ZIBO, China, April 24, 2025 (GLOBE NEWSWIRE) -- Sunrise New Energy Co., Ltd. (“Sunrise”, the “Company”, “we” or “our”) (NASDAQ: EPOW), a leading innovator in battery materials, today announced that the company-led project titled “Research and Demonstration of Key Engineering Technologies for Long-Life, Low-Cost Sodium-Ion Battery Hard Carbon Anode Materials” has officially been approved by the Guizhou Provincial Department of Science and Technology following multiple rounds of expert panel reviews. The proj ...

ZIBO, China, Dec. 02, 2024 (GLOBE NEWSWIRE) -- Sunrise New Energy Co., Ltd. (“Sunrise”, the “Company”, “we” or “our”) (NASDAQ: EPOW), today announced robust sales growth, highlighting its expanding influence in the electric vehicle (EV) and energy storage sectors. In October 2024, the Company achieved a sales volume of 3,419 tons, representing an extraordinary 449.8% increase compared to October 2023. From January to October 2024, cumulative sales reached 22,476 tons, marking a 131.1% increase compared to t ...

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 [3] - The company operates a joint venture that has completed a manufacturing facility in Guizhou Province with a production capacity of 50,000 tons, utilizing inexpensive renewable energy [3] - The management team consists of experts with extensive experience in the graphite anode industry, and the company also runs a knowledge-sharing platform in China [3] Project Announcement - Sunrise announced that its project on "Key Technologies and Engineering for New Silicon-Carbon Anode Materials in Lithium-Ion Batteries" received approval from the Guizhou Provincial Department of Science and Technology [1] - The project was awarded a special technology fund of USD 1.04 million after multiple evaluations [1] - The project features advanced technology with a specific capacity of ≥1900mAh/g, a first coulomb efficiency of ≥91%, and a cycle life of 1000 cycles with a capacity retention rate of ≥80%, positioning it at the forefront of global battery technology [1] CEO Statement - The CEO of Sunrise, Mr. Haiping Hu, emphasized that this project is unique in Guizhou Province, being the only one led by an anode materials company to receive such funding [2] - He highlighted the company's commitment to research and production of cutting-edge anode materials for lithium batteries, aiming to create value and deliver strong returns to shareholders [2] - The achievement reflects the company's dedication and expertise in advancing battery technology [2]

ZIBO, China, Aug. 13, 2024 (GLOBE NEWSWIRE) -- Sunrise New Energy Co., Ltd. (“Sunrise”, the “Company”, “we” or “our”) (NASDAQ: EPOW), today announced that the Guizhou Provincial Radio and Television Channel's "Finance Qianxinan" program featured an interview with Mr. Haiping Hu, the founder and CEO of Sunrise. The report highlighted that Sunrise is a leading manufacturer of lithium-ion battery anode materials, driving industrial innovation through technological innovation and has held more than 70 patents g ...

ZIBO, China, July 22, 2024 (GLOBE NEWSWIRE) -- Sunrise New Energy Co., Ltd. ("Sunrise New Energy", the "Company", "we" or "our") (NASDAQ:EPOW), today announced that it has successfully secured an additional $13.75 million low-interest loan from China Construction Bank (CCB). This brings the total loans received from CCB in 2024 to $27.51 million. The new funds will significantly enhance the company's liquidity, allowing for quicker delivery of orders from major global lithium battery manufacturers such as C ...

ZIBO, China, July 15, 2024 (GLOBE NEWSWIRE) -- Sunrise New Energy Co., Ltd. ("Sunrise New Energy", the "Company", "we" or "our") (NASDAQ:EPOW), today announced the development of two innovative silicon-carbon anode products designed to meet the rapidly growing demands of electric vehicles and high-end 3C digital products. These products feature high energy density and high discharge rates. One product has a capacity of 1660mAh/g with an initial efficiency of 90%, while the other offers a capacity of 1800mAh ...

ZIBO, China, July 15, 2024 (GLOBE NEWSWIRE) -- Sunrise New Energy Co., Ltd. (“Sunrise New Energy”, the “Company”, “we” or “our”) (NASDAQ: EPOW), today announced the development of two innovative silicon-carbon anode products designed to meet the rapidly growing demands of electric vehicles and high-end 3C digital products. These products feature high energy density and high discharge rates. One product has a capacity of 1660mAh/g with an initial efficiency of 90%, while the other offers a capacity of 1800mA ...

ZIBO, China, July 11, 2024 (GLOBE NEWSWIRE) -- Sunrise New Energy Co., Ltd. ("Sunrise New Energy", the "Company", "we" or "our") (NASDAQ:EPOW), today announced the successful development of a new generation of anode material for solid-state batteries. This innovative porous silicon-carbon material promises a long driving range of over 1000 kilometers for the electric vehicle and high capacity. The new anode material boasts an impressive first charging capacity of nearly 1800mAh/g and a first coulomb efficie ...

Core Insights - Sunrise New Energy Co., Ltd. has developed a new generation of porous silicon-carbon anode material for solid-state batteries, which enables electric vehicles to achieve a driving range of over 1000 kilometers [1][2] - The new anode material features a first charging capacity of nearly 1800mAh/g and a first coulomb efficiency of approximately 91%, along with a cycle life of around 1500 to 2000 cycles [1][2] Company Overview - Sunrise New Energy is headquartered in Zibo, Shandong Province, China, and is involved in the manufacturing and sale of graphite anode material for lithium-ion batteries [3] - The company has a joint venture that operates a manufacturing facility in Guizhou Province with a production capacity of 50,000 tons, utilizing inexpensive renewable electricity to minimize costs and environmental impact [3] - The management team includes industry experts with extensive experience in the graphite anode sector, and the company also runs a knowledge-sharing platform in China [3]

Core Insights - Sunrise New Energy Co., Ltd. has secured a $13.76 million low-interest loan from China Construction Bank, enhancing its liquidity to expedite the delivery of high-demand orders from major clients in the lithium battery sector [1][2] - The loan approval reflects a comprehensive evaluation of the company's assets, financial status, technological achievements, and market recognition, indicating strong creditworthiness [1] - The CEO of Sunrise New Energy highlighted that the loan will not dilute shareholder equity and will enable the company to increase revenue and profits by taking on more orders [2] Company Overview - Sunrise New Energy is headquartered in Zibo, Shandong Province, China, and specializes in manufacturing and selling graphite anode material for lithium-ion batteries [3] - 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 [3] - The management team consists of industry experts with extensive experience, and the company also runs a knowledge-sharing platform in China [3]