Core Insights - Sunrise New Energy Co., Ltd. has signed a supply agreement with Anhui Narada Huatuo New Energy Technology Co., Ltd. to deliver 246 tons of graphite anode materials this month, with an expected total annual supply of 3,000 tons [1][3] - This agreement signifies Sunrise's entry into the telecom tower backup power market, expanding the application of its anode materials in the communication energy sector [1][3] - The demand for high-performance lithium-based backup systems is anticipated to rise due to the acceleration of 5G network deployment, presenting long-term growth potential for Sunrise [3] 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 [5] - The company operates a manufacturing facility in Guizhou Province with a production capacity of 50,000 tons, utilizing inexpensive electricity from renewable sources, positioning itself as a low-cost and environmentally friendly producer [5] - The management team of Sunrise comprises experts with extensive experience and a strong track record in the graphite anode industry [5] Market Position - Anhui Narada Huatuo New Energy Technology, a key business unit of Narada Power, holds a strong market position in the energy storage and backup power industry, particularly in telecom tower backup systems and large-scale energy storage stations [2] - The collaboration with Narada Power enhances the credibility of Sunrise's graphite anode materials in critical backup power applications [3] - The company plans to enhance product performance, expand production capabilities, and broaden the application of its anode materials across various sectors, facilitating market expansion both domestically and internationally [4]