Core Insights - Sunrise New Energy Co., Ltd. has signed an annual supply agreement with Shanghai Pylon Technologies Co., Ltd. to supply 5,000 tons of high-performance anode materials, valued at USD 15.1 million [1] - This agreement marks Sunrise's entry into the European energy storage supply chain and establishes a strategic partnership with a leading global player in the industry [3] - The company aims to leverage its advanced R&D capabilities and production capacity to ensure a stable and high-quality supply to Pylontech while expanding its collaboration with global energy storage enterprises [4] Company Overview - Sunrise New Energy Co., Ltd. is headquartered in Zibo, Shandong Province, China, and focuses on manufacturing and selling graphite anode material for lithium-ion batteries [5] - The company has a manufacturing facility in Guizhou Province with a production capacity of 50,000 tons, utilizing inexpensive renewable energy sources, positioning itself as a low-cost and environmentally friendly producer [5] - The management team includes industry experts with extensive experience and a strong track record in the graphite anode sector [5] Industry Context - Pylontech is recognized as a leading provider of energy storage systems, particularly in the European residential energy storage market, and has maintained a dominant position for several consecutive years [2] - The partnership with Pylontech is expected to accelerate Sunrise's expansion into international energy storage markets, generating substantial long-term growth momentum [3]