Sunrise New Energy Co., Ltd - Class A Ordinary Shares (EPOW)
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Sunrise New Energy Co., Ltd. is a company focused on providing innovative solutions in the renewable energy sector
It specializes in the development and manufacturing of advanced energy storage systems, including lithium-ion batteries and related technologies, aimed at enhancing energy efficiency and sustainability. The company is committed to promoting clean energy alternatives and supports various applications, from electric vehicles to large-scale energy storage for renewable power generation, thus contributing to a greener future. Through its cutting-edge research and development efforts, Sunrise New Energy seeks to establish itself as a leader in the global shift towards renewable energy sources.
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.
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.
Sunrise New Energy shares are trading higher by 60.2% during Monday's session. Its subsidiary was selected for the "2024 Guizhou Provincial Key Projects for Promoting the Utilization of Intellectual Property".
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.
