery anode materials and sodium-ion battery technology [2]. Company Overview - E-Power Inc. is headquartered in Zibo, Shandong Province, China, and operates through subsidiaries engaged in manufacturing and selling graphite anode materials for lithium-ion batteries [3]. - The company has a plant in Guizhou Province, China, utilizing renewable energy sources, which helps reduce production costs and environmental impact [3]. - Additionally, E-Power Inc. operates a knowledge-sharing platform through its subsidiaries [3].

Financial Performance - Total revenues for the six months ended June 30, 2025, were $27,967,081, representing an increase from $22,283,171 in the same period of 2024, a growth of approximately 25%[5] - Gross profit for the six months ended June 30, 2025, was $3,698,737, compared to $17,389 in the same period of 2024, indicating a significant improvement in profitability[5] - The net loss attributable to Sunrise New Energy Co., Ltd. ordinary shareholders for the six months ended June 30, 2025, was $1,257,060, a reduction from a net loss of $4,451,462 in the same period of 2024[5] - The company reported a total comprehensive loss of $2,366,694 for the six months ended June 30, 2025, compared to a loss of $6,989,680 in the same period of 2024, indicating an improvement in overall financial performance[5] - For the six months ended June 30, 2025, the net loss was $2,840,146, compared to a net loss of $6,040,235 for the same period in 2024, indicating a significant improvement[10] - The company reported a significant increase in accounts receivable, totaling $6,227,109 for the six months ended June 30, 2025, compared to a decrease of $3,981,127 for the same period in 2024[10] - The company incurred a net loss of $2,840,146 for the six months ended June 30, 2025, with net cash used in operating activities amounting to $19,876,814[126] - The company's loss before income taxes for the six months ended June 30, 2025, was $2,840,007, a decrease from $6,020,972 in the same period of 2024[189] Assets and Liabilities - Total current assets increased to $90,717,535 as of June 30, 2025, up from $63,010,873 as of December 31, 2024, reflecting a growth of approximately 44%[2] - Total liabilities rose to $150,122,085 as of June 30, 2025, compared to $115,728,359 as of December 31, 2024, an increase of about 30%[3] - The company’s total assets reached $175,395,240 as of June 30, 2025, up from $143,023,032 as of December 31, 2024, reflecting an increase of approximately 23%[3] - The company had cash and cash equivalents and restricted cash of $27,408,386 as of June 30, 2025, indicating liquidity challenges[130] - As of June 30, 2025, the working capital deficit was $18,698,359, raising concerns about the company's ability to continue as a going concern[126] - The company’s total liabilities remained unchanged at $6,627,374 as of June 30, 2025, compared to the previous reporting period[40] - The total outstanding balance of the long-term facility collateralized by plant and equipment was approximately $6,689,053 as of June 30, 2025[167] Cash Flow and Financing - Cash and cash equivalents significantly increased to $19,921,398 as of June 30, 2025, from $1,264,463 as of December 31, 2024, marking a growth of over 1,475%[2] - Cash used in operating activities for the six months ended June 30, 2025, was $19,876,814, compared to $6,949,921 for the same period in 2024, reflecting increased operational expenditures[10] - The total cash provided by financing activities for the six months ended June 30, 2025, was $46,864,692, compared to $18,067,381 for the same period in 2024, highlighting increased financing efforts[10] - The company received the first installment of subscription proceeds of RMB50,000,000 (approximately $6,979,731) from Xinyang Partnership as part of a capital increase agreement[180] Investments and Expenses - Research and development expenses for the six months ended June 30, 2025, were $754,331, compared to $847,852 in the same period of 2024, showing a decrease in R&D spending[5] - The company made substantial investments in plant, property, and equipment, totaling $4,998,562 for the six months ended June 30, 2025, compared to $983,157 for the same period in 2024[10] - The company reported a depreciation and amortization expense of $2,600,280 for the six months ended June 30, 2025, compared to $2,381,550 for the same period in 2024, showing an increase in asset utilization[10] - The company incurred share-based compensation of $245,176 for the six months ended June 30, 2025, down from $607,742 for the same period in 2024, indicating a reduction in equity-based expenses[10] Related Party Transactions and Agreements - EPOW became the ultimate parent entity of its subsidiaries and the primary beneficiary of the variable interest entity (VIE), SDH, following a reorganization[19] - GIOP BJ has the exclusive right to provide SDH with technical support and consulting services, with service fees based on SDH's earnings before corporate income tax[23] - The Exclusive Option Agreement allows GIOP BJ to purchase equity interests in SDH at a price of RMB 10 (approximately US$1.37) or the minimum amount permitted under PRC law[29] - The Equity Pledge Agreement secures GIOP BJ's rights to collect dividends and dispose of pledged equity interests in case of a breach by SDH or its shareholders[26] - The VIE Agreements were established in June 2019, obligating GIOP BJ to absorb a majority of the risk of loss from SDH's business activities[20] - The CEO of GIOP BJ, Mr. Haiping Hu, manages SDH under the terms of the Exclusive Service Agreement, which allows for related party transactions[25] Taxation and Compliance - The effective tax rate for the six months ended June 30, 2025, was 0.00%, compared to 0.32% for the same period in 2024[189] - The total deferred tax assets, net, as of June 30, 2025, amounted to $316,670, down from $778,778 as of December 31, 2024[190] - The company has established a valuation allowance of $9,722,654 as of June 30, 2025, reflecting the uncertainty of realizing deferred tax assets[190] - As of June 30, 2025, the company did not comply with financial covenants for loans totaling $67,544,444, but the lenders had not declared defaults[128] Inventory and Receivables - Accounts receivable decreased from $36,901,720 as of December 31, 2024, to $31,294,902 as of June 30, 2025, representing a decline of approximately 15.2%[134] - Net accounts receivable also fell from $28,992,149 to $23,305,855, a decrease of about 19.7%[134] - Total inventories decreased significantly from $30,335,511 as of December 31, 2024, to $17,660,390 as of June 30, 2025, reflecting a reduction of approximately 41.8%[135] - The impairment of inventories was nil for the six months ended June 30, 2025, compared to $2,845,727 for the same period in 2024[135] Acquisitions and Impairments - The Company acquired 100% of Sunrise Tech's assets for a gross consideration of RMB 40,000,000, with payments structured over several years[159] - The Company recognized a full impairment of $282,450 for its investment in Yinzhirun in the second half of 2023 due to concerns over its ability to continue as a going concern[148] - A full impairment of $236,053 was provided for the investment in Cheyi in the second half of 2022, reflecting significant concerns about the investee's viability[150] - The Company provided a full impairment of $74,337 for its investment in Outu in the second half of 2022, citing going-concern issues[152] - A full impairment of $74,337 was also recognized for the investment in Qianshier in the second half of 2022 due to enforcement proceedings related to a rental dispute[154] - The investment in Jiamenkou was fully impaired by $74,337 in the second half of 2022, as the investee was involved in legal proceedings[156] - The Company recognized a full impairment of $38,131 for its investment in Funeng in the second half of 2023, attributed to insufficient cash to support operations[157]

Core Viewpoint - Sunrise New Energy (EPOW) has signed a significant anode material supply agreement with Xiaolu Lithium, which is expected to enhance revenue growth for the company starting in 2026 [1] Group 1: Agreement Details - Sunrise is set to supply approximately 3,000 tons of anode materials to Xiaolu Lithium [1] - The estimated total contract value of the agreement is approximately $11 million [1] Group 2: Product Applications - The anode materials are designed for high-rate discharge applications, which include use in unmanned aerial vehicles and energy storage [1] - The products are expected to deliver strong power performance for various high-performance battery use cases [1]

Core Viewpoint - Huayang New Energy (EPOW) shows a significant increase in revenue and a notable growth in net profit despite reporting a loss, indicating potential for future profitability in the electric vehicle and lithium-ion battery materials sector [1] Financial Performance - As of December 31, 2024, Huayang New Energy reported total revenue of $64.9977 million, representing a year-on-year growth of 44.28% [1] - The company recorded a net profit attributable to shareholders of -$11.7764 million, which is an improvement with a year-on-year increase of 51.4% [1] Company Overview - Huayang New Energy is headquartered in Zibo, Shandong Province, China, and is engaged in the research, manufacturing, and sales of electric vehicle and lithium-ion battery graphite anode materials through joint ventures [1] - The company is constructing a manufacturing plant in Guizhou Province, covering an area of 138,000 square meters, which utilizes low-cost electricity from renewable energy sources to significantly reduce costs and minimize environmental impact [1] - The founder and CEO, Hu Haiping, has been a key pioneer in China's graphite anode industry since 1999, and the core team consists of industry veterans with decades of experience and multiple successful entrepreneurial ventures in lithium battery anode materials [1] Strategic Initiatives - In addition to its core business, Huayang New Energy is exploring strategic alternatives for its traditional internet knowledge-sharing platform business [1]

Core Insights - Sunrise New Energy Co., Ltd. has signed an anode material supply agreement with Xiaolu Lithium, with an expected supply of approximately 3,000 tons of anode materials starting in 2026, valued at around USD 11 million [1] - The anode materials are intended for high-rate discharge applications, particularly for unmanned aerial vehicles (UAVs) and energy storage systems, indicating a new revenue growth opportunity for the company [1][3] - Xiaolu Lithium specializes in sodium-ion and lithium-ion batteries, with products used in various applications including power tools and smart home devices, and has a global export reach to over 30 countries [2] Company Overview - Sunrise New Energy is headquartered in Zibo, Shandong Province, China, and focuses on manufacturing graphite anode material for lithium-ion batteries [5] - The company operates a manufacturing facility in Guizhou Province with a production capacity of 50,000 tons, utilizing renewable energy sources to minimize environmental impact [5] - The management team comprises industry experts with extensive experience in the graphite anode sector, enhancing the company's competitive edge [5] Market Position and Future Outlook - The agreement with Xiaolu Lithium reflects the recognition of Sunrise's technological capabilities and product reliability in high-rate discharge applications [3] - The company aims to leverage its R&D expertise and manufacturing capabilities to capture market opportunities in high-performance battery applications and diversify its customer base [4] - As sodium-ion batteries gain traction, Sunrise anticipates increased shipment volumes through collaborations with high-quality customers [3]

Core Insights - Sunrise New Energy Co., Ltd. has signed a supply agreement with Anhui Narada Huatuo New Energy Technology Co., Ltd. to deliver 246 tons of graphite anode materials this month, with an expected total annual supply of 3,000 tons [1][3] - This agreement signifies Sunrise's entry into the telecom tower backup power market, expanding the application of its anode materials in the communication energy sector [1][3] - The demand for high-performance lithium-based backup systems is anticipated to rise due to the acceleration of 5G network deployment, presenting long-term growth potential for Sunrise [3] Company Overview - Sunrise New Energy Co., Ltd. is headquartered in Zibo, Shandong Province, China, and is engaged in the manufacturing and sale of graphite anode material for lithium-ion batteries [5] - The company operates a manufacturing facility in Guizhou Province with a production capacity of 50,000 tons, utilizing inexpensive electricity from renewable sources, positioning itself as a low-cost and environmentally friendly producer [5] - The management team of Sunrise comprises experts with extensive experience and a strong track record in the graphite anode industry [5] Market Position - Anhui Narada Huatuo New Energy Technology, a key business unit of Narada Power, holds a strong market position in the energy storage and backup power industry, particularly in telecom tower backup systems and large-scale energy storage stations [2] - The collaboration with Narada Power enhances the credibility of Sunrise's graphite anode materials in critical backup power applications [3] - The company plans to enhance product performance, expand production capabilities, and broaden the application of its anode materials across various sectors, facilitating market expansion both domestically and internationally [4]