Sunrise New Energy(US:EPOW) Jin Rong Jie·2025-08-11 19:31Core Viewpoint - Huayang New Energy (EPOW) shows significant growth in revenue and a strategic focus on sustainable manufacturing in the lithium battery sector [1] Financial Performance - As of December 31, 2024, Huayang New Energy reported total revenue of $64.9977 million, representing a year-on-year increase of 44.28% [1] - The company recorded a net profit attributable to shareholders of -$11.7764 million, which reflects 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 lithium-ion battery graphite anode materials through joint ventures [1] - The company is constructing a manufacturing facility covering 138,000 square meters in Guizhou Province, China, which utilizes low-cost renewable energy for production, significantly reducing costs and 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 [1] Strategic Initiatives - The company is exploring strategic alternatives for its traditional internet knowledge-sharing platform business while focusing on its core operations in the lithium battery sector [1]