Why Is Sunrise New Energy (EPOW) Stock Up 34% Today?

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 ...