Sunrise New Energy(US:EPOW) Globenewswireยท2025-09-26 19:30Core Insights - Sunrise New Energy Co., Ltd. is establishing a 1GW lithium battery pack project in the United States through its subsidiary, Alchemistica Incorporated, to meet the growing demand for energy storage batteries in North America [1][3] - The project will be led by Mr. Haiping Hu, the founder and CEO, who brings extensive experience in battery pack production and market expansion [2] - The initiative aims to create synergies between the company's upstream anode material business and downstream battery applications, enhancing sales of graphite anode materials and fostering a new energy ecosystem in North America [3] Company Overview - Sunrise New Energy is headquartered in Zibo, Shandong Province, China, and specializes in manufacturing graphite anode materials for lithium-ion batteries [4] - The company has a joint venture that operates a manufacturing facility in Guizhou Province, China, with a production capacity of 50,000 tons, utilizing renewable energy sources for low-cost and environmentally friendly production [4] - Mr. Haiping Hu has been a pioneer in the graphite anode industry in China since 1999, supported by a management team with significant industry experience [4]