Sunrise Secures $1.04 Million in Funding for Innovative Silicon-Carbon Anode Project

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]