ZIBO, China, Aug. 13, 2024 (GLOBE NEWSWIRE) — Sunrise New Energy Co., Ltd. (“Sunrise”, the “Company”, “we” or “our”) (NASDAQ: EPOW) today announced that the Guizhou Provincial Radio and Television Channel’s “Finance Qianxinan” program featured an interview with Mr. Haiping Hu, the founder and CEO of Sunrise.
The report highlighted that Sunrise is a leading manufacturer of anode materials for lithium-ion batteries, driving industrial innovation through technological innovation, and holding more than 70 patents worldwide. Sunrise’s products cover a wide range of anode materials including synthetic graphite, natural graphite, composite graphite, soft carbon, hard carbon and silicon carbon, which are widely used in electronics, electric vehicles and energy storage. Sunrise has established comprehensive R&D partnerships with several industry-leading companies across the entire value chain.
“In the first half of 2024, Sunrise (Guizhou) New Energy Materials Co., Ltd. sold 10,400 tons of products, an increase of 132% over the same period last year,” commented Mr. Haiping Hu. “The company’s production capacity can meet the increasing demand for high-quality anode materials from several leading companies with which it has signed contracts.”
Guizhou Provincial Radio and Television Channel commented that Sunrise is strengthening its leading role in technological innovation and industrialization. The company is continuously improving its competitiveness, effectively promoting the high-quality development of the industry and making a positive contribution to the economy of Guizhou Province.
About Sunrise New Energy Co., Ltd
Sunrise New Energy Co., Ltd., headquartered in Zibo, Shandong Province, China, is engaged in the manufacture and sale of graphite anode material for lithium-ion batteries through its joint venture. The company’s joint venture has completed the construction of a manufacturing plant with a production capacity of 50,000 tons in Guizhou Province, China. The plant is powered by low-cost electricity from renewable sources, which helps Sunrise New Energy to be a low-cost and environmentally friendly producer of graphite anode material. Mr. Haiping Hu, the founder and CEO of the company, has been a key pioneer of the graphite anode industry in China since 1999. The company’s management team also consists of experts with years of experience and strong track records in the graphite anode industry. In addition, the company also operates a knowledge sharing platform in China. For more information, please visit the company’s website at www.sunrisenewenergy.com.
Forward-looking statements
Certain statements in this press release regarding the Company’s future expectations, plans and prospects constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements regarding plans, objectives, strategies, future events, anticipated results, assumptions and all other statements of fact that have not occurred. All words that refer to “may,” “will,” “will,” “should,” “believe,” “expect,” “anticipate,” “estimate,” “estimate” or similar non-factual words are forward-looking statements. Actual results could differ materially from historical results or those expressed in these forward-looking statements as a result of various factors. These factors include, among others, the Company’s strategic objectives, the Company’s future plans, market demand and user acceptance of the Company’s products or services, technological innovations, economic trends, the Company’s reputation and brand, the impact of industry competition and tenders, relevant policies and regulations, the ups and downs of China’s macroeconomic conditions, relevant international market conditions and other related risks and assumptions disclosed in the Company’s Annual Report on Form 20-F filed on the SEC’s website. In view of the foregoing and other related reasons, we encourage investors to visit the SEC’s website and consider other factors that could affect the Company’s future operating results. The Company undertakes no obligation to publicly release any revisions to these forward-looking statements, except as required by law.
For further information please contact:
The company:
IR Department
Email: [email protected]
Phone: +86 4009919228
