EPOW's CEO Purchased 245,000 Shares of the Company's Ordinary Shares

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 [2] - The company operates a joint venture that is constructing a manufacturing plant of 260,543 square meters in Guizhou Province, China, utilizing inexpensive electricity from renewable sources, positioning itself as a low-cost and environmentally friendly producer [2] - The management team consists of experts with extensive experience and a strong track record in the graphite anode industry, and the company also runs a knowledge-sharing platform in China [2] Recent Developments - Mr. Haiping Hu, the CEO of Sunrise, purchased 245,000 shares of the company's ordinary shares at a price of $1.0706 per share, totaling approximately $262,297, increasing his total ownership to 7,107,933 shares [1] - Mr. Hu expressed pride in the team's accomplishments and stated his unwavering confidence in the company's future prospects [1]