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]

ZIBO, China, June 25, 2024 (GLOBE NEWSWIRE) -- Sunrise New Energy Co., Ltd. ("Sunrise New Energy", the "Company", "we" or "our") (NASDAQ:EPOW), today announced the acquisition of a significant new client, Times Geely (Sichuan) Power Battery Co., Ltd. ("Times Geely"), which will commence with a substantial monthly order of 300 tons of anode materials for power batteries. Times Geely is a joint venture between CATL(Contemporary Amperex Technology Co., Ltd.), the world's largest power battery manufacturer and ...

ZIBO, China, June 25, 2024 (GLOBE NEWSWIRE) -- Sunrise New Energy Co., Ltd. (“Sunrise New Energy”, the “Company”, “we” or “our”) (NASDAQ: EPOW), today announced the acquisition of a significant new client, Times Geely (Sichuan) Power Battery Co., Ltd. ("Times Geely"), which will commence with a substantial monthly order of 300 tons of anode materials for power batteries. Times Geely is a joint venture between CATL(Contemporary Amperex Technology Co., Ltd.), the world's largest power battery manufacturer and ...

ZIBO, China, June 24, 2024 (GLOBE NEWSWIRE) -- Sunrise New Energy Co., Ltd. ("Sunrise New Energy", the "Company", "we" or "our") (NASDAQ:EPOW), today announced the successful delivery of 5,800 tons of energy storage material to Xiamen HiTHIUM Energy Storage Technology Co., Ltd. (Xiamen HiTHIUM) by June 23, 2024. As part of the 25,000 tons energy storage material order, Sunrise New Energy will now commence a stable monthly delivery of 2,500 tons starting in June 2024 to fulfill the remaining quantity. Sunris ...

Sunrise New Energy (NASDAQ:EPOW) stock is up on Monday after the lithium-ion battery maker was granted new patent funding.This was granted to its subsidiary Sunrise (Guizhou) New Energy. The patent funding comes from the 2024 Guizhou Provincial Key Projects for Promoting the Utilization of Intellectual Property.According to Sunrise New Energy, this covers its Patent No. ZL202210400775.2, which is titled “Preparation Method of Lithium-Ion Battery Anode Material.” It says this patent improves the initial effi ...

ZIBO, China, June 21, 2024 (GLOBE NEWSWIRE) -- Sunrise New Energy Co., Ltd. ("Sunrise New Energy", the "Company", "we" or "our") (NASDAQ:EPOW), today announced that its subsidiary, Sunrise (Guizhou) New Energy Co., Ltd., has been selected for the "2024 Guizhou Provincial Key Projects for Promoting the Utilization of Intellectual Property" funding list. This recognition was released by the Guizhou Provincial Market Supervision Administration (Intellectual Property Office) on June 17th, marking a significant ...

ZIBO, China, June 18, 2024 (GLOBE NEWSWIRE) -- Sunrise New Energy Co., Ltd. ("Sunrise New Energy", the "Company", "we" or "our") (NASDAQ:EPOW), today announced that it has been officially recognized as one of the first batch of "Specialized, Refined, Unique, and Innovative Small and Medium Enterprises" for 2024 by the Guizhou Provincial Department of Industry and Information Technology. Sunrise New Energy has established itself as a leader in the field by emphasizing technological innovation as its core dr ...

ZIBO, China, June 18, 2024 (GLOBE NEWSWIRE) -- Sunrise New Energy Co., Ltd. (“Sunrise New Energy”, the “Company”, “we” or “our”) (NASDAQ: EPOW), today announced that it has been officially recognized as one of the first batch of "Specialized, Refined, Unique, and Innovative Small and Medium Enterprises" for 2024 by the Guizhou Provincial Department of Industry and Information Technology. Sunrise New Energy has established itself as a leader in the field by emphasizing technological innovation as its core d ...