EPOW Sunrise New Energy Company Ltd

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.

The patent pertains to the field of graphite manufacturing technology. It overcomes the drawbacks of conventional air grinding systems by providing a novel system that allows for adjustable variables, particle size detection, and low failure rates in the production of graphite micropowder.

The acceptance of this patent further solidifies the Company's position as a leader in the field of graphite manufacturing technology. By leveraging their extensive intellectual property portfolio, Sunrise is well-positioned to drive innovation and meet the evolving needs of the market. "We are proud of our research and development team for already achieving 56 domestic and international patents.” stated Mr. Haiping Hu, Chairman of Sunrise, “This accomplishment demonstrates Sunrise's strength at the forefront of anode material technology. As an innovative-driven manufacturer of advanced lithium-ion battery materials, we are committed to delivering high-quality products to our customers."

About Sunrise New Energy Co., LtdHeadquartered in Zibo, Shandong Province, China, Sunrise New Energy Co., Ltd., through its joint venture, is engaged in the manufacturing and sale of graphite anode material for lithium-ion batteries. The Company’s joint venture is constructing a 260,543 ㎡ manufacturing plant in Guizhou Province, China. The plant runs on inexpensive electricity from renewable sources, which helps to make Sunrise New Energy a low-cost and low–environmental-impact producer of graphite anode material. Mr. Haiping Hu, the founder and CEO of the Company, is a major pioneer for the graphite anode industry in China starting from 1999. The Company’s management team is also composed of experts with years of experiences and strong track-records of success in the graphite anode industry. In addition, the Company also operates a knowledge sharing platform in China. For further information, please visit the Company’s website at www.sunrisenewenergy.com. The Company also maintains a Twitter account (@sunrisenewener1) to keep investors up to date on the latest development of the Company.

Forward-looking statementCertain statements in this press release regarding the Company's future expectations, plans and prospects constitute forward-looking statements as defined by Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements about plans, goals, objectives, strategies, future events, expected results, assumptions and any other factual statements that have not occurred. Any words that refer to "may", "will", "want", "should", "believe", "expect", "expect", "estimate", "estimate" or similar non-factual words, shall be regarded as forward-looking statements. Due to various factors, the actual results may differ materially from the historical results or the contents expressed in these forward-looking statements. These factors include, but are not limited to, the company's strategic objectives, the company's future plans, market demand and user acceptance of the company's products or services, technological updates, economic trends, the company's reputation and brand, the impact of industry competition and bidding, relevant policies and regulations, the ups and downs of China's macroeconomic conditions, the relevant international market conditions, and other related risks and assumptions disclosed in the Company’s Annual Report on Form 20-F.. In view of the above and other related reasons, we advise investors not to blindly rely on these forward-looking statements, and we urge investors to visit the SEC’s website to consult the company's relevant documents for other factors that may affect the company's future operating results. The company is under no obligation to make public amendments to changes in these forward-looking statements due to specific events or reasons unless required by law.

For more information, please contact:The Company: IR Department Email: IR@sunrisenewenergy.com Phone: +86 4009919228