Articles from Sunrise New Energy Co., Ltd

ZIBO, China, Dec. 02, 2024 (GLOBE NEWSWIRE) -- Sunrise New Energy Co., Ltd. (“Sunrise”, the “Company”, “we” or “our”) (NASDAQ: EPOW), today announced robust sales growth, highlighting its expanding influence in the electric vehicle (EV) and energy storage sectors. In October 2024, the Company achieved a sales volume of 3,419 tons, representing an extraordinary 449.8% increase compared to October 2023. From January to October 2024, cumulative sales reached 22,476 tons, marking a 131.1% increase compared to the same period in 2023.

ZIBO, China, Oct. 14, 2024 (GLOBE NEWSWIRE) -- Sunrise New Energy Co., Ltd. (“Sunrise”, the “Company”, “we” or “our”) (NASDAQ: EPOW), today announced its "Key Technologies and Engineering for New Silicon-Carbon Anode Materials in Lithium-Ion Batteries" project officially received approval from the expert panel of the Guizhou Provincial Department of Science and Technology. Following multiple rounds of evaluations, the project was granted a special technology fund of USD 1.04 million.

ZIBO, China, Sept. 10, 2024 (GLOBE NEWSWIRE) -- Sunrise New Energy Co., Ltd. (“Sunrise”, the “Company”, “we” or “our”) (NASDAQ: EPOW), today announced that the Company has received a formal notification from the Nasdaq Capital Market, LLC (“Nasdaq”), dated September 9, 2024, notifying the Company that it has regained compliance with the minimum bid price requirement as set forth under NASDAQ Listing Rule 5550(a)(2) for continued listing on Nasdaq.

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.

ZIBO, China, July 22, 2024 (GLOBE NEWSWIRE) -- Sunrise New Energy Co., Ltd. (“Sunrise New Energy”, the “Company”, “we” or “our”) (NASDAQ: EPOW), today announced that it has successfully secured an additional $13.75 million low-interest loan from China Construction Bank (CCB). This brings the total loans received from CCB in 2024 to $27.51 million. The new funds will significantly enhance the company’s liquidity, allowing for quicker delivery of orders from major global lithium battery manufacturers such as CATL, BYD, and HiTHIUM.

ZIBO, China, July 15, 2024 (GLOBE NEWSWIRE) -- Sunrise New Energy Co., Ltd. (“Sunrise New Energy”, the “Company”, “we” or “our”) (NASDAQ: EPOW), today announced the development of two innovative silicon-carbon anode products designed to meet the rapidly growing demands of electric vehicles and high-end 3C digital products. These products feature high energy density and high discharge rates. One product has a capacity of 1660mAh/g with an initial efficiency of 90%, while the other offers a capacity of 1800mAh/g with an initial efficiency exceeding 91%.

ZIBO, China, July 11, 2024 (GLOBE NEWSWIRE) -- Sunrise New Energy Co., Ltd. (“Sunrise New Energy”, the “Company”, “we” or “our”) (NASDAQ: EPOW), today announced the successful development of a new generation of anode material for solid-state batteries. This innovative porous silicon-carbon material promises a long driving range of over 1000 kilometers for the electric vehicle and high capacity.

Loan Enhances Liquidity to Accelerate Delivery of High-Demand Orders

ZIBO, China, June 25, 2024 (GLOBE NEWSWIRE) -- Sunrise New Energy Co., Ltd. (“Sunrise New Energy”, the “Company”, “we” or “our”) (NASDAQ: EPOW), today announced the acquisition of a significant new client, Times Geely (Sichuan) Power Battery Co., Ltd. ("Times Geely"), which will commence with a substantial monthly order of 300 tons of anode materials for power batteries.

ZIBO, China, June 24, 2024 (GLOBE NEWSWIRE) -- Sunrise New Energy Co., Ltd. (“Sunrise New Energy”, the “Company”, “we” or “our”) (NASDAQ: EPOW), today announced the successful delivery of 5,800 tons of energy storage material to Xiamen HiTHIUM Energy Storage Technology Co., Ltd. (Xiamen HiTHIUM) by June 23, 2024. As part of the 25,000 tons energy storage material order, Sunrise New Energy will now commence a stable monthly delivery of 2,500 tons starting in June 2024 to fulfill the remaining quantity.

ZIBO, China, June 21, 2024 (GLOBE NEWSWIRE) -- Sunrise New Energy Co., Ltd. (“Sunrise New Energy”, the “Company”, “we” or “our”) (NASDAQ: EPOW), today announced that its subsidiary, Sunrise (Guizhou) New Energy Co., Ltd., has been selected for the "2024 Guizhou Provincial Key Projects for Promoting the Utilization of Intellectual Property" funding list. This recognition was released by the Guizhou Provincial Market Supervision Administration (Intellectual Property Office) on June 17th, marking a significant milestone for the Company.

ZIBO, China, June 18, 2024 (GLOBE NEWSWIRE) -- Sunrise New Energy Co., Ltd. (“Sunrise New Energy”, the “Company”, “we” or “our”) (NASDAQ: EPOW), today announced that it has been officially recognized as one of the first batch of "Specialized, Refined, Unique, and Innovative Small and Medium Enterprises" for 2024 by the Guizhou Provincial Department of Industry and Information Technology.

ZIBO, China, May 23, 2024 (GLOBE NEWSWIRE) -- Sunrise New Energy Co., Ltd. (“Sunrise”, the “Company”, “we” or “our”) (NASDAQ: EPOW), announced that its net revenues increased by $7 million, or 18.16%, from $38.1 million for the year ended December 31, 2022, to $45.1 million for the year ended December 31, 2023. Revenues from graphite anode material sales business accounted for 98.52% and 98.57% of net revenues for the years ended December 31, 2023 and 2022, respectively. The Company had supplied products to 23 customers for 12,513 tons for the year ended December 31, 2023, as compared to 16 customers for 6,225 tons for year ended December 31, 2022.

ZIBO, China, April 17, 2024 (GLOBE NEWSWIRE) -- Sunrise New Energy Co., Ltd. (“Sunrise”, the “Company”, “we” or “our”) (NASDAQ: EPOW), today announced that the front page of Guizhou Daily prominently featured a special report on Sunrise, titled " Intellectual Property Drives Substantial Enterprise Value – The Journey of a New Energy Enterprise." Guizhou Daily, the most influential comprehensive media outlet in the province, highlighted Sunrise's advanced research and substantial economic value.

ZIBO, China, April 16, 2024 (GLOBE NEWSWIRE) -- Sunrise New Energy Co., Ltd. (“Sunrise”, the “Company”, “we” or “our”) (NASDAQ: EPOW), today announced that Guizhou Province Governor Li Bingjun, accompanied by a delegation of government officials, conducted an official visit to the Sunrise’s plant on April 11, symbolizing the Company's pivotal role within the industry. During the visit, Mr. Haiping Hu, Chairman of Sunrise, presented an overview of the Company's production, technological advancements, energy consumption, and environmental protection efforts. Emphasizing innovation-driven strategies, Mr. Hu highlighted the Company's commitment to reducing costs, enhancing competitiveness, and strengthening meticulous management practices. Governor Li praised Sunrise and its representation of Guizhou's new energy power battery and materials industry. He stressed the importance of optimizing government industrial fund operations to support key industries and enterprises. Furthermore, he emphasized the need to promote coordination among upstream and downstream sectors of the industrial chain to leverage cluster effects effectively.

ZIBO, China, April 10, 2024 (GLOBE NEWSWIRE) -- Sunrise New Energy Co., Ltd. (“Sunrise”, the “Company”, “we” or “our”) (NASDAQ: EPOW),  today reiterated that its headquarter address in China remains consistent with the address provided in the FORM 6-K released in July 2022 (sec.gov/Archives/edgar/data/1780731/000121390022039402/ea162873-6k_globalinternet.htm), which is Room 703, West Zone, R&D Building, Zibo Science and Technology Industrial Entrepreneurship Park, No. 69 Sanying Road, Zhangdian District, Zibo City, Shandong Province, PRC. This relocation is from Room 208, Building 1, No. 28 Houtun Road, Haidian District, Beijing, PRC.

ZIBO, China, March 20, 2024 (GLOBE NEWSWIRE) -- Sunrise New Energy Co., Ltd. (“Sunrise”, the “Company”, “we” or “our”) (NASDAQ: EPOW), today announced that its CEO, Mr. Haiping Hu, has purchased 309,928 shares of the Company's stock since January 2024 to increased his holding of the Company’s stock to 8,140,461 shares. With a strong belief in the company's long-term potential, Mr. Hu announced plans to further increase his holdings over the next six months.

ZIBO, China, March 19, 2024 (GLOBE NEWSWIRE) -- Sunrise New Energy Co., Ltd. (“Sunrise”, the “Company”, “we” or “our”) (NASDAQ: EPOW), today announced that it has received a letter (the "Notification Letter") from the Nasdaq Stock Market LLC ("Nasdaq") on March 14, 2024, notifying the Company that it no longer meets the minimum bid price requirement set forth in the Nasdaq Listing Rules. The Notification Letter has no immediate impact on the listing or trading of the Company’s shares on Nasdaq. The Notification Letter does not affect the Company’s business operations, its U.S. Securities and Exchange Commission reporting requirements, or contractual obligations.

ZIBO, China, March 08, 2024 (GLOBE NEWSWIRE) --  Sunrise New Energy Co., Ltd. (“Sunrise”, the “Company”, “we” or “our”) (NASDAQ: EPOW), today announced securing a significant financing of $14 million USD from China Everbright Bank. This low-interest loan effectively bolsters the Company's liquidity, ensuring seamless production and delivery of client orders. Among the esteemed clientele are globally renowned lithium battery manufacturers such as Contemporary Amperex Technology Co. Limited (CATL), BYD and HiTHIUM.

ZIBO, China, March 07, 2024 (GLOBE NEWSWIRE) -- Sunrise New Energy Co., Ltd. (“Sunrise”, the “Company”, “we” or “our”) (NASDAQ: EPOW), today announced the acquisition of a significant order comprising 25,000 tons of energy storage materials from Xiamen HiTHIUM Energy Storage Technology Co., Ltd. (HiTHIUM). This collaboration marks a pivotal moment that Sunrise has ventured into the thriving energy storage battery materials market, increasing new avenues for growth and innovation, and consolidating its existing strength in electric vehicle battery materials.

ZIBO, China, March 06, 2024 (GLOBE NEWSWIRE) -- Sunrise New Energy Co., Ltd. (“Sunrise”, the “Company”, “we” or “our”) (NASDAQ: EPOW), announced today that Mr. Haiping Hu, Chairman, was awarded the esteemed title of "Outstanding Entrepreneur of Guizhou Province" for the years 2021-2023. The event, graced by senior officials including Guizhou Provincial governors, underscored Mr. Hu's exceptional leadership and contributions to the regional business landscape. In a parallel recognition of talent and dedication, Ms. Xianyan Zha, a high-level specialist at the Sunrise New Energy Research Center, was acknowledged as the "Rising Talent" in Qianxinan Prefecture by the Department of Human Resources and Social Security. Prior to this, the General Manager of the Company was honored as an "Elite Talent," while the Deputy General Manager was recognized as a "Key Talent" in the same domain of Qianxinan Prefecture.

ZIBO, China, March 04, 2024 (GLOBE NEWSWIRE) -- Sunrise New Energy Co., Ltd. (NASDAQ: EPOW), today announced the approval of its "High-Energy Fast Charging Lithium Battery Graphite Anode Project" by Guizhou Province's Department of Science and Technology as part of the provincial "Industrialization of Advanced Scientific and Technological Achievements" plan. This project aims to utilize patented technology to enhance energy density, improve charging efficiency and cycling performance. Sunrise has made significant breakthroughs in these areas, paving the way for large-scale industrial application and positioning itself as a leader in the industry.

ZIBO, China, Jan. 12, 2024 (GLOBE NEWSWIRE) --  Sunrise New Energy Co., Ltd. (“Sunrise”, the “Company”, “we” or “our”) (NASDAQ: EPOW), announced today that its subsidiary, Sunrise (Guizhou) New Energy Materials Co., Ltd. has announced its application for the prestigious China Patent Award, which is regarded as the foremost recognition in the field of intellectual property rights in China. Established in 1989, the China Patent Award is jointly organized by the State Intellectual Property Office of China and the World Intellectual Property Organization, with the aim of promoting and commending patented inventions and creations.

ZIBO, China, Jan. 08, 2024 (GLOBE NEWSWIRE) -- Sunrise New Energy Co., Ltd. (“Sunrise”, the “Company”, “we” or “our”) (NASDAQ: EPOW), announced today that Mr. Haiping Hu, the Company’s Chief Executive Officer, purchased 245,000 shares of the Company's ordinary shares in the first week of this year, at a price of $1.0706 per share, for approximately $262,297. Mr. Hu now beneficially owns a total of 7,107,933 ordinary shares of the Company.

ZIBO, China, Dec. 29, 2023 (GLOBE NEWSWIRE) -- Sunrise New Energy Co., Ltd. (“Sunrise”, the “Company”, “we” or “our”) (NASDAQ: EPOW), today announced that its subsidiary, Sunrise (Guizhou) New Energy Materials Co., Ltd., has received preliminary approval from the National Intellectual Property Office for its invention patent titled "Preparation Method of Metal Sulfide-Doped Hard Carbon Composite Material". The official document number assigned is 2023121500112460. This invention falls within the field of secondary battery material preparation, focusing on the preparation method for a metal sulfide-doped hard carbon composite material.

ZIBO, China, Dec. 26, 2023 (GLOBE NEWSWIRE) -- Sunrise New Energy Co., Ltd. (“Sunrise”, the “Company”, “we” or “our”) (NASDAQ: EPOW), today announced that its subsidiary, Sunrise (Guizhou) New Energy Materials Co., Ltd., has received preliminary approval from the National Intellectual Property Office for its invention patent titled "Fiber-Structured Titanium-Doped Amorphous Carbon Coated Silver Hard Carbon Composite Material and the Preparation Method." The official document number is 2023121501155630. This invention pertains to the field of sodium-ion battery material preparation and introduces a fiber-structured titanium-doped amorphous carbon coated silver hard carbon composite material and its preparation method.

ZIBO, China, Dec. 21, 2023 (GLOBE NEWSWIRE) -- Sunrise New Energy Co., Ltd. (“Sunrise”, the “Company”, “we” or “our”) (NASDAQ: EPOW), today announced that its patent application for the invention titled "Method for Preparing Anode Material for Lithium-Ion Batteries" has been approved by the Japanese Patent Office. The patent, with the number "Invention 2022-170556," was granted on December 20, 2023, and is valid for 20 years. The patent was issued by a Japanese Ministry of Economy, Trade and Industry official.

ZIBO, China, Dec. 20, 2023 (GLOBE NEWSWIRE) -- Sunrise New Energy Co., Ltd. (“Sunrise”, the “Company”, “we” or “our”) (NASDAQ: EPOW), today announced its significant contribution to the development of a national industry standard policy titled "Technical Specifications for the Production Process of Artificial Graphite Anode Materials". This standard policy is widely recognized as a crucial guideline within the battery industry and plays a vital role in ensuring the production and quality control of artificial graphite anode materials.

ZIBO, China, Dec. 18, 2023 (GLOBE NEWSWIRE) -- Sunrise New Energy Co., Ltd. (“Sunrise”, the “Company”, “we” or “our”) (NASDAQ: EPOW), today announced that the patent application for the invention titled "Multivariable Particle Size Control System for Graphite Micropowder Production" by Sunrise (Guizhou) New Energy Materials Co., Ltd has  been accepted by the National Intellectual Property Bureau. The application has been assigned the application number 202323405484.1, with acceptance number 2023121400642270.

ZIBO, China, Dec. 11, 2023 (GLOBE NEWSWIRE) -- Sunrise New Energy Co., Ltd. (“Sunrise”, the “Company”, “we” or “our”) (NASDAQ: EPOW), today announced that Narada Power, a leading player in the energy storage industry, has placed an incremental order for 10,000 tons of anode materials for the upcoming year, further solidifying their cooperation.

ZIBO, China, Nov. 29, 2023 (GLOBE NEWSWIRE) -- Sunrise New Energy Co., Ltd. (“Sunrise New Energy”, the “Company”, “we” or “our”) (NASDAQ: EPOW),  today announced its subsidiary, Sunrise (Guizhou) New Energy Materials Co., Ltd. (“Sunrise Guizhou”) has secured a $28 million investment. Sunrise Guizhou has already signed an investment agreement with the investor, stating the investment funds will be realized within 60 working days. “We are delighted that this investment will effectively supplement the company's cash flow, which will greatly assist in fulfilling the delivery of our existing substantial orders.” stated Sunrise’s Chairman, Mr. Haiping Hu. "We have successfully secured orders from esteemed clients, including the world's largest power battery manufacturers, CATL and BYD, as well as several top-ranking energy storage battery companies. Our commitment to excellence in product quality, technological innovation, and customer satisfaction has enabled us to forge strong partnerships with industry leaders.”

ZIBO, China, Nov. 10, 2023 (GLOBE NEWSWIRE) --  Sunrise New Energy Co., Ltd. (“Sunrise”, the “Company”, “we” or “our”) (NASDAQ: EPOW), today announced that its Chairman, Mr. Haiping Hu, has revealed his decision to purchase 200,000 shares of the company's stock in 30 days.

ZIBO, China, Nov. 03, 2023 (GLOBE NEWSWIRE) -- Sunrise New Energy Co., Ltd. (“Sunrise”, the “Company”, “we” or “our”) (NASDAQ: EPOW), today announced the completion of construction in Zone B of its plant in Guizhou. Zone B covers an area of 128,000 square meters, with the factory facilities occupying 20,400 square meters and the office covering 1,800 square meters. The main facilities in Zone B include the rolling and grinding workshops, as well as the finished goods warehouse. Previously, the Company had completed Zone A, which is primarily used for graphitization, crushing and granulation, including workshops 1 and 8, a laboratory, and an office building. The construction of Zone B provides an important expansion to the company's production capabilities.

ZIBO, China, Oct. 27, 2023 (GLOBE NEWSWIRE) --  Sunrise New Energy Co., Ltd. (“Sunrise”, the “Company”, “we” or “our”) (NASDAQ: EPOW), today announced the successful development of the latest generation of porous carbon-coated silicon anode material, offering a capacity five times higher than existing artificial graphite. This breakthrough material can be applied to electric vehicle batteries, enabling a range of 1,000 kilometers.

ZIBO, China, Oct. 25, 2023 (GLOBE NEWSWIRE) -- We are advised by Sunrise New Energy Co., Ltd. that journalists and other readers should disregard the news release, “Sunrise New Energy Announces Discussing Collaboration with LG Energy and Abu Dhabi Investment Fund for Lithium Battery Material Manufacturing Overseas”, issued October 24, 2023, over GlobeNewswire.

ZIBO, China, Oct. 25, 2023 (GLOBE NEWSWIRE) -- Sunrise New Energy Co., Ltd. (“Sunrise”, the “Company”, “we” or “our”) (NASDAQ: EPOW), today announced a major milestone as it has been assigned as the supplier of anode materials for the 2.5 GW Integrated Generation, Grid, and Energy Storage project (“IGGES Project”). The IGGES Project's signing ceremony took place on September 16th, with the participation of Shenzhen Zhuhai New Energy Co., Ltd., Guangxi Longyuan Power Group Corporation Limited, China Railway Construction Corporation Limited (CRCC) and the People's Government of Tiandong County, Baise, Guangxi, at the 20th China-ASEAN Expo and China-ASEAN Business and Investment Summit attended by Chinese Premier Li Qiang.

ZIBO, China, Oct. 24, 2023 (GLOBE NEWSWIRE) -- Sunrise New Energy Co., Ltd. (“Sunrise”, the “Company”, “we” or “our”) (NASDAQ: EPOW), today announced that it is in discussions with LG Energy and the Abu Dhabi Investment Fund regarding a potential collaboration. The parties are discussing the establishment of a new lithium battery material manufacturing facility in Abu Dhabi, with an anticipated annual production capacity of 50,000 tons of anode materials. At present, the three parties are conducting negotiations on the specific details of the cooperation and will submit it to the board of directors for approval after signing the cooperation memorandum.

ZIBO, China, Oct. 17, 2023 (GLOBE NEWSWIRE) -- Sunrise New Energy Co., Ltd. (“Sunrise”, the “Company”, “we” or “our”) (NASDAQ: EPOW), today announced that  Sunrise (Guizhou) New Energy Materials Co., Ltd. has successfully delivered over 3,000 tons of products to Narada Power from January to September 2023. Sunrise has become a strategic supplier for Narada Power since April 2022, following a rigorous selection process. In 2022, we supplied 1,200 tons of products, and we anticipate reaching an annual supply of 5,000 tons in 2023 and a remarkable 8,000 tons in 2024. Becoming a strategic supplier for Narada Power has brought predictable and sustained revenue growth for the Company.

ZIBO, China, Oct. 16, 2023 (GLOBE NEWSWIRE) -- Sunrise New Energy Co., Ltd. (“Sunrise”, the “Company”, “we” or “our”) (NASDAQ: EPOW), today announced  its recent accolades as a Provincial Enterprise Technology Center and Provincial Industrial Design Center. These prestigious titles were granted through a rigorous selection process conducted by the Provincial Department of Industry and Information Technology, evaluating criteria such as industrial design capabilities, cutting-edge innovation, efficient management practices, and outstanding revenue performance. 

ZIBO, China, Oct. 09, 2023 (GLOBE NEWSWIRE) -- Sunrise New Energy Co., Ltd. (“Sunrise”, the “Company”, “we” or “our”) (NASDAQ: EPOW), today announced Sunrise has been certified as one of the Provincial High-tech Enterprises for the year 2023, as announced on the official website of the Guizhou Science and Technology Department.

ZIBO, China, Sept. 29, 2023 (GLOBE NEWSWIRE) --  Sunrise New Energy Co., Ltd. (“Sunrise”, the “Company”, “we” or “our”) (NASDAQ: EPOW), today announced a new customer win of Xiamen HiTHIUM Energy Storage Technology Co., Ltd. ( “HiTHIUM”). HiTHIUM is a leading manufacturer of top quality stationary energy storage products for utility-scale, commercial, and industrial applications. HiTHIUM ranked first in China’s energy storage market in terms of the number of projects supplied in 2022, and it also supplied top-shelf stationary energy storage products in Europe and worldwide. HiTHIUM recently achieved a valuation exceeding 4.1 billion USD in its latest funding round in July 2023. More information about HiTHIUM can be found at the company’s website at https://hithium.com/en/about-us.

ZIBO, China, Sept. 28, 2023 (GLOBE NEWSWIRE) -- Sunrise New Energy Co., Ltd. (“Sunrise New Energy”, the “Company”, “we” or “our”) (NASDAQ: EPOW)

ZIBO, China, Sept. 20, 2023 (GLOBE NEWSWIRE) -- Sunrise New Energy Co., Ltd. (“Sunrise”, the “Company”, “we” or “our”) (NASDAQ: EPOW), today announced that Sunrise (Guizhou) New Energy Material Co., Ltd. has won the top 50 of 2023“Maker in China” SME Innovation and Entrepreneurship Global Contest Guizhou Chapter (“SME IEGC”) with the project “Development of Novel Sodium ion Biomass Anode Materials” . SME IEGC, focally directed by the Ministry of Industry and Information Technology of China (MIIT), is an annual global contest aiming at selecting enterprises with innovative technologies, and facilitating collaborative innovation in the industries including New Energy, Energy Saving and Environmental Protection, Information Technology, New Materials, Industrial Internet and Advanced Manufacturing, Bio-medicine and Biotechnology.  The winners are selected for outstanding technology, products, finance and strategy, from various candidate projects recommended by local governments and universities, through on-site evaluation and scoring by experts. Sunrise is the only one winner company in the lithium-ion battery anode material industry, and it is one of the three winners from Qianxinan Prefecture.

ZIBO, China, Sept. 18, 2023 (GLOBE NEWSWIRE) -- Sunrise New Energy Co., Ltd. (“Sunrise  New Energy”, the “Company”, “we” or “our”) (NASDAQ: EPOW), today announced that Sunrise (Guizhou) New Energy Material Co., Ltd. has received credit of RMB 50 million, or approximately $6.85 million based on the appraisal value of its 7 patents.

ZIBO, China, Sept. 14, 2023 (GLOBE NEWSWIRE) --  Sunrise New Energy Co., Ltd. (“Sunrise”, the “Company”, “we” or “our”) (NASDAQ: EPOW), today announced that a technical sales manager (“Expert”), who used to be an expert assigned by CATL (Contemporary Amperex Technology Co.,Ltd.) , has joined Sunrise. This Expert used to be a factory inspection engineer assigned from CATL to Sunrise factory, responsible for investigating the manufacturing process and quality control as well as tested the sample finished product of Sunrise for more than 6 months from year 2022. During this period, he implemented strict inspection requirements and provided suggestions and guidance to Sunrise factory. After multiple improvements, Sunrise ultimately passed the rigorous and detailed inspection procedures and obtained approval from CATL. The Expert returned to CATL after the inspection procedure was completed. Months later, he decided to resign from CATL and join Sunrise full-time after deep consideration, because he was well impressed by the excellent capabilities demonstrated by Sunrise's team, including technology, R&D, supply chain, and marketing.

ZIBO, China, Sept. 15, 2023 (GLOBE NEWSWIRE) --  Sunrise New Energy Co., Ltd. (“Sunrise”, the “Company”, “we” or “our”) (NASDAQ: EPOW), today announced that  Graphite One Inc. (TSXV: GPH) (OTCQX: GPHOF) ("Graphite One"), a partner of Sunrise, was awarded $37.5 million from US government. Sunrise and Graphite One has started cooperation since April 2022, when Graphite One plans to build a supply chain of graphite materials in the U.S., which is proposed to consist of a manufacturing facility producing anode and other graphite-based products using natural graphite from a graphite deposit site near Nome, Alaska, and Sunrise is invited to assist in the design, construction and operation of the proposed manufacturing facility. In April 2022, both parties signed a memorandum of understanding ("MOU") to share expertise and technology for the design, construction, and operation of Graphite One's facility.  In April 2023,  Graphite One announced that it has received the active anode material samples produced by Sunrise.  The sample material and the sample specification data have been provided to the U.S. Department of Energy’s Pacific Northwest National Laboratory (“PNNL”) for additional testing and sample material has been sent to a leading Electric Vehicle (EV)  manufacturer for evaluation.  In August 2023, Sunrise and  Graphite One conducted multiple rounds of communication about the draft Consulting Agreement and Supply Agreement, in which  Graphite One wishes to engage Sunrise to provide consulting services relating to the development of the G1 Facility due to that Sunrise’s principals and technical personnel have knowledge, skill, know-how and expertise in R&D and manufacturing process such that the finished products may be sold as active anode materials into the supply chain for lithium-ion batteries. The two parties have reached a preliminary consensus on these cooperation agreements and are revising on the details. It is expected that these documents will be signed within next month.

ZIBO, China, Sept. 13, 2023 (GLOBE NEWSWIRE) -- Sunrise New Energy Co., Ltd. (“Sunrise New Energy”, the “Company”, “we” or “our”) (NASDAQ: EPOW), today announced that Sunrise (Guizhou) New Energy Materials Co., Ltd has applied two more patents of in hard carbon composite materials in September, including 202311166138.4-2023091101651000: A Preparation Method for Metal Sulfide Doped Hard Carbon Composite Materials and 2023111652084 -2023091101479840: A hard carbon composite material doped with antimony alloy and its preparation method. In addition, the Company also granted two new invention patents in August, namely 202211427206.3-2023082400873250: A Preparation Method for Anode Materials Used in Long Cycle Lithium Ion Batteries and 202211427111.1 -2023081800130520: A Preparation Method for High Energy Density Fast Charging Anode Materials. As of today, the Company's patent portfolio has reached a total of 50 applied, domestic and international, of which 25 have been granted.

ZIBO, China, Aug. 14, 2023 (GLOBE NEWSWIRE) -- Sunrise New Energy Co., Ltd. (“Sunrise”, the “Company”, “we” or “our”) (NASDAQ: EPOW), today announced that  Sunrise (Guizhou) New Energy Materials Co., Ltd. has passed rigorous and detailed on-site inspection by CATL (Contemporary Amperex Technology Co.,Ltd.) and started monthly bulk delivery on August 8.

ZIBO, China, Aug. 07, 2023 (GLOBE NEWSWIRE) -- Sunrise New Energy Co., Ltd. (“Sunrise”, the “Company”, “we” or “our”) (NASDAQ: EPOW), today announced Sunrise (Guizhou) New Energy Materials Co., Ltd. has delivered 3,000 metric tons graphite anode to customers in July, making a new record of monthly shipment. Sunrise’s key customers include the global top ten manufacturers of power batteries and energy storage batteries, such as BYD Company Limited (ticker: 002594) and Zhejiang Narada Power Source Co.,Ltd. (ticker: 300068). The Company anticipates that it will recognize significant revenue increase in the second half of this year.

ZIBO, China, Aug. 01, 2023 (GLOBE NEWSWIRE) -- Sunrise New Energy Co., Ltd. (“Sunrise New Energy”, the “Company”, “we” or “our”) (NASDAQ: EPOW), today announced that the project of "Sodium-ion battery hard carbon anode material research and development" (the “Project”) proposed by Sunrise (Guizhou) New Energy Materials Co., Ltd. has passed the review of the Science and Technology Support Plan of Guizhou Provincial Department of Science and Technology. The Guizhou Provincial Science and Technology Support Plan is aimed at conducting research on breakthrough technologies of key industries and social welfare, using government investment and policy incentives to drive industrial capital investment, to enhance the competitiveness and sustainable development of industries.

ZIBO, China, July 12, 2023 (GLOBE NEWSWIRE) -- Sunrise New Energy Co., Ltd. (“Sunrise”, the “Company”, “we” or “our”) (NASDAQ: EPOW), today announced that Sunrise (Guizhou) New Energy Materials Co., Ltd. has received 31.35 million yuan (approximately $4.35 million) of VAT (Value Added Tax) rebate for the financial year 2022 on June 16, 2023.

ZIBO, China, July 10, 2023 (GLOBE NEWSWIRE) -- Sunrise New Energy Co., Ltd. (“Sunrise New Energy”, the “Company”, “we” or “our”) (NASDAQ: EPOW), today announced that Sunrise (Guizhou) New Energy Materials Co., Ltd. has passed the ISO9001 international quality management on-site review and evaluation, and obtained the quality management system certification certificate recognized by the China National Accreditation Service for Conformity Assessment (CNAS). The quality management system complies with the ISO9001:2015 standard, covering the design and manufacturing of graphite anode material for lithium-ion batteries. Moreover, the company has passed the review and evaluation of the quality management system requirements for automotive production parts and related service parts organized by IATF16949:2016 Automotive Quality Management System, and obtained the certificate, covering the design and manufacturing of graphite anode material for lithium-ion batteries.

Patents Strengthen Sunrise's Intellectual Property Portfolio, Paving the Way for Future Expansion

ZIBO, China, April 26, 2023 (GLOBE NEWSWIRE) -- Sunrise New Energy Co., Ltd. (“Sunrise”, the “Company”, “we” or “our”) (NASDAQ: EPOW), today announced BYD as a new customer with the commencement of shipments under a 37,600 metric ton graphite anode purchase order, which is valued at $225 million based on recent pricing for graphite anode.

ZIBO, China, April 14, 2023 (GLOBE NEWSWIRE) -- Sunrise New Energy Co., Ltd. (“Sunrise”, the “Company”, “we” or “our”) (NASDAQ: EPOW), today announced that the revenues for the first 3 months of 2023, ending March 31st, reached $8 million compared to $440,000 in the first 3 months of 2022, an increase of 1,718%. During the first 3 months of 2023 the company produced and shipped over 1,350 metric tons of graphite anode.

ZIBO, China, Feb. 01, 2023 (GLOBE NEWSWIRE) -- Sunrise New Energy Co., Ltd. (“Sunrise”, the “Company”, “we” or “our”) (NASDAQ: EPOW), today announced that the company will host a business update conference call tomorrow morning, Thursday February 2nd at 8:30 AM ET to give more detail on its recent wins of two large supply contracts worth a cumulative $700 million based on recent graphite anode pricing.

ZIBO, China, Jan. 30, 2023 (GLOBE NEWSWIRE) -- Sunrise New Energy Co., Ltd. (“Sunrise”, the “Company”, “we” or “our”) (NASDAQ: EPOW), today announced that it has won a new contract to supply 40,000 metric tons of graphite anode to a leading Chinese EV Manufacturer.

ZIBO, China, Jan. 26, 2023 (GLOBE NEWSWIRE) -- Sunrise New Energy Co., Ltd. (“Sunrise New Energy”, the “Company”, “we” or “our”) (NASDAQ: EPOW), today announced unaudited preliminary sales numbers for its year ending December 31, 2022, of $37.8 million (RMB261 million), a 410% increase over 2021 sales of $7.4 million.

ZIBO, China, Dec. 14, 2022 (GLOBE NEWSWIRE) -- Sunrise New Energy Co., Ltd. (“Sunrise”, the “Company”, “we” or “our”) (NASDAQ: EPOW), today announced that the Company’s Chairman Mr. Haiping Hu was interviewed by The Wall Street Resource Podcast hosted by Jeff Kone.

ZIBO, China, Dec. 07, 2022 (GLOBE NEWSWIRE) -- Sunrise New Energy Co., Ltd. (“Sunrise”, the “Company”, “we” or “our”) (NASDAQ: EPOW), today announced that the company will host a conference call tomorrow morning, Thursday December 8th at 8:30 AM ET to discuss its $464 million purchase order from a top 5 global EV battery manufacturer.

ZIBO, China, Dec. 06, 2022 (GLOBE NEWSWIRE) -- Sunrise New Energy Co., Ltd. (“Sunrise New Energy”, the “Company”, “we” or “our”) (NASDAQ: EPOW), today announced that it has received a purchase order from a top 5 global EV battery manufacturer for 80,000 metric tons of graphite anode.

ZIBO, China, Nov. 29, 2022 (GLOBE NEWSWIRE) --  Sunrise New Energy Co., Ltd. (“Sunrise New Energy”, the “Company”, “we” or “our”) (NASDAQ: EPOW), today announced that its joint venture, Sunrise (Guizhou) New Energy Material Co., Ltd. has received a line of credit of RMB190 million, or approximately $26 million.

ZIBO, China, Nov. 21, 2022 (GLOBE NEWSWIRE) -- Sunrise New Energy Co., Ltd. (“Sunrise New Energy”, the “Company”, “we” or “our”) (NASDAQ: EPOW), today announced that the local government has granted a license for an additional 50,000 metric tons annual production of graphite anode at its plant in Guizhou Province.

ZIBO, China, Nov. 17, 2022 (GLOBE NEWSWIRE) -- Sunrise New Energy Co., Ltd. (“Sunrise New Energy”, the “Company”, “we” or “our”) (NASDAQ: EPOW), today announced China National Intellectual Property Administration (CNIPA) issued patent number 202210400774.8 to Sunrise New Energy, further strengthening the Company’s intellectual property position.

ZIBO, China, Nov. 11, 2022 (GLOBE NEWSWIRE) -- Sunrise New Energy Co., Ltd. (“Sunrise”, the “Company”, “we” or “our”) (NASDAQ: EPOW), today announced that it will file its first half 2022 financial results on Tuesday, November 22, 2022, before the market open and will host a business update conference call that same day at 9:30 AM ET.

Zibo, Shandong, China, Oct. 24, 2022 (GLOBE NEWSWIRE) -- Sunrise New Energy Co., Ltd. (“Sunrise”, the “Company”, “we” or “our”) (NASDAQ: EPOW), today announced that the company has developed a new process for the manufacturing of silicon-based anode that reduces the cost to build a manufacturing facility by 80% and reduces the cost of the finished silicon-based anode product by 50% compared to current manufacturing processes.

ZIBO, China, Sept. 29, 2022 (GLOBE NEWSWIRE) -- Sunrise New Energy Co., Ltd. (“Sunrise”, the “Company”, “we” or “our”) (NASDAQ: EPOW), today announced a new customer win with an initial RMB19 million (approximately $2.6 million) order from Pylon Technologies Co., Ltd.